Industry News

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13
Jan

Petrol is now R19.61 per litre in Gauteng – and 32% of that goes to taxes

The price of petrol – for 95-octane in Gauteng – has decreased by 68c per litre to R19.61 for January. 32% of that goes to various taxes, mostly the general fuel levy and funding for the Road Accident Fund. The actual basic fuel price, without those taxes, the cost of distribution, and margins for retailers and wholesalers, is R9.04. Here is what goes into the fuel price for January 2022. For…

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03
Jan

Climate crisis puts oil in the crosshairs, but dependence persists

A call for the end of oil has been thrust into the spotlight this year. Fossil fuels - which still represent 80 percent of energy consumed - have been explicitly blamed for driving climate change. The International Energy Agency believes that oil demand is still set to rise. The climate crisis has put the end of oil onto the agenda, but achieving that is a colossal task given the world…

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03
Jan

Worried about the fuel price? You might want to consider these used fuel-efficient vehicles

The cost of petrol breaches R20 per litre for the first time in South Africa in December. Gas-guzzling cars will become less sought after in the coming year. We've selected a variety of fuel-efficient models to consider downsizing. For motoring news, go to Wheels24 The Automobile Association of South Africa (AASA) confirmed that the cost of petrol would puncture the ceiling this December as a single litre of unleaded 95-octane petrol…

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