Treasury profit per gallon hits 10 dollars
The article discusses the rise in fuel prices in Lebanon and the impact of taxes and additional levies on them. It explains that the treasury's share from each liter of gasoline amounts to about $10. It clarifies that the government relies on these revenues to fund public sector and military expenses, and while it cannot control global oil prices, it has some room to influence the local components of the price. The report highlights the importance of building a strategic fuel stockpile and employing financial hedging tools, such as futures contracts, to absorb potential price shocks. It emphasizes the need to develop storage infrastructure and implement preventative policies before crises occur, in order to ensure market stability and protect consumers amid expectations of further price increases.
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