Motorists face paying £1.50 a litre for petrol as shortages continue to hit half the nation’s forecourts.Fuel companies, which have been accused of profiteering with 10p increases, say the supply problems caused by panic-buying will continue until Friday.
Petrol prices are ‘going crazy’, according to Brian Madderson of the Retail Motor Industry federation.
‘Motorists are paying a significant premium because the wholesalers know they are on to a good thing. It’s the law of supply and demand,’ he said.
‘The withdrawal of fuel in such a frenzy in the mid part of last week means some members won’t be getting any fuel until later this week.’
Ministers, who are accused of sparking the panic by advising motorists to top up before a possible strike by fuel tanker drivers, are now urging them to save fuel by driving more slowly. Read More
