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Looking Beyond Gasoline Prices

Looking Beyond Gasoline Prices
Looking Beyond Gasoline Prices

So long as state-run automakers keep manufacturing low-quality vehicles, the people will be the main victims who have to face the economic burden stemming from the unprecedented rise in gasoline prices, a former head of the Iranian Fuel Conservation Company said.
“Increasing energy prices can help improve social welfare on the condition that the (hubristic) car industry focuses on fuel efficiency, or at the least public transportation is decent and efficient,” Nosratollah Seifi was quoted as saying by ILNA.
The National Iranian Oil Products Distribution Company (NIOPDC) announced Thursday midnight that private car owners can buy 60 liters of subsidized gasoline every month with a fuel card at 15,000 rials (13 cents) per liter. Additional purchases cost double.

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