Fuel prices are set to rocket in 2012, with average diesel prices passing the 145p per litre (ppl) mark for the first time ever, according to one industry analyst. And drivers of petrol cars won’t fare much better – they’ll see average prices hover close to the 140ppl mark this summer, too.
The prediction comes from energy broker EnergyQuote – a firm that provides fuel forecasts to businesses running fleets so that they can accurately predict their future costs.
Damien Cox, the firm’s lead energy analyst, told Auto Express: “Prices will go up, especially after the duty increase in August. On average, oil prices will likely be marginally higher in 2012 than in 2011.”
Cox has provided us with a month-by-month forecast of fuel prices for 2012. And, according to his predictions, average petrol prices will peak at 139.26ppl in August. While diesel will hit record average prices of 145.89ppl in October.
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By Jon Morgan
AutoExpress
