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MSE News: Asda and Tesco to cut petrol prices

in Motoring
17 replies 2.4K views
"Motorists filling up at Asda and Tesco forecourts will be able to take advantage of a cut in petrol prices..."
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Asda and Tesco to cut petrol prices

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  • Spot the difference from the last 3 Asda press releases to this site. (Yes there isn't any for when they put the price up)

    Nick Durrant
    MSE News Reporter
    13 January 2014

    "set a new national cap of 126.7p per litre for unleaded"


    Amy Ellis
    Money Features Writer
    17 December 2013

    "no more than 126.7p per litre for unleaded "

    Helen Knapman
    Senior News Reporter
    29 October 2013

    "will pay no more than 126.7p a litre for unleaded"
  • TotalityTotality Forumite
    1.9K Posts
    Groundhog Day?

    Come on, stop with the petrol price cut stories...or at least balance things out by writing about every price increase.
  • VT82VT82 Forumite
    1.1K Posts
    Tenth Anniversary 1,000 Posts Combo Breaker
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    A 'cap' is only worth something if it has a length of time attached to it.

    Imagine a capped mortgage sold as 'we'll cap your rate at 3.99% (cap guaranteed until a month after your mortgage starts)'. That's not a capped mortgage, it's a variable rate mortgage.

    This isn't a cap, it's a price cut.
  • AquamaniaAquamania Forumite
    2.1K Posts
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    VT82 wrote: »
    ...This isn't a cap, it's a price cut.

    Perhaps the Asda term of a 'roll back' of recent, unannounced prices rises would be even more appropriate :)
  • edited 13 January 2014 at 4:53PM
    AquamaniaAquamania Forumite
    2.1K Posts
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    edited 13 January 2014 at 4:53PM
    Asda today (Monday 13th January) announced it would be cutting fuel by up to 2 pence per litre bringing its lowest price on diesel since July 2012.

    From tomorrow morning (Tuesday 14th January) drivers filling up at any of Asda’s 229 forecourts nationwide will benefit from the retailer’s new national price cap on diesel and unleaded, meaning motorists will pay no more than 133.7 pence per litre for diesel and 126.7 pence per litre on unleaded.

    Andy Peake, Asda’s Petrol Trading Director said: “With the latest price cut we’re now seeing the lowest price on diesel since July 2012...
    http://your.asda.com/press-centre

    That's odd, because I have a receipt here for diesel purchased from Asda in November 2013 and that cost 133.7 pence per litre.

    Edit: in fact 2 separate purchases - one on the 7th and one on the 17th
  • harrys_dadharrys_dad Forumite
    2K Posts
    Part of the Furniture 1,000 Posts Combo Breaker
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    Asda has raised petrol and diesel prices at least twice in the last two weeks, so maybe just putting them back where they started. MSE should have more sense than to keep publishing this twaddle.
  • edited 13 January 2014 at 8:49PM
    taximania123taximania123 Forumite
    5 Posts
    edited 13 January 2014 at 8:49PM
    stupid story , why do you print it , pre xmas it was 126.9 , now its 128.9 and it might go down for a few days and then they put it back up again , Tesco does not even join in , their price is dependant on location !
    What a waste of time reporting it ...unless someone is prepared to offer a lowest price guarantee its not news .
    By printing this rubbish you are almost joining the cartel
  • Another non new story from the mse team.

    Petrol prices have been hovering around this level for the last 2 years
  • dacouchdacouch Forumite
    21.6K Posts
    Part of the Furniture 10,000 Posts Name Dropper
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    Aquamania wrote: »
    Anyone else noticed that all the supermarkets quietly upped the price of their fuel 1p on a litre this week?

    Strange how there was no big announcement
    Even stranger that the increase occurred at all, what with crude oil prices (in USD) falling and the GBP gaining in strength against the USD.
    Suppose it might be a case of supply & demand, what with everyone going back to work in their cars after the Christmas break and all the lorries getting back on the road.

    Perhaps there'll be another big announcement of how the supermarkets are helping us all slash the cost of motoring in these austere times by knocking 1p off a litre soon?
    Towards the end of this month perhaps?
    :cool:

    ^^^^^ This
  • moleratmolerat Forumite
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    Part of the Furniture 10,000 Posts Name Dropper Photogenic
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    gsmlnx wrote: »
    Spot the difference from the last 3 Asda press releases to this site. (Yes there isn't any for when they put the price up)

    Nick Durrant
    MSE News Reporter
    13 January 2014

    "set a new national cap of 126.7p per litre for unleaded"


    Amy Ellis
    Money Features Writer
    17 December 2013

    "no more than 126.7p per litre for unleaded "

    Helen Knapman
    Senior News Reporter
    29 October 2013

    "will pay no more than 126.7p a litre for unleaded"
    It would not be so bad if they did actually put it down to that price, my local certainly did not in December, only went to 127.7p.
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