MOTORISTS have received some late-autumn cheer in the form of supermarket cuts to the price of petrol.

Asda, Morrisons, Sainsbury's and Tesco all announced that reductions would take effect from today.

Asda said that no one filling up at its forecourts would pay more than 126.7p a litre for petrol from tomorrow, with diesel priced at 133.7p.

Morrisons said from Wednesday it would be bringing down the price of both its diesel and unleaded by up to 2p a litre "at the majority of its sites".

The Sainsbury's reduction is "up to 3p a litre" off petrol and diesel at all its forecourts, while Tesco is bringing its petrol and diesel prices down by "up to 2p a litre".

But is this step enough? For years we have been paying much more than many other countries. Is the cut really a good deal when the prices have been going up and up for so long? Do you believe petrol prices are fixed by the oil companies? Why is Britain getting such a bad deal?

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