No Drop At The Fuel Pump Despite Cost Of Crude Oil Falling

The Portlaoise petrol head explains the situation.

Crude oil is at its lowest price in years, yet we're not seeing that reflected at the fuel pumps.

Portlaoise petrol head Bob Flavin says it's down to disagreements between players within the petrol industry.

Lockdown restrictions were announced around the world almost a month and demand for fuel has fallen, but we're largely still paying the same prices for petrol and diesel.

Mr. Flavin predicts that will eventually change but reckons the cost of heating oil will drop much quicker:

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