The CNMC ensures that gas stations apply the Government bonus without abuse

The National Commission of Markets and Competition (CNMC) has assured this Thursday that the service stations are applying correctly and without abuse the bonus of 20 cents approved by the Government and in force since April.

Thomas Osborne
Thomas Osborne
07 July 2022 Thursday 08:59
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The CNMC ensures that gas stations apply the Government bonus without abuse

The National Commission of Markets and Competition (CNMC) has assured this Thursday that the service stations are applying correctly and without abuse the bonus of 20 cents approved by the Government and in force since April.

According to sources from the body chaired by Cani Fernández, incorrect behaviors have only been detected in a timely manner in a minimum percentage of the more than 12,000 service stations that are analyzed every day by the body.

The CNMC has also confirmed that the increase in prices that consumers are detecting is due to the evolution of the prices of refined gasoline and diesel in the international markets, which since the outbreak of the war in Ukraine have been decoupled from the price of the brent barrel "That is why on some occasion the incorrect reading can be made that Brent drops while gasoline or diesel does not at service stations," CNMC sources explain.

According to the information analyzed by the CNMC, the retail price of fuel rose in May for the fifth consecutive month, with the average on the Peninsula and the Balearic Islands standing at 1,929 euros per liter in the case of 95 gasoline and 1,888 euros per liter for diesel.

In the case of gasoline, these figures represent an increase of 6.4% compared to the previous month (11.56 cents per liter) and in diesel an increase of 2.7% (4.92 cents per liter).

Likewise, in terms of the gross margin of service stations (which includes commercial and logistics costs, among others), it stood at 21.8 cents per liter in the case of gasoline and 26.8 cents in diesel. .

Regarding this, CNMC sources point out that the gross margins for the first five months of the year are similar and do not differ significantly from the 2021 average.