"Recovery at Risk" Warns Road Haulage Association

By Road Haulage Association, PRNE
Sunday, November 22, 2009

The pump price for both petrol and diesel are now at their highest this year with fears of even more hikes before the end of the year.

LONDON, November 23 - Combine this with the re-establishment of the 17% VAT rate on 1 January
and things will be looking very gloomy indeed; for the economy as a whole and
for essential users of fuel in particular.

Those who have always had the luxury of buying their fuel more cheaply at
supermarkets will be looking elsewhere with Tesco, Sainsbury and Asda all
increasing their prices above those of Shell and Esso; in some areas by more
than 5 pence per litre in just four weeks.

"These constant rises can neither be sustained nor justified", said RHA
Chief Executive Geoff Dunning.

"Last month we saw the barrel price fall following concerns that a
slowdown in the global economy would dent demand. Today, we are seeing oil
tankers anchored off our coastline playing a waiting game. They will unload
their cargo only when the price of crude begins to rise.

"This seems to be an absolutely ridiculous situation, bearing in mind the
last time the price of diesel was this high, the price of a barrel stood $20
dollars
higher than it is today.

"If the UK is to stand any chance of seeing signs of an economic recovery
in the near future we need to see action NOW. To that end the haulage
industry must do all it can to at least postpone the fuel duty increase
planned for Spring 2010. UK road hauliers are already operating within the
tightest possible margins, they desperately need to be cut some slack."

"Fuel duty increases affect every single member of society. The food we
eat, the clothes we wear and the materials for the homes we live in arrive by
truck. Not only will any increase in fuel duty at this critical time come as
a severe blow to this vital industry, the inevitable knock on effect will be
to hit already hard-pressed families even harder."

It seems that there can only be one Christmas message this year. To
Government and the oil companies we say "whose side are you on?"

Road Haulage Association - phone us first

www.rha.uk.net

For more details, contact RHA Head of Media Relations, Kate Gibbs on: Tel: +44(0)1932-838917, Mob: +44(0)7979-531451, www.rha.uk.net

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