Rising Petrol Prices Call For More Fuel Efficient Cars

Rising Petrol Prices Call for More Fuel Efficient Cars

 

UK petrol prices could be due to reach a record high of £1.20 per litre in the next few weeks due to the apparent rise in the price of wholesale petrol since January.

 

The AA motoring organisation has urged the Chancellor to postpone the introduction of the planned 3 pence ride in petrol duty which was due to come in at the beginning of the new fiscal year.

Petrol prices have already seen enormous increases over the past few months with the average price on the petrol forecourts being £1.16 per litre.

The previous record for petrol prices was back in 2008 when prices reached £1.19 per litre.

In some places of the country though such as London and motorway service stations, petrol prices have already reached the £1.20 mark and even above, prices are also soaring in the higher parts of the highlands and Scotland due to high distribution costs.

There seems to be a lot of confusion about the current petrol prices, with Britain’s petrol being one of the most highly taxed in Europe. Oil prices are now at $80 a barrel which is no where near the high reached in 2008 to warrant the high prices, so the question is why we are still receiving increases in fuel costs.

Many working class people are being hit hard with the inflation on petrol prices and many will simply not be able to afford to run their cars anymore. The time now seems to call for more fuel efficient cars to make those pennies stretch even further.

There are many different fuel efficient cars on the market and businesses with large fleets of vehicle would greatly benefit from switching to these vehicles. One of the best places to start looking to change your vehicle is www.windmillleasing.com

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Petrol Price Increase RM0.78, Diesel up RM1.00 on 5Jun 2008

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