Major fuel station slashes price of petrol and diesel by 14p 'No wonder there are queues!'

major fuel station slashes price of petrol and diesel by 14p 'no wonder there are queues!'

A petrol pump and a Costco fuel forecourt.

Membership-only retailer Costco has reacted to falling wholesale market prices by cutting its petrol by 8p a litre to 147.7p per litre today. This is 12p less than the average price of a litre bought at a supermarket and 14p lower than the UK average, which the RAC says is 161.9p.

Diesel at Costco is also on sale at its 19 forecourts for an average of 171.6p – nearly 14.5p less than the UK average and 12p cheaper than a litre at the average “Big Four” supermarket, which is around 159.9.

One Costco petrol station, in Chester, is offering unleaded petrol at 142.9p per litre and charging just 166.9p for diesel.

RAC Fuel Watch forecasts that petrol and diesel prices should “fall sharply” in the coming days and weeks after fears that drivers would see costs creep up towards the end of the year.

Earlier this week, the RAC called on the “Big Four” supermarkets – Asda, Morrisons, Sainsbury’s and Tesco – to slash their prices.

major fuel station slashes price of petrol and diesel by 14p 'no wonder there are queues!'

A Costco petrol station.

The organisation called on them to do this in response to falling wholesale costs and to help drivers who have been hit with all-time record prices this year.

Simon Williams, fuel spokesperson for the RAC, said the move by Costco to cut prices demonstrates how overpriced fuel is elsewhere.

He added: “Drivers who aren’t fortunate enough to be members of Costco will no doubt be horrified to see just how cheaply fuel can be sold.

“It’s no wonder you often see long queues for fuel at Costco. In fact, they recently had to change the queuing system at their Bristol forecourt to cope with the number of people wanting to fill up.


The UK’s most and least reliable cars for MOT test success [INSIGHT]

EV owners warned of abuse as charge rage increases [SHOCKING]

Elderly motorists should be forced to retake driving test [WARNING]

“Even accepting Costco operates on pretty thin margins the supermarkets should be slashing their prices,” he told Fleet News.

The fact petrol and diesel can be sold for 12p per litre less than is currently being charged on average at the big four supermarkets is very concerning, says Williams.

The retailer has 19 forecourts across the UK including Birmingham, Edinburgh, Liverpool, Manchester and Southampton.

The RAC has consistently urged drivers to shop around, with smaller, independent forecourts usually offering more competitive prices than supermarkets.

Asda has traditionally been the most aggressive supermarket on fuel prices, but while it’s still the cheapest of the big four, it seems far less keen to lower prices in a falling wholesale market than it has been in the past.

Mr Williams continued, saying: “On Tuesday this week we called on them to cut by 5p a litre but since then wholesale costs have fallen even further, so they should really be cutting by at least 7p.

“Given the huge gap between wholesale fuel prices and the averages charged by the supermarkets, it could be argued that drivers are being deprived the benefit of the Government’s 5p duty cut.

“This is unfair and we hope it is being duly noted by both the Government and the Competition and Markets Authority which is currently investigating UK fuel retailing.

“Other than trying to fill up somewhere cheaper there’s very little drivers can do to avoid shelling out more than they should have to in the cost-of-living crisis.”

The RAC highlighted the UK price of fuel to overseas, pointing to the average price of petrol being just 158p and diesel at £1.66 for a litre.

Across the Channel in France unleaded is 148p despite duty on petrol being 61p a litre and, while duty on diesel is currently charged at 53p – the same rate as the UK, a litre only costs 159p on average.

There have been calls from many, including the former Transport Secretary Anne-Marie Trevelyan, to implement a fuel price checker for UK petrol stations to promote consistency and competitiveness with prices.

Drivers in Northern Ireland benefit from the Consumer Council Fuel Price Checker which compares the prices of petrol and diesel across the counties, showing the average, cheapest and most expensive prices.

