{"id":115990,"date":"2022-02-03T12:43:24","date_gmt":"2022-02-03T12:43:24","guid":{"rendered":"http:\/\/all-car-news.acc1.n11.nl\/petrol-price-is-skyrocketing-how-is-the-petrol-price-structured\/"},"modified":"2022-02-03T12:43:26","modified_gmt":"2022-02-03T12:43:26","slug":"petrol-price-is-skyrocketing-how-is-the-petrol-price-structured","status":"publish","type":"post","link":"https:\/\/all-car-news.com\/en\/petrol-price-is-skyrocketing-how-is-the-petrol-price-structured\/","title":{"rendered":"Petrol price is skyrocketing \u2013 How is the petrol price structured?"},"content":{"rendered":"

Record high petrol price<\/strong><\/h2>\n

According to UnitedConsumers<\/a> \u2013 a platform that tracks fuel prices, among other things \u2013 the suggested retail price for a liter of petrol again reached a record high on February 1, 2022: 2,151 euros. There are several reasons why gasoline is currently so expensive. Think of the corona crisis, a trade war between oil producers and the ongoing conflict between Ukraine, Russia and the West.<\/p>\n

Gasoline abroad cheap<\/strong><\/h2>\n

Naturally, all countries in the world suffer from these issues. Petrol prices have also risen sharply in countries such as Germany and Belgium recently. But why is gasoline still so much cheaper there?<\/p>\n

\"Tankstation\"<\/p>\n

excise duty<\/strong><\/h2>\n

This has of course everything to do with the tax that our government levies on fuels: excise duty and VAT. The excise duty on fuels is a huge source of income for the Dutch State. Our country has 8 million motorists who pay about 4.5 billion euros in fuel excise and VAT.<\/p>\n

Fuel price<\/h2>\n

More than 60% of the fuel price in the Netherlands consists of excise duty and VAT. In 2022, no less than 83.2 cents will be levied on a liter of petrol in the Netherlands. The entire fuel price, including excise duty, is subject to a further 21 percent VAT. The amount of VAT therefore rises as fuel prices rise.<\/p>\n

Excise duty continues to rise<\/h2>\n

The excise tax on fuel has been rising for years. On January 1, 1970, the excise duty on petrol amounted to 16.8 euro cents. Ten years later, on January 1, 1980, the government already charged 23.8 euro cents. In 2022 we will pay 83.2 euro cents in excise duty on a liter of petrol.<\/p>\n\n\n\n\n\n\n\n\n\n\n
Year<\/strong><\/td>\nExcise duty on petrol<\/strong><\/td>\n<\/tr>\n
1970<\/td>\n16.8 euro cents<\/td>\n<\/tr>\n
1980<\/td>\n23.8 euro cents<\/td>\n<\/tr>\n
1990<\/td>\n36.3 euro cents<\/td>\n<\/tr>\n
2000<\/td>\n59.7 euro cents<\/td>\n<\/tr>\n
2010<\/td>\n72.0 euro cents<\/td>\n<\/tr>\n
2020<\/td>\n80.2 euro cents<\/td>\n<\/tr>\n
2022<\/td>\n83.2 euro cents<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Build up fuel prices <\/strong><\/h2>\n

So about 40% of the fuel price consists of other things, such as the oil price and the profit for the oil company and pump operator:<\/p>\n