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Petrol Hits $9 A Gallon In UK

Posted By admin On April 9, 2010 @ 4:13 am In Money Watch | Comments Disabled

By Louise Barnett
UK Daily Express [1]
April 9, 2010

THE £6 gallon arrived at Britain’s petrol pumps yesterday as motorists ­continue to be hammered by Labour. 

Unleaded hit an average of 119.9p a litre for the first time ever, breaking the previous July 2008 record of 119.7p. 

But some forecourts are already charging 131.9p a litre – just a penny short of the £6 gallon. 

“This is a dark day for Britain’s hard-pressed motorists,” said the RAC. And there is worse to come, warned experts last night. 

A ­perfect storm of rising wholesale costs, the weak pound and more Government tax hikes will propel fuel costs even higher. Drivers were warned to brace themselves for a 5p-a-litre surge in the next three months, pushing unleaded prices to a 125p a litre average by the summer holidays. 

Full article here [1]

Petrol Hits $9 A Gallon In UK 220310banner1 [2]

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URLs in this post:

[1] UK Daily Express: http://www.dailyexpress.co.uk/posts/view/168128

[2] Image: http://www.homegain.com/housead/homes_for_sale/index?entryid=11502

[3] Supermarkets cut petrol prices just as oil cartel votes to CUT production by 1.5m barrels per day to boost flagging value: http://www.prisonplanet.com/supermarkets-cut-petrol-prices-just-as-oil-cartel-votes-to-cut-production-by-15m-barrels-per-day-to-boost-flagging-value.html

[4] Gas prices hit $4 per gallon average across U.S.: http://www.prisonplanet.com/gas-prices-hit-4-per-gallon-average-across-u-s.html

[5] Gas Hits $10 A Gallon…In Paris: http://www.prisonplanet.com/gas-hits-10-a-gallon-in-paris.html

[6] Motorists fume at ‘profiteers’ as price of petrol goes UP despite huge falls in oil price: http://www.prisonplanet.com/motorists-fume-at-profiteers-as-price-of-petrol-goes-up-despite-huge-falls-in-oil-price.html

[7] What Do Iran Sanctions Cost You? About 25 Cents a Gallon, Experts Say: http://www.prisonplanet.com/what-do-iran-sanctions-cost-you-about-25-cents-a-gallon-experts-say.html

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