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Bolsonaro Administration Could Review Fuel Pricing Policy If It Does Not Harm Petrobras

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Along with Minister Bento Albuquerque (Mines and Energy), Bolsonaro asked when the price of fuel would fall and heard from the assistant that this will happen when the country increases its oil production.

President Jair Bolsonaro admitted on Thursday (16) that he could review Petrobras’ fuel price policy if there is no loss to the company.

During a live broadcast on his social networks on a trip to Dallas, Texas, the president said people blame him for the high value of gasoline at the pumps and that the pricing system “may have some misunderstanding.” Therefore, stated, if it does not harm the company, can be revised.

“The people complain about the price of gasoline at R $5, and they blame me, they shoot me all the time.” The price of the fuel is made by Petrobras, taking into account the price of a barrel of oil out there, as well as If we can review this there without prejudice to the company, without any problem, sometimes politics can have some misunderstanding. ”

Along with Minister Bento Albuquerque (Mines and Energy), Bolsonaro asked when the price of fuel would fall and heard from the assistant that this will happen when the country increases its oil production.

“We have prospects with the auctions that we are going to carry out, we have the largest production area in the world and only with production will we be able to reduce the price of fuel, gas,” the minister said.

Last month, Bolsonaro interfered with Petrobras’ pricing policy and insured the company’s increase in the price of diesel, which caused a loss of R $32 billion in market value for the company.

Aides to the president said his decision came because of fear of a new trucker strike that last year caused a serious supply crisis in the country.

The measure, however, contradicted the liberal speech of the head of the government’s economic team, Paulo Guedes, who does not agree with this kind of government intervention – on that occasion the minister was surprised by the president’s decision.