Government working on the plan to limit fuel price increases, and looking for resources so that the measures can be effective. At the center of the strategy are two pillars: anti-speculation controls and aid for motorists. The mobile excise duty mechanism – which allocates the increased VAT collected by the State to the reduction of excise duties when petrol and diesel prices rise – is a possibility “under study”, said Prime Minister Giorgia Meloni. The measure – perhaps a new law decree – is however not on the agenda of the Council of Ministers this afternoon.
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The crux is that the benefit of the mobile excise duty mechanism alone risks being limited to a few cents if it is not integrated with other funds: the simulations indicate a saving of 4.7 cents per liter on petrol and 7.5 cents on diesel, in the hypothesis of a price of Brent oil at 105 dollars per barrel. Hence the executive’s desire to find additional resources.
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Petrol and diesel, how the mobile excise duty mechanism works
The bill decree hypothesis
Among the possibilities there is also that of intervening on the law converting the bills decree, being examined by the Chamber, as also requested by an amendment by the League. Salvini’s party joins those who – from the Democratic Party to consumer associations – ask to activate the mobile excise duty mechanism. The Democrats also propose to extend the same system to gas.
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Dear petrol, Meloni: “We are evaluating the activation of the mobile excise mechanism”
The Gdf controls
The rise in prices led the Minister of Business, Adolfo Urso, to urgently convene the control room of the Rapid Alert Commission, which was also attended by representatives of the Ministries of Economy and the Environment. At the meeting, anomalous price increases for the pumps of two of the main oil companies emerged, with the average prices charged increasing more than the prices recommended by the reference companies. This dynamic will be the subject of targeted controls as part of the operational plan activated in recent days, in agreement between Mimit and Mef, by the Financial Police. The control room will meet again on Wednesday.
