Gas is already cheaper than before the war, applying the 20 cents bonus

It’s been eight weeks since fuel prices dropped, a period during which a 16% reduction was recorded. According to the European Union Petroleum Bulletin published this Thursday, which includes the average price of more than 11,400 Spanish service stations from 9 to 15 August, gasoline is now at 1,797 euros after a 3.34% decline, while diesel is quoted 3%. It rose to 1,806 euros after a decrease of .34. 2.58%. So, as of this Monday, and taking into account the figures provided by the Ministry of Ecological Transition geoportal, subtracting the 20 percent discount from the price of this fuel, gasoline is at lower levels than before the outbreak of war. Cents imposed by the government.

In this regard, it should be noted that the average cost per liter of gasoline on February 23, the day before the declaration of war, was 1,589 euros compared to the current 1.78. If a discount is applied in this way, the price of this fuel is 1.58, so filling a tank is now cheaper. Again, It’s not the same with diesel.because the pre-war price was 1,479 and is currently set at 1,811 on average.

The fact is that, except for certain moments, the price of diesel has remained above the price of gasoline, as usual, since the beginning of the invasion of Ukraine. Although there is one that stands out above the others, there are numerous reasons to explain this trend change. And this Although Russia did not cut the supply, it decreased the quantity.. In addition, Europe has traditionally had more gasoline refining capacity, making it more vulnerable to diesel.

However, with reference to the figures given by the European Union Petroleum Bulletin, the prices of both fuels have decreased more or less. lowest level since April 11falls below the two-euro limit. In any case, it remains well above levels just a year ago, notably 26% higher in petrol and 42.6% higher in diesel. If the government’s 20-cent bonus is applied, gasoline is 12.7% more expensive and diesel 26.8% more expensive than in August last year.

In this sense, it should be noted that Last bank holiday in August was the most expensive holiday in history in terms of fuel, just one of the times of the year when more trips are recorded on the roads. So far, the highest prices on this bridge were those in 2012, ten years ago, when a liter of gasoline cost 1.47 euros and diesel cost 1,395 euros, representing 8% and 13%, respectively, less than current prices. In any case, the prices paid on the last bridge are 18 percent lower for gasoline and 15 percent lower for diesel, compared to the records reached just at the beginning of summer. ceiling, so drivers found themselves some respite.