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fuel to reach £2.00 per litre and possibly £2.50

148 replies

ivykaty44 · 07/03/2022 09:27

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

OP posts:
FourTeaFallOut · 07/03/2022 12:54

@Waxonwaxoff0

I never bothered learning to drive so thankfully this one won't affect me.
It will effect heaps, the transportation costs in every single thing you buy will rise.
Plantsandpuddlesuits · 07/03/2022 12:55

Do you have a link please @ivykaty44?

Grantanow · 07/03/2022 12:56

No need to panic about gas, electricity, petrol and diesel prices. Our super-competent PM Johnson and his magnificent Cabinet will be onto it in a flash!

Interested in this thread?

Then you might like threads about this subject:

Waxonwaxoff0 · 07/03/2022 12:57

@FourTeaFallOut well yeah, but I was expecting all that to rise anyway.

user1497207191 · 07/03/2022 12:57

@LetsGoCrazyPurpleBanana

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.

And once all cars are electric and the govt lose the fuel tax/VAT revenue, they'll have to find ways of replacing that lost revenue, so we'll be looking at more toll roads or pricing per mile schemes etc. So I think the "cheapness" of running an electric car will only be temporary, particularly to encourage people to ditch the petrol cars and replace with electric, only then for the taxes to start being introduced. Same with "company car" taxation that is currently very attractive with lower benefits in kind and higher tax relief on the company - that will also reverse in future years to get tax revenue from higher benefits in kind and give lower tax relief to employers. Nothing to stop electric car users (and employers) enjoying the lower costs (compared with petrol) for the next few years, but in the long term, things will have to change to bridge the gap in lost tax revenues.
Plantsandpuddlesuits · 07/03/2022 12:57

We've noticed that our usual £30 of fuel lasts less than it used to, we normally get fuel when it's on 2 bars left and it seems to be going to 2 bars more often, we are driving the same distance day to day. Diesel if that makes a difference!

Polkadotties · 07/03/2022 12:58

@Waxonwaxoff0

I never bothered learning to drive so thankfully this one won't affect me.
This is a very naive thing to say. All transportation costs will go up. Bus fares, train fares will go up
user1497207191 · 07/03/2022 12:59

@Waxonwaxoff0

I never bothered learning to drive so thankfully this one won't affect me.
Unless you never travel anywhere and grow/make all the things you need (food, clothes etc), then it will affect you. Everything that needs to be moved (including you) will suffer higher prices. In, say, the food chain, there'll be the snowball effect as prices will rise at each stage of the food chain.
ukborn · 07/03/2022 13:00

It's the knock on effect - everything relies on transport so expect food and other goods to increase too.

MyMoneyIsAllSpent · 07/03/2022 13:07

I'm a carer in the community. I was already paying so much for fuel, I don't see how I can afford to work!

Dreamstate · 07/03/2022 13:09

You think is bad wait until a few years when energy companies start time of use tariffs meaning during busy periods of energy use they'll rack up the prices. It'll be like economy 7 but worse because you won't be left with any other choice.

Thanks ofgem for making this easier for companies to do all in the name of hey consumer itll be cheaper for you. Will it bollocks. What do you think those with electric cars do, charge at night when its cheap but oh wait that will push up demand so they will jack up prices and it won't be cheap!

CornishGem1975 · 07/03/2022 13:10

Fuel is already ridiculously priced. I'm limiting non-essential journies - some can't be avoided as I have to go to supermarket and school runs but I'm not going somewhere 'just because' now or I am trying to combine journies as much as possible.

Waxonwaxoff0 · 07/03/2022 13:10

@Polkadotties I don't use public transport much, I walk to work.

Waxonwaxoff0 · 07/03/2022 13:11

@user1497207191 yes, I know that but I'd already prepared myself for higher food prices, it was inevitable.

gracedentssketty · 07/03/2022 13:12

I am concerned about this. We can't avoid using the car as have to take the DC to nursery and it's not walking distance. But I am allowed to WFH as is DH (him less so than me but at least 1 day a week) - so I think we will be doing more of that to save on petrol. That said, then there's increased electricity costs given the WFH so it's not great whichever way you slice it.

And then, as you all say, the cost of everything else (which has already risen and is due to rise further anyway before we even get to increased energy costs) will increase.

