This maybe simplistic and possibly just wrong, but last summer crude was priced at $150 a barrel, this equated to roughly £1.20 a litre of go-go juice.
Then crude nose-dived to approx $40 a barrel, we saw pump prices drop to 85p/litre (ish).
Why the hell are we now back to £1.05 a litre when crude is still only $69 a barrel?
Two reasons I’m aware of:
1. That badger head chancellor keeps stiffing us for more tax.
2. Oil companies blaming weakening £.
I thought the pound had made a bit of ground on the dollar, So the way I see it, you get a bit more dollars to the pound, therefore you can buy more oil.
I know the oil companies didn’t pass the saving on for months when the crude price slumped as they said they had bought their supplies when prices where high, So Why the hell did they not buy loads when it was cheap? Why is the pump price increasing so fast?!
Also, why is there no media coverage of this issue yet? I would have thought it would be plastered all over the news by now, which makes me think I am missing the point somewhere- can someone enlighten me?
Currently feeling like we are being bent over said barrel of oil and buggered by the fat cat oil bosses and Brown/Darling while they’re all laughing at us Brits who are now proven to be willing to pay £1.20 a litre…...
) although if they were both 10p cheaper than they are i'd be far happier.. 
Still they havent asked us to swim to work yet 
