Supermarket petrol prices coming down in Cumbria
Last updated at 12:00, Thursday, 25 October 2012
Motorists are to benefit from a welcome drop in supermarket petrol prices.
Asda was the first big player to announce that it would cut up to 2p off a litre of petrol, starting from today.
Sainsbury’s announced a similar “up-to-2p reduction,” also from today, while Morrisons has confirmed that it will follow suit. All the stores have branches in Carlisle and in west Cumbria.
Asda customers will now pay no more than 133.7p a litre for their petrol. Its diesel remains at 139.7p a litre.
The move has come as no surprise to independent petrol retailers in Carlisle.
Chris Toole, owner of the independent Mace filling station, on James Street, Carlisle said: “You’ll find there has been a general drop in the wholesale price of petrol, and they have seen it coming.
“I’m anticipating that everybody’s prices will come down. The supermarkets tend to drop their prices very quickly and if they can steal a march on competitors and get ahead of the competition if can make a massive difference.”
Smaller retailers are likely to reduce their prices over the next three or four days when they get fresh supplies from wholesalers, said Chris.
He added: “We can’t compete with the supermarkets but we will bring down our prices, though not to the same extent. We cater for the local community rather than people who live 15 miles away and come to Carlisle for their weekly shop.”
Asda’s petrol trading head Jeremy Walton said: “We always aim to be the first retailer in each part of the country to drop prices when costs are falling and the last to put them up.”
Richard Crampton, Sainsbury’s head of fuel, added: “We’re always looking for ways to help our customers save money, particularly as we head towards the festive season, so we’re delighted that we will be reducing our petrol price by up to 2p per litre.”
Mark Todd, petrol director for Morrisons, said: “We’re always keen to offer motorists the best value we possibly can.”
AA public affairs head Paul Watters added: “Last week our fuel-price report pointed to a 4p drop in petrol wholesale prices working its way through the system.
“UK average petrol pump prices reached a late summer high of around 140p a litre in mid-September and sat there for more than a fortnight. More than a month on, the average petrol price yesterday was down to only 138.70p a litre.”
First published at 11:42, Thursday, 25 October 2012
Published by http://www.newsandstar.co.uk
Have your say
The U.K is an exporter of petrol, why then can't the British motorist benefit , we sell it to others cheaper then we can buy it.
Is about time the government abolished fuel tax and increased income tax, so the richest bore a fair of their responsibility. And why is fuel priced in dollars not in pounds
When fuel in this country hit Â£1 it was because a barrel of oil was Â£140 dollars that was the excuse,the price per barrel is now Â£86 dollars today, do the maths and see how much we are being ripped off,check this site out it is a live site showing fuel prices per second in the US,and theirs is cheaper now than it has ever been in the last few years work that one out when their is suppost to be a shortage.http://zfacts.com/p/196.html
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