Alert on strong fuel increases when the price freeze is over

In the context of the freeze on fuel prices, they warn that external factors could trigger the value even further after the deadlines of the resolution set by the government. They talk about raises of up to $ 80 a liter.

From the Observatory of Energy, Technology and Infrastructure for Development, they warned: "to freeze retail prices until December, and that accumulates an increase of 20%, we must now add the effect of the attack on the Saudi Arabia factories., one would expect an increase of the order of 40-50% by the end of the year. "

Attacks on a refinery and the world's largest oil field in Saudi Arabia caused a surge in oil prices of more than 19%, levels unprecedented since the Persian Gulf War in 1991.

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"If fuel prices are already suffocating for wholesalers and the general public, imagine that you pay 45 pesos to 63 pesos and this in the metropolitan area of ​​Buenos Aires, because in the interior of the province, as in Santa Fe, Córdoba and those of the NEA and NOA already pay the Super for more than 55 pesos, "said the study. However, the equilibrium could be worse: "in these countries, it should reach 80 pesos per liter, of course, if Brent remains below 70 dollars a barrel like today, because it is thought that it can reach 80 shortly. "

For the director of the Observatory, Federico Bernal, "the problem of fuel prices is structural". "We have proposed a solution with the main objective: to recover prices that can be paid by citizens, SMEs, small and medium-sized rural producers, etc.", he explained.

Note published in OETEC