This month of October was difficult for motorists on the fuel price front. The main fault is the shortage caused by the blocking of a large majority of refineries in France. In fact, the portfolio has toasted.
Queues several tens or even hundreds of meters long, service stations closed for lack of fuel. Nothing foreshadowed such scenes in France just a month ago. And yet. It happened and the situation – although greatly improved – is not completely back to normal.
And who says rare product says expensive product. The law of supply and demand which has seen the price of petrol, diesel and even Superethanol-E85 soar! In October 2022, only LPG resisted.
+14 cents for diesel
In fact, if we take the prices communicated by our partner Carbu.com, the average price per liter of diesel increased by 14 cents between October 1 and October 31. It was €1.71 at the beginning of the month to end at €1.85. And that taking into account the government fuel discount of 30 cents per litre. This gives us a “real” price of €2.01 on October 1 and €2.15 on October 31!
Between 5 and 10 cents for gasoline
Motorists running on gasoline also toasted. Those using Unleaded 95 (E5) more than those using E10. Count 10 cents for the first (€1.57 on average on October 1, €1.67 on average on October 31) against “only” 5 for the second (€1.53 against €1.58 on the same dates.
Big increase for E85
The most surprising remains the increase suffered by bioethanol. Its average price was €0.68 on October 1 against €0.81 on October 31 on average in the territory. That’s 13 cents difference. This represents a 19.12% increase over our reference period.
New increase in November
Regardless of the fuel (diesel, gasoline, LPG, E85), there will be a significant increase from October 16. It is indeed on this date that the government will lower the amount of its fuel discount from the current 30 cents to 10 cents. In effect, this means that all fuels will increase their price by 20 cents.