Oil Price and Petrol price?

There seems to be no relation between the oil price and the petrol price we pay in UK.


For the last few days oil price has fallen from $135 to $122 ,but the UK petrol price we pay has risen to 拢1.18 at some petrol station.


Why are the supermarkets allowed to charge such a high price when the oil price is falling?


They make enough money and so does the UK Govt.Oil Price and Petrol price?
Its only the tax that keeps being added so top respect to all the lorry drivers and fisherman that have protested over the last few days. i actually paid 拢1.38 a litre. if everybody was going to stop buying petrol for one day so would i. if there is a organisation for such event please inform me so i can join forces please.Oil Price and Petrol price?
Its not a case of the price of oil drops and then the forcourt manager goes out and puts down the price on his sign thing that day.





Oil takes weeks to go through the system (getting imported and refined and transported to your local petrol station) and thats why the price changes are not instant.





The petrol stations are not profiteering and only make about 拢2 on 拢20 or fuel.





The government take a massive amount and they have since the conservatives introduced the fuel tax escalator in the 1990s





The problem in that people in china want petrol too and there's not enough to go round, so supply/demand puts the price up and it goes to those that are prepared to pay for it,
Everyone kicked off at the price when it was a 拢1 for a litre and now I am paying 拢1.15-拢1.17 at tescos where i live and the cost of driving is getting a joke... something will have to give at some point but supermarkets and other garages can get away with high prices because everyone needs fuel and they know us the idiots will pay the price big time dont get me started on this issue!!
It does appear rudiculous but unfortunately oil is purchased in a futures market and the daily price of oil has no real effect upon forecourt prices. However I find it amazing that they can increase prices quickly but reduce them at a snail's pace. The government cares little for our plight for they are rubbing their hands together as the tax rolls in. It is the speculators I hate for inflating oil prices.
If oil prices dropped 50% Gorden Brown would still keep petrol prices at the same level, by banging more tax on it,


they know that if the pubic has been prepared to pay 拢1.15p a litre, then they want mind if they tax us even more
Everything in this country is a rip off very soon it will be a waste of time going to work because we dont get much of it to spend on ourselves,but what do we all do just carry on