The average price at the pump reached 1,5354 Euro last week, an increase of 28% over one year. Even in 2018, at the beginning of the crisis of “yellow vests”, the liter of diesel was not as expensive.
Le Monde
Even in 2018, at the beginning of the crisis of “yellow vests”, the liter of diesel was not as expensive. The average price at the pump reached 1,5354 Euro last week, according to the figures of the Ministry of the Ecological Transition. The price of the liter of Lead 95 amounted to 1.60 euro, still below the 2012 record, at 1.66 euro.
On a year, while the crisis due to the coronavirus had dive the price of oil and therefore fuels last year, the rise is 28% for diesel. By way of comparison, in 2018, at the time of the crisis of “yellow vests”, prices had increased by 22.6% over one year for diesel. But if, at the time, part of these increases explained by a weighing of taxation, this is not the case in 2021, the government has frozen fuel taxes in 2018.
The explanation is to look for oil prices, which have been flying for several months. The price of Brent barrel reached $ 82 last week, an increase of more than 10% since September . It traded around $ 35 (about 30 euros), after falling below $ 20 during the first wave of COVID-19 and spring confines.
The government is ready to “React”
But, explain the echos relying on a note from the bank of France on the question, the wholesale price of refined diesel takes a week To be reflected for half in retail prices charged at the pump to motorists. “It takes on average eleven working days to observe 90% of price change transmission, and the total impact at fuel prices takes about twenty working days”, according to this study of the Banque de France.
The variation in fuel prices has little impact on the amount consumed, households often have no choice but to use their vehicle in their daily lives. This rise in pump prices therefore weighs directly on their budget, in which fuels account for 10% of the revenues for the most modest, 3% for the easiest.
Thursday, the Minister of the Economy, Bruno The Mayor, Assured on RTL that the government could decide to take steps to compensate for rising prices. “On diesel and gasoline, if the flight continues, it will react, he said. It was done on gas and electricity, so if it must be done on fuel We are ready to do so. “Beyond targeted aids, taxation could be a tool for lightening the rise in oil prices: despite the gel of taxes, it represents about 60% of the price paid by motorists.