Why can't they just leave us alone?

[xoggoth]

Government could learn a lot from the mafia. I bet you lot wouldn't be fiddling your taxes half as much if HMRC used concrete overshoes.

[Troll]

BP and Shell are being investigated over allegations that they have fixed petrol prices for more than a decade.
European Commission investigators raided the offices of several major oil companies yesterday as they launched a far-reaching probe into price manipulation.
They fear prices have been driven up at the pumps for millions of motorists. The AA responded to news of the swoop by declaring: ‘The lid is about to be blown off.’

Some lobbyists not been doing their jobs?

[tractor]

..

What do these people think OPEC is?

[MarillionFan]

It's not just the petrol at the pump. If you manipulate oil price at the source, you inflate the whole supply chain. This is way bigger than the Libor scandal.

They all do that. If the price drops mining / oil companies curb back a little. If demand rises they up production. Hardly price fixing, simple supply and demand

[bless 'em all]

If they have inflated the prices artificially then they'll get found out - they'll get a massive fine - it won't get divvied up and paid out to us - it'll get pi55ed up the wall by Dave and his euro mates.

[original PM]

nothing new here

a company has applied slightly dubious practices to increase profit

and as usually they are morally bankrupt

[DimPrawn]

It's not just the petrol at the pump. If you manipulate oil price at the source, you inflate the whole supply chain. This is way bigger than the Libor scandal.

If it involves bankers, the only action taken will be they get a bigger bonus.

HTH BIDI

[petergriffin]

https://www.youtube.com/watch?v=Asfw8-fzlFg

[petergriffin]

It's not just the petrol at the pump. If you manipulate oil price at the source, you inflate the whole supply chain. This is way bigger than the Libor scandal.

[DimPrawn]

Almost all of the cost of petrol and diesel is duty/VAT (tax) so it makes very little difference.

[petergriffin]

Shell and BP raided in probe into petrol price fixing: Oil firms investigated over claims they manipulated cost for more than a decade | Mail Online

BP and Shell are being investigated over allegations that they have fixed petrol prices for more than a decade.
European Commission investigators raided the offices of several major oil companies yesterday as they launched a far-reaching probe into price manipulation.
They fear prices have been driven up at the pumps for millions of motorists. The AA responded to news of the swoop by declaring: ‘The lid is about to be blown off.’

The Brussels bureaucrats won't accept the idea that fraud and market rigging is part and parcel of the British economy.