Fair Fuel UK have revealed that EU competition authorities have
‘raided’ some of the offices of Oil companies and offices that contain
Oil price information on the suspicion that the figures have been
manipulated.
The EU investigation is trying to analyse whether we have been ripped
off for fuel over the years or not. The much anticipated result of
this investigation is still unknown but it shows the urgency for the
truth in how the Oil market is run. If it is uncovered that Oil
companies have been fabricating fuel prices then it will result in a
huge scandal as the banks will need to fix the LIBOR interest rate.
FFUK have been recently campaigning to stop the increase and promote a
decrease of the price of fuel duty. The campaign is supported by over
365,000 members of the public and business such as the RHA and FTA.
For more information as the investigation unfolds visit FairFuelUK/Quentins Blog.
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