As for diesel, the conversation here is completely different, because diesel is not only linked to vehicles, but also enters transport, shipping, production, agriculture, and industry. Consequently, its rise in price does not stop at the fuel station, but transfers to almost everything. Diesel is currently sold for about 90 piasters per liter, while its actual price reaches about one dinar and thirteen piasters, with a difference of 23 piasters per liter, and about 4.6 dinars for each 20-liter jerrycan.
With the Kingdom's consumption of about five million liters daily, the difference reaches about one million and 150 thousand dinars daily, or nearly 34.5 million dinars monthly. Only here can we realize the scale of the cost that would have been transferred directly to the citizen had there been no government intervention.
The story does not stop at gasoline and diesel; kerosene specifically represents another story, especially since we are heading towards the winter season when demand for it rises and families' need for it increases. Kerosene is currently sold for about 55 piasters per liter, while its actual price reaches about 95 piasters, meaning the difference is 40 piasters per liter, which is a significant difference for a family that relies on kerosene for heating.
As for gas, which is perhaps the most obvious difference to the citizen, the household gas cylinder is currently sold for seven dinars, while its actual price is about 12.5 dinars. This means the difference reaches about 5.5 dinars per single cylinder. With the Kingdom consuming about 70 thousand cylinders daily, the subsidy reaches more than 11 million dinars monthly in support for it, and this figure is likely to rise during the winter season.
In summary, let us just imagine what would have happened if global prices were left to reflect on us completely, without support or gradation. The citizen might have paid much more for transportation, the cost of transporting goods might have risen, this might have reflected on the prices of goods and services, and the heating and gas bill might have become heavier on families.
