These will be fuel prices on Thursday, May 21. There is a statement from the Minister of Energy
Pursuant to the CPN package in force in Poland since March, limiting increases in fuel prices at stations, The Ministry of Energy publishes price limits for gasoline and diesel fuel every day. Rates quoted are valid the next business day. Maximum prices for weekends are always announced on Fridays and are valid until Monday.
Prices at stations cannot be higher than the given limits – otherwise station operators face high penalties. Respect for the regulations resulting from the government CPN (Fuel Prices Lower) package is examined by the National Tax Administration.
See also: A good sign for the fuel market in Poland? Orlen lowered wholesale prices
Fuel prices on Thursday, May 21. This is how much we will pay at the stations
On Wednesday, the Minister of Energy announced the maximum rates for Thursday, May 21. According to his announcement, the following maximum prices will apply at stations in Poland on that day:
- 95 petrol cannot be more expensive than PLN 6.50 per liter,
- 98 petrol cannot be more expensive than PLN 7.06 per liter,
- diesel oil (ON) cannot be more expensive than PLN 6.97 per liter.
Maximum fuel prices are calculated based on a specific formula. It takes into account average wholesale prices, excise duty, fuel surcharge and VAT. The regulations guarantee station owners a fixed sales margin of PLN 30 per liter.
See also: Negative reactions to the US decision regarding Russia. “A gift for Putin”
The government CPN package introduced in March introduced new regulations on the fuel market in Poland. According to them excise duty is reduced by 29 gr per liter of petrol and 28 gr per liter of diesel oil, i.e. to the lowest level allowed by the European Union. The VAT rate for fuel is reduced from 23%. up to 8 percent Maximum prices set by the government also apply every day.
The CPN package was initially supposed to be valid until May 15, but was extended until the end of the month. The government will decide what happens next, taking into account the current situation on the oil market and in the Strait of Hormuz, the blockade of which hinders the supply of a key raw material.
