The price of†petrol†at the pumps has risen to a new high, the AA said today.

After a brief halt following weeks of increases, the average cost of†petrol†has gone up to 142.48p a litre.

Key Points

  • Petrol†prices at pumps risen to new high
  • Average cost of†petrol†is 142.48p a litre
  • Diesel costs 147.88p a litre on average

Diesel, at 147.88p a litre on average, is just short of the record price which was set last week.

The AA says†petrol†has risen 10.23p a litre and diesel 7.32p a litre since pump prices started their climb at the start of the year, adding £21.72 to the monthly†petrol†cost of a two-car family.

In the past month alone,†petrol†has gone up 3.98p a litre and diesel 2.43p. A year ago,†petrol†cost 135.29p a litre and diesel 141.60p.

Regional variations

The most expensive†petrol†is found in Northern Ireland at 143.9p a litre on average, while the cheapest is in Scotland at 142.2p.

The dearest diesel is in Northern Ireland at 148.2p a litre while the least expensive is in Yorkshire and Humberside at 147.3p.

AA president Edmund King says: "Panic-buying in March forced some cash-strapped families to spend far more on fuel than their budgets could bear.

"Filling up a 50-litre tank costs more than some families spend on food each week. This panic-buying masked a more persistent threat further up the fuel chain."

King adds: "To help the 35 million UK drivers, the Government should address the current destructive tendencies in the oil and road fuel markets. Greater transparency would be a good start."

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