Worried about the oil price hike? Here are essential fuel-saving practical tips

Experts from the NRMA and Macquarie University have released essential strategies for motorists to maximize fuel efficiency as global oil prices continue to surge.

The escalating conflict in the Middle East is creating uncertainty in global fuel supply, prompting concerns about potential shortages and price spikes. Source: AAP / Flavio Brancaleone

Key Points

• With Brent crude oil surpassing US$100 per barrel, experts warn of a potential recession and a direct spike in food production and transport costs.
• While Energy Minister Chris Bowen assures that Australia has 4.5 billion liters of fuel in reserve, regional MPs remain concerned about the impact on farmers and local supply chains.
• Motorists are urged to adopt technical habits such as maintaining proper tire pressure, utilising cruise control, and using price-comparison apps like Petrol Spy to find the best local deals.

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