Not had a go at it.But smaller garages in my area are charging 99p a litre diesel/lead replacement. 95p unleaded. where supermarket is 87p litre..83p for unleaded
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My local Shell garage is 1p cheaper than the major super markets.
The odd thing is there is no immediate local competition and the nearest supermarkets are 5 miles away.
What is going on?
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I spent 7 years working for a major fuel company heres the SP:
All fuel sites have 3 other sites identified as local marker sites, in some case the other sites can be 10 miles away
The marker sites are tracked for price and the information is fed into a computer at the fuel companies HQ. The actual price charged at each site is then fed into the computer and various measures are identified based on the sites location:
1)Post code location and local users social status
2)Price fluctations in the overall market
3) "Price Elasticity" check ie what the punters are prepared to pay in that area.
After all this number crunching the actual cost which the site can charge is fed back to the location and the numbers change.
Remember that 80p of every pound goes straight to the tax man and it costs the fuel company 15p in every pound to get the stuff out of the ground and refine it and place it in the pump for you to use. Thats a 5% profit margin!! The average retail margin in fashion retail is 40% and the Supermarkets work on 8%
\" Keep doing the same old thing, youll get the same old thing, try something different today!\"
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I read that LPG has had a massive tax hike in the budget. Sorry but can't remember details (40p or 40% extra tax?).
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I read that LPG has had a massive tax hike in the budget. Sorry but can't remember details (40p or 40% extra tax?).
Not so far as I can see: www.hm-treasury.gov.uk/media/AA7/7A/bud05_chapA_14...f
A93 The Government today announces, with effect from 1 September 2005, a narrowing of the duty differential for liquefied petroleum gas by one penny in 2005-06, and again in 2006-07 and 2007-08. The duty differential between natural gas and main road fuels will
remain the same for the next three years.
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