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Page added on June 10, 2008

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UK: Petrol sales fall 20pc as drivers feel the pinch

British motorists are shunning their cars following record rises in the price of fuel, the International Energy Agency said on Tuesday.


The IEA, a widely respected body, said that “British motorists are clearly driving less” following a doubling in crude oil prices over the past year


Petrol retailers have disclosed that fuel sales dropped sharply over the past few weeks and the latest figures appear to show that demand for petrol in Britain has slumped by as much as 20 per cent over the past 12 months.


According to the IEA, a part of the Organisation for Economic Co-operation and Development, motorists are instead choosing to take public transport as their cars become too expensive to run.


Telegraph



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