The price of gasoline and diesel have skyrocketed this summer, marking historical records not seen since 2014, according to a report by 20minutos.

Petrol has become almost 22% more expensive in one year and filling a 55-litre tank costing up to 14 euros more than it did in August 2020. This comes at a time when the price of electricity in Spain is at a record high.

According to official data from the Oil Bulletin of the European Union, the average price of a litre of gasoline is already 1,427 euros, the highest since the end of September 2014.

The price of diesel is quickly catching up, reaching 1,273 euros per litre, and is at it’s highest levels since November 2018.

These increases mean that filling the tank in the first half of August is almost 22% more expensive than a year ago in the case of petrol and almost 20% higher in the case of diesel.

Compared to July, petrol costs 1.8% more and diesel 1.28%, while if the prices of both fuels are compared to the beginning of the year, petrol and diesel have risen 19.6% and 18.7% respectively.