Fuel Prices Soar to 18-Month High, Impacting Millions of Drivers
Petrol and diesel prices have skyrocketed to their highest levels in 18 months, delivering a significant blow to millions of drivers across the UK. According to new data from the RAC, the average price of unleaded petrol has risen sharply to 140.6p per litre. This marks a substantial six per cent increase, equating to almost 8p per litre, since the end of February.
Diesel Prices Climb Even More Sharply
Diesel prices have experienced an even more dramatic surge, climbing to an average of 159.2p per litre. This represents a 12 per cent increase compared to just two weeks ago, reaching the highest price point observed since November 2023. The rapid escalation in fuel costs is placing additional financial strain on households, particularly those reliant on vehicles for daily commuting and essential travel.
RAC Warns of Growing Financial Pressure on Households
Simon Williams, head of policy at the RAC, highlighted the severe impact of these price hikes. He stated, "Households, especially those that depend on the car, are under increasing financial pressure as a result of the conflict in the Gulf." Williams further emphasized that drivers deserve fair treatment when filling up their vehicles, especially as pump prices continue to trend upward.
Controversy Erupts Over Alleged Profiteering and Abuse
The surge in fuel prices has ignited a heated dispute between the petrol station industry and the Labour Party government. The Petrol Retailers Association (PRA) has accused ministers of using "inflammatory language" to describe rising pump prices, which they claim may have incited abuse against forecourt staff. Ministers had suggested that forecourts might be engaging in "price gouging" and "ripping off" motorists amid global oil market volatility driven by the war in Iran.
Gordon Balmer, the PRA’s executive director, reported that this "incorrect and inflammatory" language has led to recent incidents of retail staff being abused by members of the public. He argued that terms like "rip-offs" and "profiteering" could have provoked such behavior. Balmer defended the industry, noting that members are operating on razor-thin or negative margins, often losing money while ensuring fuel availability at competitive prices.
FairFuelUK Calls for Accountability in Fuel Supply Chain
Howard Cox, founder of FairFuelUK, has called for greater transparency and accountability, accusing the PRA of avoiding discussions on profiteering. Cox stated, "Avoiding this meeting suggests the PRA has something to hide. Profiteering is widespread, and the fuel supply chain must be held accountable without question." This ongoing controversy underscores the broader tensions between consumer advocacy groups, the government, and the fuel industry as prices continue to climb.
