Fuel Prices Fall Again
Despite a slight rebound yesterday, prices at the pump are dropping again.
According to Staffetta Quotidiana, a pair of major brands have lowered recommended prices for both petrol and diesel by one cent per litre. National averages saw little change as stations wait to see the impact of these latest cuts.
**Motorway Prices Dipping Slightly
At 8 a.m. yesterday morning, the average prices, calculated from data collected across approximately 18,000 stations, showed self-service petrol at 1.767 euros per litre (unchanged, company pumps at 1.774 euros per litre, white pumps at 1.751 euros per litre), demonstrating little change overall.
Self-service diesel saw an increase by one-thousandth to reach 1.666 euros per litre, with company outlets at 1.673 euros per litre and white pumps selling at 1,650 euros per litre.
Serviced petrol remained unchanged while diesel reached 1.807 euros per litre (company stations at 1.852 euros per litre and white pumps at 1.719 euros per litre).
LPG was stable at 0.733 euros per litre (company stations were unchanged at 0.742 euros per litre, white pumps remained at 0.724 euros per litre) Methane saw a 2 euro cent increase per kg to reach 1.397 euros per litre
(companies slightly higher at 1.402 euros per litre)
with white pumps offering 1.393 euros per litre.
LNG saw a one-cent increase per kg costing 1.319 euros per litre (company outlets 1.329 euros per litre, white pumps at a slightly cheaper 1.312 euros per litre.
Fuel Costs Per Litre
-
Self-Serve: Petrol – 1.767 euros / litre
Driver-Fueled Petroleum – 1.908 euros / litre
Self-Serve Diesel: 1.666 euros / litre
- Served Diesel – 1.807 euros / litre
– What are the primary economic factors driving the recent decline in gas prices?
## Fuel Prices Fall Again: A Conversation with Economist Dr. Susan Lee
**Anchor:** Welcome back. Gas prices seem to be a constant source of discussion, especially with the holidays approaching. We’re seeing them fall again, even with a slight uptick yesterday. To make sense of it all, we’re joined by economist Dr. Susan Lee. Dr. Lee, thanks for being here.
**Dr. Lee:** It’s a pleasure to be here.
**Anchor:** So, this drop in gas prices, is it significant? What factors are driving it?
**Dr. Lee:** It’s certainly good news for consumers [1](https://www.msnbc.com/rachel-maddow-show/maddowblog/problems-political-debate-gas-prices-rcna129982). We’ve seen a decline in global oil prices due to concerns about a weakening global economy and potentially lowered demand. Additionally, domestic oil production remains robust, contributing to increased supply.
**Anchor:** The article we pulled up mentions a “gap between the political debate and the reality” of gas prices. Can you elaborate on that?
**Dr. Lee:** Absolutely. Political discourse often simplifies complex economic issues, and gas prices are no exception [1](https://www.msnbc.com/rachel-maddow-show/maddowblog/problems-political-debate-gas-prices-rcna129982). While prices are influenced by factors like supply and demand, global events, and government policy, these nuances are often lost in partisan rhetoric.
**Anchor:** What should consumers keep in mind when trying to understand the fluctuations in gas prices?
**Dr. Lee:** It’s important to look beyond political soundbites and delve into the economic fundamentals. Pay attention to global events, oil production trends, and refinery capacity. Remember, gas prices are subject to constant fluctuations, and short-term changes shouldn’t necessarily dictate long-term anxieties.
**Anchor:** Excellent advice, Dr. Lee. Thank you so much for sharing your insights.
