Fuel Price Report – February 2006

FUEL PRICE REPORT – FEBRUARY 2006

Despite crude oil prices being over $64 a barrel for more than half the month, fuel prices only increased by a marginal amount. (When oil prices were this high last summer, the average pump prices were around 4p a litre higher). During this period, the major oil companies released their bumper end-of-year profits, although these were made primarily on the exploration of crude oil and not at the retail end of the business. Oil has just dropped below $60 a barrel, but there is little hope that it will fall back to the $44 a barrel price of approximately a year ago.

Unleaded increased by 0.6p a litre to 90.0p. Diesel also increased by 0.6p a litre to 94.1p.

East Anglia still has the highest price of Unleaded at 90.6p a litre. Wales and the South West are just below at 90.4p a litre. North West has the cheapest at 89.4p per litre. Wales has the highest diesel price at 94.2p a litre and the North West has the lowest at 93p a litre.

Supermarket prices for both unleaded and diesel went up by 0.7p a litre.

LPG went up by 1p with Supermarket prices only increasing by 0.1p.

Overseas prices have also increased, in some instances by a much higher amount that in the UK, which leaves the UK with the 6th highest Unleaded prices in Europe.

Unleaded 95 Octane Dies Super unleaded LPG el litres (gallons) litres (gallons) litres (gallons litres ) Northern Ireland 89.7 407.8 94.7 430.5 96.7 439.6 42.5 Scotland 89.6 407.3 94.2 428.2 95.5 434.2 44.7 Wales 90.4 411.0 94.7 430.5 94.6 430.1 42.7 North 89.8 408.2 94.3 428.7 96.3 437.8 43.4 North West 89.4 406.4 93.5 425.1 95.8 435.5 43.8 Yorkshire & Humberside 89.6 407.3 93.9 426.9 95.5 434.2 41.3 West Midlands 90.0 409.1 94.0 427.3 96.3 437.8 45.5 East Midlands 90.2 410.1 94.2 428.2 96.1 436.9 45.3 East Anglia 90.6 411.9 94.5 429.6 96.2 437.3 45.1 South East 90.1 409.6 94.0 427.3 95.9 436.0 46.5 South West 90.4 411.0 94.4 429.2 95.5 434.2 45.2 London 90.1 409.6 93.8 426.4 96.1 436.9 46.1 UK AVERAGE 90.0 409.1 94.1 427.8 95.9 436.0 44.7 Per cent taken as Tax 67.2 64.9 67.2

Supermarkets Unleaded 95 Octane Diesel Super unleaded LPG litres (gallons) litres (gallons) litres (gallons) litres

SUPERMARKET AVERAGE 88.5 402.3 92.5 420.5 92.1 418.7 41.0

Per cent taken as Tax 68.1 6582 69.4

* The AA Motoring Trust Fuel Price Report uses data sourced from Catalist Ltd & Arval (www.catalist.com) They are an average of mid-month prices from the respective regions. OVERSEAS PRICE COMPARISONS

Using currency exchange rates as at 16 February 2006 quoted in local currency and UK pence equivalent. Source of overseas price comparisons: European Road Information Centre (Geneva), and based on a twice-monthly sample.

EUROPEAN FUEL PRICES

Local Currency per litre UK pence per litre Country Currency Unleaded Diesel Unleaded Diesel Austria Euro 1.42 0.98 100.20 69.08 Belgium Euro 1.33 1.08 94.07 76.07 Czech Republic Czech Koruna 28.00 27.70 70.00 69.25 Denmark Danish Krone 9.55 8.69 90.95 82.76 Finland Euro 1.26 1.01 89.06 71.06 France Euro 1.22 1.06 85.74 75.08 Germany Euro 1.24 1.10 87.71 77.62 Greece Euro 1.02 0.99 71.84 69.93 Netherlands Euro 1.35 1.04 95.34 73.39 Hungary Forint 262.80 262.30 75.52 75.37 Ireland Euro 1.08 1.09 76.49 76.56 Italy Euro 1.25 1.15 88.21 81.29 Luxembourg Euro 1.05 0.90 74.09 63.37 Estonia Kroons 13.35 13.35 62.24 62.24 Norway Norwegian Krone 10.90 10.00 94.73 86.91 Latvia Lats 0.62 0.63 64.02 65.15 Lithuania Litas 3.07 3.07 61.65 61.65 Poland Zloty 3.72 3.68 70.99 70.23 Slovakia Koroan 37.60 39.90 72.45 76.88 Slovenia Tolar 228.30 224.70 66.17 65.13 Portugal Euro 1.25 1.04 87.93 73.11 Spain Euro 0.99 1.00 70.07 70.50 Sweden Swedish Krona 11.24 11.03 85.80 84.20 Switzerland Swiss Francs 1.62 1.72 74.65 79.26 United States of America US Dollars 0.60 0.68 35.57 40.20

Note: We receive international prices to 3 decimal places and calculate the UK pence per litre on that price. Therefore, some countries will show the same price in their local currency to 2 decimal places, but the UK pence price could be slightly different

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