The price of gasoline and the price of diesel continue to fall

07/14/2022 at 16:26


Both would exceed the barrier of two euros per liter if the bonus of 20 cents launched by the government was not applied

The Gasoline and the diesel have fallen again in the last seven days until registration average prices of 1,872 and 1,822 euros per liter – applying the discount of 20 centimes from the government -, and maintain the downward trend recent weeks, coinciding with the start of summer.

However, according to data published this Thursday by the Oil Bulletin of the European Union (EU), which includes the average price recorded at more than 11,400 Spanish gas stations between July 5 and July 11, the values ​​of the two fuels would again exceed the barrier of 2 euros per liter if the premium were not applied Public.

With these prices andI gasoline cost down 2.1% over the past seven days after falling for the third week in a row, while the diesel, which continues its second fall, is 2.9% cheaper than a week ago. Despite this, if we exclude the mandatory discount introduced by the government, gasoline would exceed 2 euros per liter for the sixth time, settling at 2,072 euros; and the diesel would do it for the fifth time, marking a price of 2,022 euros.

Moreover, despite the fall recorded over the past week, the price that marks gasoline is the fifth highest in historyjust 3.6% below its all-time high, while diesel hit its fourth-highest price since records exist.

Behind the high levels that petrol and diesel have continued to record since the start of the year is mainly the price increase oil, a trend which has been reversed in recent weeks and which is starting to have a slight impact on the final price of fuel. To cushion the impact of rising petrol and diesel prices on citizens, the government has extended until the end of the year the premium of 20 cents per liter of fuel for all consumers.

Up to 26 euros more expensive than in January

The escalation of the two fuels caused the Gasoline prices have risen about 27% since the start of the yearversus 35% that diesel has become more expensive.

At current prices, filling an average 55 liter tank with petrol currently costs 103 euros, while with diesel it is 100 euros, which means paying around 22 euros more than at the start of 2022 if petrol is used, and 26 euros if diesel is chosen. However, thanks to the government bonus, consumers save around 11 euros when filling a tank of this type, whether gasoline or diesel.

Despite the historically high values, the price of both fuels in Spain – once the discount has been applied – remains below the European average, which, according to EU statistics, amounts to 1.96 euros per liter for the gasoline and 1,952 euros for diesel.

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