£8 gallon soon to be a reality as fuel prices spiral upwards amidst middle east unrest

Motoring organisations warned last night that fuel prices could soon top £8 a gallon as the crisis the the middle east continued .

Adrian Tink, RAC motoring strategist, said: “It is clear that we are getting to the stage where drivers are going to be priced out of their cars. Before we know it the car will become the preserve of the rich.”

The unrest the world oil producing countries such as Libya may soon spread to Saudi Arabia and Algeria. The recent events have caused the cost of oil to shoot up to $119 a barrel, its highest level for two-and-a-half years.

The effects will be felt on the forecourts within weeks, leading to an estimated 5p a litre increase in ­petrol prices by April. That combined with the 5p-a-litre rise in fuel duty due on April 1 will cause misery for UK motorists and trasport companies alike.

Protest groups such as FairFuelUK are already protesting over the governments lack of action over fuel prices and more fuel protests like the one today at Stanlow Oil Refinery are being planned.

Related posts:

About

Karl is the editor and owner of this glorious website. He currently writes for numerous environmental websites, producing content for the greater good.

His experience in graphic design, Wordpress and all things automotive have helped sculpt Hypermiler.co.uk into its current form from very humble beginnings.

He has numerous IT qualifications, a red belt in Taekwondo and likes craft Ales.

Get in touch via our Contact Page

Posted in Fuel Prices

Leave a Reply

Your email address will not be published. Required fields are marked *

*