RAC response to supermarket fuel price drop

RAC technical director David Bizley said: “This is a welcome move by Sainsbury’s and full credit to them for being the first to pass on the recent fall in the cost of wholesale fuel prices.

“It has been anticipated by the RAC as it echoes exactly what we have been calling for since 25 February, when world petrol and diesel wholesale prices began to fall steadily.

“We are confident this drop in price will be picked up by the other fuel retailers in a similar way. It will certainly be appreciated by motorists and their families who have had to endure ever-increasing prices on the forecourts this winter.

“However, the fact remains we still need more transparency on pricing as 60% of the cost at the pump is paid in duty and tax to the Government. The RAC is campaigning with partners, such as FairFuelUK, to raise awareness of how much motorists in this country are paying compared to our European counterparts.”