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Petrobras Announces 5% Increase to Diesel Price Effective Wednesday

Dow Jones Newswires -- Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR) said Tuesday it will raise the price of its diesel fuel by 5%, starting Wednesday.

The price increase will be made at the refinery and doesn't include the various taxes applied to the fuel, the company said.

The increase was carried out as part of the company's policy of trying to bring prices in line with those of the international market, Petrobras said.


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Submitted Mar 06, 2013 By: RENEGADEGAS
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Petrobras Announces 5% Increase to Diesel Price Effective Wednesday Back to Topics
REPLIES (newest first) Post a Reply
Barry_1
Champion Author Ontario

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Points:3,891,395
Joined:Nov 2003
Message Posted: Mar 7, 2013 6:59:49 PM

This will effect every one, if you think it won't just because,
U' don't drive you would & are mistakin' you shop, you buy things,
your getin' pinched!!
the trucks that bring these good to the stores you shop at, will in turn pass on the 5% & then some to the stores, and then they, the Stores will
give us the same increase & a little bite more & we the shoppers get
SCREWED in the END again!!!
gravityhurts
Champion Author North Carolina

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Message Posted: Mar 7, 2013 5:12:38 AM

Old story
DrCashFlow
Champion Author Massachusetts

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Message Posted: Mar 7, 2013 1:50:30 AM

in-line. right.
crreed1
Champion Author West Virginia

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Message Posted: Mar 6, 2013 10:24:19 PM

BS
Zonk
Champion Author Michigan

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Joined:Oct 2005
Message Posted: Mar 6, 2013 10:16:46 PM

Any increase to truckers will be passed on to customers.
boatfloyd
Champion Author Jacksonville

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Message Posted: Mar 6, 2013 10:12:30 PM

Gas will go up 5% next.
txkrb
Champion Author Texas

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Joined:May 2011
Message Posted: Mar 6, 2013 10:12:03 PM

To mat6149: diesel does not cost less to refine than gasoline, they are products of the same process
Diesel costs more because supply and demand, you get half as much diesel from a barrel of oil as you do gasoline
and while gasoline demand has dropped significantly diesel demand has not dropped near as much
and its not a 20 cent increase pv2004 it is a 5% increase on the wholesale price prior to fuel taxes


[Edited by: txkrb at 3/7/2013 12:12:55 AM EST]
obimerrill
Champion Author Cincinnati

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Message Posted: Mar 6, 2013 10:11:20 PM

Ok...doesnt impact the US though
BobD2009
Champion Author Long Island

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Message Posted: Mar 6, 2013 10:10:53 PM

George Soros needs the money.
BALRSTATUS
Champion Author Grand Rapids

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Message Posted: Mar 6, 2013 10:09:49 PM

ok
tedjm1
Champion Author New York

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Message Posted: Mar 6, 2013 10:08:04 PM

Profit......
Glock26
Champion Author Dayton

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Message Posted: Mar 6, 2013 10:05:45 PM

Screwing over the truck drivers again!!!
Rageagainsttm
Champion Author Tampa

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Message Posted: Mar 6, 2013 10:05:39 PM

On the rise again.
SteelPenny
Champion Author Dallas

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Message Posted: Mar 6, 2013 10:05:36 PM

Go for the home run - raise it 100%.
JasTheAce
Champion Author Raleigh

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Message Posted: Mar 6, 2013 10:03:45 PM

great
pv2004
Champion Author Connecticut

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Message Posted: Mar 6, 2013 10:02:00 PM

20 cents
wcp3rd
All-Star Author New Jersey

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Message Posted: Mar 6, 2013 10:00:01 PM

ok
Holly123
Champion Author Charlotte

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Message Posted: Mar 6, 2013 9:59:06 PM

Ok
Math6149
Champion Author Jacksonville

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Message Posted: Mar 6, 2013 9:56:08 PM

Diesel should cost less than gas since it cost less to refine.
clermont40miles
Champion Author Cincinnati

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Message Posted: Mar 6, 2013 9:55:46 PM

State run entities do what they are told.

