A full tank of diesel costs 15 euros more today than at the beginning of July. This is stated by Codacons, which disseminates data on the effects of the excise duty cut being studied by the government on citizens’ pockets. Since July 3, the date on which the last excise duty cut expired, the average price of diesel has risen by 30.3 euro cents on the ordinary network, with a surge of +16%, and by 28.7 cents on the motorway, while petrol has increased by 17.9 cents.
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Increases that bring a full tank of diesel to cost 15.15 euros more than last July 3 (+14.35 euros on the motorway), while a full tank of petrol costs 8.95 euros more – calculates Codacons. The association then declares itself in favor of a differentiated cut in excise duties between diesel and petrol, a measure that should be launched in today’s council of ministers. The numbers show how diesel has risen significantly more than petrol, penalizing owners of diesel-powered cars – explains Codacons.
Discount options
Based on our calculations, a possible excise duty cut of 8 euro cents per liter, also considering VAT, would produce a saving on a full tank of just 4.88 euros and, considering today’s pump prices, would bring diesel to cost 2.087 euros per liter on the ordinary network. If the discount were 10 cents, the saving on a full tank would rise to 6.1 euros (with the price of diesel falling to 2.063 euros/liter) while in the event of an excise duty cut of 15 cents, and always considering VAT, the saving would rise to 9.15 euros per full tank (with the average price of diesel settling at 2.002 euros/liter). Finally, if the government were to opt for a 24-cent discount, as circulated in these hours, a full tank would cost 14.64 euros less, with the average price of diesel falling to 1.892 euros/liter, always assuming that the cut is entirely passed on to the pump price – concludes Codacons.
Price dynamics
Fuel prices at the pump sharply increased until Saturday, with progressive stabilization between yesterday and today, thanks to the slump in quotations recorded on Friday in the wake of hopes for a truce in the Middle East. Petrol has exceeded 1.98 euros, the highest level since October 5, 2023, diesel 2.18 euros, a peak since March 18, 2022, the day after the Russian invasion of Ukraine, very close to the historical record of 2.229 euros reached on March 17, 2022, which led the Draghi government to cut excise duties.
This morning, July 27, the average price of self-service fuels along the national road network is 1.982 €/l for petrol (+14 thousandths compared to Friday), 2.185 €/l for diesel (+24), 0.743 €/l for LPG (-1) and 1.603 €/kg for methane (+8). On the motorway network, the average self-service price is 2.071 €/l for petrol (+12), 2.255 €/l for diesel (+27), 0.877 €/l for LPG (-2) and 1.606 €/kg for methane (+10).
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