Over the last 10 years, average fuel prices have almost doubled, rising from 73.68 p/ltr to 136.26 p/ltr for unleaded petrol and 75.57 p/ltr to 142.39 p/ltr for diesel. The latest Retail Marketing Survey from the Energy Institute (EI) has also shown that there are mow more registered UK vehicles on the road than ever before, yet fuels sales have dropped by 6% since 2002.
The cutback in fuel sales suggests that there have been improvements in engine performance and fuel economy, combined with changes in driver behaviour. This has been supported by diesel sales out performing petrol for the second year running.
Key survey findings
- At the end of December 2012 there were 8693 operational filling stations in the UK.
- Petrol sales fell marginally to 13.42 million t by the close of 2012.
- Diesel sales totalled 13.86 million t by year end.
- Total 2012 road fuel sales fell slightly to 35.35 million t.
- By the close of 2012, unleaded petrol prices had averages 136.26 p/ltr.
- Registered UK vehicles once again broke records to read 36.71 million by end 2012.
Adapted from press release by Claira Lloyd.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/27032013/uk_fuel_demand/