How and when the price of gasoline falls

The decline will not be seen this Monday, but during the week gasoline should return to below two euros per liter thanks to reduction of 25 cents in taxes applied on fuels. This could happen as early as Tuesday. In the following days the other rules of the decree law should be implemented with which the government aims to limit the problems related to the increase in the prices of raw materials and energy.

Among these the sterilization of energy increases for families under the Isee 12 thousand euros until the end of the year (more than 5 million households) and the installments for companies in difficulty. Also expected 10% levy on the extra-profits of energy companies. Overall, the measures are worth € 4.4 billion and have been criticized by various quarters.

For consumers, the size of excise duties for 25 cents per liter is not sufficient: the amount is considered insufficient and the intervention is time, only until the end of April. The reaction of Assopetroli and Assoenergia is opposite because they speak of a very strong devaluation for the fuels already stored. For Confindustria, the cut is not structural and the payment in installments of bills for businesses is not immediately applicable. Furthermore, the levy on extra-profits would not be constitutional, while the unions find it too low. For the industrial a national gas price ceiling would have been better. However, this issue will be discussed at the European level.

Under the new rules they can be granted up to 200 euros in petrol vouchers tax free for 2022. Companies can give them to their employees. It works like other corporate benefits. Companies can pay bill payments and the tax credit extension in installments for 24 months to at least partially offset the increases.