Hundreds of supermarkets nationwide have today cut the cost of a litre of petrol and diesel by up to 2p.
Asda, Sainsbury's and Tesco have all announced a reduction in fuel prices.
Asda announced yesterday that it would be slashing fuel prices by 2p a litre, followed by Sainsbury's and Tesco who both announced a reduction of 'up to 2p a litre'.
This means that motorists filling up at one of Asda's forecourts will pay no more than 131.7p for a litre of petrol and 137.7p for a litre of diesel.
Andy Peake, Asda petrol trading director, said: "Today's move shows that Asda is once again leading the way in reducing the price at the pump.
"Unlike other retailers, our price cuts benefit everyone across the country, meaning that no-one filling up at Asda will be forced to play a postcode lottery."
However, RAC technical director David Bizley recognised that these price cuts only solve part of the problem, saying: "The price that motorists pay on the forecourt is almost 60% tax, with a recent study showing that a record 81p from every litre of petrol sold now goes to the Treasury in fuel duty and VAT.
"What the British economy desperately needs is fairer-priced fuel on a long-term basis."
