End stage monopoly when that one annoying fecker has 3 houses on Mayfair.
Spikey101 on
Oh so it turns out all the garages are just ramping up prices, what a surprise.
Edit – Jesus Christ people get so mad. When I flippantly said garages I meant all the different oil suppliers to the garages. Any one of them could have stayed at the same profit level to leave the pump prices lower, but they all chose to raise prices and hence profits.
XenorVernix on
Predictable as a clock.
Now the banks and everyone else can have a big pay day too as they increase our mortgage rates and grocery prices as a result of this inflation.
[deleted] on
[deleted]
Southern_Shirt8487 on
Just remind people of this when they bang on about opening up new north sea oil yeah? The profits are for them, not you plebs 🤦♂️
Unusual_Sherbert2671 on
Just like during covid, it’s all bollocks, they just taking the piss with the prices
eig10122 on
Oil companies thrive off war. Look at trump and Venezuela – openly admitting they are taking oil. Our companies are no different. The ceos glee and rub their hands at the notion of people dying in war.
FrostingGrand1413 on
Hey, remember that time we called our buddies in the US to come help is coup the fledging democracy of Iran because the Mossadegh government was trying to nationalise the Anglo-Iranian oil company?
Guess what they rebranded to!
Signal_Profession_83 on
So how have they doubled their already ridiculous profits if they haven’t been exploiting people?
Helpful-Juggernaut33 on
So there was no need to raise the prices then. This should be a national scandal.
EasySwordfish862 on
The government is making more than the oil companies in fuel taxes – for doing exactly nothing- at least the oil companies take the risk and pay for the extraction and distribution
sbs1138 on
Double the profits should equal double the tax.
But it won’t
propostor on
lol all the people claiming “they’re raising prices because that’s how fuel economics works!!!!!!”
Pro-capitalism feudal serf sycophants never change.
NewPower_Soul on
I would’ve thought higher prices meant that any shortage of oil would be offset by the higher price? But, no.. they’re just price gouging.
LateToTheParty013 on
These are rage bait news. Who would had thought that companies who apply their margins and sell products over would have more profit if the base price of the product increases.
We have a lot of problems, big petrol price is a problem too, but this news is business as usual 🤷♂️
Personal-Cucumber-49 on
Theres no profit it peace boys, so we’re gunna fight some more!
LordvaderUK on
Thank god. Won’t someone please think of the oil companies.
CarlMacko on
BP garages are always consistently about 10-15p per litre more expensive than other garages.
I’ll always actively avoid them.
rezzmeh on
That’s what I couldn’t understand, if there was a shortage why was petrol not rationed by the government instead of prices increasing. It’s like during covid oil companies had record profits. So no matter what happens they win? Catastrophes are good business
19 commenti
Gotta love capitalism.
End stage monopoly when that one annoying fecker has 3 houses on Mayfair.
Oh so it turns out all the garages are just ramping up prices, what a surprise.
Edit – Jesus Christ people get so mad. When I flippantly said garages I meant all the different oil suppliers to the garages. Any one of them could have stayed at the same profit level to leave the pump prices lower, but they all chose to raise prices and hence profits.
Predictable as a clock.
Now the banks and everyone else can have a big pay day too as they increase our mortgage rates and grocery prices as a result of this inflation.
[deleted]
Just remind people of this when they bang on about opening up new north sea oil yeah? The profits are for them, not you plebs 🤦♂️
Just like during covid, it’s all bollocks, they just taking the piss with the prices
Oil companies thrive off war. Look at trump and Venezuela – openly admitting they are taking oil. Our companies are no different. The ceos glee and rub their hands at the notion of people dying in war.
Hey, remember that time we called our buddies in the US to come help is coup the fledging democracy of Iran because the Mossadegh government was trying to nationalise the Anglo-Iranian oil company?
Guess what they rebranded to!
So how have they doubled their already ridiculous profits if they haven’t been exploiting people?
So there was no need to raise the prices then. This should be a national scandal.
The government is making more than the oil companies in fuel taxes – for doing exactly nothing- at least the oil companies take the risk and pay for the extraction and distribution
Double the profits should equal double the tax.
But it won’t
lol all the people claiming “they’re raising prices because that’s how fuel economics works!!!!!!”
Pro-capitalism feudal serf sycophants never change.
I would’ve thought higher prices meant that any shortage of oil would be offset by the higher price? But, no.. they’re just price gouging.
These are rage bait news. Who would had thought that companies who apply their margins and sell products over would have more profit if the base price of the product increases.
We have a lot of problems, big petrol price is a problem too, but this news is business as usual 🤷♂️
Theres no profit it peace boys, so we’re gunna fight some more!
Thank god. Won’t someone please think of the oil companies.
BP garages are always consistently about 10-15p per litre more expensive than other garages.
I’ll always actively avoid them.
That’s what I couldn’t understand, if there was a shortage why was petrol not rationed by the government instead of prices increasing. It’s like during covid oil companies had record profits. So no matter what happens they win? Catastrophes are good business