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Friday 24 August 2018 4:33 pm  |  Updated:  Friday 24 May 2019 7:46 pm

Motorists despair as petrol pump prices hit four-year high

By: Josh Mines

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Summer silly season has hit a peak for motorists, as petrol pump prices jumped above 130p a litre for the first time since August 2014. 

Yesterday, average prices for petrol came in around 130.05p, while diesel stood at 132.72p. It's the most expensive petrol has been since 4 August 2014, and since 30 September 2014 for diesel, according to the AA. 

On the motorway prices can vary massively, and on some stretches there can be as much as a 16p per litre or £8.80 per tank difference within one 35-mile stretch.

“This is summer holiday pump exploitation at its worst,” says Luke Bosdet, the AA’s fuel price spokesman. “The transport secretary’s app-based fuel price transparency for motorways can’t come soon enough.”

The AA has previously blamed the price hikes on a weak pound and the rising price of crude oil. 

Supermarkets tend to be the most reliable source for cheaper fuel, rather than petrol stations run by the big oil companies like BP and Shell. 

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