Average pump prices fell by less than a penny in August ending two months of rises, says RAC Fuel Watch. The average cost of a litre of unleaded petrol dropped by just 0.39p in the month, from 135.03p at the start to 134.64p on 31 August, with diesel down by 0.72p, from 142.92p to 142.2p at the end of the month. Supermarket price reductions were similarly … [Read more...]
13 years to end of the road for filling stations?
UK petrol and diesel stations are facing extinction by 2038, according to national EV charging network Be.EV. Data it has brought together shows that the typical forecourt has been in terminal decline with numbers decreasing from roughly 40,000 in 1967 to 8,353 in 2023, which is a decrease of 75%. The decline is expected to continue as major fuel retailers … [Read more...]
Motorists fleeced out of extra £1.6 Billion in 12 months
Filling stations have pocketed an extra £1.6 Billion from motorists through overcharging on fuel, according to the latest Competition and Markets Authority. Supermarkets and roadside filling stations have steadily increased their profit take per litre and it raises questions about a possible illegal cartel operating behind the scenes with rivals reluctant … [Read more...]
Forecourts still keeping up fuel prices
Fuel prices fell for the second consecutive month but not by as much as they should have with a litre of petrol reducing by 3p and diesel by nearly 4p, shows analysis by RAC Fuel Watch. At the end of June the average price of petrol across the UK was just under 145p a litre – down from 148p at the start of the month. Diesel dropped to under 150p (150.13p) … [Read more...]
Fuel prices fall could be greater, says RAC
The average price of petrol across the UK reduced by 6p a litre in December to under 147p (146.69p), making for two consecutive monthly falls, shows data from RAC Fuel Watch. The drop means a full 55-litre tank now costs £77.32, down £3.40 in the month. Diesel also came down by 5p to 149.18p, saving almost £3 (£2.86) on a fill-up (£82.05). Unleaded is now … [Read more...]
Supermarkets cashing in during crisis, says RAC
Following news that lower fuel prices helped reduce inflation last month new RAC analysis has revealed supermarket margins on petrol and diesel have more than doubled since Russia invaded Ukraine. Prior to the start of the war in Ukraine the big four supermarkets, which dominate UK fuel retailing, were making a margin of just under 5p (4.7p) a litre on fuel … [Read more...]
Surcharges of £120 for 5.0 litres of fuel
Supermarket giant Tesco faced scrutiny when a customer discovered they’d been charged £120 after filling up at a petrol station in Manchester. The customer reportedly spent just £15 on petrol using a pay-at-pump machine but was shocked to find the extra charge on his account, which he claimed didn't get refunded back into his account for over 12 hours. And … [Read more...]
Fuel prices still a rip-off for motorists
While December saw the average price of fuel fall by 9p a litre saving drivers £5 a tank, the RAC believes drivers should have seen much bigger drops due to far lower wholesale costs. RAC Fuel Watch data shows petrol fell by 8.4p last month to 151.06p making a full 55-litre tank for a family car £4.63 cheaper (£83.08). Diesel came down by 9.4p to 173.97p … [Read more...]
Newslines 12 December
Our data shows that without advertising the fact Asda has taken an average of 4.5p off the cost of litre of unleaded across its 320 sites and around 5.5p off diesel, said RAC fuel spokesman Simon Williams. “While we’re pleased one major supermarket retailer has finally started heeding our calls to pass on the enormous drop in the wholesale prices of both … [Read more...]
Supermarkets profiteering with fuel prices, claim RAC
Amid the worst cost-of-living crisis in four decades drivers are being denied cheaper fuel by the UK’s biggest retailers refusing to lower their forecourt prices to reflect far lower wholesale costs claims the latest RAC Fuel Watch report. In a shocking example of ‘rocket and feather’ pricing RAC Fuel Watch data shows supermarkets are currently enjoying … [Read more...]
