Government of Rio Grande do Norte Allows Direct Sale of Ethanol from Mills to Gas Stations; Expectation Is That Action Will Reduce Prices for Consumers

Written by Fabio Lucas Carvalho

Published on 29/09/2021 at 00:28

Updated on 29/09/2021 at 01:57

(Marcelo Camargo/Agência Brasil)

Be the first to react!

State Government of RN Authorizes Direct Sale of Ethanol to State Plants with Expectation of Price Reduction for the End Consumer

The price of fuels is severely affecting Brazilian families’ budgets, being one of the villains for rising inflation. Aiming to reduce the impact of fuel on the wallets of drivers in the state of Rio Grande do Norte, a decree authorizes industries producing Hydrated Ethanol Fuel to sell the product directly to gas stations.

On the afternoon of this Monday, the 27th, a decree was signed by Governor Fátima Bezerra (PT) that allows the sale of alcohol by the plants, just as it already occurs with the distributors, directly to retail.

fuel, gasoline price, ethanol price, RN, Rio Grande do Norte — ***Image of a fuel pump. Photo: Procon***

What Are the Advantages of the Decree

The governor believes that the decree will increase competition, a situation that should lead to a reduction of fuel prices at more than 2,800 gas stations in the state of Rio Grande do Norte. The measure was published this Tuesday, the 28th, amending the ICMS legislation, being the first state to regulate the direct sale.

ARTICLE CONTINUES BELOW

Guarantee in Price Reduction

The government of the state of Rio Grande do Norte wants to guarantee a price reduction at the pump through the State Department of Taxation (SET-RN). A presumptive credit system is being adopted in the industry: the plants will have a presumptive credit of 25% on the value of the liter of Ethanol transferred. According to “Agora RN”, a total of three ethanol producing plants will benefit in the state.

Fátima Bezerra stated that the fuel prices are high due to the federal government: “It is important to make it clear that this explosion in fuel prices is due to the Federal Government. In 12 months, the price has risen by about 40%, and in the last three years, there has been no increase in ICMS in the state. With this regulation, the State Government is contributing, meeting an old request from the sector. We hope this measure can effectively help lower fuel prices for consumers.”

Government of Rio Grande do Norte Allows Direct Sale of Ethanol from Mills to Gas Stations; Expectation Is That Action Will Reduce Prices for Consumers

State Government of RN Authorizes Direct Sale of Ethanol to State Plants with Expectation of Price Reduction for the End Consumer

What Are the Advantages of the Decree

Guarantee in Price Reduction

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

China opens the world’s first school where more than 100 humanoid robots from different brands will study together, each movement will be repeated up to 600 times a day and the data will feed a collective brain that will teach all the robots of the future.

Cambodia has started digging a nearly 180-kilometer canal to connect the Mekong River directly to the sea and reduce its dependence on the ports of neighboring Vietnam.

Scientists considered detonating 213 nuclear bombs in the Sahara to create an artificial sea the size of El Salvador, with each explosion being a hundred times more powerful than the Hiroshima bomb, and the goal was to generate more energy than Egypt’s largest hydroelectric plant.

Free courses open 2,221 spots with classes in itinerant trailers from June 8 to 18 and training in gastronomy, technology, beauty, mechanics, pets, and elderly care in SP.

Hyundai sells an executive minivan that looks like a VIP room on wheels: Custin carries 7 people, uses a 1.5 turbo engine with 168 hp, 8-speed automatic transmission, and costs around R$ 157,000 in direct conversion in Vietnam.

China creates a capsule with artificial intelligence that scans the stomach in just 8 minutes and can reduce costs by up to R$ 1,400, paving the way for a new era of gastrointestinal diagnostics without tubes, sedation, and discomfort for patients.

R$ 5,000 scattered on the street, a lost wallet, and an honest decision: the case in Goiás that moved even those who only read the story

Brazil’s almost forgotten neighbor found oil at sea, attracted ExxonMobil and Chevron, became a billion-dollar bet in global energy, and now tries to answer if quick wealth also turns into real development.

Government of Rio Grande do Norte Allows Direct Sale of Ethanol from Mills to Gas Stations; Expectation Is That Action Will Reduce Prices for Consumers

State Government of RN Authorizes Direct Sale of Ethanol to State Plants with Expectation of Price Reduction for the End Consumer

What Are the Advantages of the Decree

Guarantee in Price Reduction

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

China opens the world’s first school where more than 100 humanoid robots from different brands will study together, each movement will be repeated up to 600 times a day and the data will feed a collective brain that will teach all the robots of the future.

Cambodia has started digging a nearly 180-kilometer canal to connect the Mekong River directly to the sea and reduce its dependence on the ports of neighboring Vietnam.

Scientists considered detonating 213 nuclear bombs in the Sahara to create an artificial sea the size of El Salvador, with each explosion being a hundred times more powerful than the Hiroshima bomb, and the goal was to generate more energy than Egypt’s largest hydroelectric plant.

Oil surges again after attacks and standoff between the US and Iran increase global tension

HIDDEN TREASURE AT THE BOTTOM OF THE SEA? Oil discovery nearly 20,000 feet deep challenges engineering limits off the coast of Brazil

IBS and CBS regulations change credit reimbursement and raise financial alert in the oil and gas industry

China puts into operation the largest shallow lithology offshore field in the country, with 79 wells, heavy oil, and a production of 20,000 barrels per day.

Free courses open 2,221 spots with classes in itinerant trailers from June 8 to 18 and training in gastronomy, technology, beauty, mechanics, pets, and elderly care in SP.

Hyundai sells an executive minivan that looks like a VIP room on wheels: Custin carries 7 people, uses a 1.5 turbo engine with 168 hp, 8-speed automatic transmission, and costs around R$ 157,000 in direct conversion in Vietnam.

China creates a capsule with artificial intelligence that scans the stomach in just 8 minutes and can reduce costs by up to R$ 1,400, paving the way for a new era of gastrointestinal diagnostics without tubes, sedation, and discomfort for patients.

R$ 5,000 scattered on the street, a lost wallet, and an honest decision: the case in Goiás that moved even those who only read the story

Brazil’s almost forgotten neighbor found oil at sea, attracted ExxonMobil and Chevron, became a billion-dollar bet in global energy, and now tries to answer if quick wealth also turns into real development.