‘Low-cost’ gas stations challenge big oil companies with historic price differential in summer

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This gas stations Low cost they put pressure on big oil companies in the middle of summer. ‘Low-cost’ networks are taking advantage of the trade shock in the industry, due in part to its withdrawal. special discounts Fuels to face the ability to sell drivers cheaper fuel than traditional companies after several weeks of high fuel prices on the Spanish market.

At the first big gates exit process This summer highlights a historic gap between the prices of independent gas stations, where millions of car journeys are expected in the coming days, and the prices of major oil companies, especially diesel.

As highlighted by National Association of Auto Service Stations (Aesae), ‘Low-cost’ employers reported that the national average price difference between conventional and independent gas stations in the price of diesel, the most consumed fuel in the Spanish market, climbed to a record 18 euro cents per liter. When it comes to gasoline, the difference is slightly below Easter levels, at an average of 14 cents per liter between the two types of gas stations.

diesel vs. petrol

The association of low-cost networks integrating companies such as Ballenoil, Petroprix or BonÁrea emphasizes that large oil companies are taking advantage of the feeling of a limited diesel supply due to the veto on imports from Russia due to the occupation. Announcements by Ukraine and OPEC to cut oil production to maintain or raise diesel prices.

“The offer is not as limited as one might think, but that perception favors the traditional ones to increase the gap with their automatic gas stations, which offer tighter margins and are their competitors in this market,” he explains. Manuel Jiménez Perona, president of the Aesae.

“Consumers who demand gasoline are less price sensitive and therefore fluctuations are smaller, while maintaining year-round differences, so are those who refuel with diesel,” explains the president, according to the association of independent gas stations. “The proof is that diesel is the best-selling fuel at automatic gas stations.”

Big oil companies have shocked the industry with their new business strategies in recent months. Evaluating Holy Week, another holiday period where private vehicle transfers are intense, companies announced small discounts by withdrawing the fuel discounts of 10 cents per liter they had applied since the beginning of the year. Repsol, Cepsa, BP or Shell lowered general fuel discounts on full holidays in April.

difference between regions

datas Hydrocarbons Geoportal Ministry of Ecological Transition, a digital platform with prices of all Spanish gas stations.

Cantabria is the region that offers the differential at 26 cents per liter. diesel. They are followed by Navarra (22 cents), the Community of Valencia (20 cents), Andalusia, Madrid and Asturias (19 cents) and La Rioja and Catalonia (18 cents). The Balearic Islands are the autonomous region with the least difference in diesel at 13 cents, followed by Aragon, the Basque Country (14 cents), Extremadura, Castilla La Mancha (15 cents), Murcia (16 cents) and Castilla y León (17 cents). cents).

in case of gasoline, Geoportal confirms that Cantabria is the community with the highest difference at 21 cents per liter, followed by Catalonia (20 cents), Community of Valencia (19 cents) and Community of Madrid and Navarra (15 cents). At the other extreme, Extremadura, the region with the least difference with gasoline at 10 cents per liter, is followed by Murcia, Castilla La Mancha (11 cents), Balearic Islands, Galicia, La Rioja and Castilla y León (12 cents). .

Cheaper than a year ago

Fuels in the Spanish market are accumulating in five-week increments, but filling the tank in the first operation this summer will clearly be cheaper for drivers than it was a year ago. According to the EU Petroleum Bulletin, the average diesel price this week was 1,441 euros per liter, up 0.98% from seven days ago; The average price of one liter of gasoline increased by 0.062% in one week to 1,598 Euros per liter.

At these prices, filling an average 55-liter diesel tank is equivalent to about 79.25 Euros for this Exit Operation, 104.5 Euros – about 25 Euros more than last year. When it comes to gasoline, filling an average 55-litre tank currently costs around 87.89 euros, about 18 euros less than at the beginning of summer 2022.

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