Just when we thought that we had fuel prices under control, oil analysts now tell us to expect a barrel of crude to rise by at least $10 in 2013. Better than expected Chinese economic data, a terrorist attack on a pipeline in Yemen and our old friends in OPEC cutting back supply have moved prices up by nearly $2 this week. If the expected ten bucks rise does happen that could translate to another 10p a litre at our pumps and push diesel over the dreaded £1.50 mark again. Grim news, and reason for the government to give us a blanket cut in fuel duty this year. And I don't mean a rural subsidy for remote communities - I don't believe that's at all workable - but a solid 5p a litre cut for everybody to stimulate growth in 2013.
We need to resign ourselves to the fact that this year is going to see significant rises in the cost of oil and we need to protect our economy from the debilitating consequences. So far the government has done well and listened carefully to FairFuelUK's arguments, but the spectre of unaffordable road fuel in the UK hasn't gone away, nor will it anytime soon. Without our campaigning diesel would be £1.52 right now and the economy would be bleeding jobs and contracting fast. Our relentless pressure has saved the UK economy £5.5 billion in needless fuel duty rises and put money into everybody's pockets. In 2013 FairFuelUK, and our tireless MP Robert Halfon (pictured with me), will be lobbying for a cut in duty, further investigations into pump prices by the OFT and an examination of oil market speculation.
So stay with us, keep visiting the site and get as many friends as you can to sign up.
Happy New Year