The UK’s petrol supply crisis has caused havoc across the UK in recent weeks, as a shortage of HGV drivers following the coronavirus pandemic and Brexit puts pressure on supply chains. Now experts are predicting that prices in the UK could reach an all-time high in the run-up to Christmas.
Despite signs the UK’s shortages are beginning to ease, the RAC has warned this could be replaced by anxiety of how much fuel will cost in the near future.
The average price of a full tank is approximately £12 higher in September than it was at the beginning of 2021.
Both petrol and diesel had already reached levels last seen in autumn 2013 and were closing in on the all-time record set in April 2012, the RAC said. Petrol was less than 6p below the record of 142.48p a litre.
Unleaded petrol rose by 1.5p in September to 136.83p a litre, 22p more expensive than last year.
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Similarly, diesel rose by 2.5p to 139.25p, a rise of 21p on 2020 prices.
This took the cost of filling a 55-litre tank to £75.26 for petrol users and £76.59 for diesel vehicles – a rough increase of £12 each.
However, the RAC does not believe the increase is down to the shortage of lorry drivers that has pervaded the UK in recent weeks.
Rather, the cause is a rise in the price of oil, which increased by about 10 percent in September.
Rounding off the top five, Greece just beat Italy to pay £1.45 per litre, with the latter paying just two pence less at £1.43 per litre.
The UK comes ninth in the chart, paying £1.37 per litre at current prices – less than Germany but slightly ahead of neighbours France.
Germans pay £1.39 per litre and France pays £1.36 per litre – a penny short of the UK.
At the opposite end of the scale, Bulgaria pays the lowest rate for petrol in Europe – just 97p per litre.
Romania and Poland pay similarly cheap prices – £1.04 and £1.08 per litre respectively.