Gasoline prices fell below 150 pence a liter for the first time in more than 10 months. According to Experian, the price of a liter of gasoline at UK shipyards on Monday was 149.7 pence.
The nearly 42 pence cut from 191.5 pence last July is a "huge relief for motorists," the AA said. Gasoline prices were last below 150 cents a liter on February 24 last year, when Russia launched a full-scale invasion of Ukraine.
Oil prices on Monday stood at 172.2 pence per litre, down 27 cents from a peak of 199.1 pence last July. The 12-month fuel tax of 5p per liter starts March 23, 2022, equating to a savings of 6p including VAT.
AA fuel price spokesman Luke Bosdet said: “The £41.8 per liter increase in the average gas price per liter is a huge relief for motorists as the average car tank costs £22.99, which would save £150p in fuel. per litre. a record high of 142.48 pence since April 2012. An all-time high previously set for outrageous pump prices.
“Worse still, road fuel is expected to rise by six points in March when the cut in fuel duties ends. This points to pricing chaos at petrol stations in the UK and the exploitation of motorists by many petrol retailers, an AA junk supermarket and non-motorists. - Supermarket retailers in South Wales and Northern Ireland They charged less than 140p a liter yesterday.
“How gas stations can charge more than 10p for fuel in densely populated and crowded areas is a matter for the Competition and Markets Authority in rural England. AA expects Se 2023. Fuel price transparency reflects control over fuel prices in Northern Ireland. Year Changes will lead drivers to retailers that charge fair prices and restore levels of competition that existed before the Covid pandemic.
A supermarket and an independent retailer in Milford Haven in Pembrokeshire paid 139.9p and 139.7p respectively for petrol and 162.9p and 162.7p for diesel on Monday, AA reported.
