The latest instalment in the saga of the ‘sans-driving’ era is here.
This time, it’s about the price of gas.
The issue has been simmering since 2016 when consumers were locked out of buying their cars in some countries.
The problem has now been put to the test with a spate of accidents and deaths.
One of the biggest drivers is that fuel costs have risen as the EU has tightened its fuel subsidies.
“The cost of gas in Europe has risen in recent years, and has been particularly steep for diesel vehicles,” said Caroline Spelman, Head of the Fuel Prices and Energy Policy Programme at the IEA.
“That means the costs of fuel for diesel and petrol vehicles have risen by around 2.5 per cent a year.
If we were to keep the current fuel price, then the fuel price for petrol would be about 60 cents per litre and for diesel around 40 cents.
This is a lot for people to pay for.
We are not seeing this reflected in price of fuel in Europe.
In 2016, fuel prices were around 20 cents a litre, and by 2021 they were around 28 cents.”
That is not to say the fuel subsidy hasn’t been generous to some sectors.
It has been.
The IEA has said the subsidies for diesel have risen significantly.
And the European Commission has made it easier to purchase diesel from suppliers in other parts of the world, for example, Mexico.
There are some areas that have not been so lucky.
For instance, the ITA has said fuel prices for gas-guzzling cars like the Toyota Hilux and Mercedes-Benz C-Class have risen because of higher costs in Germany.
But the ICA says that diesel prices for diesel-driven vehicles in Europe are still well below the global average.
What this means for the average consumer is that gas is still cheaper than petrol.
However, as Spelman says, that is not reflected in prices of fuel, it is reflected in the cost of fuel.
That means that the price will rise if fuel prices continue to rise.
So what can we expect?
There will be a dip in the price for diesel, but that is a very small dip.
Fuel prices will rise, which will reduce the number of petrol and diesel cars on the road.
These changes in the market will affect many people, especially people who buy their petrol and/or diesel on a daily basis.
In some cases, that means the price could go down by a third, if petrol prices continue on their current trajectory.
Car companies will have to adjust their vehicles to deal with higher fuel costs.
They will have a higher price tag, as the average cost of the vehicle will increase.
As an example, Ford has increased the price on its Focus hatchback from £21,100 to £24,400 (up from £19,400).
It is possible that there will be no price drop at all for petrol in 2019, but the IFA expects a further rise in the fuel cost of diesel, especially if there are more accidents.
All in all, this is going to be a very difficult year for petrol.