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Demand for diesel still riding high

  • 04 July 2014
  • By Robin Meczes

UK demand for diesel road fuel in the first quarter of 2014 was 3% higher than in the equivalent period last year,  new figures from the Department for Energy and Climate Change (DECC) have shown. 

Demand in Q1 for road diesel, including biodiesel, reached 6.58 billion litres, compared with a revised figure of 6.39 billion for Q1 2013. Past demand patterns suggest Q1 is typically the weakest quarter of the year. 

Of total road diesel demand, 1.8 billion litres (up 2.5% on Q1 2013) were sold through supermarket forecourts, while 2.3 billion litres (up 6.3%) were bulk deliveries direct to end users, showed the DECC statistics. 

Demand for petrol, meanwhile, continued its long-term slide, falling 4.1% compared to the same quarter last year, to 4.25 billion litres (Q1 2013: 4.43 billion litres).

In March, FairFuelUK (FFUK) founder Howard Cox denied that rising demand for diesel demonstrated the UK’s fuel duty rates were not overly punitive, and promised the FFUK campaign to secure a 3p/litre cut in tax would continue

Since then, a Treasury report has admitted that replacing a planned increase in fuel duty with a 1p/litre reduction in the 2011 Budget resulted in a significant boost to the UK economy.

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Article source: http://www.commercialmotor.com:80/latest-news/demand-for-diesel-still-riding-high