Petrobras Defends Current Fuel Pricing Policy as Truckers Talk About New Strike

Written by Roberta Souza

Published on 18/10/2021 at 18:16

Caminhão da Petrobras/Fonte: Blog do Caminhoneiro

Seja o primeiro a reagir!

The President of Petrobras, Reserve General Joaquim Silva e Luna, Defended His Management and Denied That the Company Is Responsible for Price Increases

In an interview with UOL, the president of Petrobras, Reserve General Joaquim Silva e Luna, defended his management and denied that the company is responsible for the increase in prices. Silva e Luna defended the company’s pricing policy amid soaring fuel prices, with Petrobras at the center of criticism, including from the political class. On the 16th, truck drivers promised a new strike starting November 1, following a meeting held in Rio de Janeiro. Read this news also: Truck Drivers Threaten Strike and May Stop at Any Moment Against the New Diesel Price Hike and Fuel Prices Charged by Petrobras

The CEO of Petrobras Defends Fuel Price Adjustment

The general stated that Petrobras will not accept intervention, that “price controls have always brought the worst consequences,” that the pursuit of profit should not be condemned, and that the decision on whether to privatize the company rests with the government. “What prevents supply shortages in the markets and enables balanced economic growth is precisely the acceptance that prices are determined by the market, not by ‘pen strokes’,” said Silva e Luna.

Petrobras’ current pricing policy has been in effect since October 2016, during the presidency of Michel Temer, who established the Import Parity Price (IPP), passing on the increases in oil prices in the international market and also the dollar, which rose nearly 30% in 2020 and has accumulated a 5% increase this year. Petrobras’ pricing policy caused the largest strike of truck drivers in the country in May 2018, which resulted in product shortages across the country. At that time, Temer changed the rules for price adjustments and dismissed the then president of Petrobras, Pedro Parente.

ARTICLE CONTINUES BELOW

Truck Drivers Project a New Strike

Representatives from various truck driver associations are alerting their members to a possible diesel shortage due to cuts that Petrobras may be making in the supply to distributors. A statement sent on Saturday (15) by the Brazilian Association of Autonomous Vehicle Drivers (Abrava) informs drivers that the decrease in supply at gas stations will significantly affect independents since, unlike companies or fleets, they do not have pumps to maintain their own supply.

With the reduction in fuel delivery by Petrobras, Abrava points out that diesel will likely have to be imported, “which will result in an increase in the price per liter close to R$ 0.60 (sixty cents) due to the international pricing parity policy for fuels that Petrobras follows,” the text states.

At a meeting held in Rio de Janeiro on Saturday, several representatives of independent drivers decided that the category will go on strike if the demands are not met. The high price of diesel is one of the most important points. For Abrava’s president, Wallace Landim, known as “Chorão,” the risk of supply shortages also weighed heavily in the indication of a strike. “That was an additional reason,” he says.

Petrobras Defends Current Fuel Pricing Policy as Truckers Talk About New Strike

The President of Petrobras, Reserve General Joaquim Silva e Luna, Defended His Management and Denied That the Company Is Responsible for Price Increases

The CEO of Petrobras Defends Fuel Price Adjustment

Truck Drivers Project a New Strike

Family without running water in the interior of Ceará takes out a loan to drill an artesian well and discovers possible oil, but cannot use it, cannot sell it, and is left with a debt of R$ 15,000.

On the Greek island of Ithaca, archaeologists have found what may be a sanctuary dedicated to the legendary Odysseus, with inscriptions bearing his name and votive offerings that span from the Mycenaean to the Hellenistic era.

Is a smart plug worth it in a regular home? What does it offer: turns on and off via smartphone, creates routines by schedule, prevents forgotten devices, sometimes monitors consumption, and improves habits without renovation or miracles.

Spain surprises the world by erecting 62 artificial dunes, mixing sand with natural remains of posidonia, and causing the structure to lose only 1.4% of its volume in 1 year.

Geographers redefine the Brazilian relief and confirm the presence of mountains in 14 states with a new system that changes historical criteria and alters the way the territory is classified.

