In Argentinathe lack of Dollars is increasingly complicating the economic situation that, since the arrival of Sergio Massa to the Ministry of Economy, it got worse. So much so that in the midst of a tense electoral climate, the oil companies warn that there is a lack of fuelsthey imported, and that the situation may not improve for a few weeks.
The president of the Interior Gasoline Retailers Federation, Alberto Boz, estimated that the fuel shortage It can be extended for several more weeks and detailed: «The crucial point is that there are no dollars to import what we need, which is basically super gasoline and grade 2 diesel.«, reported the leader in this regard.
«There is no quick solution to this. The issue is that the dollars to import appear. The national government is involved but there are no magic solutions. And in the middle there are elections. That’s why I think that until December 10 we will be experiencing these stock breaks“Boz said in statements shared by the NA news agency.
The businessman explained that “it is not being possible to import as quickly as necessary due to the lack of dollars. Consequently, service stations of all flags establish quotas for sales, depending on the supply they receive. “It’s day to day,” he added. In addition, he reported that the country imports between 12% and 15% of the super gasoline consumed by the domestic market and between 15% and 22% of grade 2 diesel.
«Local production is not enough to cover demand, which is increased by agriculture and transportation. Although all the distilleries of all the oil companies are preparing Vaca Muerta crude oil, it still needs to be imported,” he admitted. It should be remembered that the liter price of super gasoline is at its lowest value in the last 10 years. The national average costs 86 cents ($300) at the official exchange rate. While accumulated inflation until October is around 120%, fuel prices increased only 60%.
In many areas of the Federal Capital, service stations are not selling or there is a limit on liters per user. The same happens in the interior of the country. In different provinces, there are stations that decided to suspend sales, while others sell in dribs and drabs, with quotas or by previously reserving the liters to be loaded.
