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One small retailer finally drops price of fuel, when will others follow?

By Tom Gibson | July 19, 2022

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Fuel on sale at a retail and leisure outlet in Devon is on sale for 169.9p per litre – 20p less than the national average. When will others follow suit?

One small retailer finally drops price of fuel, when will others follow?

We’ve been reporting for some time how fuel retailers are keeping prices stubbornly high despite wholesale prices falling. And one retailer in Devon has finally realised they have a conscience and has lowered prices accordingly – but the greed of the big four supermarkets still means 30 million motorists are overpaying for their fuel.

Trago Mills in Newton Abbot is the retailer who has chosen to reduce prices, with the drop accounting for around a £10 per tank saving.

The RAC slammed other major fuel outlets not following the trend and lowering prices for consumers.

RAC fuel spokesman Simon Williams: 'These are the cheapest fuel prices we've seen and are much more in line with what drivers should be being charged given the sharp falls in the wholesale prices of petrol and diesel.

'We monitor both wholesale and retail fuel prices daily, including those at the UK's supermarkets - Asda, Tesco, Sainsbury's and Morrisons - and urge retailers to pass on cost savings to motorists when they can be made.'

'The current cost-of-living crisis is being keenly felt by households which depend on their vehicles, and the fact most retailers are still charging far more than they should be given wholesale price falls in recent weeks looks to be pretty inexcusable.

'We once again call on all major fuel retailers to cut their prices to reflect the lower prices they will have paid to buy the fuel in the first place and support motorists through what is an extremely expensive summer.'

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