Fuel Price in Lebanon

[cedarheart]

On the long run, oil prices are going up, the 140$/barrel last year was just a sampler.
Prices might go down for while, but i'm talking Long Term, the trend is upward!


Even if we cancel all fees in Lebanon on car gas, the price at the pump is still going to go up, and up, and up.... we might bring it down to 15,000LL this year, but in few years it'll go back again to 30,000LL and above (with no tax).


I'm making the point that finding a solution to gas prices (aka benzine) doesn't necessarily pass by fighting the price of the 20L at the pump, this could be a help but it'll only be a band aid solution which won't last in the face of long term oil pricing.


The solution should look into several sides:

1- Purchase Power of the average salary, job opportunities, .... (when people make money, the prices won't feel as bad as they are now!)

2- Offering alternate solutions (good public transportation, low taxes and yearly fees on cars that consume less (Lebanese want to drive Range Rovers but don't want to pay for gas, this mentality should change), carpooling,...)

3- A national long term energy policy based on switching electricity production from oil to hydro, air, solar, natural gas,... and use the budget (millions and millions) that we pay each year to buy oil for power plants to subsidize car gas (we might even need half of the budget only)


The gains of such an integral energy policy won't only benefit consumers but our environment too!

[J. Abizeid]

Originally Posted by King Rami

i'm not an economics fan / expert or anything...

All i know is that the fuel gallon in lebanon should cost 12 000 L.L Maximum, why the hell it's x 3???

I agree with you as far as the fraud committed by jacking up gas prices as soon as they smell oil going up which is another scam by itself. And, when oil goes down, they are in no hurry to lower it at the gas pump.
My point might be a bit off the topic: What I’m trying to say, don’t expect gas prices to go down in the near future because the Masters of the world already know the new wave of world inflationary tsunami is on its way. In other words, your Lebanese corporate government will have plenty more excuses to double or triple the actual inflationary rate on the consumer intentionally and pain is on the way…..
Luckily it didn’t start during the cold winter season.
(I think I might start a new thread about World economics and its effect on Lebanon)

[roch10452]

How much is the price of petrol today in lebanon and how much of it is taxes?

[J. Abizeid]

Originally Posted by roch10452

How much is the price of petrol today in lebanon and how much of it is taxes?

That’s a good question because the government subsidizes gas prices if they have to, the same way they fix your road depending on the political circumstances.
I don’t see any justifications for such a thing today. From now on it will be quite the opposite. It’s the government’s turn to start taking your money back.

[roch10452]

Originally Posted by J. Abizeid

That’s a good question because the government subsidizes gas prices if they have to, the same way they fix your road depending on the political circumstances.
I don’t see any justifications for such a thing today. From now on it will be quite the opposite. It’s the government’s turn to start taking your money back.

that doesnt answer my question!!!!%#@

FOR HOW MUCH IS THE "TANKE"? :D

and how much of it are taxes? and which taxes are put on gaz?

[oscard]

Originally Posted by roch10452

How much is the price of petrol today in lebanon and how much of it is taxes?

do not get me wrong, but you remind me ziad el rehbani

jeye ekher el film, w 3am teskal meen el batal :D

cheers,

[J. Abizeid]

Originally Posted by roch10452

that doesnt answer my question!!!!%#@

FOR HOW MUCH IS THE "TANKE"? :D

and how much of it are taxes? and which taxes are put on gaz?

You’ll have to ask the guy at m7attet Abou Karim where Marshall Rida spends his quarters playing flippers.

[latinorange]

Originally Posted by roch10452

How much is the price of petrol today in lebanon and how much of it is taxes?

not sure in Lebanon, but taxes over petrol in Spain stand around 60% of the final price...so you can imagine...

[LebArmenian]

Originally Posted by roch10452

that doesnt answer my question!!!!%#@

FOR HOW MUCH IS THE "TANKE"? :D

and how much of it are taxes? and which taxes are put on gaz?

do the math ! geez

31200-12000= X

[roch10452]

Originally Posted by LebArmenian

do the math ! geez

31200-12000= X

Thank you
but i guess the number 31200 was all i asked for

so anyway that means 19000 taxes
which include TVA: 3000
what's the rest of the 16000 for?