Highest Average Price of Ethanol and Gasoline Found in Gas Stations in Rio de Janeiro, with Over 10% Increase for the Biofuel

Rio de Janeiro Leads the Scene of Rising Fuel Prices for Ethanol and Gasoline. Diesel Also Doesn’t Lend Relief to the Wallets of Cariocas and Reaches R$ 5,451

The increase in the price of gasoline, diesel, CNG, and ethanol gives no respite to the consumer’s wallet, and Rio de Janeiro is the state that has suffered the most from fuel price hikes. According to the latest survey by the Ticket Log Price Index (IPTL), gas stations in the Southeast Region registered an increase of over 10% for the price of ethanol in the first half of November.

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The 10.3% increase is the second highest since the beginning of the year, behind only March, which recorded a 21.47% increase for the fuel. Ethanol was sold at R$ 5,829.

Rio de Janeiro Has the Most Expensive Ethanol and Gasoline in Southeastern Brazil

In the regional balance, Rio de Janeiro continues to present a rising scenario concerning fuels. Both ethanol and gasoline were the most expensive in the Southeastern region, being sold in fluminense gas stations in the first days of November at R$ 6,346 and R$ 7,322, respectively. In São Paulo, despite the 12.75% increase recorded for the price of ethanol, the state had the lowest averages for the fuel – R$ 5,281. The cheapest gasoline was also found at São Paulo gas stations, at R$ 6,430.

“With the significant increase in the average price of ethanol in the first days of November, gasoline became the more advantageous option for drivers refueling in the four states of the Southeastern Region, according to Ticket Log’s survey,” says Douglas Pina, Head of Urban Market at Edenred Brazil.

Diesel Also Hits R$ 5,451

Diesel and S-10 diesel were sold at the highest average prices in gas stations in Minas Gerais, at R$ 5,482 and R$ 5,561, respectively. In São Paulo, standard diesel presented the lowest average at R$ 5,313.

In Rio de Janeiro, S-10 diesel was sold at R$ 5,398, the lowest average price in the region. In the regional balance, the first was sold at R$ 5,363 and the second at R$ 5,451.

The IPTL is a fuel price index based on refuels conducted at the 21,000 accredited Ticket Log gas stations, which has great reliability due to the quantity of vehicles managed by the brand: 1 million in total, with an average of eight transactions per second.

Ticket Log, a fleet management and mobility solutions brand of Edenred Brazil, has over 30 years of experience and adapts to clients’ needs, offering modern and innovative solutions to simplify daily processes.

To Alleviate the Burden from Soaring Prices of Gasoline, Ethanol, Diesel, and CNG, Consumers Turn to Internet Kits Promising Water-Powered Cars Starting Below R$ 200

The best thing about Brazil is its people; with gasoline, ethanol, diesel, and CNG prices soaring, there are plenty of ads for accessories promising to reduce vehicle fuel consumption. The latest on the internet is a device that promises to convert conventional combustion engine cars to “water-powered” cars, through a product known as a hydrogen kit.

The gadget offered on social media and e-commerce sites has an initial price of less than R$ 200 but can exceed R$ 1,000, depending on the brand and configuration. However, the promise is the same: the “technology” uses the electricity from the alternator to extract hydrogen from water, which is stored in a small tank.

Is a Water-Powered Car Possible? Watch the Video Below and Understand the Process: