Rishi Sunak and host Kay Burley clash over fuel duty
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According to the RAC Foundation, the average price for a litre of petrol is now 147.05p, while diesel has hit 150.58p per litre. Both fuel types have hit their highest ever UK prices in recent weeks as some analysts predict prices will continue to rise in the future.
Global prices of crude oil have returned to levels not seen since 2018, with the average price of a barrel of Brent Crude Oil sitting at around $80 or £59.
In October, Chancellor Rishi Sunak announced that fuel duty would be frozen for the 12th consecutive year.
Despite this, some campaigners are calling on the Government to cut fuel duty and ease pressures on drivers at a time when gas prices are also rising.
Howard Cox, Founder of FairFuelUK said: “High fuel prices are not saving the planet, they are crippling the economy, small businesses and low-income families.
“It is in the power of this Government to put cash back into all our pockets by doing the fiscal right thing and ignore the green myopic pressure to tax and tax.
“Time for the Conservatives to revert to type and cut this regressive punitive levy and stop the opportunistic profiteering in the fuel supply chain.
“If gas, electricity, water and telecoms get price protection bodies, why shouldn’t motorists have one too?
“We need ‘PumpWatch’ now, to ensure pricing fairness for both consumers and hardworking fuel retailers too.
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“Most of the profiteering is at wholesale level not by small independent retailers, who are also victims of the greedy fuel supply chain.”
FairFuelUK says that pump prices are fluctuating massively, with drivers seeing a difference of as much as 11p per litre in the same areas.
They argue that with inflation jumping to its highest level in a decade as energy and fuel bills soar, the Government is “not taking seriously enough” the current rocketing high price of diesel and petrol.
Mr Cox continued, saying: “Even President Biden’s administration suspects foul play in the US fuel supply chain may be driving up the price of petrol.
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