Petrol retailers have called for a freeze on fuel duty to help reduce forecourt prices even further. The cost of petrol is 9% less than three months ago as oil prices plummeted to their lowest level for a year, according to the AA. This offers consumers a modicum of comfort during the turbulent financial situation, with a 50-litre refill now £5.33 cheaper than when unleaded reached a record high of 119.7p on July 17. But prices are still over 11p a litre more than this time last year, an equivalent increase of £5.70 for a 50-litre refill. Ray Holloway, director of the Petrol Retailers Association (PRA), said: "Gordon Brown always has the ability to reduce fuel prices through a fuel tax reduction, but avoids it. "The price of fuel at the pump is influenced by a range of factors beyond just the price of a barrel of oil but...
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