Fuel Price Will Hit Record High

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Fuel Price Will Hit Record High

Postby Musicraft » Tue Mar 16, 2010 8:28 pm

Musicraft is Derby's foremost dealer for the finest specialist Hi-Fi, Home Cinema & Multimedia components/systems. So, if you would like to know more about how our products can enrich your life, then please visit us or contact Rick.

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Re: Fuel Price Will Hit Record High

Postby ben0635 » Fri May 21, 2010 4:26 pm

Asda launches petrol price war:
To take effect from tomorrow, the cut will take Asda petrol prices down to 115.9p a litre, while its diesel will drop 1p to 118.9p a litre.

Asda commercial director David Miles said: "Yet again, Asda is leading UK fuel prices down. Motorists will be relieved commodity prices are coming down and as always we are the first to reflect falling costs in our prices at the pump."

The news came as the AA said that average UK petrol prices, which reached an all-time record of 121.61p a litre last week, had stabilised for the first time since late February.

The UK price of petrol dipped to 121.54p a litre on Monday, while the average diesel price is now 122.94p a litre.

But the AA said UK fuel prices should have gone down by more, as the wholesale price of petrol in north-west European had fallen of late.

AA president Edmund King added: "The failure so far to pass on wholesale petrol price cuts is leaving hard-pressed drivers feeling short-changed at the pumps.

"Fuel is an unavoidable and essential purchase for drivers and many would prefer to see pump prices come down instead of having to go to the next town for cheaper prices or having to qualify for savings, such as spending £50 in store first."

He went on: "Last week, a co-ordinator for volunteer drivers phoned the AA to say that high fuel prices were threatening an exodus.

"She had recently been contacted by her local ambulance trust asking to borrow volunteer drivers for hospital runs because many of theirs had given up. That is why the AA asks fuel retailers to pass on savings if they can."

Regionally, Yorkshire and Humberside remains the cheapest area for petrol (120.7p a litre) and diesel (122.2p a litre) in the UK.

Northern Ireland (122.1p) and south-east England (also 122.1p) are the most expensive for petrol, while Northern Ireland drivers are also paying most for diesel (123.7p).
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Re: Fuel Price Will Hit Record High

Postby Craig » Fri May 21, 2010 9:18 pm

asda it is then! ;)
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Re: Fuel Price Will Hit Record High

Postby ben0635 » Thu May 27, 2010 11:42 am

Not for the next weeks for me.
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Re: Fuel Price Will Hit Record High

Postby ben0635 » Mon Jun 21, 2010 7:13 am

Meanwhile, the cheapest average petrol price is in Yorkshire & Humberside at 116.8p.

To give you a better idea, the table below highlights June’s average regional petrol prices, compared to May.

Region Average June price (per litre) Average May price (per litre)
Northern Ireland 118.8p 122.1p
Scotland 117.8p 121.5p
Wales 118.4p 121.6p
North East 117.1p 121p
North West 116.9p 121p
Yorkshire & Humberside 116.8p 120.7p
West Midlands 117.7p 121.7p
East Midlands 117.6p 121.4p
East Anglia 118.6p 121.7p
South East 119p 122.1p
South West 118.3p 121.6p
London 119.3p 121.8p
UK AVERAGE 118.08p 121.54p

So it’s pretty clear that if you live in the northern half of the country, you’re likely to get a better deal on your fuel than if you live in the southern half.

The table below shows you the same for diesel prices.

Region Average June price (per litre) Average May price (per litre)
Northern Ireland 121.3p 123.7p
Scotland 120.9p 123.1p
Wales 121p 123.3p
North East 120.1p 122.8p
North West 119.6p 122.3p
Yorkshire & Humberside 119.5p 122.2p
West Midlands 120.2p 123p
East Midlands 120.3p 122.8p
East Anglia 120.8p 123.2p
South East 121p 123.3p
South West 120.7p 123p
London 121p 123p
UK AVERAGE 120.52p 122.94p



This time it’s Northern Ireland that has the highest petrol price at 121.3p, closely followed by Wales, the south east and London at 121p. Again, Yorkshire & Humberside has the lowest price at 119.5p.

Keeping the costs down

If you live in one of the more expensive petrol areas, you might be pondering whether it’s time to move. But if that seems a little drastic, don’t despair because there are plenty of other ways to keep your petrol costs to a minimum. Take a look at these five tips:

Shop around

The first thing to do is to shop around. A great website to use is petrolprices.com as this will help you locate the lowest-priced fuel in your area. Simply register your details and enter your postcode. The site will then locate the lowest prices for petrol, diesel and even LPG fuel near to where you live.

If you’re still not convinced that prices can really vary that much from petrol station to petrol station, the chart below will give you some idea of just how much prices can differ:



BRAND This month (pence per litre) Last month (ppl)
Asda 114.32 117.90
BP 119.06 122.58
Esso 117.86 121.17
Jet 116.83 120.63
Morrisons 115.32 119.47
Murco 118.53 121.84
Sainsbury 116.31 120.37
Shell 117.36 120.76
Tesco 117.45 120.66
Texaco 119.01 122.22
Total 118.01 121.62
UK average 118.08 121.54

So you can see that it really can pay off to shop around!
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