Petrol prices fall to lowest level since mid-May

The highest average fuel prices for the year so far were recorded on July 4, when petrol was 191.6p per litre and diesel was 199.2p per litre.

AA fuel price spokesman Luke Bosdet said: "Although the fall in pump prices has slowed in recent weeks, they continue to trickle down steadily. RAC fuel spokesman Simon Williams said: "While this is clearly good news, prices should have fallen much further than they have due to the big reduction in the cost of wholesale fuel this summer.

"Average margins are now 19p a litre - 12p more than the long-term average. Petrol should really be on sale for 153p a litre and diesel 175p.Despite the fall in prices, a new survey indicates that 50% of UK drivers are cutting back their car usage to save money.

When field prices reached thier peak everyone was comparing field prices with 5 years ago and were told it's because the pound was strong then why when the pound is at a 40 year low fuel prices are coming down ?

Profiteering at all time high. No changes round here. Greed is the new normal.

Where?

It’s still very high, it should be 94p a litre

But still more expensive than a few months ago.

So if, like a I keep reading, price increases are due to corporate greed, then a fall in price must be due to corporate generosity! Thanks petrochemicals industry 👌

Great news.

Until next week obv

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