On October 23, 2017, the day of the liberalization of the fuel market ordered by Mauricio Macri, the liter of YPF super gasoline in the city of Buenos Aires cost $ 21.71, with a dollar at $ 17.60 and a barrel of crude oil Brent au $ s57.59.
Almost two years later, after the freeze decreed by the President himself, the liter of super quotes $ 43.71 in most of the YPF Buenos Aires stations, with a wholesale exchange rate spawned in $ 46.69 -including the recent relaxation of 3.3% – and crude oil frozen in $ 59 (Brent closed Thursday at $ 59.87).
With these numbers on the table, the oil companies already estimate that the delay is between 10% and 15%, without applying pending taxes. But if the current wholesale dollar value of $ 56 is applied, the exchange rate delay reaches 18.7%.
The gasoline accumulated a rise of more than 130% from 2017 to the freezing of prices
In 2018, fuel prices suffered 14 updates and an average rise of 75.4% in super gasoline.
This year, until the freezing of August, the oil companies adjusted prices five times: the Premium accumulated a rise of 47.5%, the common gasoline 51.7%, Premium diesel (G3) 60.9% and the common (G2) 65.7%
The inflation of 2018 was 47.6%, according to INDEC. The official August number will be known on Thursday, September 12. So far this year, it is already located in 25.1%
If you add the increase of 4.4% from October to December 2017, since Juan José Aranguren announced the deregulation of fuels until Macri announced the intervention, gasoline prices grew 131.5% on average.
In that same period (22 months), the exchange rate climbed 230% until you reach $ 58.21 and Brent barely 1.47%. At that time the cost in pesos of a barrel of crude oil (retail exchange rate x Brent) rose from $ 1,015 to $ 3,485, a 243% plus. According to this calculation, which oil tankers use to know how much they pay in Argentina for crude oil, the price delay reaches 111%