Motoring organisation the RAC is predicting that petrol prices will fall below £1 a litre in the new year.
If fuel prices fall below the £1 barrier in January it will be the first time in nearly six years they have been that low.
In recent months the price of crude oil has plummeted, leading to a gradual fall in prices at the pumps.
Currently, the average price for unleaded at supermarket pumps is around £1.18 per litre, with diesel at £1.25 per litre.
Do YOU think we are paying a fair price for petrol at the pumps? Leave your views in our Comments section below.