Calls for petrol prices to be cut in South Yorkshire
There are calls for retailers to cut the amount we have to pay for petrol in South Yorkshire - to match falling oil prices.
There are calls for retailers to cut the amount we have to pay for petrol in South Yorkshire - to match falling oil prices.
The RAC say oil prices are now at their lowest since early May but companies aren't passing on the saving to motorists at the pump.
They're calling for a 3p reduction per litre of petrol and diesel.
Neil Brusby - from Doncaster haulage company JP Walton - agrees:
"We've not really seen a reduction in price. After June 23rd we saw a huge increase and it's just not coming down at all. You can see there's a reduction elsewhere but we just don't seem to be seeing anything from it - we're now paying prices that we were paying 2 or 3 years ago"
"It's very frustrating - we look to try and be as efficient as we can. It's a very competitive market, transport. We're trying to cut our costs accordingly but part of the problem is we're tied up very specifically because we have such high costs to cover in the first place."
"Fuel is one of the highest costs that we have in our operations so the cheaper we can get it the more efficient our company is - the higher profits we make the more secure we can make the positions for our drivers."
The RAC say it'd help families going on holiday this summer to have a cut in prices.
RAC fuel spokesman Simon Williams told Hallam companies can afford it:
“We would hope that retailers are not taking advantage of public perceptions that fuel prices would rise following the Brexit vote last month, as the wholesale market is clearly showing a downward trend in prices right now. Retailers have a reasonable recent record of passing cost savings on, and we would like to think this is a blip rather than a new norm."
“Another dip in the already low world oil price – driven by oversupply and concerns about the global economic outlook – is putting a lot of downward pressure on wholesale prices, and we believe retailers should now act by passing on the savings they are making to the UK’s motorists.
“With millions of families currently away on holiday or soon to leave, combined with a boom in staycations this year, a cut now would be widely welcomed and would give motorists confidence that retailers are not keeping prices artificially high.”