Meet RACQ's Fuel Guru

Corporate
Our very own ‘Fuel Guru’ Doctor Ian Jeffreys recently took part in RACQ’s latest expert panel series, answering questions from Queenslanders about fuel prices and trends.

Ian, a public policy expert with a PhD in economics, is responsible for monitoring the global fuel market closely to provide our members with valuable advice on when to fill the tank, and when not to. 

While fuel is Ian’s bread and butter during the week, you’re unlikely to find him filling up at the local servo.

“For as long as I can remember I’ve ridden my bike. I grew up in a small town in the middle of England and my friends and I just used to ride everywhere. I’ve always ridden to work, but it’s probably only the last 10 years I’ve gotten very serious into racing. I like the longer races, the longer challenges. I’m nowhere near the podium, but that’s fine.”

While pedal power may be Ian’s energy source of choice, he genuinely believes in the importance of RACQ’s fuel advocacy, even with society’s growing focus on clean energy and an increasing consumer appetite for electric vehicles.

“I think a lot of people in Queensland are going to be buying petrol and diesel vehicles for a long time to come,” Ian said.

“In the future it’s to be a range of fuels depending on the vehicle size and use. But for passenger cars the future is battery electric vehicles. While most charging will be done at home. There will be an ever-growing network of public fast chargers and super-fast chargers, and there’ll still be a role for RACQ to lobby to make sure these prices are fair.

“The fuel and energy we use will change but the need for these to be affordable, reasonably priced and widely available will remain”.

You can watch RACQ's Fuel Panel Series here.

 

Related topics

  • The information in this article has been prepared for general information purposes only and is not intended as legal advice or specific advice to any particular person. Any advice contained in the document is general advice, not intended as legal advice or professional advice and does not take into account any person’s particular circumstances. Before acting on anything based on this advice you should consider its appropriateness to you, having regard to your objectives and needs.

    Insurance products (excluding Travel Insurance) are issued by RACQ Insurance Limited ABN 50 009 704 152 (RACQ). Conditions, limits and exclusions apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the PDS and any applicable Supplementary PDS before making a purchase decision on this product. You can also access our Target Market Determinations on this website.

    Banking and loan products issued by Members Banking Group Limited ABN 83 087 651 054 AFSL/Australian credit licence 241195 trading as RACQ Bank. Terms, conditions, fees, charges and lending policies apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the disclosure documents for your selected product or service, including the Financial Services Guide and the Terms and Conditions, and consider if appropriate for you before deciding.

    Except for RACQ Bank, any RACQ entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of RACQ Bank. RACQ Bank does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.

    RACQ Operations Pty Ltd (ABN 80 009 663 414 AR 000234978) and Members Travel Group Pty Ltd (ABN 45 144 538 803 AR 000432492) are acting as an Authorised Representative of the issuer of the insurance, Tokio Marine & Nichido Fire Insurance Co., Ltd. (ABN 80 000 438 291 AFSL 246 548). Any advice set out above is general in nature only, and does not take into account your objectives, financial situation or needs. Before purchasing any travel products, please consider the RACQ Travel Insurance Product Disclosure Statement (PDS) and the Target Market Determinations (TMDs) that apply to these products. Whilst the PDS outlines the Terms and Conditions of these products, the TMDs outline the intended class of customers that comprise the target market for these travel products. This will allow you to consider which products best suit your objectives, financial situation and needs and consider the products appropriateness to your personal circumstances. TMDs also outline matters involving the distribution and the review of these products. The PDS, Supplementary PDS and TMDs for each travel product can be found here.