Diesel cheaper than petrol for the first time in 15 years

Diesel cheaper than petrol for the first time in 15 years 30th July 2015

There has always been a debate among British drivers over whether it is better to buy a diesel or petrol car in order to save money. For years, drivers of the former have seen lower road tax prices but had to pay more for their fuel. However, this has all changed as supermarkets have slashed the price of diesel in recent times. 

The big four – Asda, Tesco, Sainsbury's and Morrisons have all been cutting the price of diesel for some time, and last week when three of the four cut two pence off a litre, it marked an important moment for diesel drivers. For the first time in 15 years, diesel was cheaper than petrol. 

This move brings about a security for drivers, Asda said, as no matter the kind of car they drive, they will know that they are not being overcharged for their fuel at any time. 

Andy Peake, Asda's senior director for petrol, said: "Asda cutting another 2ppl on diesel is great news for our drivers, meaning they will pay no more than 112.7ppl at any Asda forecourt. Every single one of our customers knows the maximum price they will pay at the pump regardless of where they live."

RAC fuel spokesman Simon Williams said it was only right that diesel was cheaper for drivers than petrol, adding that it was encouraging to see supermarkets put the market on its way towards this becoming a reality at the moment. 

"Fifteen years ago, when this happened last, diesel was cheaper than petrol for two and a half months, but with a new supply of diesel being produced from Saudi Arabia there is real chance that we may see the diesel price staying below petrol for some considerable time," he added. 

Posted by Danielle Barge