LONDON, January 30, 2013 /PRNewswire/ --
The Road Haulage Association is bitterly disappointed at the news that the Office of Fair Trading does not intend to pursue its investigations into fuel pricing.
Commenting, RHA Chief Executive Geoff Dunning said: "The RHA, together with FairFuelUK, has worked hard to raise this issue with Westminster in general and HM Treasury in particular. We considered the response from Chief Treasury Secretary Danny Alexander to be particularly encouraging.
"To hear that the OFT does not consider the disparity between barrel and pump price warrants further investigation will come as a real blow to every user of road fuel in the UK.
"The OFT also acknowledges that high pump prices are a result of high crude prices, not competition. On that basis, why, when the barrel price drops, is that drop is not reflected at the pump?
"What is the rationale behind fuel prices at motorway service areas being so much higher than those charged by high street retailers? These are all important questions which still need answering.
"As far as the Road Haulage Association is concerned, we asked for transparency but all we got was a whitewash."
Road Haulage Association - phone us first
SOURCE Road Haulage Association