07/03/2011
Petrol Prices Soaring Across British isles
While Northern Ireland has already recorded the highest price for unleaded at 129.9pence per litre in the UK during February - with Yorkshire and Humberside at the lowest - at 127.8pence, Dublin drivers are really getting hammered.
Even taking the exchange rate into consideration, the Republic Of Ireland petrol prices are now even higher - over €1.50 per litre - and are expected to rise further as disruption in world oil supplying countries continues.
Prices as high as €1.52 in south Dublin were reported on this Monday's Morning Ireland programme, with most pumps experiencing a two cent increase to €1.519.
The turmoil in Libya is continuing as Col Gaddaffi continues his battle with anti-Gaddaffi protestors.
Gaddaffi has reportedly taken a number of strategic towns in recent days, and it is thought the country is on the brink of an outright civil war.
Estimates on the death toll resulting from the ongoing violence ranges between 1,000 and 6,500, depending on the source, with the higher estimates coming from rebel forces.
In their monthly Fuel Price Report for February, a spokesman for the AA said: "Average pump prices for both petrol and diesel have continued to rise to new record highs. However, in neighbouring European countries, drivers were given some respite during mid to late January with a drop in the cost of fuel.
"Troubles in the Middle East threaten even higher oil prices with oil prices as $103 a barrel."
Meanwhile, Northern Ireland has just recorded the highest diesel price at 135.0ppl while Yorkshire and Humberside have the cheapest diesel at 133.2ppl.
The NI Consumer Council is urging the Government to consider the introduction of a fuel price stabiliser in Northern Ireland.
With duty and VAT contributing almost two thirds to the price charged at the pump, the introduction of a fuel price stabiliser could help cushion motorists from the continuing rise in petrol and diesel - especially at a time where the Middle Eastern oil markets are volatile.
Aodhan O'Donnell of the Consumer Council said last week - before prices continued their rise: "The ongoing situation in the Middle East is having a knock-on effect for motorists, with the average price of a litre of diesel now over £1.33 and for petrol it's £1.28. Northern Ireland depends heavily on car travel as the main mode of transport and the Consumer Council is concerned at how the rising price of petrol and diesel will impact on consumers here.
"At the start of March 2011 it costs £65.11 to fill a car with petrol and £67.84 for diesel – that's an increase of £8.37 for petrol and £10.50 for diesel from this time last year. Consumers have borne the brunt of increasing petrol and diesel prices for too long and it's now time for the Government to step in and help motorists.
"We want to see the Government take action and take it swiftly," he said.
(DW/BMcC)
Even taking the exchange rate into consideration, the Republic Of Ireland petrol prices are now even higher - over €1.50 per litre - and are expected to rise further as disruption in world oil supplying countries continues.
Prices as high as €1.52 in south Dublin were reported on this Monday's Morning Ireland programme, with most pumps experiencing a two cent increase to €1.519.
The turmoil in Libya is continuing as Col Gaddaffi continues his battle with anti-Gaddaffi protestors.
Gaddaffi has reportedly taken a number of strategic towns in recent days, and it is thought the country is on the brink of an outright civil war.
Estimates on the death toll resulting from the ongoing violence ranges between 1,000 and 6,500, depending on the source, with the higher estimates coming from rebel forces.
In their monthly Fuel Price Report for February, a spokesman for the AA said: "Average pump prices for both petrol and diesel have continued to rise to new record highs. However, in neighbouring European countries, drivers were given some respite during mid to late January with a drop in the cost of fuel.
"Troubles in the Middle East threaten even higher oil prices with oil prices as $103 a barrel."
Meanwhile, Northern Ireland has just recorded the highest diesel price at 135.0ppl while Yorkshire and Humberside have the cheapest diesel at 133.2ppl.
The NI Consumer Council is urging the Government to consider the introduction of a fuel price stabiliser in Northern Ireland.
With duty and VAT contributing almost two thirds to the price charged at the pump, the introduction of a fuel price stabiliser could help cushion motorists from the continuing rise in petrol and diesel - especially at a time where the Middle Eastern oil markets are volatile.
Aodhan O'Donnell of the Consumer Council said last week - before prices continued their rise: "The ongoing situation in the Middle East is having a knock-on effect for motorists, with the average price of a litre of diesel now over £1.33 and for petrol it's £1.28. Northern Ireland depends heavily on car travel as the main mode of transport and the Consumer Council is concerned at how the rising price of petrol and diesel will impact on consumers here.
"At the start of March 2011 it costs £65.11 to fill a car with petrol and £67.84 for diesel – that's an increase of £8.37 for petrol and £10.50 for diesel from this time last year. Consumers have borne the brunt of increasing petrol and diesel prices for too long and it's now time for the Government to step in and help motorists.
"We want to see the Government take action and take it swiftly," he said.
(DW/BMcC)
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05 September 2012
OFT To Review Petrol And Diesel Prices
The Office of Fair Trading is to look into the UK petrol and diesel sector following significant price rises at the the pumps. The OFT will spend six weeks gathering evidence about whether competition is being curtailed. Alongside this the watchdog will also consider whether falling costs of crude oil are reflected in prices paid by motorists.
OFT To Review Petrol And Diesel Prices
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11 January 2012
EDF Energy Reduce Gas Prices By 5%
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The cost of fuel is increasing again after the six-month collapse ended at the beginning of February, according to the AA. UK average prices bottomed out at 106.4p for petrol and 113.4p for diesel before heading upwards. Unleaded prices are down 0.6p from 108.9 ppl to 108.3 ppl. Diesel prices have fallen 1.0p from 116.1 ppl to 115.1 ppl.
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The cost of fuel is increasing again after the six-month collapse ended at the beginning of February, according to the AA. UK average prices bottomed out at 106.4p for petrol and 113.4p for diesel before heading upwards. Unleaded prices are down 0.6p from 108.9 ppl to 108.3 ppl. Diesel prices have fallen 1.0p from 116.1 ppl to 115.1 ppl.
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UK fuel prices rise sharply
Forecourt prices for petrol and diesel in the UK are continuing to rise sharply in the wake of Hurricane Katrina, which swept through the oil producing region of the Gulf of Mexico. The average UK petrol price has reached around 95 pence per litre for petrol (£4.27 per gallon) and in some cases motorists have reported being charged over £1.
UK fuel prices rise sharply
Forecourt prices for petrol and diesel in the UK are continuing to rise sharply in the wake of Hurricane Katrina, which swept through the oil producing region of the Gulf of Mexico. The average UK petrol price has reached around 95 pence per litre for petrol (£4.27 per gallon) and in some cases motorists have reported being charged over £1.
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.