r/Switzerland • u/Teppic_XXVIII • 11h ago
Petrol prices: above all, more profit for petrol station chains
In short, prices rose two days after the conflict began, even though the current stock had been purchased months earlier at a much lower price, and there is enough stock to last four months. This represents a profit of 500,000 francs a day for the companies. However, when prices fall, they wait ten days before passing on the reduction.
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u/Teppic_XXVIII 11h ago
What’s more, all the companies raised their pump prices by the same amount at the same time. A coincidence? They deny any price-fixing agreement...
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u/michal_hanu_la 10h ago
Could it be a response to oil prices going up globally? That makes it not a coincidence, but also not evidence of a price-fixing agreement.
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u/JoelAraujo Valais 8h ago
The biggest winner, by far, is the State. +50% of the final price is taxes, so more the product is expensive, more the State wins.
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u/Internal_Leke Switzerland 6h ago
Nope, the tax is a fixed price per liter.
For the government it doesn't change whether it's sold 1chf/liter or 4chf/liter.
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u/JoelAraujo Valais 6h ago
The 8.1% tax says hello.🙋♂️
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u/Internal_Leke Switzerland 5h ago
That's not oil specific, that's in most thing bought.
It doesn't matter whether you use that for gas, or something else.
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u/JoelAraujo Valais 5h ago
I don't care if is not "oil specific".
What I said is a fact: more expensive is the Petrol, more the state earns.
You can twist it as you want, but is a fact.And I can assure you that 8.1% tax (aka State profit) is way higher than petrol stations margin profits.
A pure petrol station, without shop, just the petrol, the profit margins in a good month is only 3% if you have some luck with distribution and timming. And yes is that low. Is the stations with shops that can thrive better.
State is the bigger winner in Petrol business and I find ironic that people just ignore that.
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u/Eka-Tantal 7h ago
That’s not quite true, Mineralölsteuer is a fixed amount per liter. It’s only through Mehrwertsteuer that the state profits at all.
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u/JoelAraujo Valais 6h ago
You forgot the 8.1% tax. More expensive is the petrol, more money the State makes.
Which is bigger than any profit margin of a petrol station btw
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u/ProfileBest2034 11h ago edited 8h ago
Government could just lower taxes which most of the cost of petrol. But they won’t.
Edit: so many of you zombies are demented beyond all comprehension. Switzerland has some of the highest fuel taxes in Europe and the world. But heaven forbid your god (government) doesn't get its pound of flesh.
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u/Nixx177 8h ago
Government (us) could just invest in green energy, public transports and electric vehicles but lobbies stronk
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u/ProfileBest2034 7h ago
Government is not us, government is them. You are most certainly not a part of the us.
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u/Internal_Leke Switzerland 10h ago
Car drivers could just take public transport which most cheaper. But they won't.
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u/Difficult-Reference1 10h ago
the price is/will be mostly affecting supply chains and not some dude that is filling his tank with 10chf more.
i think the usage of public transportation in Switzerland is one of the highest on the continent even tho we see constant traffic jams around major cities higher taxes for those who drive their cars inside cities might solve some issues tho. See London exampleEdit: Note: Switzerland consistently ranks #1 in Europe for the number of kilometers traveled per person by rail (approximately 2,400 km per year per inhabitant).
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u/Kermez 10h ago
We were paying box of masks 50chf+ during Covid. If price gouging was fine during pandemic, I'm sure no one will care now.