Fuel prices were recorded at 99.7p per litre at the Murco service station on the A435 between Kings Heath and Maypole. It’s the first time prices have been this low since January and February 2016 as prices tumbled amid the coronavirus epidemic.
Morrisons and Asda dropped prices by 12p per litre last week in a dramatic move but other supermarkets are yet to follow suit.
Luke Bosdet, AA fuel spokesman said: “We expect other retailers to follow shortly. However, drivers need to remember that falling pump prices shouldn’t be an incentive to break the ‘lockdown’.
“But, where there is a chance to cut costs for beleaguered households whose income has fallen dramatically due to the impact of coronavirus, cheaper petrol and diesel is very welcome.”
Last week, campaigners at FairFuel UK claimed retailers could reduce pump prices by up to 30p per litre extra amid the crisis.
Mr Bosdet added: “In 2008, there was almost a race among some petrol stations to see who could get to £1 a litre first – won by two independent stations, one in Scotland and the other in the Midlands. This time, forecourts seem far less keen.
“That may be because demand for road fuel has dropped with drivers and consumers heeding the call to stay at home.
“However, providing wholesale costs remain as low as they are at the moment, the average price of petrol should be heading towards £1 a litre in the coming weeks (15.71p + 57.95p fuel duty + 9p retailer/supplier margin + VAT = 99.12p).
“Falling pump prices shouldn’t be an incentive to break the ‘lockdown’ but, where there is a chance to cut costs for beleaguered households whose income has fallen dramatically with coronavirus, it needs to happen.”
Experts have urged motorists to take extra precautions when filling up at a petrol station to avoid catching coronavirus.
Public Health England has urged road users to always wear plastic gloves and wash their hands after touching fuel pumps.
Those filling up tehri cars should also maintain 2m between other road users and observe social distancing practices.
Published at Fri, 27 Mar 2020 07:33:00 +0000