Friday, 14 May 2010

Fresh Profiteering Row as Petrol Prices Hit New Record High

THE TELEGRAPH: Petrol prices have hit a new record high, despite a fall in the wholesale cost paid by super-markets and forecourts, triggering fresh accusations of profiteering.

According to the AA, motorists are now paying 121.61 pence for a litre of unleaded, compared to 109.88 on January 1. This has added just under £6 to the cost of filling an average car such as a Vauxhall Astra.

Diesel has risen from 111.52p at the start of January to 123.03p now, a rise of more than 11 pence.

While British motorists have seen no end in sight to the inexorable rise in pump prices, their counterparts on the continent have seen the cost of filling a car fall by as much as two per cent over the last week. Read more about the rip-off >>> David Millward, Transport Editor | Friday, May 14, 2010