Supermarkets are “taking benefit” of drivers by charging “far increased” gasoline costs than they need to be, a motoring companies firm has mentioned.
The RAC accused the UK’s largest gasoline retailers of refusing to decrease their pump costs regardless of a drop in wholesale prices.
It mentioned supermarkets’ revenue margins are round 15p per litre for petrol and diesel.
This implies clients are being charged an “unnecessarily excessive” common value of 161.0p per litre for petrol and 184.4p for diesel.
That is solely 2p per litre decrease than the common for all UK forecourts.
Supermarkets usually cost round 3.5p per litre lower than the UK common.
RAC gasoline spokesman Simon Williams mentioned: “With many individuals struggling to place gasoline of their vehicles, it’s very unhappy to see the most important gasoline retailers profiting from their clients by charging far increased costs than they need to be.
“That is sadly an ideal instance of costs falling like a feather, the other of them rocketing up as quickly because the wholesale value rises considerably.
“The supermarkets dominate UK gasoline retailing, primarily as a result of they’ve historically offered petrol and diesel at decrease costs because of the massive volumes they promote.
“Sadly there’s now a outstanding lack of competitors among the many 4 predominant gamers which implies costs are far increased than they need to be.
“There are smaller, unbiased forecourts providing extra aggressive costs than supermarkets, so drivers ought to store round.”