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Following recent attacks in the Red Sea, major shipping firms including BP will now be avoiding the Suez Canal.
Mister C would like to remind you that now’s the perfect time to check your tank and make savings by topping up before winter sets in.
This week the government has provided more information regarding the £200 alternative fuel payment being issued to all heating oil users.
The Alternative Fuel Payment of £200 will be made in February 2023.
CPS Fuels has welcomed the announcement in the Chancellor’s Autumn Statement of an increase in the alternative fuel payment to £200 for all off the gas grid domestic homes than use fuels such as heating oil.
Last week the government said it would provide a one-off payment of £100 to help heating oil using households as part of the Energy Price Guarantee .
When Middle Eastern oil producers declared an oil embargo on exports to the U.S. in 1973, oil prices soared and the U.S. experienced significant fuel shortages. Could today’s energy crisis, which includes not only oil but also natural gas and coal, could be even worse than the infamous oil crisis of the 1970s.
If you use red diesel, you should be aware of the changes made on the 1st of April. These changes reduce the number of industries allowed to use rebated fuel.
CPS Fuels are East Anglia's only JET approved partner, with the considerable backing and support of American owned Phillips P66.
Looking back, 2020 and 2021 were consistent in providing volatile price movements in crude oil markets, causing UK fuel prices to fluctuate aggressively and generally climb higher.
COP26 delegates were kept warm with a revolutionary renewable fuel, which has been identified as a key alternative clean energy source in the battle against climate change.
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