We can luckily absorb the cost at present and from Sept I am hoping to go back to work FT which will def help but lots of people are already on a knife edge and it is a super scary time

BlackCoffeeInAPoolOfSunshine · 07/03/2022 13:20

Where I live E10 is now 2,01€ per litre - we're rural and getting to work and back alone will cost 200€ per month in petrol. I'm a learning disabilities nurse and can't work from home obviously! Public transport combined with walking or cycling would take 2-3 hours each way (due to both home and work being awkwardly located rurally) which isn't realistic around antisocial shift work hours.

I'm looking at jobs nearer home - there are options about half the distance away from where I currently work or further away but easier to get to by train with ordinary office job hours and an employer contribution to an annual rail ticket...

deadlanguage · 07/03/2022 13:23

[quote user1497207191]@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).[/quote]
Sure. I imagine most people with long term mobility problems don’t choose to live somewhere very hilly though. The point I made was that in and of itself, being in a wheelchair doesn’t preclude you from using public transport. Many disabilities mean you can’t drive, so it’s the only way to retain independent travel.

BlackCoffeeInAPoolOfSunshine · 07/03/2022 13:27

MyMoneyIsAllSpent that sucks! Carers ate treated so badly in the UK! Do you get your petrol costs back under expenses eventually or are you expected to suck it up? My colleagues who work in the community drive work cars which they pick up and drop off at the start and end of each shift and fuel on an account card. I don't know how UK care agencies have managed to get away with such an exploitative model! Something will have to give...

OP posts:
ChocolateRiver · 07/03/2022 13:31

It’s really scary. We both live close to work but it’s still a real worry. I filled up with petrol last Monday and it was 147 which I thought was a lot, but on Sunday it had jumped up to 159. It’s terrible.

MurmuratingStarling · 07/03/2022 13:38

[quote Waxonwaxoff0]@Polkadotties I don't use public transport much, I walk to work.[/quote]
That's lovely for you.

Most people do not have the good fortune of walking to work. Hmm

DH's job is 18-19 miles away, and is not accessible via public transport. He works odd hours/odd shifts/sometimes Sundays, and has to visit different sites sometimes too. A car is utterly essential for us.

Like @Plantsandpuddlesuits I also wonder where you are getting this information from @ivykaty44 If you can't/won't tell us, I shall just surmise that you are guessing it, and your thread is nothing more than scaremongering, designed to whip people up into a frenzy.

Icemast · 07/03/2022 13:38

@LetsGoCrazyPurpleBanana

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.

Well yes but they're a tonne more expensive to buy or lease in the first place. Although the running costs may be cheaper (unsure on average maintenance costs, as I understand it the batteries become less efficient over time and many recommend trading in for a new one after x years), it's still going to take a lot of miles to make it cost effective overall and not just on fuel. Not saying electric cars are bad, but the money saving aspect imo is over egged a bit.
ivykaty44 · 07/03/2022 13:48

MurmuratingStarling MSM are reporting price increases of fuel

If you want to take this thread as scaremongering, thats your choice. There have been many threads recently about the cost of household fuel rising and this is, to my mind no different - its a thread about how and what we are going to do to combat the rising prices of transport

OP posts:
DollyDingleberry · 07/03/2022 13:53

I went back to work from maternity leave 4 months earlier than planned because I predicted (rightly) that energy costs were going to go mental and if I hadn't come back, we couldn't have afforded to live.

DH is on minimum wage, so because the cost of childcare in our area has rocketed due to a shortage of spaces, we are better off if he stays at home with the baby 4 days a week and picks up one shift during the week and one at the weekend.

On my return to work I negotiated to come back on 4 days for more money than I was earning on 5 days (the job market in my sector has gone completely crazy due to a shortage of experience since no one hired anyone in 2020 and 2021, so now there's a massive skill gap) and also negotiated to work at least 2 days a week from home because my commute is now too expensive to do full time.

We are INCREDIBLY lucky, but even though our household income is around £70k and we have reasonable outgoings and no debt other than student loans and the mortgage, we are massively struggling to heat the house and are having to adjust. It's not like we live in a mansion in london either.. average 4 bed semi, rural west midlands.

I just keep thinking that if we're struggling, what on earth are people on average incomes going to do? It's not manageable or sustainable.

All i keep thinking is there's going to be so many people taking out unsecured debt to cover the cost of living and that will prolong the crisis even more.

Wam90 · 07/03/2022 14:04

@TacoCats

Shell just purchased loads of oil from Russia, it won't get to that point as they will supplement until they are sorted. Let's not start panicking or encouraging panicking hey?
Oh great, the shell garage near me has diesel for 179.9 when Sainsbury’s and Tesco are 150.9 🤦🏼‍♀️