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Fuel prices on the rise - what does that mean for diesel drivers?

Published on Wednesday 08 November 2017 in Van News

Fuel prices on the rise - what does that mean for diesel drivers?

The figures show that diesel pump prices are on the rise. But what does that really mean for diesel owners? Vanarama's Laura Day reports.

In October 2017, for the fourth month on the trot, diesel pump prices have increased. Rising from 120.21p to 120.80p, that's an upsurge of 0.59p according to the RAC Watch Fuel data.

Now, while this may seem unsettling at first glance, it's not just diesel fuel prices on the up – the cost of petrol is also mounting. RAC fuel spokesman Simon Williams shared that in November, "The petrol wholesale price has gone up by 4p", after a pump price reduction in October where "there was a 6p saving in the wholesale price of unleaded."


A diesel dilemma?

Evidence shows that while diesel is the slightly costlier option at the pumps, fluctuating petrol prices mean that neither fuel is sitting still.

Rising fuel costs are unavoidable. With an ever-growing number of people requiring a vehicle in their day-to-day lives, you can't escape the snowballing pump prices – it's out of our hands.


Does diesel trump petrol?

Not to worry though…while this may be the case, you'll be happy to know that you aren't completely powerless. Your decision to drive a diesel car is still a viable option, and here's why.

Though their prices may be ever so slightly more expensive, diesel engines are renowned for being more efficient, using 15-20% less fuel. Greater efficiency also means that a diesel's CO2 emissions could be up to 20% lower than those of a petrol vehicle. This reduction is a step towards a cleaner, greener world – something we are all striving towards, enforced by the Euro 6 emissions standards.


To choose diesel or not to choose diesel…

In the end it's up to you! The figures show that whatever car you drive, petrol and diesel costs are both rising. But if you want to drive a more fuel-efficient and environmentally-friendly vehicle, then a diesel-powered motor is a compelling choice – or you could choose a hybrid. I guess what's important to note is the sheer range of choices out there. Just look at our site and you'll see what I mean.

And one last thing before I go… Here's some food for thought. With fuel prices increasing and leasing making owning a vehicle much more affordable, it seems to beg the question: has there ever been a better time to lease? I'll leave that one with you.

As ever, let us know in the comments what you think, and give us a call on 01442 838195 if you have any questions.