Nearby for motorists bordersyou can go to other European countries in order to benefit preferential tariff. Advice lower budget allocated to his car
From the end of 2023 general decline fuel prices are indicated in all countries in Europe. Whereas in same time, the price of electricity (and therefore charging) increases. Here’s an update on rates at the stations in early 2024.
Why the price difference?
What can explain such a difference between costs essence of European countries? The price is set based on 4 criteria.
First, we find the cost of crude oil, as well as its processing. The intrinsic value of oil depends on its quality but also taxes payable in the country in which it is located extract. Nor should we forget stock manufacturer
Next comes refining. This is the moment we’re going to do it warm raw materials with a purpose extract bitumen, fuel oil, and also premium fuel.
The price is also related to the cost of transport decided here by the margin transport and distribution It is worth the cost transportation finished product to fuel composition
It should be added to this stock what the distributor does by reselling fuel motorists
finally, the last parameter consider: taxes They differ strongly in the function countries. There is a tax in France 60% from the price of a liter. In a word, one liter 2 euros will be sold without any taxes 80 cents.
The situation in Europe
Here is the average price of fuel according to Cargopedia website as of February 1, 2024for fuel at border countries to France, as well as to Portugal.
France:
- Gasoline: 1.79 euros
- Diesel: 1.76 euros
- LPG: EUR 0.98
Belgium:
- Gasoline: 1.60 euros
- Diesel: 1.75 euros
- LPG: EUR 0.73
Germany :
- Gasoline: 1.74 euros
- Diesel: 1.73 euros
- LPG: 1.07 euros
Luxembourg:
- Gasoline: 1.52 euros
- Diesel: 1.53 euros
- LPG: €0.75
Swiss:
- Gasoline: 1.91 euros
- Diesel: 2.09 euros
- LPG: 1.23 euros
Italy:
- Gasoline: 1.81 euros
- Diesel: 1.77 euros
- LPG: EUR 0.71
Spain:
- Gasoline: 1.55 euros
- Diesel: 1.50 euros
- LPG: EUR 0.93
Portugal:
- Gasoline: 1.69 euros
- Diesel: 1.61 euros
- LPG: EUR 0.82
Read also:
- AI Lab: Volkswagen is creating an artificial intelligence lab
- Are drivers really more environmentally friendly?
- The end of thermal cars in 2035: a huge turnaround?
Source: Auto Plus
Robert is an experienced journalist who has been covering the automobile industry for over a decade. He has a deep understanding of the latest technologies and trends in the industry and is known for his thorough and in-depth reporting.