F&I Management & Training

It's official. The UK average price for a gallon of diesel has hit £6, according to the AA. At 131.9p a litre, the average price of a gallon of diesel as recorded by the motoring organisation has reached the £6 mark. Meanwhile, petrol prices also continue to rise and currently average 118.6p a litre (£5.39 a gallon), according to the motoring organisation. Overall, pump prices are about 40% higher than 12 months ago. The fact that a gallon of diesel has now reached £6 is likely to heap pressure on the Government to abandon its proposed 2p a litre fuel duty increase in October, according to the Daily Mail. More than half of the country's forecourts are said to be selling diesel at £6 a gallon or higher, with Scottish motorists facing the highest average price of 132.8p a litre (£6.04 a gallon). Meanwhile, Petrol-Prices.com, the website that tracks pump prices, claims that some drivers could be paying £1.50 a litre for diesel within six weeks and the same for unleaded petrol by September.

DATED: 26.06.08

FEED: AW