The price of diesel at the pumps has hit a new record high, it has been confirmed this morning.  

The average for a litre of diesel hit 151.21p-a-litre on Thursday 10 February, which eclipses the previous all-time record high of 151.1p set on 20 November 2021, according to the latest industry data from Experian Catalist for the AA.

Petrol prices are also now just 0.05p per litre shy of the existing record, set last November, with average prices hitting 147.67p, the motoring group adds.

It says the spiraling cost of filling up will pile more misery on motorists facing a cost of living crisis by also add pressure to businesses, many of which are dependent on diesel-powered trucks and vans on our roads. 

Diesel prices hit a new record high: The UK average for a litre of diesel hit 151.21p-a-litre on Thursday, which eclipses the previous high of 151.10p set on 20 November last year

Diesel prices hit a new record high: The UK average for a litre of diesel hit 151.21p-a-litre on Thursday, which eclipses the previous high of 151.10p set on 20 November last year

While average unleaded prices are not quite breaching previous record levels, the AA reports that the cost of petrol is already higher than 147.72p – the highest price on 21 November – in London, the South East and East Anglia. 

The new surge in fuel prices comes as the cost of oil grows, with Brent crude topping $93 a barrel earlier this week. 

While this has pushed diesel pump prices back to record levels, the AA says the commodity price of petrol is not increasing at the same speed as oil. 

However, it warns this will come in the spring ahead of the start of the summer motoring season and higher petrol demand, particularly in the US. 

There is no relief for the UK motorist in the short-term 
Luke Bosdet, AA fuel price spokesman 

It comes as Britain faces rising energy prices and a major squeeze on household budgets, which has seen UK inflation hit a 30-year high.  

January figures released next week are set to show that the core consumer prices index will have moved higher to 5.5 per cent and last week the Bank of England warned inflation could reach 7.25 per cent in April in the wake of the increase to the energy price cap that kick in that month. 

The AA said: 'The latest jump in the price of diesel, the workhorse fuel of business and haulage, ramps up that inflationary pressure even more'

The AA said: ‘The latest jump in the price of diesel, the workhorse fuel of business and haulage, ramps up that inflationary pressure even more’ 

The record-high cost of petrol and diesel will be another stranglehold on family finances, with drivers seeing little respite from soaring pump costs for the last few months. 

Motoring groups have for weeks been criticising fuel retailers for not immediately passing on lower wholesale costs – certainly not as quickly as they hike them when commodity prices increase.

Yet fuel businesses have argued that their pricing is more complicated, pointing out that their own costs – from things like wages and energy – have also increased and therefore must be reflected at the pumps.

Luke Bosdet, AA fuel prices spokesman, said: ‘Businesses warned this week that they have no option but to pass on higher costs to consumers.

‘The latest jump in the price of diesel, the workhorse fuel of business and haulage, ramps up that inflationary pressure even more.’

He told This is Money: ‘The fact that petrol prices could have been even worse is scant comfort for drivers, who are also under threat from other inflation and council and government-driven increases in taxes such as the Workplace Parking Levy.

‘It is also documented that the fuel trade has been increasing its margins. 

‘There is no relief for the UK motorist in the short-term.’

Beat record fuel prices: 10 tips to reduce a car’s fuel consumption 

1. Make sure the vehicle is in tip-top running order

Regular maintenance and servicing improves the efficiency of your vehicle, and therefore can improve your fuel consumption.

2. Check tyre pressures

Ensuring your tyres are correctly inflated is key to making your car run efficiently. Check the owner’s manual or a sticker on the door sill to find out what the optimum pressures are for your vehicle. 

3. Use ‘eco’ mode if your car has it

Many modern motors are fitted with adjustable driving modes. If yours does it is likely to have an ‘eco’ setting, which restricts how quickly the car accelerates but will help reduce fuel consumption. 

4. Be gentle on the throttle

If you have a car without adjustable driving models, try to be as easy on the throttle pedal as possible when you can.

Excessive speed is the biggest fuel-guzzling factor so having a light right foot and ensuring all acceleration is gentle is very important to fuel-efficient driving.

When you set off from a standstill, such as at traffic lights and junctions, try not to react like you’re on the starting grid at Silverstone.

5. Use the highest gear possible 

The RAC says that the biggest secret to achieving high mpg (miles per gallon) is driving in the highest possible gear for your vehicle while keeping within the speed limit. 

‘The best advice in urban areas is to change up through the gears as quickly as you can with the lowest revs possible, probably at around 2000rpm,’ it says. 

6.  Anticipate well ahead  

Heavy acceleration will sap fuel economy, but braking too heavily also has the same impact, as you can use less fuel by coming to a standstill more gradually.

This requires a driver to anticipate traffic flow ahead, but is a great way of limiting fuel use.   

7. Cruise control isn’t the answer

While many will believe that using cruise control functionality will provide the lowest fuel use, this isn’t always the case.

Cruise control is most likely to benefit mpg on motorways with a constant speed and a flat surface.

However, if you were to use your cruise control regularly and not on flat roads, you would see fuel consumption increase.

‘This is because your cruise control would be slower to react to gradient changes, meaning when reaching the brow of a hill – at which point you would normally take your foot off the accelerator to maintain more of a constant speed when descending – your cruise control will keep the power on for a little longer as it’s unable to see the gradient change in front of you. Driving in this way regularly would lead to worse fuel consumption,’ says the RAC. 

8. Avoid using the air-con and heater

Don’t use your air conditioning unless you really have to as it uses engine power and therefore increases fuel consumption.

This shouldn’t be an issue in these cooler months, though using a car’s heater will have a similar impact, with it running off the engine power and therefore lowering fuel economy. 

Dress accordingly for the weather, is the best advice. 

9. A warm engine is more efficient, so combine journeys  

Once an engine is warm it will operate most efficiently, whereas several cold starts will increase fuel consumption.

So if you have a number of errands or trips in a day, try to do all of them in one go.

10. Lighten the load

While this isn’t going to make the biggest difference to your mpg figures, emptying heavy clutter from your car will fractionally improve its fuel economy.

And if you’re not using roof bars and a roof box, take them off as it could make your motor less drag efficient.  

According to the Energy Saving Trust, an empty roof rack adds 16 per cent drag when driving at 75mph. At the same speed a roof box adds 39 per cent, making your vehicle much less fuel efficient.

Driving with an open window also has a similar effect.

SAVE MONEY ON MOTORING

This post first appeared on Dailymail.co.uk

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