Diesel getting close to record high

Diesel pumpMatthew Fearn/PA Wire/Press Association Images

Diesel prices are almost back to record levels, figures from the AA have shown.

The price of diesel at the pumps now averages 142.9p a litre - just shy of the record of 143.04p set last May.
Over the past month, the average price of diesel has gone up 0.8p a litre, while the average price of petrol has risen 1.46p to 135p a litre.

This is still 2.43p off the petrol record high, but since the start of the year the monthly fuel bill for a two-car family has risen £5.84.

Northern Ireland has the highest average petrol prices - 135.9p a litre - while northern England has the cheapest, at 134.2p.


Northern Ireland also has the dearest average diesel (143.5p a litre) while the cheapest is to be found in northern England and in Yorkshire and Humberside (142.3p).

AA president Edmund King said: "The UK's rate of inflation may have fallen but that comes as cold comfort for consumers and businesses that depend on their vehicles and see pump prices nearing last year's records.

"The fact is that, in a period of stagnant wages, petrol costs 23p a litre more and diesel 29p a litre more than in February 2010, when fuel price rises picked up pace. A typical 50-litre petrol refill now costs £11.50 more and filling an 80-litre commercial van tank with diesel has risen £23.20.

"In inflationary terms, that is a 20.5% rise in two years for petrol and a 25.6% increase for diesel over the same period. Consequently, we will be reminding the Chancellor before the March Budget that his 3p fuel duty increase ear-marked for August 1 should be scrapped if these high pump prices persist."

© 2012 Press Association
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