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Dear Mr ************
Justin King
Chief Executive
Thank you for your reply a few weeks ago.
Since your last response, oil prices have remained roughly at the level at when I first contacted you. Also, the past few weeks and days have seen a further significant drop in the cost of oil, while the exchange rates have also remained relatively steady. So my question again is why is it that now oil is roughly $23-$25 lower than a couple of months ago, these lower commodity prices are not reflected at the pumps?
I have contacted you again because you have been the only major supermarket to bother to respond to me, so I have more confidence that you will respond to this email.
I again repeat my sentiment that supermarkets are quick to raise their prices when oil shoots up, but are incredibly slow when prices fall. Over the past 6 weeks I have seen only 1p per litre come off the price of petrol, yet the lower cost in oil should have meant a more significant reduction. The public can’t help but feel that the petrol retailers and supermarkets operate in a cartel, looking to make as much profit as possible out of a tough situation.
I urge you to take action and rectify the situation. The public are more aware than ever how the oil price relates to the petrol price.
I look forward to hearing from you soon.
Regards