Petrol up 1½d today
Highest price for 15 yrs
Quality to be maintained
Petrol will three-halfpence dearer today at 1s-9½d a gallon the highest price for 15yrs, the Petroleum Board announced last night
The increase has been agreed by the government. Existing differentials in price will be continued for the north and west of Scotland etc, and for deliveries in packages. It is pointed out that when the last increase - 2d per gallon was made on October 17th it was stated that thus only partly reflected the recent increase in costs. That advance in price was then regarded as the forerunner of future rises.
Once 4s-7½d a gallon
The retail price of petrol was fixed at 1s-6d a gallon when rationing began on September 16th. Prices of petrol until rationing began had been 1s-5d and 1s-7d. The lowest figure since the last war was 1s-0½d in 1928. In 1914 the price was 1s-7d and by 1919 it had reached 2s-10½d. In August 1920 it rose to 4s-7½d. Last week an increase of 1d per gallon in the price of pool fuel oil and pool diesel oil, except diesel oil for road vehicles was made.
Simultaneously with their announcement of the price increase the Petroleum Board issued a statement pointing out that “pool” products consist in the first place of blends of the various grades stocked prior to the war. The board comments “They are however blended to rigid specifications, and, although, appreciably better than the cheaper grades marketed before the war, are of course, not equal to the best grades previously available.
“It is the intention of the Petroleum Board at all times to maintain the quality of its products at a high level as circumstances permit, but it may, of course, not always be practicable to reserve for civilian use grades of qualities of petroleum products which may be required for war purposes, while, on the other hand the possible bearing of the shipping and foreign exchange situations on the availability of different sources of supply cannot be overlooked.”
Liverpool Daily Post
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