Pacheco criticizes fuel prices and claims the “social function” of Petrobras

Rodrigo Pacheco (PSD-MG), President of the Senate.| Photo: Marcos Brandão/Federal Senate Agency

Senate President Rodrigo Pacheco (PSD-MG) criticized this Monday (14) the rise in fuel prices in the country. Pacheco said Petrobras must be part of the effort to reduce this impact and stressed the “social function” of the public company. “Petrobras today has about three times the profitability of its competitors, billions in dividends. Obviously it’s very good that this is happening, but it cannot be at the expense of the Brazilian population who provide their vehicles or who needs public transport”, declared the parliamentarian during a meeting with the business sector, in Belo Horizonte.

When asked if the solution to the fuel price policy in the country involved changing the command of the company, Pacheco replied that this was up to the executive, but that he believed in the rectitude of the general. Joaquim Silva and Luna. “I am absolutely convinced of the rectitude of the general who chairs Petrobras, and what we expect from this council is that he has the social sensitivity of a company that has public participation and which must fulfill its social function” , did he declare.

Pacheco also pointed out that the Senate has been looking for alternative measures to reduce the price of fuel, such as the two projects approved by the House last week (PLP 11/2020 and PL 1 472/2021). According to him, even Brazilian diplomacy should be used to seek solutions “not only for this issue of fuel prices, but for Brazil’s economic growth, which requires and needs international investment”, he added. .

Last year, the public company recorded a record net profit of 106.6 billion reais. As a result of the results, the company will distribute $37.3 billion to shareholders – including Union – in the form of dividends. Thursday (10), Petrobras announced a 25% increase in the price of gasoline and diesel and 16.06% of liquefied petroleum gas (LPG), after international summits. Regarding the possibility of activating the “War Budget” with the worsening of the situation, Pacheco said that, for the moment, the measure “is not on the table to be negotiated”. With information from the Senate Agency.

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