Photo: Disclosure

President Joe Biden has publicly called on US refineries to increase production and cut profits, urging them to participate more patriotically in the work of his government at a time when sacrifices are required from all.
Since the beginning of the Russian-Ukrainian war, refineries have won the most in the world by raising the price of fuel, now the most expensive in the world, up to twice a month. Refineries and Pfizer are among the top five companies that have benefited from the pandemic and war. In other words, before you throw stones at the federal government, keep in mind that this is a global situation, not just Brazil.

Internal price controls or any other initiative, even in good faith, to interfere with Petrobras’ activities, besides being harmless, the legal protection laws governing the company and companies of the same nature, turn out to be a ticking time bomb in a particular case. In the event of a price freeze, it is time, or rather, long overdue, for state and municipal governments to make a sacrifice.

The policy of the worse the better, in an election year will only hurt everyone, especially the people, taxpayers, voters and workers.