Maximum fuel prices on All Saints' Day. It will be cheaper

The Minister of Energy announced the latest announcement regarding maximum fuel prices. On the weekend and Monday, a liter of 95 petrol will cost no more than PLN 6.48, 98 petrol - PLN 7.32, and diesel - PLN 8.15.

Today, a liter of 95 petrol costs no more than PLN 6.51, 98 petrol - PLN 7.36, and diesel - PLN 8.19.

The announcement on maximum fuel prices is one of the elements of the next, third edition of the Lower Fuel Prices (CPN) package, which is intended to limit the increase in fuel prices at stations and provide relief for drivers when refueling. As part of the new regulations, maximum fuel prices have been introduced, and exceeding them may result in a fine of up to PLN 1 million.

The mechanism was launched after the entry into force of part of the Act on tax on extraordinary profits of fuel companies. The President signed the act, but at the same time referred it to the Constitutional Tribunal for post-control.

The new regulations allow for a temporary reduction in excise duty and VAT on liquid fuels. The financing of the program is to come from a new tax imposed on fuel companies achieving above-average profits.

The support package is to be valid until the end of this year and its cost is estimated at approximately PLN 5 billion.

The first version of CPN was introduced at the end of March in response to the increase in oil prices related to the conflict between the United States and Israel with Iran. It included temporary reductions in VAT and excise duty and the introduction of a maximum price announced by the Minister of Energy. The second version of the program was in force in August, but without the excise tax reduction.