Petrol price goes up again

2017-12-14 06:00
PHOTO: Precious GumedeFilling up diesel at an Engen garage is Heine Beukes (left) assisted by Christian Tswawulwayo.

PHOTO: Precious GumedeFilling up diesel at an Engen garage is Heine Beukes (left) assisted by Christian Tswawulwayo.

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PETROL prices increased yesterday as announced by the Department of Energy SA on Monday.

In a media statement SA’s fuel prices are adjusted monthly, informed by international and local factors, which include imports on both crude oil and finished products at a price set at the international level and shipping costs. It said the main reasons for increases are the contribution of the rand/U.S. dollar exchange rate. The rand depreciated against the U.S. dollar from R13.62 to R14.10, on average, during the period under review when compared to the previous one. The increase in the prices crude oil, the average Brent Crude oil price increased from $56.86 to $62.50 per barrel during the period under review.

The minister of energy approved a net increase of 3.9 c/l in the annual margin adjustments.

Petrol - 93 Octane, ULP and LRP - increased by 71 cents per litre as did 95 Octane, ULP and LRP.

Diesel - 0.05% sulphur - and
diesel (0.005% sulphur) increased by 60 and 57 cents respectively.

The price of illuminating paraffin – wholesale and single maximum national retail price – is up by 73.3 cents and 98 cents a litre respectively.

CALTEX SAVING TIPS:

• keep your car in shape;

• watch the wear - air conditioning reduces fuel economy by as much as 0.43 kilometres per litre;

• decrease speed to 88.5km/h, it increases fuel economy by up to 20%;

• quick acceleration lowers your petrol mileage by up to 33%, so apply accelerator and brakes moderately;

• travel light - extra weight in your trunk requires extra power and fuel from your engine;

• reduce the revving - if you drive a manual car, choose the gear with the lowest rpm that doesn’t risk stalling the engine;

• avoid the idle - fuel-injected vehicles, “warming up” is no longer necessary. Turn off the engine if you’re not moving. Idling gets you 0 km/l and wastes fuel unnecessarily; and

• car pool, its a great way to lower your fuel expenditure.

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