UK petrol prices reach record highs

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Prices at British petrol pumps reached an all-time high yesterday, while diesel is still a little short of its previous record, new data shows

The average UK price of petrol hit 142.94p a litre, beating the former record, set in April 2012, by 0.46p.AA fuel price spokesman Luke Bosdet said: "Whether it's down to oil producers, market speculators, Treasury taxes or struggling retailers trying to balance their margins, record pump prices must be saying to drivers with the means that it is time to make the switch to electric.

"As for poorer motorists, many of them now facing daily charges to drive in cities, there is no escape. It's a return to cutting back on other consumer spending, perhaps even heating or food, to keep the car that gets them to work on the road."Oil prices have soared since the beginning of the year from around 50 dollars per barrel in January to 85 dollars at present.

RAC fuel spokesman Simon Williams warned that if the oil price reaches as high as 100 dollars, the price of petrol could go up to as much as 150p a litre.

 

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Why does petrol and diesel always feels the effect of price increase it always goes up because people caint do anything about it only pay it its not fair

We’ve a pack of Wolves pulling our car share around the village..

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£1.34 for petrol and £1.41 for diesel in NI €1.64 for diesel and €1.76 for petrol in Cavan rep of Ireland

Its very high here too.

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