Petrol Price To Hit £5 Per Gallon

No doubt none of you have missed the fact that the price of petrol has continued to rise over the past few months. The Mail Online is reporting that it is not just possible but likely that we’re going to see a price of £5 per gallon by Christmas. To further put the boot in to British motorists, a planned 2.5% VAT increase will be leveraged against the price of petrol and diesel. There’s no doubt that oil prices are on the rise, but we were sure slow to see a lower price on the forecourts when the price came down…

Tagged as: petrol prices, Record prices at fuel pumps, the economy, £5 per gallon