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After the end of the summer marathon of motor fuel prices at Russian gas stations, motorists exhaled and relaxed slightly, again believing that this would not happen again.
It all started a few days ago with reports from agencies that relevant officials of the Russian government have recently started thinking about allowing the export of gasoline abroad. In this regard, we recall that in early October this year Prime Minister Mikhail Mishustin signed a decree introducing a moratorium on the supply of Russian gasoline and diesel to foreign buyers.
Such an unprecedented decision was made to urgently extinguish the price “fire” that broke out on the Russian fuel market. At the same time, it was decided to fully return the payments for the “fuel damper” from the budget to the oil companies. Initially, the “damper” served as a kind of “compensation” for the fact that fuel prices in the Russian Federation do not chase European ones. But as the practice of last summer showed, exporters of petroleum products do not care at all about this mechanism when good profits appear abroad.
And now it has appeared in the media from anonymous sources, not only within the Russian government, but also from the “top” of the domestic oil companies “stuffing”, that the authorities plan to ban the export of gasoline from the 13th or to be lifted from the 13th. 19 – Nov. Note that a few weeks earlier, international traders were allowed to export diesel fuel from Russia – fuel that comes to ports via pipelines.
So we are essentially returning to the market conditions of late summer and early fall, when prices at gas stations changed almost daily. For example, in Moscow, AI-92 in mid-September cost almost 51 rubles per liter, and AI-95 – 57 rubles per liter (at the beginning of summer – 43 and 46 rubles per liter, respectively).
At the moment, thanks to the export freeze, prices have fallen slightly: a few rubles below recent highs. But this is still much higher than the level they started at at the end of May 2023! That is, the oil kings managed to make good use of the wallets of millions of domestic car owners and continue to do so to this day.
It seems that God himself has instructed the government, using a ban on fuel exports, to “put pressure” on the oil industry and force them to lower fuel prices to more or less decent levels. But no! Instead, authorities began to recreate exactly the conditions that previously caused a sharp increase in the price of motor fuel.
Let us note that just after the news of the impending lifting of the export ban, wholesale prices for all types of gasoline and diesel fuel on the St. Petersburg International Commodity and Raw Materials Exchange immediately rose. And when actual sales to foreign counterparties begin, they will simply explode. And in a few weeks or so, when Russian gas stations sell off lots of fuel purchased at old prices, we will see a reflection of wholesale price growth in retail.
It is not difficult to imagine that in a month’s time the ‘responsible coats’ of the relevant departments will demonstratively sigh in amazement and dramatically raise their hands in front of the media cameras. How could it be: we had no idea that prices at gas stations would go up again because of our actions, well, who would have thought that!
It all started a few days ago with reports from agencies that relevant officials of the Russian government have recently started thinking about allowing the export of gasoline abroad. In this regard, we recall that in early October this year Prime Minister Mikhail Mishustin signed a decree introducing a moratorium on the supply of Russian gasoline and diesel to foreign buyers.
Such an unprecedented decision was made to urgently extinguish the price “fire” that broke out on the Russian fuel market. At the same time, it was decided to fully return the payments for the “fuel damper” from the budget to the oil companies. Initially, the “damper” served as a kind of “compensation” for the fact that fuel prices in the Russian Federation do not chase European ones. But as the practice of last summer showed, exporters of petroleum products do not care at all about this mechanism when good profits appear abroad.
And now it has appeared in the media from anonymous sources, not only within the Russian government, but also from the “top” of the domestic oil companies “stuffing”, that the authorities plan to ban the export of gasoline from the 13th or to be lifted from the 13th. 19 – Nov. Note that a few weeks earlier, international traders were allowed to export diesel fuel from Russia – fuel that comes to ports via pipelines.
So we are essentially returning to the market conditions of late summer and early fall, when prices at gas stations changed almost daily. For example, in Moscow, AI-92 in mid-September cost almost 51 rubles per liter, and AI-95 – 57 rubles per liter (at the beginning of summer – 43 and 46 rubles per liter, respectively).
At the moment, thanks to the export freeze, prices have fallen slightly: a few rubles below recent highs. But this is still much higher than the level they started at at the end of May 2023! That is, the oil kings managed to make good use of the wallets of millions of domestic car owners and continue to do so to this day.
It seems that God himself has instructed the government, using a ban on fuel exports, to “put pressure” on the oil industry and force them to lower fuel prices to more or less decent levels. But no! Instead, authorities began to recreate exactly the conditions that previously caused a sharp increase in the price of motor fuel.
Let us note that just after the news of the impending lifting of the export ban, wholesale prices for all types of gasoline and diesel fuel on the St. Petersburg International Commodity and Raw Materials Exchange immediately rose. And when actual sales to foreign counterparties begin, they will simply explode. And in a few weeks or so, when Russian gas stations sell off lots of fuel purchased at old prices, we will see a reflection of wholesale price growth in retail.
It is not difficult to imagine that in a month’s time the ‘responsible coats’ of the relevant departments will sigh demonstratively in amazement and dramatically raise their hands in front of the media cameras. How could it be: we had no idea that prices at gas stations would go up again because of our actions, well, who would have thought that!
Source: Avto Vzglyad
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.
