Unleaded petrol prices are likely to rise in the wake of Hurricane Harvey, forcing UK motorists to pay more to fill up their tanks.
The RAC is warning motorists that the price of a litre of petrol could rise by up to 4p, which would take the average price of the fuel above 121p per litre – a price not seen since December 2014.
RAC Fuel Watch data also reveals this would mean the average price of a litre of unleaded moves above that of diesel, something that has not been seen in the UK since early June 2016.
Pete Williams, a spokesman for RAC, warned: “The price of unleaded petrol will leapfrog diesel early next week, rising by up to 4p per litre as the impact of Storm Harvey and the shut-down of large refineries in the Gulf Coast drives up US demand for petrol imports.
“The average price of a litre of unleaded on Thursday August 31, was 117.29p and diesel was 118.14p, but we could see unleaded rise in the coming days to around 121p a litre, with diesel likely to stay stable around 118.5p.
“This will be the first time unleaded has been higher than diesel since June 2016 and we expect this to be the case for some time to come, or at least until the US oil industry is able to get refineries back into operation and production in the Gulf Coast returns to normal – to meet the United States’ immense appetite for gasoline.”
One way to save money at the pumps is to check your tyres regularly to ensure they remain in good condition and are properly inflated, because soft (or under-inflated) tyres increase rolling resistance and increase fuel consumption.
A recent study found that at least a third (35%) of tyres on the UK roads are being driven at least 8psi below the vehicle manufacturers’ recommendation. At this level of under-inflation, tyres are not only more vulnerable to damage and wear more quickly, but they also make the vehicle more difficult to control.
In fact, when pressures are 7psi below the recommended setting, they can halve the amount of tyre in contact with the road. That can be especially dangerous in the wet as the chances of aquaplaning are significantly increased.
A vehicles recommended tyre pressures can be found in a number of places and should be checked at least every month and before long journeys. They are likely to need adjustment when carrying a full load. Both settings can be found in the owner’s manual and often in the door shut or in the fuel filler cap.