Dear fuel and election campaign: record prices for petrol and diesel
Petrol and diesel prices continue to rise between historical and annual records, while the Executive works on targeted aid in the midst of the election campaign.
Quick Look
The high cost of fuel is hitting the Government during the election campaign with record prices: petrol at 2.1 euros per liter and diesel at 2.208 euros per litre, while there is discussion about the end of the excise duty discount.
AI-generated summary
Why It Matters
Fuel prices reach high peaks in conjunction with international tensions and decisions on excise duties.
The high cost of fuel continues to give the Government no respite, at a moment that is becoming increasingly delicate as we enter the full electoral campaign. The increases continue to continue and this, in days of excitement among the Executive offices to finally put the "targeted aid" on paper, does not help.
Records are broken day after day. If for petrol - today at 2.1 euros per liter - we are referring to the annual highs, with values not too far from the highs of 2022, immediately after the start of the Russian-Ukrainian war, when the price of green petrol reached 2.184 euros per litre. About eight cents difference.
For diesel the situation is different. Because the historic maximum has already been reached during these months of Middle Eastern tension, also thanks to an increase in excise duties on diesel (equalising those on petrol) decided at the beginning of the year with the latest budget law.
The latest update is this morning and marks 2.208 euros per litre, 1.5 cents more than yesterday. All this with a cut on diesel excise duty which is worth 17.1 cents per litre.
The discount, in reality, is destined to cease. From Palazzo Chigi the intention was to interrupt it days ago and it is not a secret, given that Prime Minister Giorgia Meloni had explicitly said so at the party for the record of longevity of the Executive.
Open Questions
- What will be the Government's targeted aid measures?
- When will the diesel excise duty discount officially end?
