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Date: 4 weeks ago   Category: Finances

"Tools" of the government: how to contain increase in prices for fuel after increase in excises?

The C beginnings of 2019 excises on gasoline will grow by 3,7 thousand rubles, by the diesel — by 2,7 thousand. According to experts, compensate to oil industry workers a difference between the oil price in the external and internal markets. But as it will work, the Photo is unclear: of the C beginning of 2019 will raise excises on fuel. On gasoline — for 3,7 thousand rubles on ton and the diesel — for 2,7 thousand rubles. As the Deputy Prime Minister Dmitry Kozak has said in an interview to RBC, at the same time fuel cost for consumers won't grow. "We will apply all that tool kit which the government that it hasn't occurred has" — he has added. How the government will contain increase in prices? "Tool kit" was small. To be exact, tool only two. The first, he the main is a so-called damping extra charges, or as they are called still, a negative excise. With his help to the oil companies and oil refinery will compensate a difference between the world price of oil and its cost in domestic market. But as it will work, still unclear, the president of the Russian fuel union Evgeny Arkusha:evgeny Arkusha the president of the Russian fuel union "Says a negative excise, the return excise, a returnable excise as you want, call, as a matter of fact, this subsidizing of oil processing at the expense of the budget. In case the strong growth of the internal prices is observed in order that to reduce them, some subsidies of oil processing will be carried out. But we still don't understand how it will work. There are disputes between the government, oil industry workers on coefficients of this damper, under the terms of its application and so on. Therefore theoretically such mechanism is, but the algorithm of its application is still unclear". But even if this mechanism somehow will start working, under other conditions which will also be entered, to contain increase in prices it won't turn out, the CEO of the independent agency "Analytics of the Commodity Markets" Mikhail Turukalov:mikhail Turukalov the CEO of the independent agency "Analytics of the Commodity Markets" "Even now taking into account the lowered excise rates on gasoline considers and on diesel fuel it is much more favorable to export these oil products from Russia, but not to sell them in domestic market. Respectively, from next year when at us, first, the VAT raises, further at us excises still raise, and recently at us the ruble to dollar has strongly weakened, of course, all this will lead to a bigger growth of efficiency of export of oil products from Russia. And a problem, actually, that will compensate to the oil companies only a part of a difference between the price in domestic market and between export parity. Respectively, anyway completely to avoid growth it won't turn out in any way". In the spring of 2018 when petrol prices have begun to grow promptly, over the country protest actions have swept. It has forced the authorities to take emergency measures: the government since June 1 has lowered excises on gasoline and the diesel and has refused the plan to raise them since July 1. The Cabinet of Ministers has also agreed with the oil companies about"



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