fuel to reach £2.00 per litre and possibly £2.50

[ivykaty44]

This is being reported as oil prices rise and a ban on Russian oil is muted

Will this bring a surge for electric cars or will people adapt to other methods of transport?

Im getting a good 55mpg presently but thinking of just using car for long trips - anything over 10 miles and sticking to the bike for shorter journeys. Id rather save fuel for visiting family 100 miles away and even at £2.50 it would be £45 a return journey which is still cheaper than the train & tram at £64

Can people give shell a miss - their actions in buying from Russia are breaking the benefit of international sanctions for Russian war crimes.

@ImAvingOops

I've just paid an electric bill of over £1000 for 3.5 months. There's no way I'd buy an electric car now. It's scary, literally everything is going up!

It is scary and the Government are doing f*ck all about it. And Sir Kier has said recently that he is putting on hold his calls for Boris to resign so basically no one is holding our to account for allowing masses of people to fall into a life of poverty. They simply don’t care!

I think prices will settle. If we stop buying from Russia then China will take the oil instead (they will want to prop up their buddies). So the supply that China current gets elsewhere will become available. If the world economy suffers then OPEC may agree to increase supply.

I'm really worried about the cost of agricultural diesel. It is now €1.12 per/l this time last year it was €0.65 per/l I know that is is substantially cheaper than car diesel which is now €1.96 in my local garage. That is a colossal increase which as farmers we cannot absorb and still make a living so the cost of food will have to go up.

I’m definitely going to cycle to work more

I would do the same if that was an option for me Quebec but my work is too far away for me to do that and I have to do the school run on the way to work too.

We live in central London and we've never needed to own a car here. We use public transport almost daily (it's free for me due to a disability pass and all children are free). DH takes a bus to work but we plan to move closer so he will be walking distance, and we'll be walking distance to DD's school too. We do use the train for day trips etc but it's generally leisure trips so we can cut back on that if necessary (although it's mostly during the summer so not very frequent anyway).

There will be other impacts on our household, we get our groceries delivered and generally food and other goods will increase due to higher transport costs. But we aren't big consumers and we can avoid some of that to an extent by reducing what we purchase.

Our nearest station was charging 168.9 yesterday morning. Any other station is out of our way, but I think it'll be worth filling up elsewhere if we can wait until we need a full tank.

I do most of my shopping on foot anyway as there are two supermarkets close to work, which is about a 10 minute walk. Think I'm going to make a concerted effort to do it all on foot. We live on edge of countryside, so think we'll start going on more local walks (like we did in lockdown) and take a sandwich, rather than drive somewhere. Really going to try and limit trips to DH getting to work, dropping things off for my elderly Mum.

Extremely worrying though, there are going to be so many struggling with fuel, energy, food and general products going up

Can people give shell a miss - their actions in buying from Russia are breaking the benefit of international sanctions for Russian war crimes.

I avoid Shell anyway, the only time I've ever had my credit card cloned was there (misses point of thread).

TheirTheyre Depending on your disability there are various bike adaptions, some with electric. My cousin has an adapted etrike due to mobility meaning she can’t walk

have we ever seen fuel prices reduce by much? Right now it's boom time for the profits of the oil companies. Re electric vehicles, once the fuel duty looses hit a certain point the cost will be transferred to electric vehicles via a tariff on power OR the big dream of road pricing. Govt could reduce vat on fuel but lets not hold our breath

have we ever seen fuel prices reduce by much?

It dropped sharply to less than £1 a litre in 2020.

I can’t get any heating oil….I’ve tried 3 companies have have just dropped to 2 sodding blobs!!!

It’s going to be a cold few days/nights for us lots of cold showers until I can find some then I’m looking at £500 for 500l which is stupid money and I just can’t afford it 😒

Fuel is around 1.60 at the moment it’s going to get the point I can’t afford to get to work! I live rurally and have to drive to work there is one bus a day…which takes me in the wrong direction. I have to drive the kids to school which is around 30 miles for both trips no safe way of getting there without driving!!

It’s all doom and gloom in the Jungles house 😒

We will be using an electric car from April. What we save on petrol will go on energy bills. In the end I doubt we will be worse off.