There is a city in China right next to Hong Kong where people speak Portuguese, the streets have names in Portuguese, and the architecture looks like it came straight out of a historic city in Brazil.

An analysis by NASA highlighted that the Great Wall of China and the Pyramids of Egypt are not visible to the naked eye from the International Space Station, and only one man-made structure is visible in this way.

Children from emotionally cold homes reveal a shocking secret: early independence may hide deep traumas and silently and durably impact adult life.

The United States damages a millennia-old archaeological site with explosives to build the wall at the border.

Giant silos with a capacity of 300,000 tons have been erected outside the Strait of Hormuz to safeguard the supply of the Gulf; this megainfrastructure transforms Fujairah into one of the most strategic food vaults on the planet in times of crisis.

Little known, the Veryovkina cave is considered the deepest in the world, with over 2,200 meters, defying any comparison.

Famous singer and Chinese manufacturer enter the dirty list of slave labor; operation rescues 14 employees on a farm in Goiás and 220 workers at a construction site in Bahia; punishment is a fine.

Petrobras Defends Current Fuel Pricing Policy as Truckers Talk About New Strike

The President of Petrobras, Reserve General Joaquim Silva e Luna, Defended His Management and Denied That the Company Is Responsible for Price Increases

The CEO of Petrobras Defends Fuel Price Adjustment

Truck Drivers Project a New Strike

Family without running water in the interior of Ceará takes out a loan to drill an artesian well and discovers possible oil, but cannot use it, cannot sell it, and is left with a debt of R$ 15,000.

On the Greek island of Ithaca, archaeologists have found what may be a sanctuary dedicated to the legendary Odysseus, with inscriptions bearing his name and votive offerings that span from the Mycenaean to the Hellenistic era.

Is a smart plug worth it in a regular home? What does it offer: turns on and off via smartphone, creates routines by schedule, prevents forgotten devices, sometimes monitors consumption, and improves habits without renovation or miracles.

Spain surprises the world by erecting 62 artificial dunes, mixing sand with natural remains of posidonia, and causing the structure to lose only 1.4% of its volume in 1 year.

Geographers redefine the Brazilian relief and confirm the presence of mountains in 14 states with a new system that changes historical criteria and alters the way the territory is classified.

There is a city in China right next to Hong Kong where people speak Portuguese, the streets have names in Portuguese, and the architecture looks like it came straight out of a historic city in Brazil.

An analysis by NASA highlighted that the Great Wall of China and the Pyramids of Egypt are not visible to the naked eye from the International Space Station, and only one man-made structure is visible in this way.

35 medical entities criticize the MP that automatically renews driver’s licenses without fitness exams: they say that diseases do not show up in fines; Congress analyzes RNPC after 38,253 deaths and a cost of R$ 400 million directly to SUS.

Brazil secures a foothold in one of the largest markets in Africa, gaining authorization to sell 17 products to Ethiopia, including beef, pork, and chicken, as well as sugar, grains, and ethanol.

The government wants to release FGTS to pay off debts and is preparing a credit package with Union guarantees, discounts of up to 80%, and a possible block on bets, says Durigan; the announcement may come in the next few days.

China reacts after BYD enters the dirty list of slave labor in Brazil, case exposes work in Bahia and increases pressure on the electric vehicle manufacturer.

Brazilian product exports to the U.S. plummet, accumulating 8 consecutive declines after Trump’s tariff hike, resulting in a deficit of $420 million, while China buys more and becomes the great savior of the Brazilian trade balance.

Children from emotionally cold homes reveal a shocking secret: early independence may hide deep traumas and silently and durably impact adult life.

The United States damages a millennia-old archaeological site with explosives to build the wall at the border.

Giant silos with a capacity of 300,000 tons have been erected outside the Strait of Hormuz to safeguard the supply of the Gulf; this megainfrastructure transforms Fujairah into one of the most strategic food vaults on the planet in times of crisis.

Little known, the Veryovkina cave is considered the deepest in the world, with over 2,200 meters, defying any comparison.

Famous singer and Chinese manufacturer enter the dirty list of slave labor; operation rescues 14 employees on a farm in Goiás and 220 workers at a construction site in Bahia; punishment is a fine.