Martin Lewis emphasizes the importance of planning ahead to avoid higher fuel costs. Researching and identifying cheaper petrol stations along a route can help drivers save money. Utilizing tools like petrol station finders provides valuable information on fuel prices, enabling motorists to make informed decisions.
In 2022, amendments were introduced to enable the Competition and Markets Authority (CMA) to closely monitor fuel prices across the country. Fuel retailers and supermarkets are now required to disclose their forecourt pricing and profits. Failure to comply with these regulations can result in significant fines.
Data from RAC Fuel Watch indicates an increase in fuel prices in 2024. Unleaded petrol prices have risen by approximately 9p per liter, while diesel charges have increased by about 10p per liter.
Motorists can take advantage of Martin Lewis’s fuel-saving hack by visiting PetrolPrices.com and entering their postcode along with the desired search radius. The interactive widget provides up-to-date information on fuel prices, helping drivers find the most affordable options nearby. By utilizing this tool, road users can potentially save money on their fuel expenses and mitigate the impact of rising fuel costs.
