Thursday, December 8

Where are gasoline and diesel more expensive and cheaper?


The invasion of Ukraine has caused Brent oil, the benchmark in Europe, to be traded even at more than 115 dollars a liter and that the price of gasoline in Spain has set its fifth consecutive weekly record.

According to the Petroleum Bulletin of the European Union, since the beginning of the year the price of diesel has shown a continuous upward trend until reaching an average of 1,608 euros per liter in Spain, while diesel does so at 1,496 euros. Both figures are the highest ever recorded, and similar figures have not been remembered since the previous historical maximum, in 2013, when it stood at 1.4 euros. Thus, so far this year, the price of a liter of diesel has already increased by 24%.

With these prices, filling an average 55-litre tank with gasoline currently costs more than 88 euros, while with diesel it exceeds 82 euros, which means paying 23 euros more than at the beginning of 2021 whether using gasoline or choosing diesel oil.

The cheapest gas oils on March 30

1. ALICANTE SAN CRISTOBAL CAÑADA COOPERATIVE. BIAR STREET, 1 03409 (
€1,551/l)

2. HUELVA SAT LTDA GRUFESA MOGUER. CUESTA DE LA PILA STREET, S/N 21800
(€1,588/l)

3. GRANADA SAN LORENZO SCA ZAGRA. ZAGRA- ALGARINEJO km 1 18311
(€1,600/l)

4. TARRAGONA CATERRA POBLA DE MASSALUCA (LA). GLORIETA STREET, S/N 43783
(€1,610/l)

5. TERUEL SCOAVAL VALDEALGORFA. BEATO MARTINEZ PASCUAL STREET S/Nº 44594
(€1,630/l)

These prices are those that are recorded on average in Spain, but reality indicates that there may be significant differences between the different provinces, towns, and service stations, even with the same brand or flag.

The cheapest gasoline on March 30

1. TERUEL. PETROTER, INDUSTRIAL POLYGONO SALE OF BARRO PLOT C1, 44511
(€1,232/l)

2. TERUEL. PETROTER, ARCHBISHOP ALALATE. ROAD A223 KM. 33 44540
(€1,232/l)

3. TERUEL BIOTERUEL SL, INDUSTRIAL POLYGON “PORTAL DEL MAESTRAZGO”, 5 44560
(€1,232/l)

4. JAEN SABIOTE CASTLE SABIOTE. SABIOTE-TORREPEROGIL ROAD KM. 1.5 23410
(€1,521/l)

5. JAEN SCA SAN VICENTE MOGON. ROAD MOGON – ARROTURAS KM. 9.2 23310
(€1,570/l)

Thus, the most expensive gas stations these days are located in Montseny (Barcelona), where 95 gasoline costs 2,139 euros per liter, according to MITECO. It is followed by Herrera del Duque, in Badajoz, where it is sold at 2,109 euros.

As for diesel, the Andalusian towns of Torres and Aldeahermosa are the ones with the most expensive liter in all of Spain, at a price of 2,287 and 2,176 euros. The third position is for Altorricón (Aragón), with a price of 2,160 euros per liter.

According to the analysis of the National Association of Automatic Service Stations (AESAE) with the prices published in the
Geoportal of the Ministry for the Ecological Transition, the price difference in the different provinces ranges between 5 and 22 cents. Tarragona is the province where consumers can save the most when choosing the station, since the average difference is 22 cents in gasoline and 21 cents in diesel (between automatic and traditional gas stations). The Catalan province is followed by Cantabria and Gerona, with a difference of 18 cents in gasoline. And in diesel, they are followed by Cantabria (19 cents) and Guadalajara (18 cents).

On the other hand, the provinces with the lowest price fluctuations are Guipúzcoa (6 cents), the Balearic Islands and Badajoz (8 cents) in gasoline 95, and Orense (5 cents) and Cáceres (6 cents) in diesel.

Taxes from 46 to 50%

All in all, it is necessary to remember that in reality, Spanish consumers only pay half of what it costs us for the product since, as indicated by the
Spanish Association of Petroleum Products (AOP)almost 50% are taxes.

The retail price (RRP) is made up of two main elements: the taxes and the price before taxes (PAI). Depending on the type of fuel, diesel A or gasoline, the levy of the Special Tax on Hydrocarbons (IEH) varies, however, we can summarize that the taxes constitute between 46 and 50% of the final price. The remaining part corresponds to the price before taxes, which includes the international price of wholesale fuel and the gross distribution margin, that is, the costs of logistics and storage, the cost of transporting the fuel to the service station, the costs of service stations, the cost of incorporating biofuels, the cost of strategic reserves, the cost of contributing to the National Fund for Energy Efficiency and the profit margin of wholesalers and retailers, etc.

In Spain, in the absence of one, there are four taxes on fuel:

The first of these is VAT on fuel, which is set at 21%. To this must be added the State-owned Special Taxes on Hydrocarbons, specifying a fixed amount for each liter. The main energy products that are subject to taxation by the Tax on Hydrocarbons include Gasolines, Kerosene, Gas Oils, Fuel Oils, Liquefied Petroleum Gases, Natural Gas and finally Biofuels and Biofuels, when they are used as fuel or fuel.

The Special Tax on Hydrocarbons is applied only in the Peninsula and the Balearic Islands. It is not applicable in the Canary Islands, Ceuta and Melilla.

These taxes, added to VAT, account for more than half the price we pay at gas stations when refueling. In the retail price of a liter of gasoline, 55% are taxes, 15% distribution costs and margins, and 30% raw material costs.

In diesel, the case is very similar, although the tax burden is somewhat lower, 50%. However, distribution costs and margins are 14% and raw material rises to 36%.


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