News Related


Jeremy Hunt humiliates Boris Johnson after revealing No10 gold wallpaper 'peeling off'

During his time in offce it was widely reported that Boris Johnson’s then fiance and now wife, Carrie Johnson, employed interior designer Lulu Lytle to do up the Number 11 ... Read more »

Pink fentanyl among drugs seized in Simcoe traffic stop

A cache of colourful — and potentially deadly — drugs are off the streets after a traffic stop in Simcoe on Wednesday night. Members of the OPP street crime unit ... Read more »

Recent and Older Movies Coming to Netflix in December 2022

Recent and Older Movies Coming to Netflix in December 2022 For the first time in almost three years, most of the world will be relishing the prospect of finally enjoying ... Read more »

Alberta's famous 'wage premium' rapidly eroding, experts say

Alberta’s famous ‘wage premium’ rapidly eroding, experts say CALGARY — Worker paycheques in the province that once led the country in wage growth have flatlined, but experts say the double ... Read more »

First Drive: Lamborghini’s Savage New 802 HP Countach Would Leave the ’80s Original in the Dust

Lamborghini_Countach1 History is a powerful commodity for an automaker, but also a dangerous one. The line between reverential and pastiche is often fuzzy, and the list of retro-themed products that ... Read more »

US Congressman Says Sam Bankman-Fried Conspired With SEC To Receive 'Special Treatment': SBF Responds To Benzinga

US Congressman Says Sam Bankman-Fried Conspired With SEC To Receive ‘Special Treatment’: SBF Responds To Benzinga FTX founder Sam Bankman-Fried tried to receive “special treatment” with the Securities and Exchange ... Read more »

‘If he really wants it, then he’s next’ - Pereira advises Adesanya to wait, but would take rematch

Alex Pereira lands a left high kick against Israel Adesanya at UFC 281. The new UFC middleweight champion sounds like he’s ready to accept whoever may come for his first ... Read more »

Schenectady business owner among first in NY to be awarded retail dispensary license

Schenectady business owner among first in NY to be awarded retail dispensary license A business owner in Schenectady County has been awarded one of the state’s first retail dispensary licenses. ... Read more »

NFL player’s dog captures National Dog Show top honors

Morgan Fox National Dog Show winner Los Angeles Chargers defensive end Morgan Fox picked up one of the biggest victories of his life on Thanksgiving. No, the Chargers didn’t play ... Read more »

20 years ago, Steven Soderbergh made a dark sci-fi remake — and conquered the genre

20 years ago, Steven Soderbergh made a dark sci-fi remake — and conquered the genre In 2002, Steven Soderbergh was coming off an amazing run. He had just won Best ... Read more »

Ringo Starr Changed Drumming Forever With The Beatles, According to a Rock & Roll Hall of Famer

Ringo Starr remains one of the most famous drummers of all time decades after The Beatles broke up. Even though he got replaced more than once when he struggled to ... Read more »

Frontier Airlines has replaced its telephone customer service line with online chat to cut costs

Frontier is replacing its phone line with an online chat system. Taylor Rains/Inside Frontier Airlines has scrapped its telephone customer service line. The airline has switched to chat to give ... Read more »

Texas high school football playoff scores for Friday, Nov. 25

Texas high school football playoff scores for Friday, Nov. 25 AUSTIN (KXAN) – The day after Thanksgiving means the playoff field is shrinking and only the best are left in ... Read more »

Irene Cara, 'Fame' and 'Flashdance... What a Feeling' Singer, Dead at 63

Irene Cara, ‘Fame’ and ‘Flashdance… What a Feeling’ Singer, Dead at 63 Irene Cara, the iconic ’80s singer-actress best known for the soundtrack smashes “Fame” and “Flashdance… What a Feeling,” ... Read more »

United Furniture fires thousands by text days before Thanksgiving

Former employee of Mississippi-based furniture company says 'that rocks your world when something like that happens' Read more »

