For the first time in Danish history, petrol prices have risen by more than DKK 14 per liter.
When the price rose 13.89 kroner per liter last week, it was just 0.08 kroner less than the record price of 13.97 kroner seen back in September 2012.
As of this morning, DR reports that petrol in Denmark costs between 14.09 and 14.19 kroner.
Drivkraft Danmark, the industry organization for Danish petrol stations, confirms that this is the highest price ever registered.
But when inflation was taken into account, the price was more expensive in 1982, when a liter would have cost you the equivalent of 15.68 kroner.
Additional installation costs
Sydbank’s chief economist Søren V Kristensen equated the price level with an extra fee of DKK 3,000 per motorist per year.
“There are fewer restrictions and more reopens around the world, and that means there are a lot of people who need to use oil,” he explained to DR.
“At the same time, not as much is produced as before. At the beginning of the corona crisis, the major oil producers drastically reduced production, but now they are only slowly increasing. ”
At the beginning of the corona crisis in March 2020, the price was just under 10 kroner per liter.
Kristensen warned consumers to expect an expensive winter. In total, rising electricity prices will add DKK 1,500 extra to the annual household bill – and an additional DKK 9,000 if your home is heated with gas.
Source: The Nordic Page