While we suffer at the rising cost of fuel over the last few months, oil giants shell is laughing all the way to the bank. In the first 3 months of this year Shell profits have risen to £3.9bn. While BP saw it profits jump by 48% to £3.1bn for the same period.

In January shell reported annual profits of £13.9bn, a record for UK listed company. It really quite astonishing that petrol prices keeping rising at the rate they are, we are being held to ransom by the oil companies and this is not helped by the amount of tax the Government levies on fuel.

It doesn’t matter if you own a car or not, eventually this price will be passed on to us, by the supermarkets or by public transport companies we will not escape these risers.