I knew that would get your attention. It is not only here in South Africa that we are facing a fuel price increase this week but the same is set to happen in the UK. Tax rises have forced both petrol and diesel prices to go up to over £1 a litre.

Now converting that £1 to rand it works out to R14 a litre. It looks like the whole world is now set to increase their fuel prices and this is largely caused by the fact that world oil prices are going up on a regular basis. Does this mean that there is actually going to be a shortage of fuel in the future and thus low supply coupled with a high demand will continually push the price of fuel up?

I feel it is about time alternatives start to be used for fuel. For example an increased usage of bio fuels. What ever happend to the plans of having electrical powered cars? I know that they exist but why can’t we see them being used on a greater scale? The technology is out there and the skills and expertise of people to make something now that will alleviate a pending world fuel shortage. Man has been able to put a man on the moon, surely man can also find another alternative for oil as a fuel.

So South Africa, when you go fill up on Wednesday after the fuel price increases, remember that there are those in the UK paying almost double than what you are.

For a full report on the UK price increases please click here.

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