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“Government and Gasoline Companies Must Find Consensus in View of Fuel Price Reductions”

“Government and Gasoline Companies Must Find Consensus in View of Fuel Price Reductions”

The former Minister of Economy and Finance, Tomaz Salomão, said that the Government and the petrol companies should dialogue to reach a consensus about the possibility of lowering fuel prices. The economist warns that common sense should prevail.

According to Tomaz Salomão, quoted by the newspaper O País, good sense is needed between the parties to reach an agreement, to the benefit of the citizen.

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Regarding the Government’s high debts to the petrol companies, Salomão suggests long-term solutions.

The remarks come days after the Government announced that it will reduce fuel prices next October, in line with the fall in the price of a barrel of oil on the international market.

The announcement was made by the current Minister of Economy and Finance, Max Tonela, having added that the measure will help to attenuate the cost of living in the country.

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Reacting to the Government’s information, the petrol companies said that there are no conditions for the decrease of fuel prices this year, because, according to them, it would be more reasonable to increase them.

Currently, the price of a barrel of oil, at international level, has been falling since the beginning of the second semester.

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