Fuel Prices Climb in Blackburn; Petrol Nears 180p Per Litre
What happened
Fuel prices are reported to be rising sharply in the Blackburn area, impacting consumers at the pump. Petrol prices in some parts of Blackburn are nearing 180p per litre, while diesel has surpassed 200p at several locations. The cheapest unleaded petrol in Blackburn was reported at 169.9p at Esso’s Rangehill Filling Station. Meanwhile, diesel costs at Frontier Park Services reached 203.9p per litre.
Why it matters
The average price for petrol is reported to be around 172p a litre, with diesel averaging above 196p. The AA noted that every 6p increase in pump prices includes an extra penny in VAT for the Treasury, prompting calls for fuel duty relief for small businesses.
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- EssoSpeculative
Esso might see its revenue and cost structure impacted by market price increases as a fuel retailer.
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The entities involved
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Blackburn
town in Lancashire, England
Nothing else this week.
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Esso
American oil and gas station brand
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Office for National Statistics
United Kingdom's principal government institution in charge of statistics and census data