Free UK fuel prices. Over 8,000 petrol stations covered Mon, 30 Mar 2015 16:20:32 +0000 en-US hourly 1 Lower easyJet Fares Likely…Thanks to Cheaper Fuel Mon, 30 Mar 2015 16:20:32 +0000 The Express, which iseasyJet actually quite a rarity, and is thanks to the lower cost of fuel. Apparently the airline often makes a loss over the winter, catching up again in the busy summer months, but according to the report the airline could actually report a profit of up to £10 million this winter. This is expected to result in lower fares for customers, with easyJet “Chief” Carolyn McCall herself saying that they “expect lower fuel costs will be beneficial for customers as fares adjust.” On this basis, it’s fair to expect some low prices and promotions from the airline in the coming months. However, it could be wise to grab them while they’re there. The same report states that exchange rate fluctuations could have some impact on the airline, to the tune of £20 million. That could quickly wipe out the potential extra profit. IMAGE CREDIT: Wikipedia]]> 0 Events in Yemen Prove the Volatility of the Oil Price Fri, 27 Mar 2015 12:33:22 +0000 article in The Independent, the price of crude oil shot up by nearly six percent during the day yesterday, bringing the price close to $60 per barrel. At the end of the days trading, it had settled a little again, closing (still significantly up) at $58.60. The reason for the sudden jump in price was news of air strikes on Yemen from Saudi Arabia “and its allies.”Yemen According to the report, the price spike doesn’t have much to do with the actual availability of oil, but is more about people’s perception of instability in the region, and the effect it could have on supply. There’s no immediate problem here; the common consensus seems to remain that low oil prices are here to stay in the medium term and that they have “settled into a new range,” according to a Barclays Bank report. However, the Middle East is a far from stable region at the moment, and yesterday’s price surge just goes to show how much external events can have an impact on the price of oil, and in turn the price of fuel at the pumps. IMAGE CREDIT: Wikimedia Commons]]> 0 Six Million Electric Cars within Fifteen Years? Thu, 26 Mar 2015 20:59:00 +0000 reported on by Green Car Reports, includes some headline-grabbing statistics. Apparently it’s possible to reduce UK fuel imports by as much as 40% by 2030, save drivers an average of around £1000 per year, and reduce carbon emissions by nearly 50% Unfortunately, the study is built on a basis that many people will consider “pie in the sky” at this point, which is Electric Carthat there will be six million electric cars on the roads within the next 15 years – and 23 million of them twenty years later. With the best will in the world, this seems rather unlikely. The report states that two recent surveys have found that only around 1% of UK drivers are considering switching to an electric car. This figure will not be being helped by the fact that as recently as 2012 there were still fewer than 1000 charging stations across Britain. To compound this problem, the government has recently pulled a scheme that would have greatly increased the number of these charge points. There are a couple of positive signs: more people are interested in fuel economy nowadays, and more electric vehicles (in fact four times the amount) were sold last year compared to the year before. Even so, it’s hard to imagine six million of them on the roads by 2030, especially with cheaper petrol removing one of the key incentives of buying one. IMAGE CREDIT: Wikimedia Commons]]> 0 Are UK Diesel Drivers being Ripped Off? Wed, 25 Mar 2015 11:06:18 +0000 talked about the fact that UK diesel drivers are being given a hard time at the moment, especially if they live in Islington, London, where they’re now being charged an extra annual fee for parking their vehicles outside their homes. On top of this, the government seem to have completely changed their stance on diesel vehicles, now viewing them negatively in terms of pollution after supporting their use for many years. Now there’s yet another part to the story, in the form of a Sky News report stating that diesel drivers are also being “taken for a ride” with regard to the cost of their fuel. The story is based on comments from The RAC, who have found that although diesel only costs a penny more thanDiesel Engine unleaded on a wholesale level, the cost variance rises to approximately six pence more by the time the fuel arrives at the forecourt. The RAC believe that retailers are maintaining a higher margin on diesel because it’s the fuel used by the majority of commercial vehicles. The Petrol Retailers Association has defended the pricing, saying that a lot of the diesel fuel purchased in Britain is purchased for business use, using fuel cards, the use of which carries certain “tax incentives.” However, this will be of little comfort to those who have chosen a diesel car as their personal vehicle, perhaps even because the government suggested it was the wise thing to do at the time. Interestingly, the “state stance” on diesel varies across European countries. Britain is one of a few countries currently charging more for diesel than for unleaded, but most other EU nations, including Austria, Belgium and France, all charge less for diesel. IMAGE CREDIT: Wikimedia Commons  ]]> 0 Petrol Sales Up…Finally! Tue, 24 Mar 2015 11:42:39 +0000 report from last month, we revealed that (based on December figures) fuel sales were actually down on the previous year, to the tune of millions of litres. However, it seems we have now turned a corner. According to a Fleet News article, low prices have finally enticed DrivingUK motorists to do some extra driving. The report is based on official figures from HM Revenue and Customs. They reveal that February’s fuel sales were 3.5% up on the year before, amounting to an extra 133 million litres flowing into fuel tanks. For a long time it was believed that motorists were exercising caution, despite the price drops, perhaps made cynical by huge rises in the past. It now appears people are more confident that low(ish) prices will remain. As Simon Williams, the RAC spokesman, puts it: “we now have evidence of a marked increase in journeys and mileage.” Let’s hope this new consumer confidence continues. IMAGE CREDIT: Wikimedia Commons]]> 0 AA Suggest £1 