Tag Archives | gasoline

Is The Government Indirectly Imposing A New Tax on Gas?

gas price

Following the huge decrease in gasoline prices during the last year, there has been a lot of talk about the possibility for he government to fix the price at 22,000L.L per 20 liters or introduce a new tax of 5,000L.L to increase the revenue, but it was claimed a couple of months ago that the cabinet is not going to approve such thing and we all got relieved.

However, it seems like the tax is going to be gradually imposed one way or another. Over the past 3 weeks, the price of gasoline has increased by 1,700L.L even though the price of crude oil decreased from $41.5 to $38.3 over the same period.

What’s also worse is that the media is not reaching out to the ministry of energy to inquire about these increases, but you really can’t blame them when Ahlam and Adel Karam are keeping them busy with their nonsense…!

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Where are the gasoline prices going?

The gasoline prices have been significantly increasing over the past few weeks, and have reached today 35,600L.L and 36,200L.L for 95-octane  and 98-octane respectively.

I wonder why all politicians are silent about the matter now while a year ago Gebran Bassil and Raya El-Hassan were “competing” to cut the flaming prices by 5,000L.L!

Anyway, I hope we’re not heading towards paying 40,000L.L/20 liters anytime soon!

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