Thread: PETROL PRICES
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  #185  
Old 23-03-2012
mattr mattr is offline
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Quote:
Originally Posted by cmgreen View Post
Partly Dissagree, am sure if everyone filled up at, say shell, then the supermarkets will suffer, and i bet they will reduce there prices.
Not enough to make a difference. And not for long enough to make a difference.
They don't have enough control over the price to not make a huge loss. Retailer mark up on fuel is only a couple of %. The people who effectively set the price are the taxman and the producer, so as long as fuel is being bought somewhere, the main "owners" of the price won't be affected. So prices aren't likely to drop more than a couple of pence.
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