2023-11-01 12:32:00
October ended and, with it, the freezing of fuel prices in force between the production and distribution companies and the National Government. And while supply begins, little by little, to normalize in the country, after the shortage experienced in recent days, In the last hours, increases were seen at the pumps.
Gasoline and diesel woke up this Wednesday, at the beginning of the month of November, with increases of between 7% and 10% on averageabove the 5% previously agreed.
This marks that, after leaving behind the pact with the Palacio de Hacienda, companies sought higher marginn for increases, considering that in recent months there were inflation rates that doubled that figure: 12.4% in August and 12.7% in September.
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This occurred while the Minister of Economy, Sergio Massaseeks to close a new extension of the Fair Prices agreement with the oil companies, with the consideration of monthly increases greater than those designated in the last number planned but, the holder of the portfolio hopes, below 10%. The floor requested by the companies in the negotiations was 20%, with maximum limits of up to 40%.
In the run-up to a definition in this regard, the National Government postponed the update of the fuel tax until February to mitigate the price increase that began to take place in the last few hours. He did it through Decree 567/2023, published in the Official Gazette.
“We assign State resourceswe stopped collecting taxes so that gasoline does not increase more than it should,” said Massa. The postponement of the increase in the amounts of tax burdens for unleaded gasoline, virgin gasoline and diesel It will be in force until February 2024.
“In the last few hours we heard requests for increases of 40%, 20%, 10%, far above the reality that a sector of the big winners of the Argentine economy needed in order to continue investing,” he added.
Likewise, he highlighted that the oil sector is “benefited from a differential exchange rate for exports” and “with tax discounts for imports for production as well as for the import of certain goods and services important for oil production.”
“We are happy to know that we have broken production records and have increased investment in Vaca Muerta by 50%. It is one of the most important sectors for economic competitiveness and for Argentina’s strategy of accumulating reserves. But that cannot happen at the expense of from the pockets of the Argentines,” he emphasized.
This is in line with the annoyance of the presidential candidate of Union for the Homeland due to the fuel shortage that worsened during the weekend. In this sense, he put the magnifying glass on the companies, whom he accused of not releasing stock, speculating with the closing of the price agreement and a hypothetical, which later did not occur, devaluation of the official exchange rate.
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“Today the supply is evident that has grown. Yesterday, fuel that was not there began to magically appear.“, he ironized this Tuesday, in dialogue with the media.
Over the last few days, users They had to endure very long lines or even search between several points one in particular where it was sold; while at some service stationsit was sold with quota or, directly, it was not operated. However, although the inconveniences persist, sources linked to the energy issue assure that the problem would dissipate in the next few hours.
As these sources related to the sector assured PERFIL, the situation “tends to normalize”, which means fuel supply will be guaranteed. Although, now, after these changes, with some increases in values.
News in development…
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