• New prices will come into effect tomorrow
  • Move comes after a warning from Government that it was looking at ways to ensure petrol retailers do not delay price cuts when wholesale costs fall
  • Lowest price in over a year as prices have fallen 11p since their peak in April
  • But cost of petrol will start to rise again in the summer because of Government plans for fuel duty increase in August

By Jill Reilly

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A fresh supermarket price war on the forecourts is underway with giants Asda and Sainsbury's cutting up to 3p a litre from the price of fuel.

The retailers said the new charges would come into effect tomorrow.

The slash follows April’s record high petrol prices, which pushed the price of filling a family car to 100.

Slashed: Supermarket giants Asda and Sainsbury's are cutting up to 3p a litre from the price of fuel. The retailers said the new prices would come into effect tomorrow

The cuts mean that filling a typical car will be the cheapest since February 2011, according to  experts. 

Asda said an ease in global oil prices has enabled it to pass those savings on to motorists.

Transport Secretary Justine Greening said the Government would be prepared to introduce new laws to control prices

Transport Secretary Justine Greening said the Government would be prepared to introduce new laws to control prices

Drivers filling up at any of Asda's 195 forecourts nationwide will now pay no more than 129.7p per litre for unleaded and 134.7p per litre for diesel.

Andy Peake, Asda's director of petrol trading, said: 'Motorists will be pleased to know fuel is now at the lowest price in over a year as prices have fallen 11p since their peak in April.

'Unlike other retailers, our price cuts benefit everyone across the country, meaning that no-one filling up at Asda will be forced to pay a premium for their fuel.'

A Sainsbury's spokesman said: 'From tomorrow we will be cutting petrol and diesel prices in our petrol stations by up to 3p per litre. Sainsbury's is committed to delivering great value and helping customers cut down on cost wherever possible.'

A spokesman for the AA welcomed the cuts, saying that motorists would be getting a 'good price' for fuel.

But the cost of petrol looks set to rise again in the summer - in August the Government has planned 3.02 pence per litre rise in fuel duty.



The move to pass on lower prices to drivers comes after a warning from Government that it was looking at ways to ensure petrol retailers do not delay price cuts when wholesale costs fall.

Two weeks ago, Transport Secretary Justine Greening said companies should develop a code of practice to stop the 'indefensible' practice of petrol companies raising prices at the pump as soon as wholesale petrol and oil prices rise, only to delay lowering them again when costs fall.

She said the Government would be prepared to introduce new laws to bring about the change if companies failed to come up with a code of their own.

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And of course Asda has put the "temporarily" fuel price decrease as an increase on their in-store Pizza's and other food - so not impressed.

Transport Secretary Justine Greening said the Government would be prepared to introduce new laws to control prices.......... just another waste of pixels

someone needs to give us motorists a drop of around 30p a litre to make any REAL difference to our back pocket! 1 a litre is MORE than enough for fuel!

Does Justine Greening see the irony in her comment? Her boss 'call me dave' promised a fair fuel stabiliser' to regulate prices before the last election, but that was before his best mate started putting them up with his extra duty. I aren't entirely sure how her law would work though, presumably someone would look at the wholesale price, and the pump price, decide the difference was too big (what exactly would be defined as too big?), then decide whether it was the refiner, the distrubutor, or the petrol station was making the excess profit, then fine them in some way. Can anyone see this being very workable? One last point, the coalition promised that they would get rid of a law every time they introduced one, how about when ministers make stupid statements like this someone asks which law they will repeal at the same time? If they can find one to repeal there is a case for that law going regardless

Obviously not a recent picture of the Asda forecourt.

Asdas price has been 130.7p since the 23rd May so that will be just 1p not 3p then.

Ah 94.9 a litre, wish it was like that now :(

Same old fraud. It goes up 10p and comes down 3p.

This government just does not give a toss about motorists. How very noble of them to change the law to make companies bring prices down but in the same breath push ahead with the rise in duty. Given with one hand taken away with the other !!

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