RAC warns drivers to expect higher fuel bills
Cost of driving expected to rise
THE RAC has warned that drivers face rising fuel prices in 2018.
The motoring organisation says that prices have reached their highest level since the end of 2014.
In December, the average cost of a litre of unleaded petrol was 121p, while diesel rose to 123p. In July, drivers were paying an average of 114p for petrol and 115p for diesel.
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It means the average family car, with a 55-litre fuel tank, costs £3.73 more to fill with petrol, and £4.64 more with diesel.
Drivers in the South East are hit hardest. It has the most expensive fuel, at an average of 121.8p for petrol, and 124.3p for diesel. Northern Ireland has the cheapest, at 120.3p and 121.9p respectively.
The RAC says the increased cost of oil is behind the rise. RAC fuel spokesman Simon Williams said: “It’s hard to see pump prices getting much cheaper in the early part of 2018. Unfortunately, the good times of lower cost fuel appear to be over and it’s probably now far more likely that we will see them going up as OPEC’s oil production cuts are starting to have the desired effect of reducing the global oil glut and pushing the barrel price higher.”
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