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Gasoline and Diesel Sales Quantities Announced – May 2022

Petroleum Industry Association (PETDER) announced the amount of diesel and gasoline sold in Turkey. The data disclosed has shown a very serious increase compared to the previous year. So how is it that while the price of gasoline and diesel quadruples, sales can increase?
 Gasoline and Diesel Sales Quantities Announced – May 2022
READING NOW Gasoline and Diesel Sales Quantities Announced – May 2022

Petroleum Industry Association (PETDER) has announced its data on the amount of fuel sales in our country. The announced data reveal that gasoline and diesel sales have increased compared to the same period of the previous year. So how is it that sales are increasing when fuel prices are so high?

According to the announced data, 350 thousand 578 cubic meters of gasoline and 653 thousand 76 cubic meters of diesel were sold in May 2022. Compared to May 2021, this sales amount means that gasoline sales increased by 57.87 percent and diesel sales increased by 22.53 percent. In addition, 269 thousand 575 tons of LPG have been sold. The amount of sales in LPG is 43.52 percent higher than in May 2021.

More than 2021 fuel sold in all of 2022

According to PETDER, which also shares data covering the whole of 2022, 1 million 577 thousand 66 cubic meters of gasoline and 11 million 641 thousand 341 cubic meters of diesel were sold in the January-May period of 2022. Compared to the January-May period of 2021, these figures mean a 37.31 percent increase in gasoline and a 6.74 percent increase in diesel. LPG sales were recorded as 1 million 146 thousand 313 tons with an increase of 10.60 percent.

Curfew restrictions were implemented in May 2021

You may find the statements made by PETDER confusing. Because, when we look at it, we witness that the prices of gasoline and diesel have quadrupled in the last 1 year, and in such an environment, it does not seem normal that fuel sales increase by as high as 50 percent. However, there is an overlooked point here. The whole of 2021 was spent in the shadow of the COVID-19 epidemic. In this context; Curfews were imposed on both weekends and working days, and the citizens did not leave their homes unless they had to. Summary; The reason for this increase in fuel prices is not that the citizens are not affected by the hikes, but that, unlike last year, they went out on the streets.

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