News.Scotland.Org

May, 20

If you are clue less why suddenly the number of cars in the streets of UK has dropped, then check out the soaring prices of petrol and diesel. Travellers in UK are now-a-days are sweating a lot with the confusion whether to travel or not to travel by their cars, this jump in fuel prices has made the life of travellers restless.

If we look at the prices of petrol we can make out how sharply the rates have gone up this year. Even the petrol retailers association had predicted a further rise in petrol by 5 pence a litre by the weekend. In a poll done by AA which included about 17,500 members found that 16% people have cut short their traveling using cars, other 27% people had slashed their spending on other areas to meet the extra price, while about 21% had done both the ways to meet the increased prices of petrol.

It is said that one of the reasons for the jump in prices of petrol and diesel is the rise in the wholesale price of oil which has affected the retail price of fuel. If we compare the present price of petrol and diesel, we can clearly find the difference in the previous and present price which is further expected to go up. The official figures have shown that the car traffic had suddenly fallen by 2% with this surge in petrol rates. Now all eyes are whether the current trend of petrol and diesel price will drop or will remain the same in near future.

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