Diesel hits £6 a gallon

By

The average price for a litre of diesel in the UK has broken the £6 a gallon mark for the first time – the equivalent to 131.9p – according to data from PetrolPrices.com. Scotland currently has the highest average price for diesel at 132.8p, followed by Wales at 132.5p, then Northern Ireland at 132.0p. Only England is below the landmark figure, at 131.6p

Across the UK 4400 stations out of 7505 (59%) are selling diesel at 131.9p or above.

The UK average for both unleaded and diesel is at a record high today, following a 3 month period where prices have broken records almost every day. Unleaded currently stands at 118.6p, making it on average around 13p cheaper than diesel.

The average price of diesel in the UK has increased by 24p since the beginning of the year, or 22%. The price of diesel hit £5 a gallon for the first time in January this year.

The highest prices in the UK are nudging ever closer to '£1.50 a litre by September' prediction made by PetrolPrices.com, with the most expensive diesel in the country costing 145.9p, and the most expensive unleaded costing 129.9p. The cheapest costs 113.9 and 126.9 for unleaded and diesel respectively.

"£6 a gallon is yet another landmark price that highlights just how much diesel prices have risen in such a short space of time. As record oil prices push up the cost of unleaded and diesel drivers are looking for more fuel efficient ways to get around. Diesel is typically more economical so many are switching to diesel cars, but this increases the demand and appears to be pushing the price up even further. The break even point for diesel cars is being pushed further back, and there may come a time where diesel no longer makes financial sense.

"The government can't be held responsible for supply and demand in the energy markets, but they do have the power to ease the financial burden on those who use diesel by cutting tax on fuel. We rely on diesel lorries to transport essential goods around the country, and the world, so surely a tax cut for diesel vehicles would be good for the economy? Tax on both petrol and diesel in the UK is extortionate, and as world markets change it becomes clear that policies that might have made economic sense 10 years ago are in desperate need of an overhaul." ~ Brendan Mcloughlin, Founder, PetrolPrices.com


Categories: Petrol Prices.com

Europcar go Green with Charter Europcar appoints Catriona Lougher to spearhead UK relaunch

See Also

Leave a Comment...

Fleet Voice Column

Cars are going to get more connected; you better get used to it

Whether you like it or not, think it’s common sense or Big Brother encroaching too far into the car, we will see E-call become standard fit in all new cars and light commercial vehicles from October 2015 across Europe. E-call…

Higher speeding fines should be accompanied by real policing

It was only last week this column was making the point that UK maximum speed limits are seriously out of kilter with the modern world we live and drive in. It seems the government must be avid readers as this week we have…

Extreme speeding offences prove that our 70mph blanket limit is outdated

The highest speed recorded by police in England and Wales in the year from April 2014 and April 2014 was 149mph. There’s no two ways about it, that is very fast and the motorist clocked at this speed on a section of the…

How can fleets whip their employees into the perfect company car drivers?

What’s the fastest car in the world? A hire car. It’s an oldie goldie, but also one that rings true when it comes to company vehicles. Many company car drivers simply don’t give two hoots for the vehicle they are driving…

Could Nissan’s new Golf rival be a Qashqai-sized success?

So, Nissan is to re-enter the small hatch sector with its Pulsar, revealed today and set to arrive in the autumn of this year. This is a significant event as it marks the end of the Qashqai’s run as the mainstream small…