Cheaper Prices at the Pump

SPN Pump Prices end April 2020We are used to pump prices lagging when it comes to price of crude dropping but when it rises the increase is immediately reflected at the pumps. This time, however, it’s different.

The international crude-oil market (despite Russia and Saudi Arabia agreeing to cut production) still has a big problem: not only is production outstripping demand, but they are running out of where to store what has already left the ground. Tankers instead of moving and delivering crude are being used as high-sea bunkering, waiting for demand to pick up.

Meanwhile all over the First World road traffic is way down, as private cars remain in garages. Airlines have fleets of aircraft parked up, too… so, prices at the pump are finally dropping.

Diesel is the most used fuel in Spain’s 10,247 gasolineras, a third of which are selling it at just under a euro a litre. But we’re talking gasolinera’s linked to shopping centres, etc in most cases. In your local gasolinera it’s closer to 1.04 euros per litre, but even at that price, that’s pretty damn cheap.

In Motril, for instance, it ranges from 0.96 to 1.03 euros. In Almuñécar range from 0.96 to 1.02 euros.

As for gasoline 95 Octane: Almuñécar pump prices stand at 1.12, Motril’s ten gasolineras range from 1.06 to 1.12 euros per litre and Salobreña’s four gasolineras also range from 1.07 to 1.12 euros.

But we’re forgetting La Herradura – Diesel 1.02/ Gasoline 1.10; Molvízar –  Diesel 1.03/Gasoline 1.13; Jete Diesel 1.04/Gasoline 1.12 and Vélez Benaudalla – Diesel 0.99/Gasoline 1.09.

If you live behind the coast in inland granada and want to check your local pump prices, take a look at this link, which gives prices for every town in the province that has a gasolinera.

Anyway, ironically, even though its cheaper than ever to fill up, you’ve nowhere to go!

(News: Costa Tropical, Granada, Andalucia)

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