Campaign group FairFuelUK has said petrol and diesel should be 25p per litre cheaper than it is on forecourts currently as it slammed "the foul stench of profiteering". It said the price of a barrel of Brent Oil is now below £80, which it said should signal a considerable reduction in filling up at the pumps.
It said the price was down 14% in Sterling and 17% in US Dollars since June 1. The group has compared the situation to February, when oil was at a similar price, yet petrol was 31.4p per litre lower and diesel 38.1p per litre lower.
It accused the Government of raking in an extra £10million in VAT per day as a result, while families pay £15 to £20 more per tank compared to February. It also compared prices to those in Europe, with petrol in Germany 35p per litre cheaper, France 31p and Italy 25p.