The COVID-19 pandemic made it possible for us to turn our backs on petrol. While doing so had brought down the price of fuel, the related conditions that led to the price cut were less than appealing. Today, the high prices of fuel are back, being driven by a theoretical shortage of oil supply. Even if oil fields and depots have a lot of stored fuel, the demand has surged after businesses all over the world have sprung back. The demand for fuel surged at a rate that was faster than the speed by which oil companies can normally supply. Retailers are still financially reeling from the losses suffered during the pandemic. As a result, the low levels of supply in the market has kept the prices of fuel running high.
Moreover, there are other costs contributing to the prices of fuel, which retailers are trying to pass on to customers in order to maintain their profit margin.
Some Tips on How to Reduce Fuel Consumption
Here’s the thing; if consumer demand causes the price of fuel to rise, vehicle owners should reduce their consumption of petrol by implementing some changes in the way they drive and use their vehicle.
Brake Gently to Drive Smoothly – While it’s normal to accelerate speed by stepping on the gas pedal, one should refrain from stepping on the brakes to bring down speed. That way accelerating again will not require burning greater amount of fuel.
Warm but Don’t Idle Your Engine During Cold Season
When driving off during cold seasons, warming up your engine should only take a minute or two. Idling will only cause you to consume 2 litres of petrol for every hour idle.
Check Your Tire Pressure
Checking your tire pressure for over or under inflation can help correct the amount of fuel consumed while travelling. Monitoring your tires for adequate pressure can ensure safe travel. Overinflated tires on the other hand, have increased traction that can raise fuel consumption by at least 10%.