Petrol prices set to hit all time high

Motorists can expect their budget to tighten considerably more, due to the impending fuel increase in July.

The Automobile Association (AA) expects an increase of 32 cents per litre of petrol and 30 cents per litre for diesel. The estimated price increase comes after an unaudited mid-month fuel data released by the Central Energy Fund (CEF).

Over the past month, the Rand has weakened against the US Dollar and it is speculated this has played a role in the increase. Yet, the international oil price has decreased over the same period. The AA claims if it had not been for the decrease in the oil prices, things would have looked much worse.

If the new petrol prices do materialise, motorists will be paying an all-time high of over R16 per litre of petrol.

petrol

With the possibility of the petrol increase, motorists will need to take the necessary steps to minimise fuel costs. The following five steps can help you save money and petrol:

  • Make fewer trips. This means you will need to plan your trips accordingly.
  • Stick to the speed limit, as the faster your drive, the more petrol you use.
  • Ensure your tyre pressure is at its optimum. The lower your tyre pressure, the more petrol you will need to move your car.
  • Use your air conditioner as little as possible. While a warm car does make the early morning drive to work more comfortable, air cons contribute substantially to petrol use.
  • Remove any weight that could possibly make your car heavier. The less heavy your car is, the less petrol you use.

How do you intend to save petrol in the coming months? Let us know in the comments section below.

Please follow and like us:
error

Leave a Reply

Your email address will not be published. Required fields are marked *