@deadlanguage

Potentially more people who can will use other forms of transport and that drop in demand will stabilise prices somewhat for those who are dependent on it. But I am very glad that I consciously chose to live somewhere with good public transport. We walk or get the bus around town, DP cycles to work or gets the bus if it’s icy, and I get the train.

@Samcro obviously I don’t know about your DD’s individual needs but buses are wheelchair accessible by law.

Obviously you have missed the wheelchair on buses threads on here. No way would i put her through that. She has a motorbility vehicle.

Stuffed here, have you drive a lot for work and unlikely to be able to afford electric car soon. Have to start cycling everywhere locally.

I used to spend £50-60 on diesel per week. If that goes up to £100-£120 (I am thinking £2.50-£3 a litre), then I will consider use of car.

I am not very mobile (probably should have a blue badge) and live in a rural area - 5 miles from nearest public transport.

There are journeys I have to make - driving the children to the school bus every morning - that is a 6 mile round trip for 7:30am. I'm not going to make them walk down an unsafe road with cars doing 60 in the dark. Likewise I have collect the DC from their dad's or I won't see them at all.
Work - Well how to get to work - I suppose I could leave my car on the street somewhere there is public transport to work. It's balance between cost of the bus ticket vs petrol and convenience.

There are some easy wins - consolidating any trips together - no popping out just to post a parcel - save all little things, like prescription collection, post office etc for one day a week.

If I'm not just popping out, I will be saving myself more pennies - no spending in local businesses as I will simply buy stuff on line like presents, household stuff etc and no treats like coffees etc. That's a win for me, a win for amazon but not a win for local businesses in a rural area.

And the wholesale gas prices are going crazy today. It's £6.70/therm now. It went to £8/therm earlier. This is going to be a game changing problem if it doesn't resolve quickly.

For each £1 of fuel approximately 50p of it is ‘fuel duty’ and then 20% tax on top. The could slash the fuel duty or the tax and it would be much more affordable.
Soon people won’t be able to afford to get to work and if they can will be working from home, which goes against the Governments get back to work message

@etulosba

Without losing any revenue, the government could progressively lower the vat on fuel as the price rises if it was sufficiently interested in easing the burden.

Yes, indeed. Most of the price is tax. And there's tax on tax, with VAT added after the fuel duty tax. The Govt should (and will probably have to) reduce fuel duty to bring prices back to being affordable, whilst at the same time, keeping tax revenues the same. Inflation is already bad enough, but extra fuel costs will impact virtually everything and can create a snowball effect, just like the tax on tax on fuel

@deadlanguage

obviously I don’t know about your DD’s individual needs but buses are wheelchair accessible by law.

The bus itself has to be accessible, but what about the journey at each end. Not everyone lives on a bus route. It doesn't affect us as we don't have a wheelchair user, but our nearest bus stop to the main town is nearly a mile down a canal tow path which is definitely not wheelchair accessible, so it would be best part of a 2 mile walk on the road. Our local hospital doesn't even have a bus stop outside - whilst it's a short walk from the main entrance to the nearest bus stop, some of the departments are much further away and the whole site is on a steep incline, so you have a very steep slope between the main building and the other buildings behind it, not suitable at all for wheelchairs. (As we found when my FIL was temporarily in a wheelchair a few years ago and we literally couldn't push him back up the slope so had to go and bring the car round the back of the hospital for him instead, just to get him back to the main building).

Where did you read this @ivykaty44 That petrol would be £2.50 a litre soon?

@ivykaty44

This is being reported as oil prices rise and a ban on Russian oil is muted

Will this bring a surge for electric cars or will people adapt to other methods of transport?

Im getting a good 55mpg presently but thinking of just using car for long trips - anything over 10 miles and sticking to the bike for shorter journeys. Id rather save fuel for visiting family 100 miles away and even at £2.50 it would be £45 a return journey which is still cheaper than the train & tram at £64

I don't think electric cars are necessarily the answer at this point. It will hit them too.

I never bothered learning to drive so thankfully this one won't affect me.

18Icemast

It's more expensive to buy or lease an electric car though, yeah sure you save money charging it vs filling up with petrol (well until the battery becomes less efficient after a few years), but looking at the overall cost it's still unlikely to be cheaper unless comparing to a top of the range brand new gas guzzler with all the mod cons.

With home charger,our Tesla is 2p a mile,compared to 20p for most cars. Set to charge overnight so it's cheaper still.