Posted on 03/23/2012 5:36:39 PM PDT by bruinbirdman
The AA said the cost of unleaded petrol reached a new peak of 140.2p a litre, piling the pressure on already-stretched motorists.
The price is equivalent to £6.37 a gallon. Diesel also hit a record high of 146.7p a litre, the motoring association said.
Filling a large family car with a 70-litre tank — such as a Ford Mondeo — with unleaded petrol now costs £98, a rise of £6 since the start of the year. A diesel family car now costs £103 to fill, £5 more than at the start of the year. Experts say the cost of unleaded petrol is likely to spiral towards 150p a litre by the end of the summer, particularly as George Osborne refused to cancel the proposed August fuel duty rise in the Budget this week.
Motoring groups said the rise in the cost of petrol was hurting drivers.
Paul Watters, the AA’s head of public affairs, said the organisation had “long suspected” that successive governments underestimated the impact that rising fuel costs had on families and businesses.
He said the current high prices, inflated by concerns surrounding Iran and Syria, will only continue to rise. The duty increase in August will add further £3.80 to the cost of filling a tank, Mr Watters said.
He added that recent rise meant the average motorist is paying £8.44 a month more to fill the car than at the start of the year, equivalent to £100 more a year.
At a stroke, the increased cost wipes out almost half of the £220 average rise in personal tax allowances that the Chancellor announced in the Budget.
“This will ram home the potential that fuel prices have in disrupting financial planning,” Mr Watters said.
Mr Osborne’s decision to press ahead with a fuel duty
(Excerpt) Read more at telegraph.co.uk ...
Watching Top Gear on BBC America now. I love the way they rag on fuel efficient cars and really rag on their liberal politicians for making things so expensive.
I’m sure Obama is envious.
He is.
The Obama dictate that all American oil production come to a halt is hurting the people of England.
Its hurting the entire capitalized world.
But, on the other hand, everything is much closer. You can drive across the country and hardly go 100 miles.
Paid that back in Dec. when we were in France and Turkey. I couldn’t believe how much it cost to fill up the Mercedes van we had to rent. Had to fit 9 people in it or we would have been in something a lot smaller.
Yet in Mexico it is still $2.50 per gallon!
Oh, and that car you been looking to buy for $28,999, down in South America it sells for about $15,000.
12 cents/gallon in Venezuela. Envious?
yitbos
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The petrol-heads are the best on TV and I am glad they stand for performance, power, and speed. I also love it when they bash stupid cars, speed cameras, and idiotic liberals.
The “Interceptors” is probably my favorite of all the great stuff they have done. I really can’t think of any mediocre TG episodes.
http://www.youtube.com/watch?v=qLp4FhDAfQk
Doing my part at the gas pump too with stickie notes.
i live in rural texas and spend mucho dinero for gas and diesel each week because places are far apart.
if 10 dollar gas brings obamas defeat, bring it
I like the American version of the show but its a pale imitation of the British original. I know there’s an Australian version as well but I haven’t seen it.
These guys do some insane stuff like driving out of Iraq to Israel by way of Turkey, Syria, and Jordan. The crazies thing was driving across the southern states in America with I love Hillary Clinton painted across the car in pink. Some woman came out of the party store and asked if they were gay or just stupid.
Then they oughta fill it with gasoline, like we do, instead of petrol!
The mid-east one was good. I hope that the almighty has a sense of humor regarding baby Stig in a manger.
I remember the drive through the south one too. Brilliant.
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