U.S. Energy Secretary Jennifer Granholm said U.S. gasoline prices should fall further after falling below $4 a gallon for the first time since March, according to Bloomberg. “We hope that’s true, but, again, it could be affected by what’s going on globally,” Granholm said on CNN’s “State of the Union” Sunday. Prices in the fourth […]
Tag: petrol
Unleaded oil falls below 2 euros/liter
By Haris Fludopoulos The prices of unleaded petrol have registered a significant drop following the recent decline in international fuel prices. It is typical that from the highs of last June at 118 dollars per barrel, international oil prices have now fallen below 100 dollars, reaching up to 94 dollars last Friday. According to the […]
Fuel consumption is on the rise despite rising prices
Despite the increase in prices, fuel consumption remains higher compared to last year, according to data for the first five months of the year. The increase in consumption is partly due to the fact that in 2021 there were restrictions on travel which do not exist this year and the contribution of tourism is important, […]
Britain: Retail petrol and diesel prices hit new high – Cost of living crisis intensifies
Retail petrol and diesel prices in the UK reached a new high on Thursday, intensifying pressure on the cost of living of British consumers, according to Bloomberg. The average price of gasoline reached 1.9022 pounds-pounds per liter, setting the cost of filling a 55-liter tank of a family car reaches 104.62 pounds, according to the […]
Biden: Demands three-month suspension of federal fuel tax
US President Joe Biden called for a temporary suspension of the federal tax on gasoline on Wednesday, intensifying his efforts to limit the rise in fuel prices at the pump. More specifically, the proposal submitted to Congress by Biden provides for the suspension of the federal tax on gasoline and diesel for three months, a […]
How the price of gasoline is shaped by the new subsidies
Of Thanks to Floudopoulos The measures announced yesterday by the government to subsidize the price of fuel bring significant relief to drivers, as the final prices that are formed fall below 2 euros per liter. Specifically, for gasoline the subsidy for 180 liters of fuel reaches 44 cents per liter for the mainland and 52 […]
SYRIZA-PS MPs: To publish the quantitative and qualitative data of the controls at the gas stations
At the initiative of the Head of Development and Investment of the SYRIZA-PS Central Committee, Alexis Haritsis, in collaboration with the Deputy Heads of Sectors, Harry Mamoulaki & Giannis Sarakiotis, 62 SYRIZA-PS MPs asked a question about the publication of quality and quantitative data liquid fuel. As SYRIZA-PS MPs note, inflation reached 11.3% in May, […]
Fuel Pass decisions ‘locked’ – Announcements tomorrow
A meeting on energy under the Prime Minister was held at the Maximos Palace, with the participation of the Ministers of Finance, Energy, Development and Rural Development. Details of the government’s new fuel intervention, which will take effect on July 1st and run for three months, have been finalized, with official announcements expected tomorrow. From […]
Fuel Pass decisions ‘locked’ – Announcements announced on Tuesday
LAST UPDATE 13:20 Tomorrow comes the government announcements tomorrow in support of the citizens against the rally of fuel prices. Starting from the meeting of the cabinet, the prime minister is expected to give the position and the framework of the new interventions of shielding the citizens, while, then and more specifically at three in […]
Exceeding revenues by € 2.9 billion in 5 months paves the way for Fuel Pass 2
By Tasos Dasopoulos The increase in tax revenues by 1.16 billion euros for May and 2.9 billion euros for the five months of January-May creates the margins for the repetition of the fuel subsidy measure and the adjustment of the subsidy to diesel. Commenting on the development, the Deputy Minister of Finance Mr. Theodoros Skylakakis […]