Last night the AA warned that petrol price would reach a record high, and will rise further. This means the average family car will now cost to over £96, £18 more than it was 2 years a go.
The average forecourt price for petrol is now just fractions below the record 137.4p a litre set in May last 2011.
AA spokesman, Luke Bosdet, said: ‘A return to last year’s record petrol prices will confirm to drivers that 2012 is a carbon copy of 2011 – oil price rises stoked by concerns about the Middle East, boosted by stock market speculation.
‘UK motorists and businesses couldn’t afford these costs last year and they still can’t. Economic recovery will suffer, fuel demand and tax receipts will fall and firms will go bust. It feels like Groundhog Day, but with nothing to laugh about and a sense that the ordeal is getting worse with no way to prevent it.’
MJP Motoring Solicitors
Mar, 02, 2012