BP, Shell and Texaco would benefit from rising prices
Millions of motorists will pay more for petrol this week in the wake of the tainted fuel chaos.
Wholesale prices have surged as Asda, Tesco and Morrisons seek new supplies to replace the petrol which put thousands of cars out of action.
Oil giants have been accused of cashing in with instant rises at the pumps of up to 3p a litre (14p a gallon).
It means motorists throughout the country are paying for a problem which mostly affected the South-East of England. The AA said they should be rightly furious if they were ‘being rippedoff through profiteering’ by the oil companies.
But worried motorists were still shunning supermarket forecourts and queueing at garages charging the higher prices.
Ray Holloway, of the Petrol Retailers’ Association, said it would be the petrol giants such as BP, Shell and Texaco who would benefit from rising prices.
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