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Original poster

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:
Hellorhighwater · 07/03/2022 14:12

There is one hundred percent no judgement here, but I’ve no idea how you can not heat your house on £70k. I’m on 13k this year, and haven’t yet turned the heating down yet (although I’ve cut everything else as much as I can, being warm is the last thing to go for me. Maybe maxing out savings or overpaying the mortgage is more important for someone else, and that’s completely ok)

As I said, no judgement. It’s your money and everyone has different priorities and expenses. I’m not asking you to justify it, or explain your priorities. I just genuinely can’t see how.

mummyof2boys30 · 07/03/2022 14:26

I work in a filling station. Our next delivery is costing us 1.72 to buy in. That doesn't include the measly 2p/3p per litre we make so potentially 1.75/1.76 🙈

Isonthecase · 07/03/2022 14:28

We're also in an area where public transport doesn't really work and it isn't great for bikes either because of hills and driver behaviour. Have been contemplating seeing if we can get an electric cargo bike but they're also so expensive! I don't know the solution but it is a worry.

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Driving & parking
user1471543094 · 07/03/2022 14:31

We can just about manage now but not for long if it continues on this trajectory.
Already cutting out the extras: Having to cut back on kids activities. Worried about their birthdays over next few months.
Really worried about our holiday in summer as its in UK but involves alot of driving!
Our income is lower than our friends and family and we will be the first to be really badly hit.

My DH has a business premises so every fuel bump and electricity rise we feel it twice.
DH is usually super positive and he helps calm me but even he is getting stressed with it all. Which sends me into a spin!

Original poster
ivykaty44 · 07/03/2022 14:32

electric cargo bike but they're also so expensive!

how expensive are they then? I thought they'd be cheaper than a car to purchase and certainly cheaper to run?

OP posts:
MrsAvocet · 07/03/2022 14:39

We have oil fired central heating and I am more bothered about the cost of that than car fuel to be honest. As sod's law would have it we've only got about 1/4 tank left at the moment. Hoping Spring arrives soon! I haven't dared look at the price at the moment, though will have to steel myself soon.

Duracellbunnywannabe · 07/03/2022 14:41

I think the issue is more of the knock on effect of food and everything else costing more.

user1471543094 · 07/03/2022 14:45

We are also OFCH, we have about 3/4 - had ordered another (small) top up there 2 weeks ago but it still hasn't even arrived!
I will probably end up having to put in £150 a month for the next while to keep it filled, as I would never be able to let it run down and order a large quantity

Garysmum · 07/03/2022 14:48

@user1471543094

We are also OFCH, we have about 3/4 - had ordered another (small) top up there 2 weeks ago but it still hasn't even arrived! I will probably end up having to put in £150 a month for the next while to keep it filled, as I would never be able to let it run down and order a large quantity
Watch out - I was told by several local suppliers the min order is 500 litres legally. I accidentally ordered thinking I had space....
user1471543094 · 07/03/2022 14:53

@Garysmum

Many places around here are limiting orders to 400 liters max. Which suits me, as I would not be able to afford that at the moment!! I hope that doesn't change!
God knows how much 500 litres will cost in a few months

MrsAvocet · 07/03/2022 14:58

We're in a heating oil cooperative - one person in the village places a mass order. Obviously it means you have to all have oil delivered on the same day but it has reduced our costs quite a bit over the years. I suppose it is more economic for them to come out once and go to a number of houses in the same place than make multiple trips out so the suppliers are willing to offer a slightly cheaper rate. Might be worth other oil dependent people considering if you're not alreasy doing it.

Garysmum · 07/03/2022 15:10

@user1471543094 So weird - everywhere I tried would not let me order less than 500. I just googled it and its a legal requirement to do with trading standards and the tankers delivery system. I found lots of links specifying this. Like this one

www.fueltool.co.uk/faq.cfm

user1471543094 · 07/03/2022 15:20

I'm in NI, wonder if it is different? Places here are running out and so that companies have had to introduce ordering limits.

Even in better times us ordering 500litres would have been a luxury!

InkySquid · 07/03/2022 15:30

The thing about electric cars is the cost up front. I know a couple of colleagues who had very expensive electric driveway ornaments during lockdown whilst others made a lot of savings on not paying out for fuel. If fuel cost is a much smaller proportion of your motoring costs then cost per mile gets very expensive if you're suddenly doing a lot fewer miles.

AlaskaThunderfuckHiiiiiiiii · 07/03/2022 15:53

It’s terrible especially for those of us who rely on cars for our jobs, I’m a rural community nurse and do get my mileage paid but the amount per litre of petrol is going to outstrip that shortly! There is a pool car but 8 members of staff in our team so it’s whoever is doing the furthest run gets it and it’s not kept at the surgery we work out of

LollyLol · 07/03/2022 16:11

We have an electric car, it is still cheaper to refuel than buying petrol, but investing in the car itself was a big step. We were hoping to invest in solar panels but with the way the economy is going, we are holding on to our pennies for now.

Our main plan is to drive a lot less! Not very practical perhaps.

Marmite27 · 07/03/2022 16:16

@Sweetpeasaremadeforbees

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).

Me too, our local is well known for it. They’re also currently 10p more than the Asda round the corner Angry
Hellorhighwater · 08/03/2022 02:42

@ivykaty44

electric cargo bike but they're also so expensive!

how expensive are they then? I thought they'd be cheaper than a car to purchase and certainly cheaper to run?

It’s never going to replace a car, though, is it? And while it will save money in the long run, you’ve got to have the cash upfront. Payback time will be years, I’m sure.
Original poster
ivykaty44 · 08/03/2022 06:31

Monthly option to pay and you can also do these through the bike to work scheme so you pay monthly through work instead and save 20% tax

As for replacing a car, it there isn’t money to put fuel in the tank then it becomes something that’s not used frequently.

Buying second hand or on credit is an option

Breaking even on a bike would take time, but if you’re fuel bill disappears from £150 a month to £50 then it’s going to be around 2 years

OP posts:
Tryingtokeepgoing · 08/03/2022 07:13

@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.

It might be costing 2p a mile at your current (fixed?) electricity price, but a Tesla does between 3 and 4 miles per KwH, which at the current capped rate is around 10p a mile,. If you tried to fix again today it’d be more like 15p a mile. Now, some suppliers still offer a cheaper overnight rate (for 3 hours, or quarter of a batter full) but the corresponding day rate is then very uncompetitive. EVs are still cheaper to run that petrol, but they’re nowhere near as cheap as they were that’s for sure!
DovesofPeace · 08/03/2022 07:15

This is where our incredibly expensive Train system bites us on the arse.

ToMockAKillingBird · 08/03/2022 07:18

Did anyone else see the article on DM (sorry) that the energy cap could hit £5k pa due to the huge gas price rises?

Indoctro · 08/03/2022 07:22

1.77 here and I live rurally so no choice but to use my car.

DazzlePaintedBattlePants · 08/03/2022 07:27

I reckon this will force loads of companies to fix hybrid working policies. If the cost of coming to work has doubled, why force them to?

MuchTooTired · 08/03/2022 07:34

I’m getting rather concerned about diesel prices. I live rurally, a bus every two hours and they stop at 6pm. Road isn’t safe for walking/riding a bike with two young children (who couldn’t ride the distance to nursery anyway!) and I have a much loved but despised on MN gas guzzler 4x4. Won’t be able to sell it because nobody will want it for the same reason, but I’m filling up more and more often, and the prices are ridiculous! It used to cost £125 to fill it back in the olden days, I dread to think how much it is now.