UK authorises release of 1.5m barrels of oil from strategic reserves
The Government has authorised British oil companies to release up to 1.5 million barrels from their strategic reserves to ease pressure on energy prices, Downing Street has said.
The Government has authorised British oil companies to release up to 1.5 million barrels from their strategic reserves to ease pressure on energy prices, Downing Street has said.
st week was at 86% of pre-pandemic levels.
While this is not illegal, experts have warned about the dangers of improperly storing fuel – as well as encouraging motorists not to stockpile fuel at home as this makes it harder for others to fill up when they need it.
The government insists there is ‘no shortage of fuel’ as BP closes some forecourts
The HGV driver shortage has hit oil giant BP with deliveries of petrol and diesel to forecourts across the UK set to be reduced to ensure supplies do not run out.
Analysis by the PA news agency showed that average prices across UK forecourts reached an eight-year high this summer after rising for 39 consecutive weeks.
E10 petrol, which is made with up to 10% bioethanol – a type of renewable fuel – will be the standard offering at forecourts as part of Government plans to cut carbon emissions.
The AA is advising drivers not to panic-buy super unleaded petrol given the official arrival of E10 fuel next month.
(more…)From September the government is changing the standard petrol that will be available from E5 to E10, and around 1 million vehicles in the UK are not compatible with the new fuel.
(more…)Motorists are being warned to expect petrol prices to rise even further after reaching a two-year high.
Topping up with fuel is a tedious process, especially in winter when it means standing out in the cold for a few minutes. It’s why so many motorists put it off until the last possible moment.
Classic car owners are being warned about new eco-friendly petrol that could damage their cars.
The RAC is urging fuel retailers big and small to reflect the drop in the wholesale price of unleaded with a significant cut at the pumps.
Drivers are being urged to think more carefully about the environmental impacts of their journeys through a new government campaign launched today.
Fuel prices rose for the fourth consecutive month in May, heaping further misery on beleaguered motorists.
(more…)Fuel prices are finally falling after a long period of overpriced fuel, according to data from the RAC.
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