El Diablo Rojo 52 wrote:How are oil prices falling now? More fields being found or the oil companies being nice?
"The solution to high prices is high prices."
People use less petrol when the price is more expensive because they can't afford to. Causes a drop in demand whilst the supply remains steady meaning the price drops to reflect this. The free market at work.
Of course the simplest way to get prices down in UK petrol stations is to take away a big chunk of the fuel duty tax but Labour would never do that as they love to spend spend spend and can't really cut taxes anywhere, at least not without raising them somewhere else.