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January 31, 2023
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Fuels: gasoline should rise $2.65 and diesel $1.18 per liter in February

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Fuels: gasoline should rise $2.65 and diesel $1.18 per liter in February

Fuels: gasoline should rise $2.65 and diesel $1.18 per liter in February

Economy and Business > Official projections

This Monday the official projections calculated based on Ursea’s monthly report were released. The Executive Power will communicate tomorrow its decision on the rates that will apply in February

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January 30, 2023 at 4:37 p.m.

The Regulatory Unit of Energy and Water Services (Ursea), approved this Monday the report of Import Parity Price (PPI) which corresponds to the period between December 26 and January 25.

The reference values, which are those of the Gulf of Mexico in the US, marked increases in the price of gasoline, and also in the price of diesel, as anticipated The Observer this Monday .

Ursea’s report is one of the inputs that the Executive Power will use to define the fuel prices that will be in force in February. LThe official decision will be known this Tuesday.

What the official projections say

The supplier price projections, taking into account the last PPI plus other variables that the Ministry of Industrymark a price of $74.54 for a liter of Super gasoline. In other words, if the rule were followed, this product should increase $2.65 (3.7%) with respect to current values.

For him gasoil price projection to the public is $60.17 per liter, which indicates that this product should rise $1.18 (2%).

It must be remembered that on other occasions when the PPI marked increases, the authorities chose not to transfer these projections to local prices and froze prices or adjusted less than what the rule indicated.. This criterion was used on more than one occasion during 2021 and 2022.

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