The situation on fuels is becoming more and more tense because unfortunately the Government is not managing to find those alternative supply lines that had been talked about so much.
Stocks of diesel and petrol are becoming increasingly scarce and diesel is the main concern.
The more diesel is scarce, the more prices will tend to rise. The the government’s famous discount of € 0.25 on excise duties, unfortunately, now seems to be really insufficient to appease the wave of increases that continues to plague this sector.
Prices that risk exploding
Over the past few days, the prices of diesel and gasoline have remained substantially stable even if with some fluctuations but the news that oil producing countries of theOpec More do not intend to increase production as the prospects of a protracted war in Ukraine make analysts say that diesel and gasoline stocks will soon they will run out and it will be necessary to pass the rationing. Consequently, there are two major threats to the oil world. The first is that of skyrocketing prices and the second is that the real rationing.
Rationing comes close with war
But there is a bit of talk all over Europe about rationing of petrol and diesel, so much so that in Austria already a large petroleum company has begun to ration diesel. But it’s not just diesel that is planning to be rationed. Indeed in Spain supermarkets have already been licensed to rationing food.
Unfortunately the fact is that during a conflict like this supply chains for key commodities are disrupted and procuring basic necessities becomes extremely difficult. And those who have them take advantage of it and can bring the prices to the figures they want. The government will try to calm prices but it is clear that international speculation will try to get the little diesel left over at prices that may appear absurd today.
The times of rationing
If there were a willingness of oil producing countries to increase production this could be a a barrier to price increases but it is now clear that producing countries do not want to produce more oil than they currently do. The impact of rationing on households and businesses can indeed be tremendous. The risk is a partial block of production already seriously compromised today.
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