Cameron Forecourt Remarks on Continued Fuel Price Problems Thursday 6 November 2014 PDF Print Good fuel management systems will even provide you with analytics on your fuel expenditure, giving you opportunities to reduce wasted fuel. Fuel management specialists, Cameron Forecourt, have recently responded to the developing news that petrol resellers are slow to reduce prices when they purchase at a low cost, but quick to raise prices when faced with increases themselves. According to an article that was published in the Telegraph on the 9th of September, 2014, British motorists are continually unhappy with pump prices and providers’ hesitance at dropping prices when they have purchased oil at a reduced cost. Owners of diesel fuelled cars are even unhappier regarding the problem at the pumps, claiming that the cost of their fuel is 1.5p dearer than necessary. The article suggests that despite wholesale prices saving providers a lot of money, the providers are slow to pass on these savings to the public, yet quite quick to increase prices once the wholesale prices rise. Pricing of petrol and crude oil are intrinsically connected and now that crude oil is at a nine-month low, retailers are able to purchase petrol at a lower cost – yet the prices displayed at the pumps seem to be delayed. One industry has suggested that the delay between retailers receiving savings and it being passed on to drivers is 42 days, whilst the AA has suggested it’s at the very least ten days. As leading providers of fuel management solutions, Cameron Forecourt takes a keen interest in how the fuel market works and grows. A representative from the company responded to the news: ‘For companies that use a lot of vehicles or travel a lot an investment in fuel management systems can quickly pay off – you are able to attain fuel at lower, wholesale prices and you aren’t depending on other retailers to drop prices on time. If you’re saving the amount of money that each retailer makes on every transaction you are soon able to make your money back on your investment and start making money back. Good fuel management systems will even provide you with analytics on your fuel expenditure, giving you opportunities to reduce wasted fuel.’ Cameron Forecourt is the UK’s leading fuelling solutions specialists. Founded in 1980, the company is a well-established name in the fuel management industry. Highly respected in their field, the team specialise in the supply, installation and maintenance of fuel tanks, diesel tanks, fuel pumps, diesel pumps, fuel management systems, tank gauging systems and associated pump control systems to both the commercial and retail sectors. The firm is privately owned, employing approximately 40 service and installation engineers strategically placed throughout the country. This press release was distributed by ResponseSource Press Release Wire on behalf of Cameron Forecourt in the following categories: Motoring, Manufacturing, Engineering & Energy, Transport & Logistics, for more information visit http://pressreleasewire.responsesource.com/about.