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Petrol price war leaves drivers motoring



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Published Date: 22 July 2008
SUPERMARKETS launched a petrol price war today, with three of Britain's biggest chains cutting the cost of unleaded and diesel by up to 5p a litre.
Supermarket chain Asda announced it would cut the cost of unleaded and diesel by 3p a litre, and Morrisons swiftly followed suit by cutting the price of unleaded and diesel by 4p a litre.

Sainsbury's said it was cutting petrol by 5p a litre from Thursday for customers who spent £50 or more in stores. The promotion will run for two weeks.

The price of a barrel of oil dropped from a peak of 147 dollars to 130 dollars in recent weeks.

Asda said all 170 of its petrol forecourts across the country would sell unleaded petrol for 113.9p a litre and diesel for 128.9p a litre from today.

Asda trading director David Miles said: "We are seeing a more stable reduction in oil prices, allowing us to pass on the savings to customers."

Morrisons' move came into effect at 6pm yesterday.

AA president Edmund King said: "Since mid-July, the wholesale gasoline price has fallen six per cent and the AA expects fuel suppliers to pass on, not pocket, the saving for the good of UK families."





The full article contains 212 words and appears in Edinburgh Evening News newspaper.
Page 1 of 1

  • Last Updated: 22 July 2008 10:56 AM
  • Source: Edinburgh Evening News
  • Location: Edinburgh
  • Related Topics: Transport
 
1

Joe,

Livingston 22/07/2008 13:38:32
Morrisons in Livingston selling unleaded @ 111.9 litre
today. I don't think Sainsburys can justify calling their scheme a price-cut though if the actually pump price hasn't been reduced?
2

Alternative (High-Octane) Fuel Head,

Edinburgh 22/07/2008 13:40:43
There is only one way out of this rediculous situation adn that is for the stupid labour government to scrap fuel duty.
3

tomias,

Edinburgh 22/07/2008 14:17:21
Skewed market forces in full swing
4

Paul R,

22/07/2008 15:34:32
Tesco have not dropped their price here but all the others have - I still have a 5p off per litre voucher but when the petrol is 4p a litre dearer why should I even bother to use it?
5

geekpie,

forfar 23/07/2008 09:38:16
RAC: July 2008: "The cost of motoring has fallen by 18% in real terms over the past 20 years"

Petrol needs to be much more expensive.

The irresponsible supermarkets needs to be reined in: a tax on their "free" (there's no such thin) parking would be a useful start.
6

Joe,

Livingston 23/07/2008 14:38:33
Today (Weds), I noticed Morrisons, The Gyle are still selling petrol at the old price of 114.9..Still big queues at their Livingston branch for 111.9.
7

rs,

.on the bus 23/07/2008 16:28:00
AA president Edmund King said: "Since mid-July, the wholesale gasoline price has fallen six per cent and the AA expects fuel suppliers to pass on, not pocket, the saving for the good of UK families."

Who have been wasting "Fuel" and caused the hike in the 1st place.

Is amazing how much people waste on short journeys, because they are too lazy to walk the length of themselves.

 

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