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The Government is considering reducing margins on fuel oil and petrol stations

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The government “will consider measures” that allow lower profit margins earned by operators in the price of fuel , and this could apply to “tax measures” being passed on businesses and not consumers, announced the vice Government, Soraya Sáenz de Santamaría, after the Council of Ministers.

Alongside this, the government is “studying contracts flagging service stations with distributors” in order to proceed to liberalize and thereby “allow easier changes” and “remove barriers to entry,” he said.

Saenz de Santamaria said that the prices of petrol and diesel have reached “a peak in recent weeks” and that in the fuel sector of the energy price increases on international markets move quickly to the supplier, which does not happen with the decreases, so that prices “go up like a rocket and fall like a feather.”

The measures “not yet decided” and go to “speak to the sector,” said the Deputy Prime Minister, after explaining that the decision to study them has been adopted after the Council of Ministers on Friday a report analyze Ministry of Industry, Energy and Tourism on the matter.

In this report, he said, shows that the margins earned by operators in both petrol and diesel exceeds the European average and raise the price of fuel, although in Spain the tax burden is lower than the rest of the continent .

In fact, of the three elements of the fuel prices, which are the product cost, taxes and margin, the first is similar to the European average, while the tax burden is lower and the benefit to the operator is higher, he said.

“Spain is the eurozone countries that less gravel road and fuel tax, however, is one of the states where the margin, the gain is greater,” said Saenz de Santamaria.

Petrol and diesel.

To illustrate this fact, pointed are the Super 95 unleaded, in which the taxes in Spain are of 69.3 euro cents per liter, up from 66.9 cents in energy costs and 15 cents range.

As the area euro, taxes are higher for the same product, from 92.6 cents, while the cost is similar and the margin is less, from 13.3 cents. In France, the margin is even lower, at 9.8 cents.

In the case of diesel, the tax amounts to 58.5 cents per liter, compared to the area average euro to 71 cents, while the profit margin amounted to 15.1 cents, compared to 13.3 in the countries of environment.

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