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RAC welcomes Asda's latest 2p a litre fuel price cut due tomorrow
Asda has announced that from tomorrow it will cut its fuel prices by 2p a litre - the same day that the RAC called for a fresh fuel price cut as wholesale continue to fall.
RAC fuel spokesman Simon Williams said: “This time Asda has announced a 2p fuel price cut with unleaded capped at 116.7p and diesel at 118.7p on the same day we called for a fresh price cut. The supermarkets have to be recognised when they do the right thing for their customers and the conditions are such that a further fuel price cut was due. We welcome the transparency and their swift response.
“It would be good now to see other supermarkets following suit with a cut and, ideally, introducing their own price caps, even if they can’t drop their prices as low. And we would expect other fuel retailers large and small to bring their prices down as well.
“The indicators are pointing in favour of drivers, who have endured higher fuel prices since July 2017, with lower wholesale prices resulting from a fall in the oil price and a strengthening of the pound against the dollar.”
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The RAC provides complete peace of mind to 12m UK private and business drivers, whatever their motoring needs. Its services include:
- Breakdown assistance. Its highly-skilled, 1,600-strong branded patrol workforce attends more than two million breakdowns every year, fixing on average four out of five vehicles at the roadside. The RAC’s patrol fleet is one of the most advanced in the UK, and was the first to roll out both an All-Wheels-Up recovery system, allowing the vast majority of vehicles to be recovered from a single patrol van, and EV Boost mobile electric vehicle charging units
- Insurance. The RAC is a top-five car insurance broker having surpassed the 500,000 policies-in-force milestone in 2018. It also offers ‘black box’ telematics policies, as well as home and travel insurance
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The RAC also works to support the interests of its members and UK drivers on the most important motoring issues which it identifies via the annual RAC Report on Motoring and the RAC Opinion Panel. The Report on Motoring is the longest running analysis of driver opinion in the UK having been published every year since 1989.
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