This Christmas is about to be the most costly ever on the roads with petrol and diesel each at file highs for the festive interval.
Petrol is at the moment being bought for a mean of 152.96p a litre which is 7p greater than it was on 22 December 2021 (145.66p), in line with the RAC.
Diesel, nevertheless, is a stunning 27p costlier on the nation’s forecourts than it was a yr in the past (148.95p) at 175.75p, which was beforehand the most costly Christmas ever for drivers.
A tank of petrol for a household driving to see household and pals now prices almost £4 extra at £84 than it did final Christmas (£80). For these travelling in diesel vehicles it’s even worse with a fill-up now costing almost £97 – nearly £15 greater than final yr (£82).
However disturbingly, this Christmas shouldn’t be hurting drivers’ pockets as a lot as it’s because the wholesale worth of petrol has now fallen to only 106p a litre – the identical worth it was this time final yr.
And much more worryingly, this yr’s worth consists of the Authorities’s 5p gas obligation low cost which was launched in March to ease the ache of rising gas costs attributable to Russia invading Ukraine.
The wholesale worth of diesel has dropped to 126p a litre which is barely 14p costlier than simply earlier than final Christmas (112p).
The RAC calculates that the typical worth of petrol must be round 138p – 15p cheaper than it truly is, and that diesel must be round 160p a litre – 13p cheaper than it’s now.
“The large 4 supermarkets, which dominate UK gas retailing, have robustly refused to considerably decrease their forecourt costs to replicate what’s occurred with the substantial discount within the worth of wholesale gas that they’re having fun with,” mentioned RAC gas spokesman Simon Williams.
“We now have a weird scenario the place many smaller unbiased retailers are charging far much less for his or her gas than the supermarkets.”
“We urge the supermarkets to correctly minimize their petrol and diesel costs to provide drivers the Christmas current they deserve.”