Petrol Competition/Price Fixing OFT

[Dedworth]

How can the Office of Fair Trading do a whitewash over this ? :cwm23:

MPs and motoring groups have reacted furiously after the Office of Fair Trading (OFT) decided not to hold a full inquiry into whether fuel prices in the UK are being manipulated.

The OFT said there is “no evidence” that high petrol and diesel prices in the UK are causing bad behaviour in the industry.

It said that the petrol market is “working well” – despite consumers paying near-record prices at the pumps.

The report said that pre-tax, “the UK has some of the cheapest road fuel prices in Europe”.

http://www.telegraph.co.uk/motoring/news/9836448/Ministers-to-blame-for-high-fuel-prices-says-competition-watchdog.html

Why is it I can drive to a nearby town and get diesel £0.08 per litre cheaper than all the garages in this town ? I pay £0.55 for my Daily Mail whether I buy it in Lands End, John O Groats, Heathrow Airport or a Motorway Service Area.

[Arthur Little]

I pay £0.55 for my Daily Mail whether I buy it in Lands End, John O Groats, Heathrow Airport or a Motorway Service Area.

:gp: ...so NO need for a "paper chase"! :biggrin:

[Dedworth]

Seems like this one won't go away :smile:

Regulators must explain 'limp-wristed' petrol price rigging inquiry, says MP

British regulators must explain their "limp-wristed, lettuce leaf" inquiry that gave the petrol market a clean bill of health just months before oil companies were raided by European authorities, an MP said today.

http://www.telegraph.co.uk/motoring/news/10058340/Regulators-must-explain-limp-wristed-petrol-price-rigging-inquiry-says-MP.html

Oil price fixers should face prison, says Cameron: 'Rigging' might have cost every household £2,000


Oil giants Shell and BP accused of fixing prices for more than a decade
PM said allegations 'hugely concerning' and threatens to prosecute bosses
Experts believe scandal could have cost consumers thousands at the pump




Read more: http://www.dailymail.co.uk/news/article-2325217/Oil-price-fixers-face-prison-says-Cameron-Rigging-cost-household-2-000.html#ixzz2TRAW19kE

[andy222]

So if these companies are found guilty we will all get some money back?:laugher:

[Dedworth]

So if these companies are found guilty we will all get some money back?:laugher:

Do the victims of a crime always get full recompense ? If they are guilty I'd be very happy to see those responsible jailed and the OFT whitewashers sacked and lose their pension rights