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Tenerife Times Home arrow Tenerife News arrow Tenerife Blogs arrow Tenerife petrol prices
Tenerife petrol prices PDF Print E-mail
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Written by Michael Hopkins   
Friday, 13 October 2006
The last time we were in Tenerife we as usual booked a hire car and toured the island of Tenerife. We used the car all the time, had numerous trips up into the mountains and along the coast. A hire car is a very useful thing in Tenerife.

We were only there for 4 nights and by the time we had to fill the car up with fuel to return to the Tenerife Car Hire company there was over half a tank full of petrol used. A trip to the petrol station at Las Chafiras was in order and the car was filled. It cost us the princely sum of €10. 

Now contrast that to the UK, where petrol is currently a fraction below £1.00/Litre. In Tenerife petrol is just 0.746 euros/litre. At the current (commercial) exchange rate of around €1.48 to the £, in my books that makes the petrol in the UK almost twice the price of that in Tenerife. And that on an Island that has (to my knowledge) no oils reserves! 

How do they do it? I suppose tax is one of the reasons but there must be more to it. Everyone keeps telling us how the Oil companies make so little at the pump but yet they keep posting record profits. If the Oil companies can make a profit at 0.746 euros a litre in Tenerife, why does it cost so much in the UK

Petrol prices in Tenerife are yet another reason to hire a car on your holiday in Tenerife. Cheap petrol in Tenerife helps to create cheap Tenerife holidays.

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