Fuel set to fall to £1 a litre as supermarket war spreads to the forecourts

Stephen Hayward
Oct 25, 2014
Petrol prices are heading towards 2009’s level when it was £1 a litre as crude oil supplies are at a high

Pumped up about the good news: Supermarket customers will cash in
Petrol prices could soon hit £1 a litre as desperate supermarkets battle to attract customers.
A new wave of cut price deals on supermarket forecourts means drivers can now fill up for as little as £1.03p a litre.
The last time petrol cost £1 a litre was in May 2009.
Motoring groups say motorists are enjoying some of the cheapest prices for years.
Average prices have already plunged to a four year low, at £1.25 a litre, while in some parts of the county it has dropped to as little as 1.19p a litre.
Petrol prices

Average price of 1L of petrol in the UK (source www.petrolprices.com)
Filling up a Ford Focus cost around £71 when prices peaked at £1.42 a litre in April 2012. It will now set a driver back around £63 on average.
Some motoring experts believe petrol prices will go even lower thanks to a dramatic fall in the price of crude oil, down from 100 dollars to 85 dollars a barrel in the past three months.
Price to fill up

Based on a Ford Focus
The fuel price war means shoppers can now take advantage of a wave of deals and special offers. Further price cuts expected in coming weeks.
Tesco’s Clubcard Fuel Save scheme allows clubholders to save up to 20p a litre. They get 2p off a litre for every £50 of groceries they buy online or ione of its stores. At one Tesco forecourt yesterday petrol cost £1.22.9p a litre.
Motoring groups say the price cuts are putting £2m a day back into motorists’ pockets.
RAC fuel spokesman Simon Williams said the latest price cuts “will take us to a new low, the likes of which we haven’t seen since late 2010.”
Has the price of petrol forced you to stop driving?

He added: “It is fantastically good piece of news for drivers, it really is.
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