Petrol

How to save money at the pump

If fuel prices are making you splenetic, the driving techniques designed to make that fuel go further might restore a degree of calm. Driving with economy in mind is all about smoothness, anticipation, being aware of your surroundings and not rushing things. Serial congestion means that, more often than not, an easy going journey is only fractionally slower than one where you’ve gone hell for leather. So, here are some driving techniques that will help keep down the petrol bills: Leave time to brake Harsh acceleration and braking will dent your car’s efficiency. Looking ahead and around you, so that you’re anticipating things that might bring you to a sudden stop

Which countries have ditched daylight savings time?

Time for a change A bill before the US Senate would abolish daylight saving time. Some countries which have previously practised daylight saving but no longer do so: – Algeria (last changed clocks in 1981); Brazil (1932); China (1991); Colombia (1993); Egypt (2015); Falkland Islands (2010); Hong Kong (1979); Iceland (1968); India (1945); Indonesia (1963); Iraq (2007); Pakistan (2009); Peru (1994); Philippines (1990); Russia (2014); South Africa (1944); South Korea (1988). Pumped up The price of unleaded petrol reached an average of 165.37p per litre. How does that compare with spikes in petrol prices in the past? Actual price vs price adjusted for inflation (prices per litre except where *

In defence of panic buying

The filling station on the road out of the village was like a scene from Mad Max. People were all but jumping on top of the petrol tanker that had pulled in to unload its bounty. As desperate drivers screamed and shouted, it wasn’t so hard to imagine them swinging from the doors of the cab, attempting to hijack it, while the driver inside beat them away with the end of a sawn-off shotgun. The forecourt was a seething mass of screeching people on the verge of savagery, not so different from the Thunderdome. After a while, I noticed that everyone was fighting over the same four pumps while two

Why didn’t we listen to the free marketeers?

Economic liberals may feel vindicated by events of the past fortnight. It turns out energy price caps, limits on immigration, over reliance on wind power and IR35 – the taxman’s crackdown on contractors – are all bad ideas, just as they had forewarned. Those same free marketeers may experience a strong temptation to enjoy the schadenfreude. In 2017, some insisted that the only good argument for energy price caps was the Leninist principle of ‘the worse, the better,’ as the move would bring forward the day when the entire policy collapsed. But governments bought into the baseless narrative propagated at the time that energy companies were greedy, price gouging profiteers, and

Is Brexit really to blame for fuel-rationing?

All current ills in the world, of course, can be blamed on two things: climate change and Brexit. So far, there are few people blaming the rationing of petrol and diesel on extreme weather-related to climate change (although give it time), but the usual suspects have certainly been quick out of the blocks to blame it all on Brexit. Lord Adonis, for example, has claimed:  ‘Brexit is now leading to fuel-rationing’ BP has blamed its inability to keep petrol stations stocked on a shortage of lorry-drivers, but can that really be blamed on Brexit?  In July, the Road Haulage Association (RHA) published a survey of 615 haulage firms as to