As Spain faces a steadily rising cost of living, motorists are feeling the pinch at the pump, with petrol prices surpassing €2 per litre at more than 150 service stations in Aragón. With the national average for regular petrol now at €1.866 per litre as of September 17, the stage is set for further financial strain, particularly as government fuel discounts are set to expire at the end of the month.
The surge in fuel prices, which have climbed for 11 consecutive weeks, corresponds with a 2.88% increase from the previous week. Diesel has not been spared, with prices rising to €1.834 per litre. These increases are largely driven by escalating global oil prices, exacerbated by disruptions in energy supplies from the Middle East, affecting Spain’s heavily import-dependent crude oil market.
Currently, the Spanish government offers a temporary fuel discount, reducing petrol costs by 5 cents per litre and diesel by 20 cents. However, this relief is scheduled to conclude on September 30, which could push diesel prices above the €2 per litre mark and bring petrol prices dangerously close to that level. This impending change underscores the financial pressure on consumers, who may soon face even higher costs.
Amidst these challenges, price variability between service stations is becoming more pronounced, making it essential for consumers to compare prices diligently. As the cost of household fuel continues to climb, Spaniards are likely to adjust their consumption habits and seek out the most economical options available.