Unleaded 95 and diesel are reaching levels never seen in history in France at the start of the year. The explanations and the outlook for the coming months …
The gas pump is always harder on your wallet. At the start of the year, fuel price curves are reaching new historic highs.
The average price of diesel is 1.62 euro / liter, according to data compiled over fifteen years by the Carbu.com website. That is to say an increase of 31 cents in one year and 7.4 cents in a month. The previous record level dates from last November (1.57 euros).
Lead-free side, the E10 (SP95) is now billed on average 1.68 euros, according to the same source. Gasoline prices are above last fall levels. The government then reacted by promising the payment of an inflation compensation of 100 euros for the French earning less than 2,000 euros per month.
=> The “fuel check” is gradually paid
=> Kazakhstan: how the price of LPG triggered the revolt
Why is it still climbing?
This new episode of increase must be linked to health context… And its effects, which are considered limited on future economic growth. “Despite the rise in Omicron cases, European governments believe the time has come for easing restrictions, fueling hopes of a increased demand for oil“, Estimates the analyst Tamas Varga, quoted by Reuters news agency.
Example: investors no longer fear a big slowdown in aircraft traffic. And in the longer term, they no longer envision massive containment, leading to a freeze in the economy.
“With limited production growth from the countries of OPEC (Organization of the Petroleum Exporting Countries), its allies or American shale oil producers, stocks are expected to decline further by the end of 2022 ″, warns Reuters raw materials specialist John Kemp. The prices at the pump should logically continue to rise in the coming months.
Other fuel information:
How do I get the government fuel check?
Three tips for saving on fuel costs
Will electric be the new diesel?
Remember that the raw material (oil) only constitutes about a third of the price displayed on the totem pole. Taxes (value added tax and domestic consumption tax on energy products) represent approximately 60% of the price at the pump.
Photo: Fabrice Bolusset
To read on auto-moto.com:
80 or 90 km / h: the map of France of the departments
80 or 90 km / h on secondary road? Watch out for GPS!
How to find cheap gasoline? Our tips
Gasoline or diesel: advantages and disadvantages
Unleaded 95 and diesel are reaching levels never seen in history in France at the start of the year. The explanations and the outlook for the coming months …
The gas pump is always harder on your wallet. At the start of the year, fuel price curves are reaching new historic highs.
The average price of diesel is 1.62 euro / liter, according to data compiled over fifteen years by the Carbu.com website. That is to say an increase of 31 cents in one year and 7.4 cents in a month. The previous record level dates from last November (1.57 euros).
Lead-free side, the E10 (SP95) is now billed on average 1.68 euros, according to the same source. Gasoline prices are above last fall levels. The government then reacted by promising the payment of an inflation compensation of 100 euros for the French earning less than 2,000 euros per month.
=> The “fuel check” is gradually paid
=> Kazakhstan: how the price of LPG triggered the revolt
Why is it still climbing?
This new episode of increase must be linked to health context… And its effects, which are considered limited on future economic growth. “Despite the rise in Omicron cases, European governments believe the time has come for easing restrictions, fueling hopes of a increased demand for oil“, Estimates the analyst Tamas Varga, quoted by Reuters news agency.
Example: investors no longer fear a big slowdown in aircraft traffic. And in the longer term, they no longer envision massive containment, leading to a freeze in the economy.
“With limited production growth from the countries of OPEC (Organization of the Petroleum Exporting Countries), its allies or American shale oil producers, stocks are expected to decline further by the end of 2022 ″, warns Reuters raw materials specialist John Kemp. The prices at the pump should logically continue to rise in the coming months.
Other fuel information:
How do I get the government fuel check?
Three tips for saving on fuel costs
Will electric be the new diesel?
Remember that the raw material (oil) only constitutes about a third of the price displayed on the totem pole. Taxes (value added tax and domestic consumption tax on energy products) represent approximately 60% of the price at the pump.
Photo: Fabrice Bolusset
To read on auto-moto.com:
80 or 90 km / h: the map of France of the departments
80 or 90 km / h on secondary road? Watch out for GPS!
How to find cheap gasoline? Our tips
Gasoline or diesel: advantages and disadvantages
