FUEL PRICE REPORT – JULY 2005

On Sunday July 10th, the UK average price of Unleaded fuel passed the £4 a gallon barrier for the first time ever. Average prices for all regions are now over £4 a gallon.

Unleaded prices rose by 3.1p per litre (14p per gallon) and Diesel by 3p per litre (13.6p per gallon).

These rises are due to increases in the price of crude oil on the world market with Brent Crude reaching

$60 a barrel during the month. In July 2004, Brent Crude was trading at about $35 a barrel.

Wales has the highest prices at 89.3p (Unleaded) and 93.5p (Diesel) with East Anglia (who had the highest

prices in Britain last month) now at joint fourth place with the South East. Yorkshire & Humberside retain their lead as the cheapest region in which to buy fuel.

At Supermarkets Unleaded rose by 3.2p per litre (14.5p a gallon) and Diesel by 3.2p per litre (14.5p per gallon).

LPG increased by 0.3p per litre with the difference between UK average and supermarket prices widening to

5.7p per litre.

The Treasury announced on 5 July that the fuel duty increase due on 1 September would be postponed due to "volatility in the oil market". Treasury will review whether to raise the tax in the autumn pre-Budget report.

Overseas prices - UK Diesel continues to be the highest price in Europe. UK Unleaded is now the fifth most expensive in Europe with the Netherlands recording the highest price at 99.15p per litre.

Garages and Supermarkets / Unleaded 95 Octane /
Diesel
/ Super unleaded / LPG
litres / (gallons) / litres / (gallons) / litres / (gallons) / litres
Northern Ireland / 89.1 / (405.1) / 93.2 / (423.7) / 92.5 / 420.5 / 42.5
Scotland / 88.5 / (402.3) / 93.1 / (423.2) / 94.3 / 428.7 / 40.5
Wales / 89.3 / (406.0) / 93.5 / (425.1) / 94.2 / 428.2 / 37.7
North / 88.8 / (403.7) / 93.2 / (423.7) / 94.8 / 431.0 / 39.0
North West / 88.3 / (401.4) / 92.4 / (420.1) / 94.1 / 427.8 / 38.2
Yorkshire & Humberside / 88.2 / (401.0) / 92.4 / (420.1) / 93.9 / 426.9 / 35.0
West Midlands / 88.6 / (402.8) / 92.6 / (421.0) / 94.7 / 430.5 / 39.8
East Midlands / 88.8 / (403.7) / 92.8 / (421.9) / 94.3 / 428.7 / 40.5
East Anglia / 88.9 / (404.1) / 92.9 / (422.3) / 94.1 / 427.8 / 41.1
South East / 88.9 / (404.1) / 92.7 / (421.4) / 94.7 / 430.5 / 41.5
South West / 89.0 / (404.6) / 93.1 / (423.2) / 94.1 / 427.8 / 40.3
London / 88.3 / (401.4) / 91.8 / (417.3) / 94.3 / 428.7 / 41.5
UK AVERAGE / 88.7 / (403.2) / 92.7 / (421.4) / 94.4 / 429.2 / 39.7
Per cent taken as Tax / 68.0 / 65.7 / 68.1
Supermarkets / Unleaded 95 Octane / Diesel / Super unleaded / LPG
litres / (gallons) / litres / (gallons) / litres / (gallons) / litres

SUPERMARKET AVERAGE

/ 87.2 / (396.4) / 91.1 / (414.1) / 89.5 / (406.9) / 34.0
Per cent taken as Tax / 68.9 / 66.6 / 71.0

* The AA Motoring Trust Fuel Price Report uses data sourced from Catalist Ltd & Arval (www.catalist.com) .

They are an average of mid-month prices from the respective regions.


OVERSEAS PRICE COMPARISONS

Using currency exchange rates as at 18 July 2005 quoted in local currency and UK pence equivalent.

Source of overseas price comparisons: European Road Information Centre (Geneva), and based on a twice-monthly sample.

Local Currency per litre / UK pence per litre
Country / Currency /
Unleaded
/
Diesel
/
Unleaded
/
Diesel
Austria / Euro / 1.06 / 0.98 / 75.22 / 69.75
Belgium / Euro / 1.25 / 1.05 / 88.78 / 74.58
Czech Republic / Czech Koruna / 28.90 / 28.90 / 70.21 / 70.21
Denmark / Danish Krone / 9.77 / 8.66 / 92.61 / 82.09
Finland / Euro / 1.17 / 0.93 / 82.75 / 66.13
France / Euro / 1.20 / 1.07 / 85.52 / 75.93
Germany / Euro / 1.22 / 1.08 / 86.65 / 76.71
Greece / Euro / 0.90 / 0.88 / 63.85 / 62.72
Netherlands / Euro / 1.40 / 1.05 / 99.15 / 74.79
Hungary / Forint / 260.50 / 250.00 / 79.80 / 76.58
Ireland / Euro / 1.05 / 1.05 / 74.79 / 74.79
Italy / Euro / 1.24 / 1.13 / 87.93 / 80.05
Luxembourg / Euro / 1.02 / 0.87 / 72.73 / 61.44
Estonia / Kroons / 11.75 / 12.55 / 53.10 / 56.71
Norway / Norwegian Krone / 10.80 / 10.10 / 96.00 / 89.78
Latvia / Lats / 0.56 / 0.56 / 57.49 / 57.49
Lithuania / Litas / 3.03 / 2.98 / 62.38 / 61.35
Poland / Zloty / 4.19 / 3.65 / 77.84 / 67.81
Slovakia / Koroan / 37.60 / 39.90 / 68.60 / 72.80
Slovenia / Tolar / 224.20 / 222.50 / 67.63 / 67.12
Portugal / Euro / 1.18 / 0.98 / 83.74 / 69.61
Spain / Euro / 1.00 / 0.94 / 71.31 / 66.55
Sweden / Swedish Krona / 11.72 / 10.83 / 88.05 / 81.37
Switzerland / Swiss Francs / 1.58 / 1.68 / 71.48 / 76.00
United States of America / US Dollars / 0.61 / 0.65 / 35.63 / 37.97
UK / Sterling / - / - / 88.66 / 92.73

Note: We receive international prices to 3 decimal places and calculate the UK pence per litre on that price. Therefore, some countries will show the same price in their local currency to 2 decimal places, but the UK pence price could be slightly different

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