(PRWEB UK) 22 February 2013
According to an article of The Guardian, The Automobile Association (AA) has announced that they predict another price rise in petrol. A spokesperson from the company added, "There is another 4p rise in the pipeline."
Since the beginning of the year drivers have seen a 6p increase, with 1p added to the price in the last few days. The average price is now 137.9p for a litre of petrol meaning that an average family car such as a 70 litre Ford Mondeo now costs £4.37 more to fill up than six weeks ago.
Cost.co.uk is one of the UK’s most popular money saving comparison sites and aims to bring the best offers and deals for consumers. The company is alarmed to hear of predicted rises as a spokesperson explained, "Cost.co.uk is dedicated to providing the latest news on a range of issues whether they are good or bad news, and unfortunately the price of petrol increasing is never good. As a comparison site we advise to shop around and make the most of any money saving deals that supermarkets often promote as a way to get some money off the final price."
Edmund King, president of AA explained, "The blame for this latest collapse in petrol sales rests squarely with stock market speculation. They have pumped up the wholesale price of petrol at a time of year when cars consume the most. Currency gambling has devalued the pound, adding a further 1.6p a litre to the 7.9p a litre increase in the cost of wholesale petrol since the start of the year."
Cost.co.uk continues to follow consumer-based news.
Based in Essex, Cost.co.uk is one of the UK’s leading price comparison sites. Allowing their online customers access to companies offering a range of insurance, financial and travel services, the firm specialise in providing a personal experience. Founded in 2012, the agency has a trusted reputation for sourcing the most ideal policies at affordable prices.