Price at the Pump

The negative divergence between the oil price and what you pay at the pump is becoming more pronounced.

Two points here. It's rather unusual for the supermarkets not to be more competitive so are they perhaps under pressure from Westminster to hold prices high to maintain tax revenue? Secondly, the oil price down here would have made an interesting start to Scottish Independance if the vote had gone the other way given the SNP's sums were predicated on a much higher oil price. The oil industry is typically very sensitive to the price; job losses and reduced capex are simply inevitable as deflation continues to pulse through western economies.