Average UK petrol prices have surpassed 148p for the first time, according to new figures.
Meanwhile, the cost of diesel has also increased to a new record high of 151.57p per litre, which it struck last week.Follow InYourArea's Facebook page for the latest national headlines Prices have soared on the back of wholesale fuel prices, which have jumped amid a resurgence in demand following the reopening of global economies, but have also been spurred in recent days by concerns that Russian tensions could have an impact on supply.
“With the oil price teetering on the brink of 100 dollars a barrel and retailers keen to pass on the increase in wholesale fuel quickly, new records could now be set on a daily basis in the coming weeks.
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Petrol and diesel prices reach new record highThe price of fuel at the pump has risen with petrol at 148.02p a litre and diesel at 151.57p. Renewables need to continually be grown, but in the mean time we need to increase new reserves of gas and oil to bring to price down. Even more revenue for RishiSunak and the oil companies. Even more pain for the rest of us nobody ever defines exactly why the prices have shot up. Is it the pent-up demand after Covid, or tensions over Russia-Ukraine? I'm starting to side with the conspiracy theorists that there is a cabal setting high prices and exploiting the worlds crises for their own gain!
Source: BBCNews - 🏆 3. / 97 Read more »
Petrol and diesel prices reach new record highThe price of fuel at the pump has risen with petrol at 148.02p a litre and diesel at 151.57p. Renewables need to continually be grown, but in the mean time we need to increase new reserves of gas and oil to bring to price down. Even more revenue for RishiSunak and the oil companies. Even more pain for the rest of us nobody ever defines exactly why the prices have shot up. Is it the pent-up demand after Covid, or tensions over Russia-Ukraine? I'm starting to side with the conspiracy theorists that there is a cabal setting high prices and exploiting the worlds crises for their own gain!
Source: BBCNews - 🏆 3. / 97 Read more »
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