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Today (11th) gasoline prices hit an all-time high.
It exceeded 2,064 won per liter.
Some say they are afraid to add oil, but there are no signs that the price will go down.
First, reporter Jung Gu-hee reports.
<Reporter>
A thrifty gas station in Seoul is crowded with cars waiting for their turn to refuel.
It's because the price is cheaper than nearby gas stations, but even here, the price of gasoline exceeded 2,000 won per liter.
[Park Jong-goo / truck driver: Oil cost about 900 to 1 million won per month, but now it is 1.5 to 1.6 million won.
So, I'm afraid to put oil once.]
Today, the average gasoline price per liter nationwide rose 7.8 won from yesterday to reach an all-time high of 2064.59 won.
It surpassed the previous high of 2,062 won in April 2012 for the first time in 10 years and 2 months.
The price soared to 2,137 won in Jeju Island and 2,129 won in Seoul.
The government has cut the fuel tax by 30% since last month, and the tax on 1 liter of gasoline has been reduced from 820 won to 574 won.
Considering the extent of the fuel tax cut, the price of gasoline has actually risen to the 2,300 range.
The price of diesel, which sets a new high every day, is 2063.53 won, which is no different from the price of gasoline.
Supply has become unstable due to Russia's invasion of Ukraine, and the plans of additional production increases by oil-producing countries are unclear, and demand is expected to increase further.
[Seung-Hoon Yoo/Professor, Department of Energy Policy, Seoul National University of Science and Technology: Since the holiday season is coming back soon in the United States, the operation of gasoline cars increases rapidly.
Gasoline prices are likely to rise or remain higher than they are now.] There are
also concerns that the current account, which turned to a loss for the first time in two years in April, will worsen due to a rise in gasoline prices.
(Video coverage: Kang Dong-cheol, video editing: Kim Jin-won)