Friday, December 21, 2007

Fuel prices stall as driver tolerance begins to snap

Soaring road fuel prices have finally stalled after three months of constant increases that saw the cost of petrol rise 7% and diesel 11%, says the AA. However, strikes in French refineries and military action on the Turkish-Iraq border suggest that prices could remain volatile in the short-term. But, says the AA, with trade union Unison threatening strike action over employee mileage allowance reimbursements, volunteer ambulance car drivers in Wales downing their keys over petrol costs and hauliers attempting a fuel duty protest, the tolerance of high prices by some motorists has begun to reach breaking point. The AA's latest fuel price report shows average UK petrol prices have reached 102.81p per litre, up 1.3p on last month, and diesel 107.95, up 2.51p. This is marginally below the all-time peaks of 102.87p per litre for petrol and 108p for diesel recorded on December 6.

DATED: 21.12.07

FEED: AW





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