Coming to the USSA - state-run that is.
bvrbill
Champion Author Eugene

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Message Posted: Mar 6, 2013 9:55:27 PM

We're not importing Brazilian diesel, are we?
grt197
Champion Author Illinois

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Message Posted: Mar 6, 2013 9:54:46 PM

not good
brprven
Champion Author Dallas

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Message Posted: Mar 6, 2013 9:52:56 PM

great so that will raise prices
DisMusBeDaPlaz
Champion Author Tampa

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Message Posted: Mar 6, 2013 9:51:28 PM

Petrobras???
That does not sound right!!
CCLighthouse
Champion Author Hartford

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Message Posted: Mar 6, 2013 9:49:15 PM

See what did I tell you!
prassu2012
Champion Author Illinois

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Message Posted: Mar 6, 2013 9:48:02 PM

again hike
tomok
Champion Author Portland

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Message Posted: Mar 6, 2013 9:47:10 PM

Petrobras Announces 5% Increase to Diesel Price Effective Wednesday? Higher prices for diesel? Brazil can do what they want, no effect on US fuel prices. What about all that ethanol they produce from sugar cane?
Drive vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
southrob
Champion Author Tucson

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Message Posted: Mar 6, 2013 9:46:39 PM

nice... thanks non domestic drilling federal gov't
Topless2012
Champion Author Twin Cities

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Message Posted: Mar 6, 2013 9:46:16 PM

Buy natural gas.
txkrb
Champion Author Texas

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Message Posted: Mar 6, 2013 9:45:11 PM

There in Brazil not U.S.
happydaznVa
Champion Author Virginia Beach

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Message Posted: Mar 6, 2013 9:43:42 PM

Don't buy it, there are other stations that sell diesel
cwashi3324
Champion Author Cincinnati

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Message Posted: Mar 6, 2013 9:43:21 PM

And hitting us in the pcokets-again.
Ready Eddie
Champion Author Twin Cities

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Message Posted: Mar 6, 2013 9:43:06 PM

Highway robbery
mrbee
Champion Author Little Rock

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Message Posted: Mar 6, 2013 9:43:04 PM

Not good
Is246
Champion Author Albuquerque

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Message Posted: Mar 6, 2013 9:42:02 PM

NOt fair.
GigHarborHound
Champion Author Tacoma

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Message Posted: Mar 6, 2013 9:40:37 PM

Well of course!!
HailstormCA
Champion Author San Diego

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Message Posted: Mar 6, 2013 9:36:17 PM

So?
WIWalt
Champion Author Wisconsin

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Message Posted: Mar 6, 2013 9:34:39 PM

They are giving us a choice. PAY THE PRICE, ride a bike, or walk!
hank1326
Champion Author Los Angeles

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Message Posted: Mar 6, 2013 9:33:29 PM

Aweful for the economy and going to set everyone back.
ldiggy
Champion Author Wilmington

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Message Posted: Mar 6, 2013 9:30:44 PM

Here we go.
dasimon
All-Star Author Florida

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Message Posted: Mar 6, 2013 9:27:17 PM

Up up up and away
SavALot
Champion Author Virginia Beach

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Message Posted: Mar 6, 2013 9:23:12 PM

putting diesel buyers in a tough spot
chvytruk
All-Star Author Kentucky

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Joined:Sep 2006
Message Posted: Mar 6, 2013 9:22:54 PM

"Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR) said Tuesday it will raise the price of its diesel fuel by 5%, starting Wednesday."

No doubt a celebratory salute to the demise of Hugo the Horrible.
snagged
Veteran Author Akron

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Message Posted: Mar 6, 2013 9:17:17 PM

Raise there prices = they drive less. That means more oil for us?
ScottTee
Champion Author Detroit

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Message Posted: Mar 6, 2013 9:17:07 PM

Up, up and away in my beautiful balloon
DEG
Champion Author Las Vegas

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Message Posted: Mar 6, 2013 9:16:43 PM

Big Government being greedy.
Gas4Gore
Champion Author Detroit

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Message Posted: Mar 6, 2013 9:16:18 PM

So do it.
pgerassi
Champion Author Milwaukee

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Message Posted: Mar 6, 2013 9:16:00 PM

Typical.
papakoca
All-Star Author Texas

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Message Posted: Mar 6, 2013 9:12:46 PM

Wonder how long before the domino falls at this end?
CiVX
Champion Author Oakland

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Message Posted: Mar 6, 2013 9:12:23 PM

I don't miss my old F250 Diesel right now.
Trowinsamoan
Champion Author Los Angeles

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Message Posted: Mar 6, 2013 9:12:19 PM

We all knew that was coming
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