Big freeze triggers oil price hike

Britain’s big freeze has forced domestic oil prices through the roof, with some rural residents paying 50% more to heat their homes.
Oil is being quoted at 65p/litre compared to 40-45p just a fortnight ago, according to the price comparison website boilerjuice.com.
Worst-hit by the weather, farm leaders in Scotland said the distribution of fuel supplies was of growing concern.
NFU Scotland is urging its members to contact fuel suppliers to investigate whether fuel can be collected from central distribution points. Fuel collection stations are already operating in parts of the Borders.
NFUS chief executive James Withers said: “Our focus is on helping farming families deal with the weather by getting vital feed and fuel through to them.
“At the same time, we are working hard with Scottish Government on how we can keep Scotland’s food and farming industries running.”
Although readily available at depots, fuel for heating and machinery on many farms is running out.
“We would urge anyone in this position to contact your fuel supplier and enquire if collection from a local distribution point is possible,” said Mr Withers. “Such a scheme is already operating in parts of the Borders and could provide vital relief.”
Further south, supplies are getting through but oil remains expensive. In Oxfordshire, villagers are being asked to pay 65p/litre, compared to just 40-45p/litre a fortnight ago.
The situation is similar in eastern England, where temperatures plummeted to -13C in parts of Lincolnshire.
Residents in the eastern counties are being quoted 63-4p/litre for deliveries heating oil to outlying areas.
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