petrol price increase

Zound

///Member
With that in mind I think we should have some fuel economy battles. Per class of-course. YUBEN you up for a challenge? I'm feeling I can pull off an average sub 9 (litres per 100km) this coming month :D
 

Yuben

Senior Moderator
Staff member
Zound said:
With that in mind I think we should have some fuel economy battles. Per class of-course. YUBEN you up for a challenge? I'm feeling I can pull off an average sub 9 (litres per 100km) this coming month :D

Too many factors Boss
Plus I have the advantage of a shorter ratio diff and 6 speed box.
 

maximus

///Member
Petrol price to increase by up to 44c from July
by Staff Writer, June 26 2015, 17:41

http://www.bdlive.co.za/business/energy/2015/06/26/petrol-price-to-increase-by-up-to-44c-from-july

Petrol+XXX+high+res


PETROL prices in Gauteng will increase by 44c per litre for 93 octane and 41c for 95 octane from July 1, the Department of Energy said in a statement late on Friday.

Both grades of diesel — 0.005% sulphur and 0.05% sulphur — will increase by 4c/l.

Illuminating paraffin will increase by 8c per litre and illuminating paraffin (wholesale price) will increase by 6c per litre. Liquefied petroleum gas (LPG) will increase by 56c per kilogram‚ the department said.

It said the increase in the prices of all the petroleum products was due mainly to the weakening of the rand against the dollar during the period under review.

"The rand lost about 40c against the US dollar since the end of May 2015 as a result of negative sentiment on emerging markets globally.

"Furthermore, the international prices for petrol increased on average, while the prices for diesel and illuminating paraffin decreased. The increase in the international prices of petrol was mainly due to strong demand for petrol (driving season) in Europe and to pre-Ramadan buying in the Asian market," the department added.
 

Webmaster

Administrator
I'm digging so deep in my pockets for those coins in my socks. :blueCry:
Bad times to drive a 320i e90...althought manual, but still bad.
 

maximus

///Member
Petrol to rise by 41 cents in July
By News24WireJune 26, 2015

http://businesstech.co.za/news/general/91792/petrol-to-rise-by-41-cents-in-july/

Fuel-petrol-pump.png


Petrol will cost between R13.34 per litre at the coast and R13.77 per litre in Gauteng from next Wednesday if you’re using 95 octane, the Department of Energy announced on Friday.

Petrol (93 ULP and LRP) will increase by 44.0 cents/litre and Petrol (95 ULP and LRP) will increase by 41.0 cents/litre, the Department of Energy said in a statement on Friday.

Both grades of diesel will increase by 4.0 cents/ litre, liquefied petroleum gas (LPG) will increase by 56.0 cents/kilogram, illuminating paraffin (wholesale) will increase by 6.0 cents/litre, and illuminating paraffin (SMNRP) will increase by 8.0 cents/litre.

“The Department of Energy would like to urge all motorists to continue implementing fuel efficiency measures, such as using public transport and utilising lift clubs whenever possible to ensure that they save fuel,” it said.

“All petroleum products prices will increase with effect from 1 July 2015.

“The increase in the prices of all the petroleum products is due mainly to the weakening of the rand against the US dollar during the period under review.

“The rand lost around 40 cents against the American dollar since the end of May 2015 as a result of negative sentiment on emerging markets globally.

Furthermore, the international prices for petrol increased on average, while the prices for diesel and Illuminating paraffin decreased. The increase in the international prices of petrol was mainly due strong demand for petrol (driving season) in Europe and to pre-Ramadan buying in the Asian market,” the department said.
The Automobile Association (AA) said on Thursday said it was concerned about the exchange rate, which has weakened from around R11 to over R12.30 to the dollar since January.

“If this trend continues and is not offset by reductions in international petroleum prices, fuel prices will begin testing their previous record highs before the end of the year,” said the AA.

“The average rand/dollar exchange rate has weakened considerably since the end of May. The rand has lost about 40 cents against the dollar, and this has contributed almost half of the increase which is forecast for the petrol price.”

In early June the Department of Energy increased all grades of petrol by 47c/litre. Petrol went up by R1.62 in April, but remained unchanged in May.
 

Bandile

Member
3speed said:
I'm digging so deep in my pockets for those coins in my socks. :blueCry:
Bad times to drive a 320i e90...althought manual, but still bad.

You can say that again :smashScreen:
 
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