Fury as fuel retailers ‘use General Election as a distraction to keep petrol and diesel prices high’

FUEL retailers are using the General Election as a distraction to keep prices high, campaigners have warned.

Britain now has the most expensive diesel costs in Europe, figures reveal.

Fury as fuel retailers are ‘using General Election as a distraction to keep petrol and diesel prices high’Credit: Getty

And motoring organisation the RAC says pump prices are “far higher than they should be”, because wholesale fuel costs have been tumbling since April.

The average price of a litre of petrol is 146.3p, which is “5p more expensive than it should be”, the group said.

Northern Ireland is charging 141.1p.

Meanwhile diesel has hit an average 151.5p — the costliest in the continent for seven weeks and well above Northern Ireland’s 141.9p.

RAC figures show retailers’ margins — the differences between what they paid for fuel and the price they charge — are 14p per litre for petrol and 16p for diesel.

Until the election was called, ministers were pressuring retailers to pass on lower wholesale costs to consumers by giving the watchdog more powers.

But RAC head of policy Simon Williams said: “Drivers across the UK — with the exception of those in Northern Ireland — are losing several pounds every time they fill up. There’s no good reason for retailers not cutting prices. We can only think they’re hoping no one will notice due to the distraction of the General Election.”

The Sun’s Keep It Down campaign has secured fuel duty freezes for the past 14 years.

And last week, Shadow Health Secretary Wes Streeting all-but confirmed Labour would continue to hold rates if elected.

Ways to cut down on your fuel costs

HERE are some tips on how you can slash the cost of fuel.

  1. Make your car more fuel-efficient. You can do this by keeping your tyres inflated, taking the roof rack off, emptying your car of clutter and turning off your air con when driving at lower speeds.
  2. Find the cheapest fuel prices. PetrolPrices.com and Confused.com allows you to search prices of UK petrol stations. All you need to do is enter in your postcode and tell it how far you want to travel (up to 20 miles).
  3. Drive more efficiently. Some ways to do this, include:
  • Accelerate gradually without over-revving
  • Always drive on the highest possible gear
  • If you can, allow your car to slow down naturally as your brake is a money burner
  • Re-starting your car is expensive, if you can keep moving

ASDA can no longer claim to be the cheapest fuel retailer — after choosing to rake in bigger profits.

Reference

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