Profpointy
Legendary Member
The reason why petrol stations are closing has nothing to do with the demand for fuel. Like alcohol, pubs have closed for other reasons than demand. Fuel and alcohol are still highly desirable.
However, in the case of pubs they have closed by the dozen every day as a direct result of folk being able to buy inexpensive booze from Bargain Booze and the like as well as Supermarkets COVID hasn`t done them any favours either!
In relation to petrol stations, the tax paid on fuel is such that the only way they can make money is from selling food, drinks and all those rubbish gifts and gadgets they have. Unfortunately for them people can also buy that kind of stuff for a fraction of the cost from the same supermarkets where the cheap fuel can be had.
This would happen under whatever political party was running the country because fuel prices and taxes will not come down!
The tax paid on fuel has little bearing surely as it's passed on to the end-customer and the end-customer-price is dictated by supply and demand. If they took off all tax the profit or lack of it would arguably not change that much
This was the argument used by the haulage industry - seemingly thinking they'd have more money if fuel were cheaper without considering the obvious point that their competitors were all paying the same tax on fuel