Petrol stations unveil the ‘shocking’ amount of money they make from fuel sales
Petrol prices: Diesel drivers are being ‘ripped off’ says Fair Fuel UK
We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info
Petrol and diesel prices have hit record highs this month with drivers now expected to pay 183.16p for a litre of petrol and 188.82p for a litre of diesel. According to the latest RAC Fuel Watch, both prices are still likely to rise.
The cost of filling up an average 55-litre family car went above £100 for the first time ever last week.
And, the crisis is not showing any signs of slowing down.
Several motorists reported that they even spotted some filling stations asking for over £2 for a litre of fuel.
With that in mind, drivers started questioning how much profit petrol stations make during the crisis.
To their surprise, however, the amount is very small.
One petrol station in Wales shared insight on their profits on Facebook.
The Brian Llewelyn A’i Ferched garage at Eglwyswrw, Pembrokeshire, posted on Facebook about an exchange with a customer who refused to pay for fuel costing £193.9p per litre.
The post read: “Tonight we had one customer turn up after we had put the pole signs off, as we were closing.
Cyclist only gets a warning after jumping a red light [SHOCKING]
Elderly driver has car stolen twice in 24 hours on his birthday [INSIGHT]
Russia mocked over unveiling of sanction-busting Lada Granta [REVEAL]
“This person pulled up to the pump, saw it was 193.9p per litre.
“They came into the shop and said, ‘I was going to put fuel in but not at that price.’
“I said, ‘I’m sorry, but it’s not my fault’.
“For everyone that is thinking that it is the petrol forecourt themselves that are making the money at the moment, here’s a quick breakdown of how little forecourts actually make from the price of fuel.”
Book your MOT with the UK’s #1 MOT tester – just click the link to book online.
The business owner then explained that a £100 sale of diesel at 193.9p per litre accounted for 51.57 litres of diesel.
The petrol station makes a 4p-per-litre profit meaning that it will only receive £2.06 from that particular sale.
On top of that, if the transaction is carried out via a credit card, another £1.69 is charged by the firm providing the services.
This, in turn, leaves the petrol stations with a 37p profit.
And, that’s before taking into consideration things such as electricity costs, maintenance, and wages.
A similar rundown was shared by the Gulf Tanerdy Garage, a family-run petrol station on the edge of Carmarthen, Wales.
The filling station also took to Facebook to explain the situation to customers.
It said: “Whilst as a local business we totally understand the frustrations with all the price increases, ESPECIALLY the fuel that helps you get to and from, we have given you an honest breakdown of your spend on petrol/diesel.
“Of £50 that you spend on fuel at Tanerdy or Gwalia this week we forward the following: Tax (fuel duty): £13.94. Tax (VAT): £8.33. Gulf: £26.35.
“Total £48.62. We keep £1.38 to pay rates, energy costs, wages, national insurance, pension contributions etc.”
Several motorists have taken to social media to express their shock at the revelation.
One wrote: “This is shocking. I thought it would have been much more.”
Another added: “Wow. You learn something new every day.”
Source: Read Full Article