It has never been more expensive for Norwegians to fill the tank with petrol or diesel. Worldwide, only Hong Kong has more expensive petrol prices than Norway, according to a global collection of fuel prices, which are updated daily. But does this mean that Norway has the second worst in the world when it comes to fuel prices? news has calculated how many minutes we have to work to afford one liter of petrol, compared to other countries we like to compare ourselves with. The figures show that Norwegians are among those in Europe who work the least to afford one liter of petrol. Only Switzerland and the United Kingdom work less per liter. While the average Norwegian works a little over five minutes per liter, the Spaniards have to work twice as much, 15 minutes. The Greeks have to work for half an hour to afford one liter of petrol. This is how news has calculated: How many minutes must an average employee work in each country to be able to afford one liter of petrol? Net average wages (ie wages after tax) per worker (statistics from Eurostat) are divided by the number of working hours per year per worker (OECD statistics, which also include part-time employees). Thereafter, the average price per liter of petrol per 13 June 2022 (statistics from GlobalPetrolPrices) is divided by salary per minute. For Norway, the calculation looks like this: 39,635 euros a year divided into 1369 working hours a year = 28.95 euros per hour divided into 60 minutes = 0.48 euros in salary per minute times x minutes = 2,595 euros per liter of petrol x = 5 , 4 minutes work per liter of gasoline No help to get High pump price is better than higher interest rates, has been one argument from the government. The war in Ukraine has led to the price of oil and gas, and thus also petrol, diesel and electricity, rising to new heights. In response, half of Europe has reduced fuel taxes. In May, the Swedish authorities cut the fuel tax by NOK 1.30 per liter. In the past, Denmark, Austria, France, Luxembourg, Italy, Ireland, the United Kingdom, Poland, the Netherlands and Spain have taken various measures to curb pump prices. Even though the price of petrol is creeping ever closer to 30 kroner a liter here at home, there will be no tax cuts from the government this year. This has created great dissatisfaction among consumers and opposition politicians. No fruitful comparison – I think it is absolutely awful that he (Minister of Finance Trygve Slagsvold Vedum) is sitting and watching this. People are skinned. Frps Sylvi Listhaug said this when Norwegians had to pay 27 kroner a liter at the end of May. news’s calculation does not make Listhaug change his view. – No, because all countries have their wage and price levels that are part of a comprehensive balance. Some countries have relatively high prices for some goods, and lower prices for other goods. The level of taxes and fees also varies greatly between different countries. FrP leader Sylvi Listhaug wants to cut fuel prices. Photo: Javad Parsa / NTB Listhaug points out that many in the population earn far less than the average on which news’s calculations are based. – Therefore, it makes little sense with such comparisons. FRP believes it should be a matter of course that a small part of the extra income from record high income from oil and gas goes to help ordinary people in Norway who struggle with the bills. Unfair for the districts news’s calculations are of little consolation to motorists, NAF believes. One can not count on this being in addition to other increased living costs, according to the organization that represents Norwegian motorists. – These calculations hide that the income is unevenly distributed in the country. In the districts, wages are on average much lower. The share of electric cars is also lowest, points out Thor Egil Braadland in NAF. According to NAF, fuel prices hit people in the village particularly hard. They often have neither the means nor the opportunity to acquire an electric car. At the same time, they are very dependent on the car. Last summer, the price of petrol was around NOK 17 per liter. Thus, the price has increased by 10 kroner in the course of one year. Photo: Simon Skjelvik Brandseth / news – Should spare transport and public transport If someone is to be given priority, it is public transport and transport, NHO Transport believes. If Norway is to meet its climate commitments, car use must be reduced. High fuel prices hopefully contribute to less car use and lower emissions. But public transport should have reduced fuel taxes. This is what Jon H. Stordrange, director of NHO Transport, says. He also believes that commercial transport should be spared. – High fuel prices for goods transport result in increased prices for consumers. This leads to increased inflation and an unfortunate distributional effect, which in turn provides a basis for raising interest rates, says Stordrange. Good for the climate news’s calculations show that fuel prices should not go down, MDG believes. – Reducing taxes or compensating for the high fuel prices would make the profitability of the oil companies even greater at a time when the industry also generally has extremely favorable conditions. Acting party leader, Arild Hermstad, is afraid it would also mean that important renewable projects are displaced, when short-term profitability in the oil industry becomes high. MDG believes that what is needed is more support for those who have the least, so that they can make everyday life go around.
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Norwegians among those who work the least in Europe per liter of petrol – news Norway – Overview of news from different parts of the country
