Petrol prices will fall BELOW 175p a litre this weekend – knocking £9.08 off the price of filling up compared to peak
- Petrol prices have rocketed since Putin’s invasion of Ukraine earlier this year
- Now AA reckons falling fuel wholesale costs could finally be passed to public
- Means for the first time in months the average cost for a litre will go below £1.75
Motorists are expected to finally see petrol fall further this weekend in some relief to the gathering cost of living crisis storm.
The Automobile Association says a litre could drop to below £1.75, which would knock nearly £10 off filling a tank.
Prices have already started to fall with many pumps hovering around the £1.75 mark at the middle of this week.
Luke Bosdet, the AA’s fuel price spokesman, said: ‘Lower pump prices are taking the strain off family budgets at present and that benefit should eventually double to at least 30p a litre off the peak price of petrol in July.
‘However, increases in domestic energy prices are likely to overwhelm those savings heading into the winter.
‘That is why the UK needs the fuel trade to pass on the savings as quickly as possible.
Petrol prices have rocketed this year but are now showing signs of falling at long last
Queues at a Shell garage in Taplow, near Maidenhead, Berkshire, as motorists fill up their tanks
‘The 20p-a-litre fall in diesel wholesale costs should also be contributing to lower transport costs that will hopefully roll back some of the inflation on goods and services.’
The price of fuel has fed into the cost of living crisis currently plaguing the UK.
Combined with rocketing gas costs it has manifested into a perfect storm taking money from people’s pockets.
At its worst motorists were facing £2 a litre to fill up their vehicles, often equalling a tank far exceeding a £100 a time.
This petrol pump in Hawes, North Yorkshire, has been bucking the trend but been inundated
Last month Supermarket giant Asda threatened to spark a petrol price by slashing the cost of petrol and diesel.
Those filling up their vehicles will now pay on average £1.74 for a litre of unleaded and £1.85 for diesel at 323 Asda-owned forecourts across the country.
At the time motorists and industry groups including the AA and RAC hope the decision to cut prices by 5p and 3p a litre respectively will drive costs down at the pump elsewhere.
Petrol prices have surged to consecutive record highs as drivers were told to brace for misery at the pumps following Russia’s invasion of Ukraine.
Major supermarket brands and suppliers have faced a furious public for failing to drop prices in line with falling wholesale fuel prices since the record highs of July.
Soaring fuel costs also come as a blow to families embarking on their summer staycations.
Motorists were rocked with dizzying prices last month as the average cost of a litre of fuel smashed through the 191p mark for the first time.
Consumers, already struggling with an unprecedented cost-of-living crisis, have reacted with protests that have ground parts of Britain’s major roads to a halt.
Chancellor Nadhim Zahawi has admitted ‘nothing is off the table’ amid renewed calls for cuts to fuel duty costs after his predecessor Rishi Sunak implemented a 5p a litre reduction back in March.
EXCLUSIVE: ‘We’re f*****g livid. This has been going on for WEEKS’: Fury as town is paralysed by bargain-hunting ‘out of towner’ motorists queueing at petrol station where fuel costs just £1.58 a litre
Motorists are queuing up outside of Britain’s cheapest petrol station in droves where filling your tank up is as little as £1.58 per litre – as locals in the remote Yorkshire town say they livid about bargain-hunters blocking their roads.
Dale Head Community Garage in Hawes, North Yorkshire, keeps its prices so low despite the rising cost of living as it runs as a non-for-profit community enterprise which sees any surplus get put back into the local area. It also gets a 5p-per-litre government rebate because of its isolated location.
While some are said to be delighted with the cheap fuel, with reports of people making 50-mile round trips to fill up their tanks, not everyone is happy with the influx of bargain-hunting motorists.
Local roads are being blocked by drivers queueing outside the remote Yorkshire Dales garage, with residents telling MailOnline how ‘livid’ and ‘concerned’ they are about delays on the surrounding roads in the case of an emergency.
Motorists have been making 50-mile journeys to fill up their vehicles at Dale Head Community Garage in Hawes, North Yorkshire, pictured, where it currently costs just £1.58 per litre of petrol and £1.68 for diesel
Helene Iveson-Purcival, 50, has lived in the village for 33 years and is ‘concerned’ about the queues of traffic in the village. She told MailOnline that she is f*****g livid’
Drivers were hit by a record hike in unleaded prices in June as the average cost of a litre rose by 16.6p to 191.4p.
The surge in prices, which is the highest monthly increase in records dating back to 2000, added more than £9 to the cost of filling a typical 55-litre family petrol car.
Dale Head Community Garage’s £1.58 per litre price tag means a family car can be filled up with petrol for £86.90, compared to the national average of £1.80 per litre, leaving others across the country to pay £12 more at £99 for a full tank.
The garage’s £1.68 diesel sits below the UK’s average of £1.90, meaning a fill-up would cost £92 at Dale Head compared to £104.50 elsewhere.
The Wensleydale Creamery Flagship Cheese Experience and Visitor Centre is only three minutes away from the Dale Head Community Garage
The Wensleydale Creamery is located in the Yorkshire Dales’ national park
Average diesel prices rose by 15.6p per litre, ending last month at 199.1p.
Helene Iveson-Purcival, 50, has lived in the village for 33 years and is ‘concerned’ about the queues of traffic in the village.
She told MailOnline: ‘I’m f*****g livid. Local people can’t get on with their day, it has been four weeks now. The other day, the junction was backed up for 15 minutes.
‘I live behind the petrol station, what if I need to get my children or grandchildren across the road in an emergency?
‘The petrol station was built for local people, by local people – it is not built to accommodate this.
‘We often have wagons and tractors coming down the road, but they are getting blocked. It has never ever been this bad before.’
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