Wednesday: Netflix’s Addams Family series sets surprising Rotten Tomatoes milestone

Netflix’s new Addams Family adaptation Wednesday has set an unlikely milestone on Rotten Tomatoes. The series stars Jenna Ortega (X) as Wednesday Addams, based on the character first created by ... Read more »

Belgium’s best is behind them but enough magic remains for one last shot at World Cup glory

(Getty Images) It is the last chance for Belgium’s golden generation, but not their best chance. Not according to their captain, anyway. Belgium have spent much of the period since ... Read more »

Sources: Michigan's Blake Corum to attempt to play vs. Ohio State

Sources: Michigan's Blake Corum to attempt to play vs. Ohio State Michigan star tailback Blake Corum is expected to attempt to play against Ohio State on Saturday, sources told ESPN, as an ... Read more »

France vs Denmark LIVE: World Cup 2022 team news and line-ups as Raphael Varane starts

✕ Close Eriksen ‘one of the best I’ve ever seen’ – Denmark captain Kjaer France continue their World Cup 2022 campaign as they face Denmark in Group D this afternoon. ... Read more »

How Liquid Death's 40-Year-Old Founder Turned ‘the Dumbest Name' and a Facebook Post Into a $700 Million Water Brand

Let’s face it: Water is boring. Sure, it’s essential to your health and few beverages can be more crisp or refreshing, but most bottled water brands are fairly bland and ... Read more »

Ivan Perisic 'cannot wait' to get stuck into John Herdman's Canada after the Maple Leafs' boss told his players to 'F' Croatia... as Zlatko Dalic calls for greater respect for his side who are 'second in the world'

Croatia boss Zlatko Dalic wants his side to be shown more respect by opponentsIvan Perisic was quick to echo his manager's comments ahead of the fixture It comes after Herdman told his players to 'F' Croatia in their next group game Both Croatia and Canada will be looking for their first wins of the competitionFor all the information that you will need ahead of the Group F clash click HERE And for all the latest updates from Qatar follow Sportsmail's LIVE World Cup blogClick here for the latest World Cup 2022 news, fixtures, live action and results Read more »

Saudi Arabia's players pay tribute to team-mate Yasser Al-Shahrani by holding up his shirt before World Cup clash with Poland after he underwent emergency surgery following a horror collision with his own keeper in win over Argentina

Saudi Arabia's players pay tribute to their team-mate Yasser Al-ShahraniThe starting XI held up Al-Shahrani shirt before facing Poland in the World Cup Al-Shahrani, 30, underwent emergency surgery in Riyadh on Wednesday following a sickening collision with his own goalkeeperIt was a thunderous collision between the pair which caused concernThe moment came in Saudi Arabia's famous 2-1 win over Argentina this weekLIVE BLOG: Follow the action for Saudi Arabia's World Cup match with PolandFollow Sportsmail's live blog for all the latest World Cup news hereClick here for the latest World Cup 2022 news, fixtures, live action and results Read more »

Cristiano Ronaldo 'takes Portugal team-mates out for dinner and foots the bill' as he puts Manchester United drama behind him to focus on his country's next match - 'though team-mates Bernardo Silva, Joao Cancelo and Jose Sa are absent'

Cristiano Ronaldo took his Portugal team-mates out for dinner in DohaHis former Man United team-mates Bruno Fernandes and Diogo Dalot attended Some players including Bernardo Silva decided to spend time with their families Click here for all the latest World Cup news and updates on our live blog Click here for the latest World Cup 2022 news, fixtures, live action and results Read more »

ITV I'm A Celebrity fans ponder if show was 'pre recorded' as Mike mentions the late Queen for the first time

I’m A Celebrity… Get Me Out Of Here viewers were left considering if the show was ‘pre-recorded’ due to apparent errors made by Seann Walsh and Mike Tindall. Another jam-packed ... Read more »

