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Fuel prices (TERM 021) - Assessment published Jan 2011
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Since 1980 the real price of transport fuel (all transport fuels, expressed as the equivalent consumption in unleaded petrol, corrected for inflation to 2005 prices) has fluctuated between 0.75 and 1.25 Euros per litre, with an average of 0.94 Euros. Real prices per litre peaked in summer 2008 at around 1.25 Euros, but then fell by around a third later that year, largely due to a significant drop in the price of crude oil.. Since then, in 2009 and early 2010, real prices have recovered to just over one Euro per litre. The average real price in June 2010 was 1.04 Euros per litre, just 5% higher than the price in 1980, 0.99 Euros. As the price of fuel is an important determinant of the demand for transport and the efficiency with which fuel is used, it is clear that price is not currently countering the impact of growth on transport demand.
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Fuel prices
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Fuel prices (TERM 021) - Assessment published Sep 2010
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Since 1980 the real price of transport fuel (all transport fuels, expressed as the equivalent consumption in unleaded petrol, corrected for inflation to 2005 prices) has fluctuated between 0.75 and 1.25 Euros per litre, with an average of 0.93 Euros. Prices reached a peak in summer 2008 and have since fallen considerably, though with a slight rise again in late 2009. Its price at the end of September 2009 at 0.91 Euros is 7% lower than the price in 1980, 0.99 Euros. As the price of fuel is an important determinant of the demand for transport and the efficiency with which fuel is used, it is clear that price is not currently countering the impact of growth on transport demand. Information on rail transport fuel prices and charges is not available.
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Fuel prices
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Fuel prices and taxes
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Fuel prices and taxes
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Nominal and real fuel prices (EU-27) (EUR/litre)
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Nominal and real fuel prices in the EU. The output provides the weighted average fuel prices - nominal and real
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Nominal and real fuel prices (EU-27) (EUR/litre)
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* real prices are indexed to 2005.
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Road transport fuel prices (including taxes) in EU Member States
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Road transport fuel prices (including taxes) in EU Member States. Definitions:
* ‘All petrol’ is a consumption-weighted average price of both leaded and unleaded fuel, corrected using energy-content to the equivalent amount of unleaded petrol.
* ‘All fuel, unleaded petrol equivalent’ is a consumption-weighted average price of unleaded, leaded petrol and diesel, corrected using energy content to the equivalent amount of unleaded petrol.
* ‘Nominal’ is the price with no adjustment for inflation.
* ‘Real’ is the price corrected for inflation, using 2005 as the baseline year.
* ‘Average, all fuel, unleaded petrol equivalent (real, weighted by consumption)’ is the consumption-weighted average of the ‘All fuel, unleaded petrol equivalent (real)’ line across the full time series.
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