Manx Petroleum CEO says profit margins stay the same all year round
Manx fuel companies profiteering during TT is a 'fallacy', according to the CEO of Manx Petroleum.
With petrol and diesel prices at such a high, some are concerned that the festival will raise the costs further.
But Richard Gelder says their profit margins stay the same all year round, and its other factors that impact the price:
Fuel costs 'likely to rise' amid Middle East conflict
Chief minister issues update after extraordinary Economy and National Strategy Board meeting
Ramsey Commissioners redacted information 'without justification' in FoI response
Information Commissioner found delayed replies and inconsistencies
Death of MGP competitor deemed accidental by inquest
Louis O'Regan sustained fatal injuries in incident at Kate's Cottage
Flooding caused by 'sealed off' gulley, says Douglas Council
Brown water built up on Castle Street amid heavy rain
Sailings delayed after adverse weather affects Manxman crossing
Heysham departure pushed back amid disruption