Safety improvements urged for Highway 7 east of Peterborough after string of fatalities

A petition that’s garnered more than 2,000 signatures is calling for  increased safety measures to be implemented on Highway 7 near Drummond Line  after a  pair of collisions claimed the ... Read more »

Yep, rats can move in under your hood. Here's how to protect your car and avoid a huge repair bill

A Norway rat (Rattus norvegicus). Wolfram Steinberg/Getty Images Rats are taking refuge in cars, chewing through wires and leaving owners with big repair bills. One expert says pet owners may ... Read more »

The DOJ's Mar-a-Lago case is a 'far more immediate threat' to Trump: legal expert

Donald Trump (Photo via Shutterstock) During an appearance on MSNBC’s “The Katie Phang Show” early Saturday, former U.S. Attorney Joyce Vance said Donald Trump appears to have suffered two major ... Read more »

Ischia: Landslide tears through Italian holiday destination

Italy.jpg A landslide ripped through the Italian holiday island of Ischia, on Saturday. Officials reported that heavy rain on the island had engulfed buildings and overturned cars. Previously, infrastructure minister ... Read more »

How Jared Kushner's Dad Really Got So Rich

Jared Kushner smiling Jared Kushner may have become a household name because of his relationship with Donald Trump’s daughter, Ivanka Trump, but it turns out the businessman had plenty going ... Read more »

Oscar winning Flashdance and Fame singer Irene Cara dies aged 63

Singer/songwriter Irene Cara (Barry King/Alamy/PA) Oscar and Grammy winning musician Irene Cara has died at the age of 63, her publicist has said. Cara was best known for singing and ... Read more »

Wales vs Australia LIVE rugby: Latest score and updates from autumn international in Cardiff

(Getty Images) Wales take on Australia this afternoon looking to salvage some pride from their autumn international campaign after a shock loss to Georgia last week, although their opponents have ... Read more »

NHS forced to spend £180m a year on ‘pointless’ visa charges

NHS forced to pay Home Offices millions of pounds in fees to recruit overseas amid workforce shortage (PA) (PA Wire) The NHS is forced by the government to spend £180m ... Read more »

Luis Enrique warns Spain not to underestimate Germany in crucial World Cup clash

Luis Enrique warned overconfidence could cause Spain’s downfall when they face Germany in their second Group E clash on Sunday. Spain dominated their opening contest, trouncing Costa Rica 7-0 with ... Read more »

Actress Irene Cara dead at 63

Her publicist confirmed the death announcement Saturday was genuine both in a note on the singer's website and on Twitter. Read more »

2 Killed, 2 Wounded in Shooting at West Pullman Gathering

Two people were killed and two others wounded after a gunman opened fire on a gathering in West Pullman on the Far South Side, police said. The four were among ... Read more »

Residents of This State Have the Highest Average Credit Score—See How You Compare

Earning a high credit score isn’t just a matter of bragging rights. Because it’s a number that tells creditors how to assess your ability to pay them back, the higher ... Read more »

Piotr Zieliński Scores Poland's First Goal at 2022 World Cup

Zieliński used an assist from Robert Lewandowski to put Poland on the board against Saudi Arabia Read more »

U.S. Expands Bans of Chinese Security Cameras, Network Equipment

U.S. Expands Bans of Chinese Security Cameras, Network Equipment The Federal Communications Commission voted 4-0 to ban sales of new telecom and surveillance equipment made by several Chinese companies, arguing ... Read more »

The cut-off village a stone's throw from Hampshire with incredible views of Chichester Harbour

In Hampshire there is no shortage of idyllic villages to visit. From Wickham, with its ancient market square, to Milford on Sea, with its views over the coast, an array ... Read more »

Video: Massive fire breaks out in Qatar World Cup city near fan village as plume of black smoke rises into the sky 

Read more »
Breaking thailand news, thai news, thailand news Verified News Story Network