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The Petrol Retailers Association (PRA) have said that they are "very concerned" about Government plans to implement the deferred increase in petrol tax in January,
They claim that together with a second increase in April 2013 could lead to increase in prices at the pumps of 7p in the first few months of the New Year.
Going on from that in a statement the PRA said:
The AA have released the following figures to illustrate the changes in prices at the pump:
Monthly petrol cost for two-car family:
- Now - £287.76
- Record high - £302.54
- Summer low - £277.76
Cost of 50-litre petrol refill:
- Now (135.52p/ltr) - £67.76
- Record high (16 April – 142.48p/ltr) - £71.24
- Summer low (1 July – 130.81p/ltr) - £65.41
Paul Watters, the AA’s head of Public Affairs on the rising cost of petrol:
The AA has said that the 2.5% price rises seen on forecourts recently, "risks putting road fuel costs back on the path that led to six weeks of record fuel prices earlier this year."
The motoring organisation went on to say that after July’s surprise increase in inflation, "the new surge in pump prices will stoke the rise further and potentially any increase in fuel duty."
The Petrol Retailers Association (PRA) are warning motorists that there could be "an impending increase in the cost of fuel."
The price of Brent Crude has increased by 10% in the last two weeks to $116 a barrel.
The Petrol Retailers Association (PRA) have warned of an impending price hike on the forecourt. Brian Madderson, PRA Chairman said:
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