Asda and Tesco in the Great Petrol Sale!
As you may have seen in our Deals Of The Day yesterday, Asda have dropped the price of fuel for motorists and Tesco have followed suit, with both supermarkets reducing pump prices of petrol and diesel by up to 2p a litre. Asda have said that drivers will pay no more than 126.7p a litre for petrol and 133.7p a litre for diesel.
Pete Williams, head of external affairs at the RAC, said: "The supermarkets are helping to brighten up January by knocking 2p a litre off petrol and diesel in reaction to falling wholesale prices."
The good thing is, is when supermarkets start lowering their prices, everyone else does in response, which means a price drop across the country for everyone. Thanks to prices having gone up rapidly in recent years, these reductions still don't stop fuel costs sticking in the craw, but at least there's a small solace in the fact that, if prices fall to within 2p of the supermarker's, we'll have the cheapest fuel since February 2011. Depends whether you're a half full/half empty person.
AA president Edmund King said: "Fuel price reductions at the pumps will bring a sigh of relief to many drivers who are struggling to make ends meet after bigger than normal financial outgoings during the festive period."
"We hope that other supermarkets and fuel retailers follow the lead of Asda and Tesco to cut their prices at the pumps, otherwise we just end up with a fuel-price lottery based on proximity to certain supermarkets."