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Reducing Petrol/Diesel Prices

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ChrisW:
Interesting reading
http://www.breakthechain.org/exclusives/exxon.html

thermidorthelobster:
There are many problems with this idea, one of the most fundamental being that

most of the cost of fuel is tax - about 80%.

So the retailers aren't the people you need to speak to, it's the government.

In Iran, petrol is 2p/litre, and diesel is 0.5p/litre, so don't assume the oil companies are making so much money out of retailing fuel.  If you speak to an independent fuel retailer (before they all go out of business) you'll learn just how little they make on selling the product;  the wholesalers are making more, but it's the government which is taking most of the cash.

There are other reasons this wouldn't work, including that if Esso and BP drop their prices, nobody in their right mind would follow suit, because they're still selling fuel.  Sorry, but...

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