Asda, Morrisons, Tesco, Sainsbury's drivers warned they'll miss out on free £67

Drivers have been warned they are getting a "raw deal" at the petrol pumps as the average cost drops "like a feather" despite oil prices PLUNGING. The average cost of a litre of unleaded finally dropped by 2.4p last month, from 150.31p to 147.88p.

It saves drivers £1.30 a tank, meaning over the course of the year, with a weekly top-up, motorists would save £67. But the reduction at supermarkets (Asda, Morrisons, Tesco and Sainsbury's) smaller at just 1.2p (147.31p to 146.15p). Average diesel prices dropped 4.5p, from 158.06p to 153.58p, but supermarkets cut by less at 3.4p a litre, from 154.93p to 151.49p.

The disparity between wholesale prices and what drivers are charged at forecourts has hit the 13p mark for petrol and 16p for diesel. RAC senior policy officer Rod Dennis said: “A month of decreasing fuel prices should be seen as a good one for drivers, but the sheer time it is taking for any meaningful price reductions to reach forecourts is if anything a continuing cause of concern. When it comes to much-needed pump price cuts, it’s sadly a case of too little, too leisurely, with most drivers still getting a miserable deal every time they fill up.

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“We’re once again in classic ‘rocket and feather’ territory, with pump prices only trickling down when they should really be falling like a stone. What’s more, not only have wholesale prices been coming down consistently for over a month, but the average margins taken by retailers are still so much bigger than in the past. This means pump prices are at levels much higher than we ought to be seeing, which is all the more concerning given drivers are meant to still be benefiting from a 5p a litre duty cut introduced more than two years ago."

He went on: “The CMA now has the powers it needs to take a closer look at what’s going on across the country when it comes to fuel retailing. In the short term, this should mean greater visibility of pump prices for drivers – and the far fairer prices that those in Northern Ireland continue to enjoy. But crucially, it should also mean it can identify occasions where wholesale price drops aren’t being properly reflected at the pumps, something our analysis shows is sadly still happening.

“What’s more, whichever party takes power after next month’s General Election will have the prickly job of deciding what to do about the supposedly temporary cut in fuel duty. Looking at the UK’s current pump prices, it’s easy to forget this cut is meant to ease the cost of refuelling right now. As a result of the energy price crisis, many governments across Europe have since increased their duty rates again after previously helping drivers. Yet in the UK, diesel prices are still higher than anywhere else on the continent and petrol prices are still among the top-10 most expensive.”