Athens Times

The question of time for petrol to reach 2 euros – attributed to the new increase

—

in

The recent rise in international crude oil prices is a bad guess for consumers everywhere. Of the $70 – $75/varelli that was found the Brent variety before two months, it is now trading close to $86, which increases fuel, such as diesel, in Europe and Greece. The problems with shipping in the Red Sea combined with attacks on Russian refineries, OPEC’s unwillingness to open the barrels and historically high demand internationally are the main causes of the rise. The increased price of argon, if maintained, is expected to lead to higher petrol prices that are likely to exceed 2 euros ahead of Easter exit. In the last few days the unleaded reached 1,925 euros/litre with a boost from the two upper three days. As the President of the Association of Agents of Attica, Nikos Papageorgiou, told the ERT: “The price of unleaded is close to two euros a litre. For ten days there has been an increase on the Greek market which has now reached nine to ten minutes a liter by the end of the week, that is until Friday. On Saturday, we may see a couple more minutes,” the president said and added: “An average price today that we are talking about is 1.93 euros per litre for the whole country, we may find it and 1.89 euros per litre in large urban cities, but also 2.12 euros per litre in the most remote islands.” Finally, we should point out both timeless factors that cost the Greek consumer dearly. One is the very high taxation of fuel that goes far beyond that in force abroad. This is certainly not going to change, as it is an important source of revenue for the public, while at the same time the government wants indirectly to push drivers towards alternative forms of movement, such as electric vehicles. The second factor is the classic diseases of the domestic market, as smuggling and speculation continue unabated. All the different “criticals” of the chain, from refineries to merchants and dealers over time blame each other without ever finding a solution to the problems.