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Safir Ahmed
WION
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Comments by "Safir Ahmed" (@safirahmed) on "UK orders review of fuel markets as fuel pump prices surge | World Latest English News | WION" video.
Fox Business has a video interview with US oil billionaire John Catsimatidis who say the US has 100 years of oil reserves. Bloomberg reports that the UK is sending billions of litres of petrol to the US. The UK has petrol (gasoline) prices averaging (according to RAC) at around GBP £1.80 per litre or USD $2.21 per litre or GBP £6.81 per US Gallon the equivalent of USD $8.38 per gallon including UK taxes. The US could use some of it's vast oil reserves to reduce its prices and the UK could stop sending oil to the US and lower petrol prices in the UK.
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