Those who kill to refuel is increasingly cheaper. The differences between the gas station on the highway and the unmanned village pump are getting bigger. In particular this year, those differences have increased, according to figures from ING.
The price difference is even greater than the excise tax discount that will be extended next year, Rico Luman tells NU.nl. He is a transport economist at ING. With that excise tax credit you pay almost 25 cents per liter of gasoline. The discount would be abolished from January next year, but the outgoing cabinet has again extended the scheme.
But the price differences between the highway and the village pump are therefore even greater. The last measurement in August was a difference of 26 cents, as you can see in the graph below. “The difference between refueling in the region – for example, along local roads – and on the highway is increasing,” says Luman.
In August 2020, the price difference was still 17 cents. In August 2023 that was already 20 cents and now it is 26 cents. Luman: “This year, especially this year, it rose considerably.”
Paul van Selms from UnitedConsumers also sees the differences. “The competition is huge. The fact is: there are too many gas stations in the Netherlands,” he explains. But people did not necessarily start refueling. “The best way to compete with each other is through the price,” Van Selms continues. “As a result, the differences have grown.”
Motorway pump takes a larger price margin
It seems that stations on the highway take more price margin than the lesser -known brands in the region, says Luman. “Think of Fieten Oil or Tinq.” According to ING economist, many people look at the suggested retail prices at UnitedConsumers, but in reality the price at the pump on the highway can be a lot lower.
Moreover, more and more unmanned pumps have been added in recent years, says Van Selms. They can use a lower price more easily. “Another big difference has to do with the location. AA locations such as places along the highway get a lot of traffic. But those locations are also more expensive, because they have to pay more for the ground, for example.”
Pump stations on “a less good location”, such as along a country road or in a village, have to do with less traffic. “So they have to try to attract customers. And keep prices lower.”
Yet you can make some reservations about the figures of the study, says Van Selms. “Those mutual differences are the average. There is a big difference between pump prices, but it is not that one half is very high and the other half is very low,” he explains. At a large part of the stations there is probably a smaller price difference.
In addition, prices often differ per day and sometimes even per morning or evening. There are also actions at a pump on some days and not on other days. The prices therefore do not vary the same amount at all times. A monthly research does not always provide clear insight into this.
Fuel has become cheaper
Since a few months, oil prices have been falling worldwide. One of the causes is that Oliek cartel OPEC+ is planning to gradually increase oil production again. In October and November this will happen with 180,000 barrels per day. Those plans were previously put on the long track, but in the long term the cartel wants to increase production.
In the meantime, the demand for oil seems to be disappointing. There are concerns about a weaker oil demand in China as a result of disappointing figures about Chinese industry. China is the world’s largest oil importer. There have been worries about the struggling Chinese economy and oil demand for some time on the oil market. There is also uncertainty about the American oil demand.
IT is Increasingly Advantageous to drive a Detour to Refuel. The Differences Between the Gas Station on the Highway and the Unmanned Village Pump Are Increasing. These differentials have increased eSpecally this year, Accordance to Figures from ING.
The Price Difference is equally Greater Than The Excise Duty Reduction That Will Be Extended Next Year, Rico Luman Tells Nu.nl. He is a transport Economist at ING. With that excise duty reduction, you pay almost 25 cents less per liter or petrol. The Discount was supposed to be abolished in January next year, but the outgoing cabinet has extended the scheme again.
But the price differentences between the highway and the village pump are even great. The last measurement in August Showed a Difference of 26 cents, as you can see in the graph Below. “The Difference Between Refueling in The Region – For Example Along Local Roads – And On The Highway is Increasing,” Says Luman.
In August 2020, The Price Difference was still 17 cents. In August 2023 IT, Already was 20 cents and now it is 26 cents. Luman: “IT HAS Increased Significantly, Especiate This Year.”
Paul van Selms of UnitedConsumers also sees the Differences. “The competition is huge. The fact is: there are too many gas stations in the Netherlands,” he explains. But People Have Not Necessarily Started Refueling More. “The best way to compete with each other is through price,” Van Selms Continues. “This has made the differentences Greater.”
Highway Pump Takes A Larger Price Margin
It seems that stations on the highway are Taking a larger price margin than the lesser-known brands in the region, Says Luman. “Think of Fieten Olie or Tinq.” Accordance to the ING Economist, Many People Look at the Reached Prices at UnitedConsumers, but in reality the price at the Pump on the Highway can be a lot Lower.
In Addition, More and More Unmanned Pumps Have Been Added in Recent Years, Says van Selms. They can More Easily Charge a Lower Price. “Another Big Difference has to do with the location. AA Locations Such as Places Along the Highway Get a Lot of Traffic. But Those Locations are also More Expective, because they have to pay more for the country, for example.”
Gas stations in “A Less Good Location”, Such as along a country road or in a Village, Have Less Traffic. “So they have to try to attract customer. And keep prices lower.”
However, you can make some notes about the figures in the study, Says from Selms. “These Mutual Differences are the Average. There is a big differentence between pump prices, but it is not the case that one half is very high and the other half is very low,” he explains. For a Large Proportion of the Stations There is Probable A Smaller Mutual Price Difference.
In Addition, Prices Often Differ per day and sometimes by Morning or Evening. There are also promotions at a pump on some days and not on ethers. As a result, the prices do not differ equally at all times. A Monthly Survey Does Not Always Provide a Clear Insight Into This.
Fuel Has Become Cheaper
Oil prices worldwide have leg Falling for Several months. One of the reasons is that oil cartel opec+ plans to gradually increase oil production again. This will happen in October and November with 180,000 barrels per day. These plans were previously postponed, but in the long term the cartel stilly hens to increase production.
Meanwhile, The Demand for Oil Seems to Be Disappointing. For Example, there are groups about WEAKER OIL DEMAND in China as a Result of Disappointing Figures on Chinese Industry. China is the World’s Largest Oil Importter. There have bone groups on the oil market for some time about the ailing chinese economy and oil demand. There is also uncertainty about American Oil Demand.