Petrol prices hit record high of 144.9p per litre as cost of living soars
PETROL and diesel prices have hit record highs again as the cost of living continues to soar.
A litre of petrol is now 144.9p, while diesel is selling for 148.84p, according to the latest official data.
Petrol prices reached a previous record high just last week at 143.7p.
The prices, revealed by the Department for Business, Energy and Industrial Strategy, mean that the average driver now has to spend an extra 34p to fill up their motor.
For diesel car owners, that figure is an extra 73p.
Queues at petrol stations and empty pumps have ended but prices are still rising due to growing inflation.
It's not just petrol prices that have been affected - supermarkets, high street shops and energy suppliers are all facing higher costs..
Twinings, Primark, and Unilever have all recently said that higher energy prices have added to cost increases.
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And energy bills have been rising after a recent increase in the industry price cap.
Inflation is being driven by labour shortages, rising energy costs and gaps in global supply chains as the pandemic subsides.
The RAC has blamed the supermarkets for the rising cost of fuel.
The big four UK supermarkets increased the price of petrol on their forecourts by more than 9p a litre and diesel by more than 10p in October.
The RAC’s Simon Williams said: “October 2021 set records for all the wrong reasons and was a horrible month for drivers.”
How can I keep petrol costs down?
There are ways to reduce how much you spend on petrol. including cost cutting steps such as car-pooling and sharing lifts.
There are also simple things you can do to make a tank of fuel last longer, such as making sure your tyres are at the right pressure.
While you don't want to drive for miles to get fuel, if you have a choice of petrol station in your area, it pays to shop around.
The website allows you to do 20 free searches on petrol stations near you to see who has the best rates.
When you need to fill up, you might as well get the best price possible. We found differences of around 2p per litre in our search.