Cut In The Cost Of Petrol From Today!
Fall In Petrol Prices For The Bank Holiday Weekend
“Not before time although it is still very expensive and we could all do with even further price reductions” says Greengates Builders Merchants Accrington, Lancashire.
Asda has sparked a new petrol price war by cutting its pump prices by up to 2p a litre just in time for the Bank Holiday getaway.
Rivals Sainsbury and Tesco immediately matched the 2p per litre drop in a move that will force competing oil giants with nearby filling stations to follow suit.
The move means Asda's fuel prices have come down by 4p a litre over the last three weeks
From today, drivers filling up at any of Asda's 195 forecourts nationwide will pay no more than 136.7p a litre for petrol and 141.7p a litre for diesel.
‘It's been a tough year for motorists but today's latest move shows that Asda is once again leading the way in reducing the price at the pump.' said Asda's petrol trading director Andy Peake.
Sainsbury's have said it too would be cutting its petrol and diesel prices in many of it’s stores by up to 2p a litre from tomorrow.
Tesco said it would also be cutting it’s fuel by 2p per litre.
The pump price cuts come as an RAC poll shows that nearly a third (29 per cent) of motorists admit they have reduced the number of long distance journeys they’ve made in the past 12 months as a result of soaring fuel prices.
AA spokesman Paul Watters said: 'About time too. Wholesale and oil prices have been moving down. The oil giants like BP and Shell should follow the supermarkets. We should see average prices across the board coming down.'
Fuel prices have increased by up to 48 per cent since 2009. The average price of petrol is still more than 141p a litre, meaning it costs the average driver around £78 to fill a 55 litre tank.
Diesel averages more than 147p a litre, leaving the driver of an average car with a 55 litre tank facing a bill of £80 to fill up – 43 per cent higher than in April 2009.
“Any cut to the cost of fuel has to be good” says Greengates Builders Merchants Accrington, Lancashire.