Record High Fuel Prices - It's Time To Compare Auto Before Getting A New On

March 27, 2012 - PRLog -- Fuel prices have hit an all-time high and continue to rise nearly every day across the globe. The average price for unleaded petrol in Britain rose to an all-time record 137.79p per litre as of Monday 5 March. This sis the very reason why you need to compare auto before you buy a new one and check its fuel usage. You can do a compare auto for FREE here http://cheapcarinsurancequotes.eazs.com/prld-autoinsurance

Diesel prices have also shot up in price to 144.92p per litre, and prices continue to rise every 24 hours. Now, pressure groups and industry figures are pressing the government to do something about it.

The price increases seem to be a result of the tensions between Iran and the West, along with several of the world's oil-producing regions experiencing unrest. The pound's weakness against the American dollar also makes oil more expensive for the British motorists and car insurance policyholders. You can do a compare auto for FREE in this site I found at http://cheapcarinsurancequotes.eazs.com/prld2-autoinsurance

The AA president Edmund King told Auto Express: "This new record for petrol and diesel just confirms what every family and business knows - fuel prices are hurting them badly and there seems no stopping them.

"We have asked the Chancellor to do what he can to protect the UK economy from fuel market volatility and record high prices which are stemming growth."

The AA is calling on the Chancellor George Osborne to cut duty on fuel, as are the FairFuelUK group, who will deliver a report on petrol prices and its effect on business to 10 Downing Street. The Centre for Economics and Business Research (CEBR) produced the report, which puts forward the case that even a small 2.5p per litre cut would help create 180,000 jobs.

"For months, the Government has been wheeling out the same old argument that it 'can't afford to cut duty'," FairFuelUK's spokesman Quentin Wilson told the Press Association.

"Here is concrete evidence that it can make such a cut. Families and businesses are being crushed by these cruel levels of tax - 82p on every litre we buy. It's damaging the economy and holding back growth."

The presentation of the report will be followed by a mass lobby of MPs, who are also pressing for fuel duty reductions.

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