Drivers have been given an early Christmas present after a fuel price war broke out yesterday.
Asda, one of the country’s biggest fuel providers, has announced it will be slashing its petrol and diesel prices this week.
Motorists fuelling up at Asda’s forecourts will be treated to 2p a litre off the price of unleaded and 1p less for diesel.
The Asda supermarket in Hatherley Lane, Cheltenham recorded an all-year low of 126.7ppl on petrol and 134.7ppl on diesel.
The changes were adopted in Asda’s 229 petrol stations around the country.
Fellow supermarket chain Tesco also followed yesterday, bringing their prices down by similar figures.
Tesco petrol stations around the country offer 127.9ppl on petrol and 135.9ppl on diesel.
Andy Peake, petrol trading director at Asda, said: “With Christmas just around the corner, and finances tighter than ever, we’re pleased we can do our bit to make our customers’ hard-earned cash go a little further.
“We’re putting money back in their pockets regardless of where they fill up.
“Other scrooge retailers should share the Christmas spirit and follow our lead.”
A spokesman for Tesco said: “As Britain’s biggest fuel retailer, this means more motorists can make savings and earn points at Tesco’s 498 petrol filling stations than at any other fuel retailer.”
Driving instructor Martine Weir, from Gloucester, said: “There’s no need to charge the high prices that they do, because of lot of it is tax.
“Petrol prices affect me a lot as a driving instructor.
“I use a lot of petrol, and I pay over the top for it.
“I fill my petrol tank up twice a week, and I pay a lot of money at petrol stations.”
Mark Humphries, who runs Learn Well driving school from Bishop’s Cleeve, said a 2p drop might not seem a lot but does have an effect when tallied up over an entire year.
He said: “Over a whole year, I guess it makes just a little bit of difference.”
Sainsbury’s said it will adjust its prices locally, as did Morrisons.
Pete Williams, head of external affairs at RAC motoring group, said: “Cheaper fuel is something motorists will widely welcome and comes ahead of both last-minute Christmas shopping this weekend and the rush on the roads next week.”