Three factors: why is gasoline expensive in Russia?


Economy Russia is export-oriented. About a third of our budget revenues come from the sale of energy resources, including oil.


However, every resident of the Russian Federation knows that we have a lot of oil and gas, without the need to get acquainted with economic calculations. In turn, many of our fellow citizens have a well-founded question: if we produce gigantic volumes of oil, then why are domestic prices for gasoline so high?

In Russia they even joke about this: “The price of gasoline rises in three cases – when oil becomes more expensive, when it becomes cheaper, and when it stays at the same level.”

Meanwhile, if we leave humor aside, the cost of gasoline in the domestic market is really influenced by three factors.

Firstly, the ruble to dollar exchange rate. As you know, oil is traded in dollars in most cases. Even with actively developing trade in raw materials with friendly countries in national currencies, the cross rate is calculated through the dollar.

Consequently, if the ruble exchange rate against the American currency decreases, it is more profitable for exporters to sell oil abroad, then exchanging the proceeds in dollars for the national currency at a favorable rate.

Ultimately, there is a shortage of raw materials in the domestic market, which affects gasoline prices. However, the state has already learned to combat this phenomenon using a damper mechanism.

Secondly, gasoline is a commodity like any other product, which means that its cost takes into account the rate of inflation.

Finally, thirdly, and this is most important, the retail price of gasoline at gas stations includes the costs of its production, delivery, trade markup, excise taxes, mineral extraction tax, VAT and the direct cost of raw materials. The latter makes up only 12% of the total price of gasoline. Thus, the presence of large oil fields does not guarantee cheap gasoline at gas stations.

  • Used photos: paulbr75 / pixabay.com
18 comments
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  1. Gadley Offline Gadley
    Gadley 5 February 2024 12: 58
    +1
    The author said (wrote) nothing new; this has been known for the last 100-200 years. that in our time there is no capitalism, industrialists are altruists.
  2. begemot20091 Offline begemot20091
    begemot20091 (begemot20091) 5 February 2024 13: 55
    +5
    in all normal oil-producing countries, first of all, the country and a bonus of 100 liters for free. and income from the sale of oil and gas is distributed among the citizens of the country. even the Kazakhs did it
    1. Nelton Offline Nelton
      Nelton (Oleg) 5 February 2024 14: 07
      0
      Quote: begemot20091
      even the Kazakhs did it

      In Kazakhstan, the 95th costs ~250 tenge, or 50 rubles.
      The difference is absolutely colossal...
      1. begemot20091 Offline begemot20091
        begemot20091 (begemot20091) 5 February 2024 22: 51
        +1
        so ours is being resold. with an extra charge. and the new law on subsoil?
        https://mir24.tv/news/16522018/nesovershennoletnim-kazahstancam-budut-otchislyat-dohody-ot-nefti-eksperty-podschitali-primernye-summy
  3. The comment was deleted.
  4. Andrey Andreev_2 (Andrey Andreev) 5 February 2024 14: 18
    +5
    Only the nationalization of all mining and raw materials companies, as well as the main processing companies, not to mention the nationalization of the Central Bank of the Russian Federation and deoffshorization... only these measures will allow the economy to grow and the people to have cheap gasoline!!! Why does poor Venezuela sell gasoline to its citizens for pennies, but the richest Russia cannot? I'm waiting for an answer to this question)))
    1. Palindrome Offline Palindrome
      Palindrome (Alexey Nikitin) 6 February 2024 21: 23
      +1
      Wait for an answer ... Wait for an answer ... Wait for an answer ...
    2. Pro100 Offline Pro100
      Pro100 6 February 2024 21: 41
      0
      The wonders of the market economy...
  5. twice-born Offline twice-born
    twice-born (Unknown) 5 February 2024 14: 50
    +3
    The article is an excuse for the snickering dollar billionaires - the bourgeoisie, who are always crying and eating the last horseradish with salt!
    breakwater

    I'm not guilty, he came!

