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Motorists to benefit from Tesco and Asda's fuel price reductions

Date: 13/01/2014 16:58:45
Category: Fuel Efficiency
Author: Laura Varley

Both Tesco and Asda will be reducing their fuel prices tomorrow (January 14th), leading experts to hope that other supermarkets and petrol stations may follow suit.

According to express.co.uk, AA president Edmund King said if other providers don't follow in Tesco and Asda's footsteps, some drivers could be left out from saving anything.
"Fuel prices reductions at the pumps will bring a sign of relief to many driverswho are struggling to make ends meet after bigger than normal financial outgoing during the festive period," he explained.

"We hope that other supermarkets and fuel retailers follow this lead to cut their prices at the pumps, otherwise we just end up with a fuel price lottery based on proximity to certain supermarkets."

Tesco and Asda are set to reduce their prices by up to two pence per litre, reports expressandstar.com. Asda has said that motorists will pay no more than 126.7pa litre from petrol and 133.7p for diesel, meaning diesel will fall to the lowest price seen since July 2012. Tesco has also said that it will be cutting prices by two pence, but failed to specify the maximum price motorists can expect to pay.

Pete Williams, RAC external affairs head, commented that if these prices were matchedacross the country, fuel prices could fall to the lowest levels seen since February 2011.

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