After a considerable drop in fuel prices, experts say they are still too high, Government under growing pressure, what to come next?

UK recently have seen the biggest drop in fuel prices which is, in fact, the lowest since last five years. But what really alarming and putting a lot of pressure on David Cameron government is, the forecast from experts that the prices will go further down. Some experts are even saying that the government is not doing much to help the motorists in this regard and prices should be under £1 per litre.

Mr Prime Minister and Chancellor George Osborne have called on oil companies to pass on savings to the motorists while their taxed amount is at the six years high. In the present situation, every 70p of each pound spent on fuel, goes to Whitehall funds. Director of RAC Foundation, Professor Stephen Glaister said, “The Chancellor publicly urged fuel companies to pass on oil savings to motorists. Clearly he thinks the price of fuel is still too high. His easy solution is to cut duty further.”

Currently, petrol is on sale at 106.8p per litre and diesel for 114p on average in UK and the Foundation found that the motorists are better off £330m comparatively to last year. The prices can have a further fall as to set an example, a man from West Midlands took a stand against price war between supermarkets to show how prices are still too exaggerated. He is running three Harvest Energy garages near Birmingham and selling petrol at 99.7p per litre and claims that he is still earning profits. He said that “the supermarkets are part of a big scandal and cheating the people.”

People who are living in the remote areas are enjoying a 5p per litre reduction from government but there is a chance to increase it up to 17p in mainland areas like Scottish Highlands, North Yorkshire and Devon in near future.Chief Secretary to the Treasury Danny Alexander said: “This is great news for motorists in these areas, as their cars are a necessity, not a luxury. I want to make sure we’re ready to apply this as a top priority.”

Debates and rebates are still continue as fuel prices further to go down in the near future according to experts.