Daily Mirror (Northern Ireland)
Supermarket petrol prices ‘are too high’
SUPERMARKETS are charging far higher fuel prices than they should be, the RAC claims.
The motoring firm says the UK’S biggest fuel retailers refuse to lower pump prices despite a drop in wholesale costs.
Supermarkets’ profit margins are around 15p per litre for both petrol and diesel, it added.
It puts their prices at only 2p lower than average forecourts. Unleaded is around £1.63 a litre.
The RAC’S Simon Williams said: “It’s very sad to see the biggest fuel retailers taking advantage of their customers.
“This is a perfect example of prices falling like a feather, the opposite of them rocketing up as soon as the wholesale price rises significantly.”