Reduction of excise duty on diesel fuel by 20% between August 16-31. My recommendation for drivers: take advantage of this temporary relaxation of the price at the pump, because no one can guarantee what will happen after the end of August. Where do the price increases come from? ... Certainly not from the international quotation of crude oil, where in the first part of August the barrel was around 79-88 dollars. The real problem comes from the refined products market, where Romania is dependent on diesel imports. And the critical factor is what is happening in the Russian Federation: the accelerated loss of refining capacity has transformed an energy giant (which exports fuel) into an actor that suddenly goes shopping abroad itself. Thus, Russia is looking to buy the same diesel that we are trying to buy. Related to the differences between gas stations: the 20% reduction in excise duty (ie -68 money per liter) brought the prices to around 10 lei. The fact that at some stations we see 9.99 lei is just marketing - a penny less does not change the fact that you still pay 10 lei per liter. There are also gas stations that cut less, such as the case of Lukoil (where the liter is 10.35 lei). The explanation has to do with logistics: with its own refinery in Romania shut down, the company has considerably higher transport and import costs because it brings fuel from abroad. The structural problem remains, however, the huge fiscal burden of the Romanian state. It is not normal for Romania to have more expensive fuels than Bulgaria, Hungary or Poland. When you fill up 60 liters and pay 600 lei at the pump, almost 300 lei go directly to the state's accounts. It is enormous and completely inappropriate for an economy like ours. My intervention on Sunday, August 16 at Digi24
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