Are diesel drivers subsidising unleaded motorists?

24 March 2015

fuel gauge Not only are diesel drivers being 'demonised', but there's a suspicion that they're also subsidising all the unleaded drivers too, which is just not on.

The RAC is calling for a cut of 4p-per-litre at the pumps because something doesn't add up regarding what motorists are paying and the wholesale costs. The group noticed that the wholesale price of diesel was 1p a litre more than petrol, however, diesel drivers paid nearly 6p more than petrol-havers at the forecourt.

So what's going on there then?

RAC fuel spokesman Simon Williams said: "It's hard not to think that business is being taken for a ride by the fuel retailers. Traditionally, business runs on diesel, and with sales of diesel at an all-time high the retailers have maintained a higher margin on diesel, perhaps to subsidise petrol sales".

It appears that diesel drivers are being rinsed as the forecourts trying and recoup money as oil costs have lost (up to) 60% of their value. And while diesel prices hit a five year low in January, they're not dropping as fast as unleaded. The latest figures show that the average diesel prices at the pumps is 118.31p per litre, while unleaded costs stand at 112p.

TOPICS:   Motoring

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