Gasoline prices jumped nearly 6 pence a liter in the UK’s front yard to a new record during the anniversary week, with drivers warning they could exceed 180 pence this week.
The RAC called for radical government intervention after data firm Experian Catalist showed that the average price of a liter of gasoline reached a record 177.9 pence on Sunday, compared to 172.1 pence on May 27.
This means that refueling a typical 55-liter family car with petrol has been around £ 3 more expensive during the week, which was half a semester for almost all schools in England and Wales. Diesel prices rose from 182.7 liters per year to a record 185.0 liters per year over the same period.
RAC spokesman for fuel, Simon Williams, has called for more action from the government following a 5 pence reduction in fuel tariffs introduced in March.
“A liter of unleaded is now a frightening 177.88 pence, while diesel is 185 pence, an increase of 2 pence this month. With oil above $ 120 a barrel and still $ 1.2, the worst is yet to come, “he said.
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“Unfortunately, we expect to see the average price of petrol exceed 180 pence this week, with diesel moving another 190 pence. More radical government intervention is urgently needed, whether in the form of a further reduction in the fuel duty or a reduction in VAT. As such, drivers will certainly not be able to cope unless something is done to help.
“This is fast becoming a national crisis for the country’s 32 million car drivers, as well as for countless businesses.
AA Fuel Price Spokesman Luke Bosdet said: “Shock and awe are the only ways to describe what happened to the pump during the half-term break. No wonder nearly half of the drivers stayed home for the anniversary extended banking holiday.
“Behind the jump, oil is jumping back above $ 120 a barrel for the first time since the end of March, combined with gasoline prices, which are rising from summer demand for cars.
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