Oil shock impact
See how oil market shocks change petrol vs EV running costs
This is a free UK calculator. Enter your figures to get an instant, personalised result — no signup, no email capture, no upsell.
Frequently asked questions
What does the disruption multiplier represent?
It's the factor by which the wholesale oil price (and therefore UK pump price) rises during a given event. The values are calibrated against historical shocks like 2022 and 1973.
Why is electricity only partly affected by oil shocks?
UK electricity comes from a mix of gas, nuclear, wind and solar. Oil isn't a major input, so shocks pass through far more weakly — typically 8–20% of the petrol shock size.
Are these scenarios forecasts?
No — they're illustrative scenarios for planning. They show what your costs would look like if a given event occurred, not a prediction that one will.