Some really positive news!
Dear FairFuelUK Supporter,
The body that carries out investigations into whether markets for goods and services are working fairly is preparing to launch an investigation into petrol and diesel prices in the UK.
At last! FairFuelUK has been calling for action on this for months and has made representations on your behalf to the highest levels of Government on the need for this type on inquiry and investigation.
At 11.00 am today, the Office of Fair Trading (OFT) has announced that it will be asking for evidence on the following issues. It's the number 1 item on BBC's 6.00 pm news. We know that these are questions that have caused massive concern to you, our supporters:
•Do pump prices fall quickly enough when the Oil price falls?
•Are there areas of the country where people are paying too much because there is no effective competition – particularly in remote rural areas?
•Are the Oil companies and big retailers like supermarkets playing fair?
Petrol prices rose by 38% between June 2007 and June this year, and diesel prices went up by 43% over the same period. This positive news to investigate fuel pricing would not have been possible without the great body of FairFuelUK supporters across the country adding their voices and signatures to the clamour for action.
There’s still a long way to go in our fight for fairer pump prices. We mustn’t lose focus on the fact that the Government still plays a massive part in high fuel prices because of the high rate of fuel duty. However, today is another positive step in our long fight………..and we wanted you to be the first to know about it.
The battle for lower petrol and diesel prices continues so we will still need more and more supporters to show the Government that lower prices means growth to the economy and subsequently more revenue to the Treasury. Please continue to get all your contacts to sign up to www.fairfueluk.com
Thanks to you for your support…………
Very kind regards,
The FairFuelUK Team