Gas station owners need transparencyRAI NEWS 24 - PIETRO PAGANINI

GAS STATION OWNERS NEED TRANSPARENCY
RAI NEWS 24 – Pietro Paganini

19 January 2023    
What’s happening with gas stations? Why is the price of gasoline going up? Why are the distributors striking? Are we in a recession?
Economic forecasts seem to be more positive and induce optimism. Pietro Paganini tried to answer these questions in an interview for RaiNews 24 during the late afternoon analysis conducted by Giancarlo Usai.
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GAS STATION OWNERS NEED TRANSPARENCY

This is a brief summary of what Pietro Paganini discussed during his intervention: 

  • Gasoline price has increased because excise taxes have been raised to pre-crisis levels.
  • The Draghi Government had in fact reduced excise taxes to limit inflation and the increase in gasoline.
  • The Meloni Government has increased excise taxes because the period of discount has come to a natural expiration.
  • It is not clear why gas station owners are striking. The Government has asked for transparency.
  • Transparency helps citizens but also gas station owners who want to provide better service to consumers.
  • The Government is right to ask for transparency. Whether it be with a sign under the distributor’s sign or through an app.

To sum up the full situation: 

Gas station attendants in Italy are striking due to low prices of gasoline and diesel, which have caused a reduction in profit margins for service stations. Additionally, there are also concerns about unfair competition from online fuel distributors and lack of support measures from the government.

The price of gasoline and diesel in Italy is made up of several components, including the cost of the raw materials, taxes, transportation costs, and the profit margins of the companies involved in the distribution and sale of the fuel.

The Italian government sets the taxes on fuel, which make up a significant portion of the retail price. The cost of the raw materials, transportation costs and the profit margins of companies are determined by the market forces of supply and demand. Additionally, there are also other factors that influence fuel prices such as exchange rate, geopolitical tensions, etc.

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