Despite the rebate of eighteen centimes per liter, the course of two euros is approaching for gasoline. For the past few weeks, according to reports from the Ministry of Ecological Transition, this fuel and diesel have been following divergent trajectories: the first has seen its price soar, while the second has fallen after reaching a peak in early May.

In detail, last Friday, gasoline was at its highest since the end of March, almost completely canceling the effect of the rebate per liter granted by the executive since April 1. The liter of SP95 thus cost 1.9722 euros on average, jumping 8.8 cents in one week. The increase is also strong for the SP95-E10, at 1.9386 euros, and for the SP98, which returns to the bar of two euros to settle at 2.0351 euros per liter. Conversely, diesel has been in continuous decline for two weeks, having lost 9 cents.

From now on, the liter of SP95 costs 3 cents less than at the end of March, before the entry into force of the discount. The SP95-E10 costs 2.8 cents less, and the SP98 only 2.7 cents less. The effect of this measure was therefore reduced to almost nothing by the economic situation. In one month, these three fuels have seen their bills increase by 19, 20.4 and 20.1 cents respectively. What weigh heavily on the full tank.

The surge in prices at the pump is perceptible throughout Europe, with rare exceptions. In mid-May, the services of the European Commission reported worrying figures: six Member States had a liter of SP95 above the two euro mark, and only four at less than 1.6 euro. France, where taxation is heavier, is more in the front runners. The price difference between different countries is striking, exceeding one euro per liter between Hungary and Finland, for example. The weight of taxes plays in this comparison: on this point, France is vice-champion of Europe, behind Malta.

The explosion in the price of gasoline goes hand in hand with the price of raw materials, which constantly fluctuates according to the international landscape. Monday morning, the barrel of Brent was displayed at 113 dollars, its highest level since the end of March. Prices continue to be driven by the war in Ukraine, while the European Union continues to negotiate on an embargo targeting imports of Russian oil and petroleum products, on which the twenty-seven are heavily dependent.

The stakes are high: the subject of purchasing power has become central in recent months, as households see their wallets eroded by inflation. The executive assures that he will propose substantial avenues to respond to the concerns of the French in an upcoming exceptional law for purchasing power. The text must be presented to the Council of Ministers before the legislative elections and it will be the first examined by the new National Assembly, said government spokeswoman Olivia Grégoire on Monday after the Council of Ministers.

Among the measures proposed, the rebate per liter on fuels, which should end at the end of July, should be extended. What relieve the French who wish to take their vehicle to go to their vacation spot, this summer…

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