Motorists face further misery this winter
By Elliot Wright, 6th January 2010
Snow won't be the only thing giving motorists a tough time this
winter as average UK petrol prices broke the £5 a gallon barrier
for the first time in over year, and are due to climb even higher,
according to the AA.
The average pump price of petrol rose to 110.04p a litre
yesterday compared to 85.99p a year ago. Diesel now costs 111.77p,
up from 98.06p last year.
The extra 24.05p-a-litre cost of petrol has added £12.02 to the
cost of a tank of petrol and a family with two petrol cars is now
paying £52.15 more a month to keep them fuelled.
A family with two petrol cars is now
paying £52.15 more a month to keep them fuelled
The soaring cost of petrol and diesel has been mainly attributed
to the price of oil, which is now above $80 a barrel. While recent
rises in fuel duty and VAT have also helped push the price of
petrol up by an average of 6.81p-a-litre.
And with the taxman set to raise fuel duty again by at least 2p
a litre in April, motorists are set for months of petrol price
misery.
Paul Watters, the AA's head of public affairs said: "The return
to 17.5% VAT on 1 January 2010 wasn't evenly applied, with some
supermarkets raising prices 2p a litre and others 3p depending on
local competition. We were impressed that some independent petrol
stations held their prices or undercut local supermarkets during
the New Year holiday.
"The fact that petrol sales by supermarkets were 1.8% down in
the third quarter of 2009 compared to the same period in 2008 while
other retailers boosted their sales 3.0% may indicate more
selective buying by cash-strapped drivers."
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