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Oil prices tumbling but petrol not coming down
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Takes a while to work through the system but unfortunately the £ has fallen quite sharply against the $. So hopefully we will see further price cuts coming through the system but +/-10% of it is currency related.0
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Looking at this graph http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/currency/11/12/twelve_month.stm
and this http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/commodities/28696/twelve_month.stm
Shows that your approx $80 oil cost £40 last year but today costs £470
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