Rising Diesel Prices Cost European Drivers 203 Million Euros a Day.
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The increase in diesel prices cost European motorists an additional Euro203 million daily, written by Financial Times, which was estimated by Transport & Environment (T&E) after analysing the data of the European Commission.
Record diesel prices are costing Europe 203 million euros a day to consumers according to a new T&E study, while oil companies are making historic profits. In Europe, their last quarterly profits have even doubled. “Without an interruption of the geopolitical crisis on the horizon - explains the environmental NGO - it is necessary to rapidly increase electric vehicles through scrapping schemes [...] The article Geopolitical crisis, Europe pays 2…
The rise in diesel prices has significantly increased the cost of fuel for European drivers, who are paying an additional €203 million every day, at a time when Europe is more exposed than any other major economy to energy market turmoil. European consumers are now paying around €30 more for each 50-litre tank, as the price of diesel has risen by 40% since the start of the year. In the same period, the price of petrol has risen by 28%.
European drivers pay an additional 30 euros at each diesel mobilization, with prices rising 40% since the beginning of the year, to an additional continent-wide cost of 203 million euros per day, according to an analysis by the European Commission's non-governmental organization Transport and Environment. The price of gasoline rose 28% during the current year, compared with the increase in the price of diesel, which recorded record levels [...] …
Europeans spend 30 euros more each time they fill their tank with diesel, while the continent bears the strongest impact of the high fuel prices of all major economies, shows a new analysis by a specialist NGO consulted by the Financial Times.
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