Will the government reactivate CPN? The Minister of Energy comments

Today marks a week since the abolition of the “Lower Fuel Prices” (CPN) package. The solution introduced at the end of March was intended to protect consumers against the effects of the fuel crisis related to the war in the Middle East. The attack by the United States and Israel on Iran on February 28 resulted in an increase in global crude oil prices, as well as in the prices of finished fuels, which translated into retail prices of these products at gas stations, including in Poland.

As part of the package, the VAT rate on fuel dropped from 23 to 8 percent, and excise duty was reduced by 29 groszy for a liter of gasoline and 28 groszy for diesel oil, i.e. to the lowest level allowed by the European Union. An important element of CPN was also the introduction of price limits at gas stations. Every day, the Ministry of Energy published maximum rates for diesel fuel, as well as Pb95 and Pb98 unleaded gasoline.

Immediately after the package was abolished, fuel prices at stations increased significantly. The popular “95” price increased by over 80 groszy, approaching PLN 7/l.

Minister of Energy on the reactivation of CPN

Is it possible to reactivate CPN? This was the question the Minister of Energy, Miłosz Motyka, heard today on RMF FM. – If there is a radical escalation (of the situation in the Middle East – ed.), we will consider protective measures. Today, fortunately, we should all be happy that the market is relatively calm – said the Minister of Energy in “RMF FM’s Morning Talk”.

Referring to the opinions of experts who predict that fuel prices will break the barrier of PLN 7/l, Motyka pointed out that a dozen or so days ago, rapid declines in prices at gas stations were expected. – Something that characterizes the market is that it changes very quickly – emphasized the head of the Ministry of Energy, adding that analysts do not rule out a drop in fuel prices in the near future.