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UK fuel sales in 500 million litre plunge
Forecourt fuel sales have fallen by more than 10 per cent during the last quarter as buyers cut back on expenditure and cars become more fuel efficient.
The Department of Energy and Climate Change reports that nearly 500 million litres less fuel was sold on forecourts compared to the same three-month period between April and June last year.
Compared to 2008, fuel sales were down in the first half of this year by well over two BILLION litres.
That’s despite a rise in fuel sales in the preceding three-month period of around 120 million litres, once caused by motorists panic-buying due to the threatened fuel tanker driver strike.
AA President Edmund King described the latest decline in fuel sales as a ‘huge drop’.
“While we welcome the fact that new cars have become more fuel-efficient, this goes nowhere near to accounting for the crash in demand over the past three months and the past five years.
“A fall of 2.27 billion litres in UK fuel sales over the first six months of this year compared to the same period in 2008 has got to bring some sense of reality to the fuel market and the Government.”
King said the fuel industry was guilty of “trying to squeeze more money out of shrinking customer demand” and called for greater price transparency at the fuel pumps “to ensure and show drivers that they are getting a fair deal at the pump.”
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