It’s lucky news for motorists, as petrol prices are slashed once again.
In one extreme case, the cost of fuel at one garage dropped to less than 95p per litre – the last time fuel prices dropped this was was in April 2009.
The family-run garage in Newtonabbey, Northern Ireland, was offering unleaded at just 94.9p. Unsurprisingly, motorists were queuing up to take advantage of the drop.
Hundreds of motorists are reported to have travelled to the garage to simply make the most of the cheap fuel.
A source told The Sun: "This garage is the one who should be championed. I couldn't believe my eyes when I saw the price. It was like going back in time."
A worker at the garage also commented: "It's been very busy since we dropped prices."
Soon, though, other select locations in the UK could reap the benefits, as supermarkets prepare to follow suit. Asda and Morrisons have already cut their prices to 99.7p and 99.9p per litre respectively.
Currently, the average unleaded price across the country is still 106.15p, with diesel costing108.73p and, although the price changes are being offered in certain places, it will still take a while for this to affect the country as a whole.
Howard Cox, of FairFuelUK, added: "These are stupendously low pump prices.
"Considering wholesale prices are 94p for diesel and 98p for petrol, it's clear these philanthropists will be making nothing at all."