Free UK fuel prices. Over 8,000 petrol stations covered Thu, 03 Sep 2015 16:29:16 +0000 en-US hourly 1 Driving Gets Cheaper – Are Flights Next? Thu, 03 Sep 2015 16:29:16 +0000 reported on yesterday. Despite that, we’re still looking at a barrel of crude oil costing in the region of $50, an enormous saving compared to the $116 it was costing last year. Now you may have wondered, having seen reductions at the petrol pumps, why there have not been similar Air faressavings on flights? After all, fuel costs account for a large proportion of the fares. You wouldn’t have to be that much of a cynic to surmise that the airlines have been enjoying the extra windfall, but there is truth in the usual excuse that they but their fuel many months in advance, meaning that they don’t see savings as quickly as you might expect. Now, however, according to a report in The Mirror, it might be time for us to start enjoying the savings. Budget airline Ryanair has laid down the gauntlet and promised a “very, very aggressive” price war on winter airfares. The airline has even gone so far as mentioning a specific number: it says average fares will come down by 8%. Hopefully, as with the supermarket price war on fuel, Ryanair’s move will entice other airlines to make similar moves. According to The Mirror article, fares have actually gone UP by nearly 10% in the last year. That’s simply not fair pricing at all – so it’s about time the airlines started to share their good fortune. IMAGE CREDIT: Wikimedia Commons]]> 0 Oil Price Shoots Back Up Wed, 02 Sep 2015 16:48:58 +0000 reported on an analyst saying that the price of a barrel of crude could drop down to just over $30 per barrel. Yet in the past three days alone, oil has gone UP by 27%, according to a report today in Time Magazine.  At the time of writing, crude oil costs just under $50 per barrel, up nearly $5 on a fortnight ago. If the trendOil Drum continues, it seems unlikely the UK will get to see the litres of fuel for less than a Pound that all the national papers have excitedly speculated about. Various factors have contributed to the sudden increase in fuel prices. Tomorrow, the presidents of Russia and Venezuela will meet to discuss the potential for “stabilising” oil prices, a meeting that some think may in turn lead some of the OPEC nations to consider the prospect of cutting production. Meanwhile, output from American fracking operations is lower than was previously predicted. This essentially means that there’s less of a global glut of oil than everybody thought – and it was this perceived glut that was pushing prices so low. These recent events go to prove that trying to predict the price of oil is something of a fool’s errand – so, on this occasion, we won’t try to finish this article with any predictions of our own! IMAGE CREDIT: Wikipedia]]> 0 Bank Holiday Roads as Chaotic as Usual Tue, 01 Sep 2015 14:51:35 +0000 completely unscathed. One area that was particularly hard hit was the M5 in the South West, with the Western Daily Press reporting tailbacks of 50 miles. This key route down to Devon and Cornwall is often a nightmare at the end of a bank holiday weekend as thousands of tourists all make their way back home at the same time. According to the report, bad weather contributed to an already unpleasant situation, resulting in delays of hours. Other big delays included:
  • Queues of around three hours at the Cheshire Oaks outlet shopping mall, which cause local police to issue warnings via Twitter.
  • Drivers heading in and out of Wales caught up in huge tailbacks on the M4 around Bristol as the weekend got underway last Friday.
  • Congestion all around London’s M25 on Friday, caused by various issues on surrounding roads, including accidents on the A12.
Bank holiday travel chaos has become almost as certain in the UK as questionable weather. Did you get caught up in the traffic or decide to stay at home? If you have any stories to tell, let us know in the comments!]]> 1
Fuel’s Getting Cheaper – But Brits Still Pay More than Most Tue, 01 Sep 2015 12:12:22 +0000 report in The Mirror serves to remind readers that UK fuel prices are still very expensive when compared with prices in other countries. In fact, British fuel is apparently still the sixth most expensive in the world. The Mirror cites government taxesFuel on fuel as the key reason for this. The only countries where citizens are currently paying more for their fuel than us are Hong Kong, Holland, Italy, Norway and Monaco. Lots of recent reports have referred to the prospect of petrol at around one Pound per litre in the UK. In France, they’ve nearly hit that target already, paying the equivalent of £1.02, and in Spain motorists are paying the equivalent of just 90 pence per litre. An RAC spokesman is quoted as saying that “the British motorist pays too much tax.” Readers of The Mirror’s website seem to agree. An on-page survey asks if fuel prices are too high, and despite recent reductions, 96% of readers have clicked “yes.” If you’re one of the people who thinks fuel is still too expensive, then try not to look at the table on the report showing the cheapest places to buy fuel. In Venezuela, Libya and Saudi Arabia, petrol costs 10 pence per litre or less! IMAGE CREDIT: Wikipedia]]> 0 Do YOU Drive with the Petrol Light On? Fri, 28 Aug 2015 11:56:14 +0000 report in The Telegraph, millions of motorists drive with the warning light on “almost constantly.” If you are one of those people, perhaps you’re unaware of how little distance you can drive once the light comesFuel Prices on? 38 miles is the average distance you can drive before you run out of petrol and grind to a halt. In some vehicles, this distance is considerably shorter. The report cites the Vauxhall Astra, which typically only has 26 miles to go once that light begins to shine. It’s therefore little