    It’s disgusting to read these leftist excuses.
    1. Flight Offline Flight
      Flight (Von) 5 February 2024 15: 05
      +2
      If they are not justified, then the sharks of the pen will have to enjoy sandwiches without red caviar.
  6. vlad127490 Offline vlad127490
    vlad127490 (Vlad Gor) 5 February 2024 15: 34
    +2
    A modest article. Cool title and empty content. Did you want to say that the cost of gasoline is 6 rubles per kg??? In the Russian Federation there was capitalism, it was socialism in the USSR, and in the USSR gasoline and diesel fuel were cheap. Restore socialism in the Russian Federation and everyone will have cheap gasoline.
    1. Nelton Offline Nelton
      Nelton (Oleg) 5 February 2024 16: 21
      -1
      Quote: vlad127490
      Restore socialism in the Russian Federation and everyone will have cheap gasoline.

      in 198x the 93rd cost already 40 kopecks per liter.
      Now the 92nd costs 51 rubles.
      If you compare it with the average pension, or with the average salary, in terms of gasoline it is now much more.
      1. Shelest2000 Offline Shelest2000
        Shelest2000 5 February 2024 17: 28
        +5
        The average monthly salary of workers and employees of the USSR in 1985 was 190,1 rubles, the average pension in the USSR reached 72 rubles (for the city)
        1 - 475 liters
        2 -180 liters
        The average salary in Russia without Moscow (Moscow is not Russia) and St. Petersburg is approximately 25 thousand rubles. Rarely is it higher. For example, the average salary of a Teacher in Smolensk for 2023 is 24 rubles. This information is first-hand, a relative teaches there.
        The average pension in Russia is about 16 thousand rubles. + -
        1 - 490 liters
        2 - 313 liters.
        The difference here is small due to the small difference between the average salary and the “survival benefit”
        Just don’t refer to Golikova with her SWP of 70 tr. - this one will lie about a blue eye and not blink.
        And there is one more “but” - prices for food, utilities, and transport then were orders of magnitude lower than now.
        1. Nelton Offline Nelton
          Nelton (Oleg) 5 February 2024 17: 55
          -3
          Quote: Shelest2000
          The average pension in the USSR reached 72 rubles (for the city)

          Quote: Shelest2000
          Average salary in Russia without Moscow (Moscow is not Russia) and St. Petersburg

          those. for the USSR, without blinking an eye, you discarded all the low values, and for the Russian Federation, all the high ones, and both figures for the Russian Federation were given out of the blue “by feel.”

          so the average pensions in 2023 19,4 thousand (from 2024 should have been indexed), gasoline (92) 50,26 = 386 liters.
          more than two times more than in the USSR.

          There is no desire to argue about wages against “I’ll trust you to do everything right.”
    2. twice-born Offline twice-born
      twice-born (Unknown) 6 February 2024 12: 43
      +1
      And who will restore it? Anti-Russian bourgeois power or unorganized, unarmed, poor Russian people?
      The people are new oil and new serfs. Whatever is not offered at any price, everything pays! Not only do the rich earn crazy capital from the natural resources of the people, but they also earn it from the people a second time!
      Petrol, gas, electricity cost us as if we do not produce them, but buy them! And housing and communal services, mythical major repairs, roads and huts look like they were made for us by visiting American researchers!
  7. Shelest2000 Offline Shelest2000
    Shelest2000 5 February 2024 17: 04
    +4
    if the ruble exchange rate against the American currency decreases, it is more profitable for exporters to sell oil abroad, then exchanging the proceeds in dollars for the national currency at a favorable rate.

    Oh how! I haven’t heard about a decrease in gasoline prices when the ruble exchange rate increases and when oil prices decrease.
    PS. The author is talking complete nonsense, keeping silent about the most important factor, fourth - greed! Both the state and oil companies.
  8. Flight Offline Flight
    Flight (Von) 6 February 2024 04: 34
    +3
    Why is gasoline expensive in Russia?

    Oil, gas, and gasoline are the main drivers of economic development. And in the right hands it would act to develop its own economy, but this is not happening. Why? Immediately, various experts with diplomas, or even two or three, and without them will appear, and will explain the basic postulates of the modern economy - “where are the niche people going? Go mind your own business, and hydrocarbons are for the worthy...”
  9. Olives Offline Olives
    Olives (Oleg) 6 February 2024 08: 36
    +6
    Demagogy. In developed countries, when oil prices fall, prices at gas stations are reduced - and vice versa.
    These paid scoundrels justify any nasty thing
  10. Alexey P. Offline Alexey P.
    Alexey P. (Alexey P.) 7 February 2024 11: 12
    0
    So what's the conclusion? According to the law of the market, a product becomes cheaper in 2 cases - with a decrease in consumption and with an increase in supply. We see neither one nor the other.