Bolsonaro celebrates another drop in gasoline prices after talking about ‘good news’ yesterday

Bolsonaro celebrates another drop in gasoline prices after talking about ‘good news’ yesterday
Bolsonaro celebrates another drop in gasoline prices after talking about ‘good news’ yesterday

BRASÍLIA – After saying on Wednesday night, the 31st, that there would be “good news” related to the fuels until Friday, 2, the president Jair Bolsonaro (PL) celebrated on Twitter this Thursday, 1st, the announcement of Petrobras further reduction in the price of Gasoline starting tomorrow. During a rally in Curitiba (PR), the candidate for re-election stated, in an interview with SBT, that this is the practice of the new president of the state-owned company, Caio Paes de Andrade.

“New gasoline price reduction! Starting tomorrow, 09/02, the average sale price of gasoline from Petrobras to distributors will go from R$ 3.53 to R$ 3.28 per liter, a reduction of more R$ $0.25 per litre,” wrote the chief executive on the social network.

“From fuel, every week we have good news. Today is Wednesday. I think that by Friday there will be more good news, because it is being a practice of the new president of Petrobras”, declared Bolsonaro on Wednesday.

This is the fourth time since July that Petrobras has reduced the price of gasoline at refineries, thanks to the drop in the price of a barrel of Petroleum in the foreign market. The price policy practiced by the state-owned company, based on international parity, takes into account the variation of the dollar and the barrel of Brent oil, traded in London.

In addition, fuel prices are lower due to the 17% cap on ICMS charged in the States on these products. The measure, sponsored by Palácio do Planalto, was approved in Congress on the eve of the election, as well as the constitutional amendment that decreed an emergency in the country to enable the expansion and granting of new social benefits.

This Tuesday, 30, Bolsonaro said at an event organized by the National Union of Entities for Commerce and Services (Unecs) that he never interfered in the price of fuels or in Petrobras. “We don’t want to violate the market, we don’t want to interfere,” he said.

Petrobras logo; government reduced the price of gasoline. Photo: Sergio Moraes/Reuters

Caio Paes de Andrade assumed the presidency of Petrobras on June 28, replacing José Mauro Coelhowho had succeeded General Joaquim Silva and Luna. The soldier took over the command of the state-owned company after the dismissal of Roberto Castello Brancothe first president of the state-owned company in the Bolsonaro government.

In December of last year, the Securities and Exchange Commission (CVM) even filed a lawsuit to investigate whether Petrobras, a company listed on the stock exchange, had disclosed information about a material fact, which is not allowed. The measure was taken after Bolsonaro’s statements that the state-owned company would reduce fuel prices.

The article is in Portuguese

Tags: Bolsonaro celebrates drop gasoline prices talking good news yesterday

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