When will we stop experiencing fuel price rage?News entry
dated 15th Jun 2012
Fuel price rage is a common condition experienced by many motorists. There is currently no cure and it is becoming increasingly difficult to control. It all starts when you get into your car, head to the petrol station and start filling up with fuel. The symptoms start to show when you look up at the fuel counter and watch the ££s going up and up and up. The pump nozzle then clicks, you know the tank is full and you are left staring at the huge bill you are now expected to pay so that you can drive off the forecourt and get on with your day.
This rage isn’t a recent condition, it wasn’t triggered by the fuel price hikes since the recent recession, many motorist have had to deal with this rage for over 30 years now. In the early 1980’s, motorists became angry when petrol prices reached 36p per litre (£1 per litre in today’s terms) and many demanded price reductions. Since then the price of fuel has continued to soar, and it seems motorists haven’t been able to shake off that feeling of rage.
This year, motorists were expected to pay on average 142.4p per litre for Unleaded and 155.98p per litre for Diesel when fuel prices peaked back in April after the threat of strikes from tanker drivers. A bit of light relief came this month as motorists experienced prices dropping by more than an average of 4p per litre since mid May. This is the second month motorists have experienced a drop of this kind. However, many people still think the average 8p drop since April isn’t enough, and it’s simply the calm before the storm as the Chancellor is planning on increasing the duty on fuel by 3p per litre in August.
What’s the solution? If fuel prices are set to increase again in the coming months, how can you avoid experiencing further fuel price rage? Many motorists are campaigning to stop the planned fuel duty increase, arguing that if duty didn’t increase it would help businesses and stimulate growth in the economy. The government reply by claiming that if duty was not increased, interest rates would have to go up across the economy, and this would have a detrimental effect on society. A difficult conundrum; we need more disposable income to keep the country spending and if fuel duty goes up then there will be less disposable income, but if it stays the same the duty will be offset through inflation which will also mean less disposable income.
There seems to be no easy solution to bringing down the price of fuel, so, the only way sufferers of fuel price rage can reduce the symptoms, is to try and reduce their consumption of fuel. Although this is an impossible task for many who have no choice but to drive, there are a number of techniques you can put in place to keep your fuel consumption to a minimum. Read our tips on how to get more miles to the gallon when you drive and save money on fuel. You could also consider cycling to work or other destinations. Love to ride show you how enjoyable and beneficial it is to cycle more and cycling can considerably minimise the symptoms for fuel price rage sufferers.
Do you suffer from fuel price rage? Do you ever think it will end? What’s the best solution for reducing petrol prices and minimising symptoms for fuel rage sufferers?