Are Fuel Companies Taking The P*ss?

We ask an expert


Article heading image for Are Fuel Companies Taking The P*ss?

Currently, right now, fuel prices absolutely suck.

The question Pete, Matt and Kymba had for Motley Fool Money's Scott Phillips, is basically, are the fuel companies taking the piss with this fuel price nonsense.

LISTEN:

"We know the games that they play.... frankly, a bit like banks' interest rates, when rates go up they pass them on straight away, when they come down they're slow to pass it on,

"That's true with petrol as well... But overall, if you look at their finances they're not making so much money you're thinking 'hey, got ya, there's evidence of us being screwed.

"It's relatively legitimate, put it that way."

How is it affecting you? Let us know on the socials.

@dantheinternut

19 May 2022

Article by:

@dantheinternut




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