Motorway speed limit could be cut to 64mph and Sunday driving banned to tackle oil crisis

There are calls to ban Sunday driving and cut the motorway speed limit to 64mph. It comes in a bid to tackle the ongoing oil crisis.

The 10 measures outlined by the International Energy Agency (IEA) could cut global oil demand by 2.7million barrels per day. They include a ban on driving on Sundays – as well as a restriction on motorways, by cutting speeds limits to 64mph.

“As a result of Russia ‘s appalling aggression against Ukraine, the world may well be facing its biggest oil supply shock in decades, with huge implications for our economies and societies,” said IEA executive director Fatih Birol.

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“IEA Member Countries have already stepped in to support the global economy with an initial release of millions of barrels of emergency oil stocks, but we can also take action on demand to avoid the risk of a crippling oil crunch.

“Our 10-Point Plan shows this can be done through measures that have already been tested and proven in multiple countries.”

Responding to the latest fuel price figures, RAC fuel spokesman Simon Williams said: “Monday marked the first day this month where average fuel prices didn’t reach new record heights. Prices steadied with very slight reductions in both petrol and diesel, perhaps indicating that retailers may have finished passing on their increased wholesale costs for the time being.

“To put things in perspective for drivers, the delivered wholesale price of petrol currently stands at £ 1.30 and diesel at £ 1.48. With prices this high before retailer margin and 20% VAT are added, it’s clear we are in a tough place when it comes to being able to afford to drive.

“This is why it’s crucial the Chancellor takes decisive and meaningful action in his spring statement that helps hard-pressed drivers and businesses.”

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