Saturday , October 23 2021

The Ombudsman was asked to reduce fuel prices



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The Ombudsman, Miguel Ángel Godoy Servín, requested through a note to the president of Petróleos Paraguayos (Petropar) the reduction in prices of various types of fuel, taking into account oil prices in recent months.

According to the document presented at the state company office, the price of crude oil is as follows: in August it was US $ 72.28 per barrel; September was recorded at US $ 77.18; in October it reached US $ 79.58 and in the first half of November it was registered at US $ 68.47 per barrel. Like yesterday, crude oil has an international price of US $ 51.51 per barrel, the lowest in recent times.

The Ombudsman, using lanota, indicated that he preferred to show significant problems with consumer rights, taking into account that Petropar's owners, openly, said that the increase in fuel prices was dependent on international crude prices and the dollar.

In Chile, yesterday, the decline in fuel prices and Liquefied Petroleum Gas (LPG) was registered for the fifth week in a row. This information was confirmed by the President of the Republic of Chile, Sebastián Piñera, through his Twitter account. "This is an important aid for the pocket of all Chileans," the president said through his social network.

Petropar's owner, Patricia Samudio, reiterated yesterday, by Monumental radio, that only at the end of the month would it analyze the probability of general diesel prices decreasing, fuels whose value was very important for Paraguay's economy.

At another point, he explained that if per cubic meter of oil reached US $ 450 and if the dollar remained below G. 6,000, it could reduce the price of larger hydrocarbons.

PETROPAR MUST REDUCE PRICES

The high price of crude oil and the rise in the dollar are the main reasons for forcing the emblem to increase the price of all fuel marketed in the country in mid-September this year.

After a readjustment, prices of both the US currency and crude oil, but especially the second, showed a significant decline, however, companies that sell fuel in the country still maintain the price of their products.

For Eddie Jara, former president of Petropar, there are several elements so that the emblem that operates in the country can reduce fuel prices. "There are two components, namely international oil prices and the dollar exchange rate. This determines what the price of fuel must be in each market," he said.

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