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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
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Barry_1
Champion Author Ontario

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Message Posted: Mar 7, 2013 8:59:49 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!!!
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gravityhurts
Champion Author North Carolina

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

Old story
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DrCashFlow
Champion Author Massachusetts

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Message Posted: Mar 7, 2013 3:50:30 AM

in-line. right.
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crreed1
Champion Author West Virginia

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Message Posted: Mar 7, 2013 12:24:19 AM

BS
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Zonk
Champion Author Michigan

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Message Posted: Mar 7, 2013 12:16:46 AM

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

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Message Posted: Mar 7, 2013 12:12:30 AM

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

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Message Posted: Mar 7, 2013 12:12:03 AM

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]
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obimerrill
Champion Author Cincinnati

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Message Posted: Mar 7, 2013 12:11:20 AM

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

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Message Posted: Mar 7, 2013 12:10:53 AM

George Soros needs the money.
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BALRSTATUS
Champion Author Grand Rapids

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Message Posted: Mar 7, 2013 12:09:49 AM

ok
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tedjm1
Champion Author New York

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Message Posted: Mar 7, 2013 12:08:04 AM

Profit......
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Glock26
Champion Author Dayton

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Message Posted: Mar 7, 2013 12:05:45 AM

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

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Message Posted: Mar 7, 2013 12:05:39 AM

On the rise again.
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SteelPenny
Champion Author Dallas

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Message Posted: Mar 7, 2013 12:05:36 AM

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

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Message Posted: Mar 7, 2013 12:03:45 AM

great
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pv2004
Champion Author Connecticut

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Message Posted: Mar 7, 2013 12:02:00 AM

20 cents
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wcp3rd
All-Star Author New Jersey

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Message Posted: Mar 7, 2013 12:00:01 AM

ok
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Holly123
Champion Author Charlotte

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Message Posted: Mar 6, 2013 11:59:06 PM

Ok
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Math6149
Champion Author Jacksonville

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Message Posted: Mar 6, 2013 11:56:08 PM

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

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Message Posted: Mar 6, 2013 11:55:46 PM

State run entities do what they are told.

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

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Message Posted: Mar 6, 2013 11:55:27 PM

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

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Message Posted: Mar 6, 2013 11:54:46 PM

not good
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brprven
Champion Author Dallas

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Message Posted: Mar 6, 2013 11:52:56 PM

great so that will raise prices
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DisMusBeDaPlaz
Champion Author Tampa

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Message Posted: Mar 6, 2013 11:51:28 PM

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

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Message Posted: Mar 6, 2013 11:49:15 PM

See what did I tell you!
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prassu2012
Champion Author Illinois

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Message Posted: Mar 6, 2013 11:48:02 PM

again hike
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tomok
Champion Author Portland

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Message Posted: Mar 6, 2013 11:47:10 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!
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southrob
Champion Author Tucson

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Message Posted: Mar 6, 2013 11:46:39 PM

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

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Message Posted: Mar 6, 2013 11:46:16 PM

Buy natural gas.
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txkrb
Champion Author Texas

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

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

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Message Posted: Mar 6, 2013 11:43:42 PM

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

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Message Posted: Mar 6, 2013 11:43:21 PM

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

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Message Posted: Mar 6, 2013 11:43:06 PM

Highway robbery
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mrbee
Champion Author Little Rock

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Message Posted: Mar 6, 2013 11:43:04 PM

Not good
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Is246
Champion Author Albuquerque

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Message Posted: Mar 6, 2013 11:42:02 PM

NOt fair.
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GigHarborHound
Champion Author Tacoma

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Message Posted: Mar 6, 2013 11:40:37 PM

Well of course!!
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HailstormCA
Champion Author San Diego

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Message Posted: Mar 6, 2013 11:36:17 PM

So?
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WIWalt
Champion Author Wisconsin

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Message Posted: Mar 6, 2013 11:34:39 PM

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

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Message Posted: Mar 6, 2013 11:33:29 PM

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

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Message Posted: Mar 6, 2013 11:30:44 PM

Here we go.
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dasimon
All-Star Author Florida

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Message Posted: Mar 6, 2013 11:27:17 PM

Up up up and away
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SavALot
Champion Author Virginia Beach

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Message Posted: Mar 6, 2013 11:23:12 PM

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

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Message Posted: Mar 6, 2013 11:22:54 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.
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snagged
Veteran Author Akron

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Message Posted: Mar 6, 2013 11:17:17 PM

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

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Message Posted: Mar 6, 2013 11:17:07 PM

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

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Message Posted: Mar 6, 2013 11:16:43 PM

Big Government being greedy.
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Gas4Gore
Champion Author Detroit

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Message Posted: Mar 6, 2013 11:16:18 PM

So do it.
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pgerassi
Champion Author Milwaukee

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Message Posted: Mar 6, 2013 11:16:00 PM

Typical.
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papakoca
All-Star Author Texas

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Message Posted: Mar 6, 2013 11:12:46 PM

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

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Message Posted: Mar 6, 2013 11:12:23 PM

I don't miss my old F250 Diesel right now.
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