per Litre Petrol is becoming a Distant Dream Mon, 23 Mar 2015 16:41:09 +0000 report in The Gloucestershire Echo, pump prices are “on the rise again,” as far as the AA are concerned. The report quotes AA President Edmund King as saying that “events in the oil and fuel markets in recent weeks send a dismal message to drivers,” and blames “commodity market speculation” for the volatility of fuel prices, and the recent increases. Just a few months ago, the prospect of 99p petrol seemed highly likely, and did actually become a reality at a few The AAservice stations, although many believed the retailers who offered 99p unleaded were doing so at a loss and / or for publicity reasons. As the year has progressed, prices have crept up, and the only sub-one-pound petrol recently has been at Sainsbury’s supermarkets as part of a promotion that involved spending on groceries to qualify. That promotion is now over. Those looking for a silver lining in this particular cloud, however, should perhaps look back to when petrol at under a Pound was being widely discussed in the run up to last Christmas. The AA were pessimistic then, but their counterparts at The RAC were a lot more positive. The chances are we’ll hear their take on the matter in the days ahead. IMAGE CREDIT: Wikimedia Commons]]> 0 Are Brits being Ripped-off for Parking? Fri, 20 Mar 2015 11:48:27 +0000 discussed here). The latest motoring controversy is related to excessive parking charges. A recent report in Scotland’s The Daily Record has revealed that councils across the UK made themselves a tidy £667 Million surplus in parking fees in the financial year of 2013 to 2014. That’s an awful lot of money that’s not being ploughed back into investments for motorists, and the tone of the Car parkarticle is very much one that seems to encourage drivers to become more “organised” and vocal about their dissatisfaction. While the article points out that some councils, such as Falkirk, are bringing in some innovative ways for residents to save money on parking (with their “Free after Three” promotion), most others seem to be profiting unfairly from motorists. According to the RAC Foundation report that the article refers to, the parking charge surplus is up for the fifth year in a row, and up by more than 10 percent on the year before. Meanwhile, road tax has increased as well for the majority of people, but (according to the article) “real terms” council investment in road infrastructure has steadily fallen over the past five years. It certainly all seems like fair reason for complaint, and a fuel duty freeze clearly isn’t enough to stop people noticing these other realities. IMAGE CREDIT: Wikimedia Commons]]> 0 It’s not just Cheaper Fuel that can Save you Money on Motoring Thu, 19 Mar 2015 12:01:22 +0000 report in Retail Times. Quoting advice from a car hire company, the article points out that introducing “measures” to reduce fuel consumption can reduce your spend on fuel regardless of what’s happening with the prices at the pumps. The advice is primarily aimed at businesses who run several vehicles, but is no less relevant to families and individuals. For starters, regular car maintenance is recommended. Aside from maintaining a service schedule, this also Drivingspreads to things you can do yourself, such as regularly checking tire pressures, renewing filters, and keeping lubricants topped up. Failing to do any of these things can result in reduced fuel economy. The car hire company also state that “aggressive driving” can “really ramp up fuel consumption,” and define this “aggressive driving” as anything from breaking harshly, failing to properly map out a route or making too much use of air conditioning. Anecdotally, we can confirm that small changes in driving behaviour can really impact fuel use. On a recent 1000 mile trip across Europe, the pace of our own fuel use noticeably dropped on slower and busier English roads, compared to the quiet motorways in Spain where we could maintain a faster speed. So whenever petrol prices creep up, remember that you can play your own part in reducing your fuel bill! You can also use our free tool to make sure you get the best value in your local area. IMAGE CREDIT:Wikipedia]]> 0 UK BUDGET: Government Retains Fuel Duty Freeze Wed, 18 Mar 2015 14:09:06 +0000 apparently saves families £10 each time they fill their fuel tank. The announcement of this freeze will perhaps go some way to pacifying campaigning groups. However, plenty of people were hoping for more, in the form of an actual cut in fuel duty. Moving aside from the government’s rhetoric, there should really be some room for further manoeuvre on fuel duty. As we discussed in a recent news item, British petrol is actually the second cheapest in the whole of Europe, until taxes are added on in the form of fuel duty and VAT. It’s perhaps worth keeping this in mind before regarding this freeze announcement as “generous.” In other budget news, Osborne also announced a comprehensive overhaul to taxes affecting the North Sea oil industry, to protect it from the fallout caused by the reduction in global oil prices. These changes include a backdated reduction of 10% in the supplementary tax charge for oil companies, as confirmed in a BBC report. IMAGE CREDIT: Flikr]]> 2 Take Care on the Roads this Friday Morning! Tue, 17 Mar 2015 12:16:38 +0000 almost completely cover the sun, with 97% coverage expected in the Shetland Islands, and 84% coverage in the London area, according to a report from The Independent. The last eclipse of this nature took place back in 1999, but this is the first time one has every occurred during a “modern day” rush hour. Various organisations, including the Highways Agency and the Royal Astronomical Society, have warned of the potential dangers. The eclipse will result in some very unusual visibility, and drivers could become distracted whilst trying to view it. Needless to say, even the most attentive drivers could be put at risk if other road users are having their attention diverted. The report states that looking directly at the “thin sliver of sun” that will remain could be dangerous. One primary school has already stated it will not allow pupils to watch the eclipse due to “health and safety concerns.” So, if you want to watch this historical eclipse, please do so from a place of safety, and not from behind the wheel of your car. IMAGE CREDIT: Wikipedia]]> 0