wonder why figures show that one in six car breakdowns are caused by drivers running out of fuel. It’s often more than 26 miles to the next service area on a motorway, so driving with the light on is perhaps more of a risk than many people realise. So, as you set off to do your driving this bank holiday weekend, keep these figures in mind – and perhaps consider pulling over to fill up a little sooner than normal! IMAGE CREDIT: Pixabay]]> 1 Morrisons Fire the Latest Shots in the Petrol Price War Thu, 27 Aug 2015 14:13:19 +0000 report in The Mirror. At the time of writing, we’ve yet to see any response from the other big supermarket chains, but usually they Petrol Pricequickly follow in each other’s footsteps. Compared to last year, drivers are saving a huge amount of money on filling up their vehicles. According to the report, petrol is on average 18 pence cheaper per litre than it was during 2014’s August bank holiday weekend. Diesel drivers are saving 23 pence per litre. The Mirror report also mentions the prospect of fuel for less than a Pound per litre. Not a day goes by at the moment without another major news outlet discussing this possibility, which seems to be becoming more likely by the day. However, we won’t yet get complacent, as the 99p petrol that briefly appeared at the start of the year was gone in the blink of an eye. As always, it’s best to take advantage of the cheaper fuel while it’s there!   ]]> 0 Do you Feel Better Off This Year? Statistically you Should! Wed, 26 Aug 2015 12:37:37 +0000 should have more spare cash, to the tune of nearly £20 per week. The survey in question is the “Asda Income Tracker” report, discussed in an article on This is Money. It statesMoney that the average UK household should have £17 more “discretionary income” available each week than they did this time last year. (To be precise, their figures compare July 2015 with July 2014). Around £70 per month in extra spare cash is not be be sniffed at, and the primary reason for it is cheaper petrol, which is currently down 11.4% on last year’s prices. Plenty of reports indicate that it may have further to fall, as we discussed yesterday. Other contributing factors are food and furniture costs, which are both down nearly 3% on July 2014. In the short to medium term, it’s unlikely that any major financial shocks are on the way. Forecasts for inflation are low, or even erring towards deflation, and it seems the price of fuel remains on a downward trajectory. Also, despite some stock market shocks this week, forecasts for steady growth of the UK economy remain in place. IMAGE CREDIT: Wikimedia Commons]]> 1 Is the One Pound Litre on the Way? Tue, 25 Aug 2015 10:01:39 +0000 again, and this time it’s rather widespread. Over the past few days, articles about petrol at less than one Pound per litre have appeared in The Telegraph and The Guardian, amongst other national papers, and there’s even been a mention on Sky News. Last time this happened the oil price was at a similar level – heading in the direction of $4o per barrel. Also, just like last time, The RAC are showing optimism. Their spokesperson has stated that petrol for around 99 pence per litre is a “prospect” if oil hits this price. His sentiments are echoed by the International Energy Agency, who predict further price reductions. Furthermore, the agency think the low prices could last “well into” next year. According to The Telegraph report, people travelling this August will pay around £7.50 less to fill up their car than they did last year. If prices continue to fall, the saving could be even more.]]> 3 More Supermarket Fuel Price Cuts Mon, 24 Aug 2015 18:09:56 +0000 The Guardian, the supermarkets are now generally selling unleaded at less that 110 pence per litreTesco – a fall of nearly 20% compared to this time last summer. Price variations from forecourt to forecourt are perhaps more pronounced than ever right now. Alongside the competitive supermarket prices, we have seen some surprisingly competitive independent garages, and the usual “captive audience” forecourts on major roads keeping their prices stubbornly high. Over the weekend, a long-distance journey around the UK demonstrated just how varied prices are currently, with diesel cheaper than petrol in some locations and the opposite scenario true in others. There’s never been a better time to use our free tool to find the best value in your area. Speculation is now really beginning to mount about the prospect of the price of fuel dropping to the 99 pence per litre value very briefly achieved at a few garages earlier in the year. A great many news sources are now discussing the idea of this, against a backdrop of falling oil prices. IMAGE CREDIT: Geograph]]> 0 Oil Prices Continue to Plunge Fri, 21 Aug 2015 11:46:16 +0000 reported in The Week, it was oil prices like this that started petrol price falls towards the one Pound per litre benchmark. However, before anyone gets too excited, it’s important to remember that these low crude prices need to remain before that will realistically happen, with fuel retailers being notoriously slow to pass on their savings. However, it’s fair to say that plenty of signs to point to oil prices remaining in the doldrums for the foreseeableFuel Prices future. The “glut” of petrol all over the world remains, and with the summer holidays drawing to a close, demand is likely to reduce. According to the report, a Citi analyst has even gone as far as saying that the oil price could drop as low as $32 per barrel, a level not seen since the economic woes of 2008. If oil prices go this low, petrol and diesel below 99 pence per litre should be almost certain. But that’s just one person’s prediction, at least for now. The only thing that does seem certain is that price increases are unlikely in the short term. IMAGE CREDIT: Pixabay]]> 3