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Fuel shortage: is the rise in diesel and gasoline prices legitimate? News from Auto Plus in your smartphone News from Auto Plus in your mailbox

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Fuel shortage: is the rise in diesel and gasoline prices legitimate?  News from Auto Plus in your smartphone News from Auto Plus in your mailbox

For about two weeks, the French have been experiencing a new difficult situation. After long months of incredibly high fuel prices, it’s finally over, and the workers TotalEnergies and ExxonMobil are still on strike. They demand a salary increase of at least 10%. And so far they have not succeeded, and the negotiations seem to have reached a dead end. Except that it is not very pleasing from the side of motorists. Indeed, almost all service stations are empty, and those that have fuel are jammed, queues last for several hours.

Sharp rise

But in addition to the collision with a shortage of gasoline and diesel fuel, drivers also have to deal with another problem: rising prices. Although they fell sharply, thanks in particular to handovers from the government and TotalEnergies, they rose sharply. According to the State, last week the average price of a liter of diesel fuel increased by 12 cents, or about 1.92 euros. Gasoline prices have also risen sharply, which upsets road users who need to drive their cars every day. But is this flash really legit? Many of us ask ourselves this question.

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Yes but

Unfortunately, there is no recourse, as this price increase is in no way illegal. This depends on several factors, including the law of supply and demand. The former is very low compared to the latter, which drives up prices. But that’s not all, because oil-producing countries have reduced exports and also raised tariffs. However, the government says it has taken measures to stop fraud to ensure all service stations continue to apply the 30 cent discount.

Author: Mary Lizak
Source: Auto Plus

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