The Spanish National Energy Commission, the CNE, has denounced the “strategy of common pricing” for petrol and diesel, following the obvious and unified price increases during the Easter holiday period.
According to the regulatory body in its monitoring report for the month of March, the retail price of fuel rose on Holy Thursday, then “stabilized in three days”, only to return to a lower price on Sunday the 31st of March, coinciding with the end of the holiday return for millions of motorists.
The CNE notes that last month the average price of fuel after taxes fell for the first time since late 2012, with unleaded petrol at 1.469 euro per litre and diesel at 1,885. However, by contrast, the prices before tax was “of the highest” of the European Union, “just below Italy”.
The report highlights the gaps between the prices before taxes of fuels and referenced with international prices, which translates into an increase in a gross margin of 5.9% in the case of petrol, and 3.5% for diesel. An increase which accelerated during the first half of March, when it reached point values up to 19 and 17.7 cents respectively.
Price analysis for operators and locations show that independent gas stations set the lower retail price, in general, compared to those offered by the integrated carrier networks. The two main distributors, Repsol and Cepsa, showed similar prices of 1,467 euro per litre for petrol, with a minimal difference of around 0.2 cents for diesel.
Although the March consumption data is not yet available, the CNE reported that in February the demand for motor fuels fell 5.3% from January. In the full year, the decrease is 10.6% over the same period of 2012, and stood at levels of the late 90s.
Filed under: http://www.theleader.info/article/38708/
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