
Motorists are being warned that the typical value of gas will hit £2 per litre this summer season and a few garages will probably be charging extra.
This prediction comes as oil costs are rising and the weakening of the pound vs the US greenback, the RAC stated.
On Monday the typical value per litre was 175.6p, which was up by 6.6p from 169p the week earlier than, while diesel value have elevated by 3.7p, authorities figures present.
RAC gas spokesman Simon Williams stated, “With analysts predicting that oil will common 135 US {dollars} a barrel for the remainder of this yr, drivers have to brace themselves for common gas costs rocketing to £2 a litre, which might imply a fill-up would rise to an unbelievable £110.
“The oil value is rising as a result of elevated demand for gas internationally as China eases its Covid restrictions and America and Europe go into the height summer season driving season.
“All this mixed with a weaker pound at $1.2 means wholesale gas prices extra for retailers to purchase.
“The wholesale value of diesel is quick approaching 160p a litre which, while you add 7p retailer margin and 20% VAT, would take the pump value over the £2 mark.
“We strongly urge the Authorities to take drastic motion to assist soften the affect for drivers from these never-before-seen pump costs.”