Average gasoline prices have reached a new record high of 170.4 per liter, new figures show.

The average price for diesel on Tuesday was 181.4 per liter, according to Experian Catalist.

A year ago today gasoline was 129.0 per liter, diesel fuel – 131.3 per liter.

The UK is “entering an unprecedented territory” as the energy price cap rises – recently the cost of living

RAC spokesman for fuel Simon Williams called it “another unfortunate landmark.”

“While wholesale prices may have peaked last week, they are still alarmingly high, which means there is no respite from the record high pump prices that are so relentlessly contributing to the cost of living crisis,” he said.

“We desperately need the government to take more action to ease the burden on drivers, which we hope will be shown in its announcement, which is expected this week.

“A 20% VAT on fuel currently brings the Treasury around 30 pensions per liter, which seems very unfair given that it is a tax on tax as a duty on fuel – even though in at the end of March it was reduced to 53 pensions per liter – charged at the wholesale level.

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AA spokesman for fuel prices Luke Bosdet said that “there is still a significant difference in the price of gas stations in most areas”, saying that it is “particularly annoying” when supermarkets of one brand take “much more” in one place compared to another in the same region.

Government March 23 will reduce the duty on fuel by 5 pence per literbut retailers have been accused of boosting profits since the policy was introduced.

https://news.sky.com/story/petrol-price-reaches-new-record-high-at-170p-a-litre-and-diesel-at-181p-data-shows-12620983

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