Petrol prices rocket
Published: 26 May, 2009
UK: Petrol has soared above £1 a litre at many filling stations. Average prices dipped below 90p, having reached as high as 120p last year. The UK's most expensive petrol is sold in Northern Ireland at 98.1p a litre, closely followed by Wales and the South West of England at 98.0p. The cheapest petrol…
was found in Yorkshire and Humberside at 97.3p.
Diesel is dearest in London and East Anglia at 104.0p a litre.Now, an increase in the cost of oil means that average UK petrol prices have risen to 97.68p a litre, while £1 prices are being charged at motorway service areas and at rural filling stations, the AA said.
The organisation also reported that the average cost of diesel had gone up by less than 1p – from 102.69p a litre in mid-April to 103.49p in mid-May.
Following this year’s Budget, the price of fuel will rise by 2p per litre in September 2009 and 1p per litre in April 2010
A 2p rise in the price of fuel was planned for the 2008 Budget. But high oil prices caused the Government to postpone the increase.
The price of petrol hit a peak of 134p per litre in April 2008, despite the Government's delayed duty increase. It will then continue to increase by 1p per litre every year each April, until 2013.
Depending on the price of oil, this figure could rise or fall. Under European law the standard rate of VAT cannot be reduced below 15%, so reductions may be unlikely.
Online fuel management
Fueltek has launched a software product to aid fuel management control. Fuel Manager Online (FMO) provides data on fuel access, monitoring stock levels, and analysis of driver/vehicle fuel usage.
FMO allows 24/7 access to data anytime and anywhere there is a suitable internet connection.
Applications arise in haulage fleets, public transport, manufacturing, local authorities, emergency services and other organisations that operate vehicle fleets. The system is equally applicable in operations with a handful of vehicles and to large organisations that have scores of locations.
Managers can customise reports to highlight information that is relevant to them. For example, when fuel stocks fall to a re-order position the software will automatically issue a reminder. If this is not actioned within a set time the system will cascade this warning to other managers until action is taken.
The software gathers field information via Fueltek’s Fuel Access Control Terminal (FACT). The FACT is given an internet protocol (IP) address so that it becomes part of the network.
Communication between the FACT and host PC can be based on a company Intranet or can use the internet connection to the GPRS modem within the FACT.
Data is said to be securely transferred and only accessible through personalised passwords. Visit the website for more information.