Litre of diesel could hit €1.60

COST-CONSCIOUS motorists who opted for diesel cars to save money are finding the fuel costs as much — if not more — than petrol on the garage forecourts.

The Automobile Association (AA) has warned that diesel prices look set to rise further due to growing world demand.

Budget 2012 won’t help hard-pressed drivers much either as carbon taxes and VAT increases are all being predicted. The AA has said it is possible diesel could hit €1.60 per litre after the December budget.