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Tuesday, September 27, 2022

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90 octane fuel decreased its price by S/ 1.50

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In recent weeks, fuel costs have begun to decrease by up to S/ 1.50 per gallon, according to the vice president of the Arequipa Tap Association, Magno Salas.

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Especially lowered the price of 90 octane gasoline. Salas pointed out that 4 weeks ago the value of a gallon of that octane was at S/ 24 and now it is at S/ 22.50.

He argued that between 60% and 70% of taps in the city of Arequipa have that updated price.

In the Autrisa establishment on Bonifaz del Cercado street, for example, 90 octane fuel costs S/ 22.39 and 95 costs S/ 25.29. The latter only decreased to 0.80 cents in recent days.

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“The perspective is that the price of gasoholes will drop, also diesel. But everything is subject to the costs of competition”, said the leader. Calculate that within 45 days the value per gallon would be less than S/ 20 if international oil prices continue to plummet. “Everything will depend on how the international price behaves. It could go down to less than 20 soles, but that will be a process of 30 to 45 days, “he said.

For Salas, the fall in foreign prices is the main cause of the decrease. Regarding whether the measures of the State contributed, the leader indicated that they did a little, with the inclusion of hydrocarbons in the Fuel Price Stabilization Fund (FEPC).

The representative of the faucets assured that policies are necessary that promote the extraction of our natural resources with added products with a view to industrialization, such as Camisea gas.

“Unfortunately, we are an ignorant country. With industrialization we will depend less on international prices”, maintained Magno Salas. He noted that in the future renewable energies will be used, leaving aside oil.

Source: Larepublica

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