Fuel in the UK and its limits

As many of you will know there has recently been a dip in petrol prices across the UK, falling by nearly 1p per litre. The current drop in the price of crude oil means that the forecourts are now paying 3p less a litre for the fuel they sell.

We all want to get the best out of our purchases, to look after ourselves and to make sure that we achieve the fullest out of life. Part of living to many people is having the ability to travel, whether it is by a car, train or an aeroplane, so when something restricts us from being able to go wherever we want this can be very frustrating.

People around the UK have found recently that the cost of fuel and its current rise is restricting us from travelling, or maybe even at worst being able to drive at all.

Petrol –What’s your monthly spend?

On average in the UK, a litre of petrol costs 135.71p with diesel costing 139.89p a litre. Compared to pump prices a year ago this represents 19.22p and 20.91p price increases. With these prices it’s adding roughly £40 ontop of the monthly petrol spend of a two car household.

Many businesses have been affected by this and the fleet industry especially has been hit hard with the cost of filling for example, an 80 litre tank vehicle with diesel, the price has increased by £16.73 from 2010. With a low petrol price of 134.9p a litre, the cheapest fuel in the UK (August) is located in Yorkshire and Humberside. Northern Ireland now averages at the most expensive location when it comes to fuel prices which may vary from 136.7p a litre.

For many of our fleet drivers, the consumption of fuel and cost is also an issue. Here at BWOC we try to offer a range of fuel cards which are designed to give you the convenience of cashless refuelling, enhanced security features and management reporting in a variety of formats. We are also leading providers of bulk fuel into the Keyfuels and UK Fuel bunker systems.

If you would like to find out any more information on BWOC and our fuel card services, or how we could help you, please visit BWOC today.

Author: Emma Keast

Blog Focus: BWOC        Bulk Fuel        Fuel Cards        Keyfuels

 

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