With Coryton closing, don’t expect cheap petrol
Just 28 miles east of London, the giant Coryton oil refinery is shutting down. None of this is going to make filling up that tank any cheaper.
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Twenty three years from now, new diesel and petrol cars and vans will be banned in the UK. But while the implications of the government’s long term “clean air strategy” are big on ambition, it is, say critics, short on detail. There won’t, for example, be a diesel vehicle scrappage scheme, and local councils won’t…
President Emmanuel Macron’s government said poorer families would receive subsidies to help them switch to electric vehicles. The move follows Volvo’s announcement yesterday that all its new models will be electric or hybrid after 2019.
The cost of petrol could fall by as much as sixpence a litre as cheaper oil pushes supermarkets into a price war.
BP and Shell offices are raided by inspectors after allegations of collusion over price-fixing, which regulators say may have pushed up the price of petrol over the last ten years.
There is “very limited evidence” that pump prices rise quickly when the wholesale price goes up but fall more slowly when it drops, an Office of Fair Trading report on motor fuel competition reveals.
The price of petrol is increasing, says the AA, after more than three months of falling cost at the pumps, amid claims that a drop in the wholesale price of fuel has not been passed on to motorists.
Protestors and supporters of Mohamed Mursi are reported to have thrown petrol bombs at each other in clashes over constitutional reform.
Independent petrol retailers turn on the government for encouraging panic buying of fuel, describing its approach as “ill-conceived” and criticising ministers for failing to engage with the industry.
Having previously told drivers to top up with petrol ahead of a possible tanker drivers’ strike, the government is now saying there is no need to queue at forecourts.
As motorists face price hikes, huge queues and even fights at petrol stations caused by the fear of strike action by fuel tanker drivers, a senior fire chief warns against stockpiling petrol.
Results of a strike vote by 2,000 fuel tanker drivers are due this afternoon, threatening to bring chaos to air and road traffic across the UK.
Just 28 miles east of London, the giant Coryton oil refinery is shutting down. None of this is going to make filling up that tank any cheaper.
MPs will today debate a motion calling on the government to stem fuel price rises, following an e-petition signed by more than 100,000 people.
As the AA warns that motorists are cutting back on petrol use as a result of sky high petrol prices, Channel 4 News maps the locations of the most expensive petrol stations in the UK.
Drivers stung by high fuel prices have cut petrol use by 15 per cent since the credit crunch hit, new figures show. The AA tells Channel 4 News it is a welcome environmental boost – but at a price.