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Are Fossil Fuels Running Out?

Have we passed peak oil – are fossil fuels running out? Richard Lyon says yes, and the transition to 'renewables' is making it worse. But peak oil is a myth, says Tilak Doshi, as he reviews Lyon's book The Energy Trap.

The post Are Fossil Fuels Running Out? appeared first on The Daily Sceptic.

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Exclusive Extracts from Chris Morrison’s New Book Implausible: How Scientists, Activist Politicians and Journalists Invented a Climate Crisis

Read an exclusive extract from the explosive new book by the Daily Sceptic's Environment Editor Chris Morrison. It will send shock waves through the climate science community as it exposes scads of elite misinformation.

The post Exclusive Extracts from Chris Morrison’s New Book Implausible: How Scientists, Activist Politicians and Journalists Invented a Climate Crisis appeared first on The Daily Sceptic.

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Evolution of fuel prices in July 2026

In July 2026, the price of fuels and lubricants for personal transport in the EU increased by 16.9% compared with July 2025. This followed year-on-year increases of 20.7% in May and 13.7% in June. 

In 25 of 27 EU countries, fuels and lubricants prices were higher in July 2026, compared with July 2025. In 13 countries, July annual increases were larger than those in June 2026. However, in most countries (24), the annual rate of change in July was lower than in May 2026, when 4 countries registered annual price increases exceeding 30%. 

In July 2026, compared with July 2025, the highest increases were recorded in Romania (+24.2%), Germany and Lithuania (+22.9% each), Bulgaria (+22.2%), the Netherlands (+22.0%) and Finland (+20.5%). Prices dropped slightly in Hungary (-0.1%), while the  lowest increases were recorded in Sweden (+1.2%) and Ireland (+3.2%). 

Click to enlarge

Price changes for fuel and lubricants, May-July 2026  (%, annual rate of change). Chart. See link to the full dataset below.

 Source dataset: prc_hicp_minr

Diesel prices up 4.3%, petrol up 4.7% compared with June 2026 

On a monthly basis, in July 2026, EU consumers saw diesel prices increase by 4.3% and petrol by 4.7%, compared with the previous month. In June 2026, diesel had dropped by 6.4%, and petrol by 4.2% relative to May 2026.

Between June and July 2026, diesel prices increased in 17 EU countries. The highest increases were registered in Poland (+13.4%), Germany (+12.7%) and Greece (+12.1%). The prices dropped in 9 EU countries, with the largest decreases in Cyprus (-7.9%), Sweden (-7.4%) and Ireland (-6.4%).

When it comes to petrol prices, 14 countries recorded increases and 12 countries recorded decreases in prices between June and July 2026. The largest increases were in Poland (+17.2%), Germany (+11.0%) and Spain (+7.1%), while the largest decreases were recorded in Sweden (-11.1%), Cyprus (-5.4%) and Ireland (-4.1%). 

Click to enlarge

Price changes for diesel and petrol, July 2026  (%, monthly rate of change). Chart. See link to the full dataset below.

Source dataset: prc_hicp_minr

For more information

Methodological notes

  • This data comes from Eurostat data collection for the compilation of the harmonized index of consumer prices (HICP), which is used to measure inflation in the EU.  
  • Fuel prices in Malta have been fixed since 2020, therefore there was no change.
  • The ECOICOP version 2 codes used for this article were:
    • CP0722 - Fuels and lubricants for personal transport equipment
    • CP07221 - Diesel
    • CP07222 - Petrol

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