May 2013

Trends and Resources

HP Impact: UK consumers buying less fuel at the pump

In the last 10 years, average UK fuel prices have almost doubled, rising from 73.68 p/l to 136.26 p/l for unleaded gasoline, and 75.57 p/l to 142.39 p/l for diesel. The latest retail marketing survey,..

Thinnes, Billy, Hydrocarbon Processing Staff

In the last 10 years, average UK fuel prices have almost doubled, rising from 73.68 p/l to 136.26 p/l for unleaded gasoline, and 75.57 p/l to 142.39 p/l for diesel. The latest retail marketing survey, conducted by the Energy Institute (EI), shows there are more registered UK vehicles on the road than ever before, yet total fuel sales have dropped by 6% since 2002. A cutback in fuel sales suggests improvements in engine performance and fuel economy, combined with changes in driver behavior. This is supported by diesel sales outperforming gasoline for the second year running. The number of gas stations in the UK stood at 8,693 at the close of 2012. This is compared to 1967’s all-time hig

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