Supermarkets Launch Cheap Petrol War
Posted on October 16, 2008 by Fiona Hilliard
Shopping List:
Bread
Milk
Petrol
Renting a car in the UK? Get used to adding fuel to your weekly shopping list. British supermarket chains Asda and Morrisons have both cut the price of a litre of unleaded petrol to 99.9 p (€1.27) at all every one of their 457 petrol stations.
Other retailers are expected to follow within the next few days and there could be even better news on the horizon as oil prices head downwards to $70 per barrel, less than half July’s top prices.
Already BP has said it is slashing the price of fuel by up to five pence a litre, enabling up to 100 of its 350 petrol stations to also charge 99.9p.
Rather surprisingly, Tesco says it won’t be responding to the latest cut. A spokesperson said its forecourts would all be charging over £1 a litre.
The last time ASDA charged under £1 for petrol was in January. Generally speaking, service stations have been charging over £1 since November 5th 2007.
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