Campaigners call for 25p cut in fuel duty to help with cost of living crisis
| Last updated
Campaigners have asked for a 25p reduction in fuel prices to help with the cost of living crisis.
Fuel prices were sitting at around 1.88.9p per litre for petrol and 196.4 per litre for diesel back in June, with experts now fearing that price could soon hit £2 per litre.
The plea comes as the cost of living crisis continues, with fuel, gas, and electric prices continuing to rise across the country.
Howard focused in on Conservative leadership frontrunners Rishi Sunak and Liz Truss; back in June Rishi said that he would evaluate whether to reduce the fuel levy after lowering it by 5p in March.
Now Howard Cox, the founder of FairFuel UK has spoken out about rising fuel prices.
Cox said: "We hear things like Rishi's got a plan, at least we hear from Liz Truss that she's gonna cut fuel, cut green levies, stop the corporation tax rise, reverse the National Insurance things. These are positive impacts on the cost of living and all of our lives.
"It is painful out there."
Mike Graham: "When are the Government going to realise petrol tax is absolutely crippling people?"@Iromg | @FairFuelUK pic.twitter.com/hmXWZOPEci— TalkTV (@TalkTV) August 9, 2022
Cox went on to suggest how he thought the problem could be solved: "When are they going to sort it out? The quickest way to do it is to cut fuel duty by 20-25p.
"We should be seeing 30p less at the pumps, everywhere - right across the country."
The campaigner then claimed that 'there are some pumps across the country, £1.59, £1.60 (per litre) why is it not right across the country, and why aren't supermarkets pushing down the price as well like they traditionally used to'.
"Despite the cost of oil falling 14 percent since 1 June, pump prices remain stubbornly 6 to 7p higher.
"The Tory government, stuck in its self-absorbing overlong leadership contest, is allowing the fuel supply chain to ruthlessly exploit UK's drivers completely unchecked."
He went on to propose an independent 'pump watch' which would act as a watchdog against racketeering and price hikes.
And the call for a price cut isn't unreasonable, given that fuel prices have been declining in recent months, with Brent Crude oil, a large international supplier of fuel, seeing a significant price drop from $124 per barrel in May to $93.38 yesterday, 8 August.
Featured Image Credit: Ianni Dimitrov Pictures / William Barton / Alamy Stock Photo
Topics: News, UK News, Money, Twitter, Social Media