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EXTERNAL SITUATIONS AND INTERNAL DECISIONS
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February 2023
Four essential variables will always influence the price of fuel:
• The cost of crude oil
• The cost of refining
• The cost of distribution (wholesale and retail)
• The sales taxes
Each country has its policies, and depending on them, the price fluctuates. According to “Global Petrol Prices,” Latin America has a wide range. For example, in Venezuela, the cost per liter does not reach 50 cents; in Uruguay, the cost per liter is above two dollars; and in Colombia, the suspension of subsidies generates monthly price increases.
These changes, plus the decisions made by government institutions on the price of fuel, the fluctuations in the market, and the developments in production, are external elements over which businesses have no control. These situations challenge business executives’ skills, creativity, and intelligence to make the best decisions in a volatile environment.
Despite the uncertainty, external changes, and difficulties, business executives always can use technologies that facilitate savings in their fuel operations. This is why Control IMS permanently seeks to be part of the alternative executives can count on, with products and services that promote savings to the bottom line.
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Our team of professionals will help you solve complex problems with automation technologies that will guarantee the reliability, efficiency, and safety of your operation.
CONTACT INFORMATION
Office: 6950 Bryan Dairy Rd Seminole, FL 33777
Phone: (+1) 727 371 2800/01
Email: sales@controlims.com
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