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Petrol prices jump above 130p a litre

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Written by: Paloma Kubiak
24/08/2018
Pump prices have jumped above 130p a litre for the first time in four years.

According to The AA, petrol prices averaged 130.05p a litre while diesel climbed to an average 132.72p a litre yesterday.

The last time motorists paid this much for fuel was 4 August 2014 when petrol stood at 130.13p and diesel hit 132.81p on 30 September 2014.

But with more than 14 million cars expected to hit the roads this bank holiday weekend, those stopping off at motorway service stations are likely to pay more.

Pump prices at these forecourts can vary by as much as 16p a litre or £8.80 a tank.

Luke Bosdet, the AA’s fuel price spokesperson, said: “This is summer holiday pump exploitation at its worst. The Transport Secretary’s app-based fuel price transparency for motorways can’t come soon enough.”

Related: See YourMoney.com’s The best and worst times to hit the road this bank holiday weekend for more information.

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