The latest PetrolPrices survey, released on 13th April, revealed that recent fuel price increases have had a dramatic effect on driver behaviour. Just over 41% of the 3,033 responses claimed that the price rises had a significant effect on their finances, with a further 41% noting that the increases had a moderate effect.
A large number of people have changed their driving habits, with 70% detailing how things have changed. More people are driving less overall, combining their trips and looking to drive more efficiently. A little over half of those who said their behaviour had changed are shopping around for prices more than they used to.
Use of the PetrolPrices app in March was over five times that in February, clear evidence that motorists were looking for the best price for fuel.
The increase in fuel prices hasn’t led to a significant increase in the number of survey respondents who said they would consider purchasing an electric vehicle next time.
The percentage has increased to 9.8%, up from 8.1% when we surveyed our user base last summer. Over 44% will look to buy a petrol car next time, with 23% looking to buy a diesel car and the same percentage looking at a hybrid.
Roughly a third of people had experienced local fuel shortages, with a similar number caught in long queues for fuel. However, 40% hadn’t experienced any issues with supply or longer queues.
Asked how the government should respond to the increase in prices, 79% want a cut in fuel duty, and 74% would like the 20% VAT rate on fuel reduced. A little over half would like to see a temporary price cap brought in.
You can keep up to date with our surveys by either regularly checking on live surveys to take part in on our Survey Page. Or by creating an account with us an ensuring you are are opted in for third party market to recieve survey invitations from us.
Good to see greed hanging on in there. The price of oil has dropped daily for over a week yet forecourts are still raising prices!
Over a 30 mile stretch on a dual carriageway or motorway, the difference between doing 70mph and 60mph is 4 minutes and 30 seconds. But the fuel savings can be quite noticeable if you’re doing the same route regularly.
If you’re someone who regularly travels at 80mph, not only are you risking a fine and points, dropping to 60 would lose you 8.5 minutes over the same distance, but the fuel difference would be very significant.
https://www.youtube.com/shorts/MOpgVAcyIhM
If oil tankers travel at roughly 15 miles an hr how come price rises travel at the speed of light???