HARLOW motorists have been warned that they could face an increase in petrol prices with no chance of a let up in the near future.
Petrol prices have been constantly on the rise across the UK over the past years, and that doesn’t seem to be changing anytime soon. Chronicle Live and Essex Live have both reported that the national pump price is due an increase and financial experts have warned that they are set to go up by a largely amount.
RAC fuel Spokesman Simon Williams said ‘Fuel prices are at their highest since October 2014. We are paying 25p more than a litre we were at the start of 2016. The worst may be still yet to come if the price of oil goes up.’
The current average price for a litre of petrol stands at £1.29. If oil prices rise again, the estimated petrol price will rise up by a few pennies and will continue to rise over the forthcoming years.
Spokesman Simon Williams said ‘This will inevitably force families to make some tough choices about how they spend their money. It is also likely to have a negative effect on consumer spending as putting fuel in the car to get to work takes priority over shopping and eating out.’