RAC response to supermarkets cutting price of its petrol and its diesel by up to 2p a litre

29 July 2014

RAC fuel spokesman Simon Williams said: “The combination of the strengthening pound and the fact that tensions in both Ukraine and Iraq have not caused supply issues means wholesale prices have begun to ease. But falling wholesale prices don’t always lead to cheaper forecourt prices so it’s good news for motorists that this reduction is being passed on so quickly at the pumps. Cheaper fuel is good for individual motorists, businesses and the economy.

“The impact of the shale oil extraction in the US is also causing global oil prices to reduce due to more product becoming available in the market which in turn reduces reliance on importing oil from the Middle East.”

Press office team

For journalist enquiries only

Latest stories

Unplanned repairs leave four-in-10 drivers without cars for a day or more

Concern over cost of repairs and maintenance dwarfs fuel prices and motor insurance

media.rac.co.uk

EU’s new Entry-Exit System comes into force - RAC reaction

As the EU's new Entry-Exit System begins a phased rollout at European border points, RAC head of policy Simon Williams has the following advice for drivers: “The new EU Entry-Exit System (EES) is rolling out from 12th October, meaning drivers will need to provide fingerprints and have their photos taken when they enter or exit Schengen border crossing points. With a phased roll-out taking place until April 2026, we’re advising motorists to check the official requirements at the UK departure point they’re using before they set off, as these will differ from place to place.