what help after the surrender?

Fuel prices are on the rise again. After a few weeks of calm and the parenthesis of the presidential election, prices at the pump have been on an upward curve since mid-April and are again close to the symbolic two-euro mark.

The 2 euro bar is getting closer (again)

At the last count by the Ministry of Ecological Transition (Friday May 6) the average price per liter of diesel reached 1.94 euros (+6.2 cents compared to the previous week) and that of SP95 1.82 euros (+6 .1 cents compared to the previous week).

Already, this Wednesday, May 11, the price of diesel, SP95 and SP98 was above two euros per liter in some Parisian service stations. Taking a step back on the look of the curves since September 2021, we see that diesel reached its highest point on March 11 (2.14 euros), the same for the Super SP-95-E10 ( €2.03).

After a second peak around March 25, the prices of the two fuels then fell until April 15, with, respectively, 1.8 euro for diesel and 1.7 euro for SP95. It is since this date, approximately three weeks, that the trend has been on the rise.

What worries is that this rise in prices takes place despite the rebate granted by the government: since April 1, the public authorities have set up a discount of 18 cents including tax per liter at the pump. At present, the real prices, without aid, should in principle be around 2.10 euros for diesel, which is very close to its highest recorded.


Why this resurgence?

This revival of the gasoline note can be explained for at least two reasons. First, the price of gasoline at the pump naturally follows that of a barrel of crude oil. At the peak, on March 11, a barrel was trading at 111 euros, very close to the day’s quotation which is around 105 euros.

In recent days, another threat weighs on the courses: that of theEuropean embargo on Russian oil. At present, the 27 have not yet managed to agree on a sixth package of sanctions, due to the opposition of countries very dependent on Russian hydrocarbons (notably Hungary).

However, the agreement, which seems close, is anticipated by the markets, which are betting on a scarcity of supply and therefore a rise in prices (Russia is the second largest producer in the world, with around ten million barrels per day).

Fuel price inflation therefore looks set to continue, while the rebate of 18 cents must end on July 31. To replace it, the renewed government is already thinking about a new tariff aid, but which would be more targeted.

What aid after the rebate?

According to The galleryit could be a check or tax credit, but which are distributed only to households that need it the most (low income or traveling a large number of kilometers for work). All the work in progress at Bercy consists of identifying the outline of the future households concerned.

In the meantime, he still has to convert his vehicle to E85 superethanol, the price per liter of which is around 0.80 euro cents at the start of May. Switching to electric (the cost of which is also increasingly displayed in stations) can also be a solution.

We recently devoted a dossier to the vehicles that consume the least fuel on the market to help save fuel. And, on a daily basis, you can also use several mobile applications or sites that list the cheapest stations: Gas Buddy, Fuel flash, Gasoline & Co, Zagaz, Cheaper fuel, etc.

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