Lebanese Struggle with Fuel Costs
The article reviews the challenges Lebanon faces regarding the prices and costs of fuel and electricity. The expenses for gasoline and diesel are divided among the cost of the fuel fill-up, transportation fares, private generator bills, and services linked to fuel consumption. Lebanese people are suffering from a continuous increase in transportation and electricity expenses, due to reliance on private generators that depend on fuel, which becomes more expensive as fuel prices rise. This situation increases the financial burden on households and businesses. The report clarifies that fuel prices are not directly affected by global oil prices; they also include shipping costs, taxes, and exchange rates, which slow down the reduction of local prices. Additionally, it highlights the urgent importance of activating the public oil facilities in Tripoli and Zahrani, as they could help improve supply management and reduce dependence on private imports, although their operation alone does not guarantee an immediate drop in prices.
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