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Soaring Fuel Prices Causing Drivers to Run Fuel Tanks on Empty

10/03/2011
Right Equity Release
Green Flag, the breakdown service, reported a 40 per cent increase in its number of fuel-related call-outs in the second half of January, compared with the same period last month.

A survey by the company showed that 48 per cent of drivers had been dangerously close to empty or broke down before reaching the pumps at some point in their lifetime, with more than a third of these incidents occurring in the last three months during a period when the price of petrol at the pumps reached record levels.

The poll also showed that more than 30 per cent of drivers had cut down on their motoring to offset rising fuel prices.
Dan Robinson, head of Green Flag, said: 'There is no hiding from the fact that the constant rises in fuel are affecting drivers nationwide, with almost half now driving on empty….’.

According to PetrolPrices.com. petrol prices have soared to record levels with unleaded currently costing an average of around 128.6p per litre and the average diesel price 133.7p.

Homeowners aged over 55 years who are worried about rising fuel costs and would like to know how much money the value of their property could release to help, can find out by contacting therightequityrelease.co.uk for equity release advice.
 
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