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Author and rapporteur of the bill estimate that, if approved, the consumer will pay cheaper in gasoline and Petrobras will continue with its standard gain
O bill 1.472 / 2021, authored by Rogério Carvalho (PT/SE) and rapporteur by Senator Jean Paul Prates (PT-RN), is being discussed in the Senate, where several changes are being proposed in the guidelines for gasoline, diesel and cooking gas (LPG) from Petrobras. The feared and controversial theme will still generate a series of debates and “confusions” in Brasilia.
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Debate on the price of gasoline, diesel and cooking gas is on the agenda
The House Committee on Economic Affairs is expected to vote on the project very soon. During the week, the matter was debated several times by the collegiate, with the aim of opening space for the modification of the international price parity policy applied by Petrobras.
The project's author and rapporteur reported that, if approved as it is, the price of common gasoline could be passed on to the final consumer for an average price of R$5. on average $7.
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Senate bill plans the creation of a Stabilization Fund for the prices of gasoline, diesel, ethanol and cooking gas (GLP)
According to the author and rapporteur of the bill for the Senate, new guidelines will be established regarding the sale price of fuels and consumer interests will be protected. It will also be prioritized that the prices of petroleum-derived fuels are stipulated in accordance with the reference of the average quotations of the international market, as well as the internal costs of production and the costs of importation.
A band regime will be stipulated for the prices of petroleum-derived fuels, with a predefined basic frequency of readjustments and compensation mechanisms. There will also be the implementation of progressive export tax rates, but for crude oil, but with a value starting at US$ 40 a barrel.
A Stabilization Fund will be created for the prices of gasoline, diesel, ethanol and also for cooking gas (GLP), which should be supplied with funds arising from export tax and/or price variation in relation to the band . The rapporteur and the author conclude by saying that the use of budgets from other resources that have no connection with those listed above will not be allowed.
Benefits for everyone involved
According to what was listed in the project, the margin would be supported by an export tax on crude oil, following barrel prices on the international market.
Consumers would pay less and Petrobras would maintain its profit margin at 50%. According to Senator Jean Paul, during a session at the House Committee this week, the prospect of an amendment that could modify part of the original project is being worked on, having as its structure the guidelines and references of the petroleum-derived fuel policy and the application of a price stabilization program for these derivatives.
The bill presented is now ready to be evaluated by the Senate Economic Affairs Committee. In the expectation of the author and the rapporteur that the project will go ahead, it is estimated that it should be discussed in the plenary of the House and soon after be forwarded to the Chamber of Deputies, so that there is a final decision, by means of a vote.
