Saturday, June 3, 2023

“We got used to it wrong, Colombia is one of the countries with the most expensive gallon of gasoline”: ACP

Despite the fact that a gallon of gasoline has risen to 2,050 pesos so far this year, Colombia continues to be one of the countries in the world with the most expensive gasoline, according to the president of the Colombian Petroleum Association.

ACP, Francisco Lloreda, which also refers to the fact that Colombians practically got used to it wrong and do not pay what the gas is really worth.

“Colombia is one of the countries with the most expensive gasoline Comparatively, it is just that we are used to not paying the real price of gasoline. It is a public policy choice to allocate less daily resources to the gasoline subsidy and send them to other purposes,” the union leader said.

He also insists that the $600 increase is consistent with his message The government regarding its objectives in energy transition
and that it would be inconsistent to want to move towards new sources of energy, but at the same time subsidize those who have fossil fuels as a source.

“The vast majority of countries in the world pay the real price, which is the import parity price, this must be consistent with the goal of energy transition. What ends up being inconsistent is wanting to move towards new energy sources, but at the same time subsidizing those with fossil fuels as their source”, added the ACP president.

The question was answered by Andrés Velasco, technical director of the Autonomous Committee of Fiscal Rules, who in dialogue with Mañanas Blu, when Colombia is on the air, explained that there is a “decoupling”, but that he described as “normal”, due to the situations that the world is going through now. Including the war between Russia and Ukraine, as well as other factors.

There was a temporary, but normal, decoupling between the price of Brent (raw material) and refined gas.. This is because at the end of the pandemic, the conflict in the world caused the refineries to behave differently than the same price of oil, “he explained.

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
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