If you buy fuel , this is where your money goes.
There are 7 million private passenger vehicles in SA using around 23 billion litres of fuel annually – based on the 2017 ENATIS registered vehicle stats and Dept of Energy Fuel Volume Sales.
This equates to around 3285 litres per year or 250l of fuel per car per month.
At the current price of R16-85 ( 93 Unleaded) this would be R55 364 per year or R4613 per month!
If you fill your car once per week , then you are in this usage bracket.
For the purpose of this post, let’s round it off to R4000 per month per motorist.
With the fuel levy around R5 / litre , this accounts for R1250 of your fuel spend.
With 70% of our fuel spend going to work related travel, this is R2800 per month.
For 7 million motorists, that’s a monthly revenue of R19,6 Billion for government, a liquid volume of 1,75 billion litres of fuel and R 8,75 billion in Fuel Levy Revenue.
Kill the source.
Let’s assume that all 7 million motorists could work from home for 30 days and reduce that work fuel spend by 80%.
It would cut the individual’s fuel volume from 250L per month to just 50 litres per month or one tank and reduce the volume sales of fuel from 1,75 billion litres to just 350 Million litres.
It would leave a FUEL SURPLUS of an incredible 1,45 BILLION LITRES!
This would reduce their work fuel spend by R2240 per month to just R560 per month.
It would reduce total fuel revenue from R19,6 Billion to a staggering R3,92 Billion and leave a revenue VOID of R15,68 BILLION and a loss of R7,25 Billion in the Fuel Levy.
REMEMBER- this is JUST for private passenger vehicles ONLY. No Taxi’s , buses, trucks etc.
Once the revenue stream is reduced, government will have no choice BUT to lower the price.
With a massive fuel surplus and the threat of ongoing action, the need for oil imports will drop dramatically.
Basically, we hit them where it hurts the most – the same as they do to us.
Have you joined the SA FUEL WAR?