Petrol prices hit record high
09/04/2010

On what the RAC described as "a dark day for motorists", the price of petrol has hit an all-time high of 119.9p per litre (£5.46 a gallon).

A small family car now costs £59.95 to fill up - £5 more than just three months ago at the start of the year. A staggering £17 more than in January last year.

Motoring groups have warned that the average price of petrol could continue to rise - especially if there is a hung parliament following the general election. "For many drivers, today's record price underlines what they already know - the cost of petrol is becoming increasingly unsustainable," said Paul Watters from the AA - adding that "it looks as if things are going to get worse."

Brendan Mcloughlin, founder of PetrolPrices.com, has also predicted "a really grim summer" for motorists. "I think it will hit £1.50 a litre," he said.

"When petrol prices hit their previous record high in summer 2008, we saw 25,000 people join the Liftshare network in just two months," said founder Ali Clabburn. "Drivers realise that sharing their journey with someone else going their way is the only way to avoid being hit too hard by these exorbitant fuel prices."

Comments

There are currently no comments posted for this article.

Comments are temporarily disabled.

Other news stories