Overview
- The Public Services Committee approved a majority opinion to move the bill forward, with further debate in the Legislation and Budget committees next week and a possible floor vote in roughly two weeks.
- The proposal requires fuel sellers to notify authorities of any price change at least 72 hours in advance and to post notices at pumps and online 48 hours before implementation, covering gasoline, diesel and CNG.
- Noncompliance would carry fines equivalent to 5,000–150,000 liters of nafta súper, estimated at about $7 million–$215 million pesos at current prices.
- The initiative follows YPF’s shift to micropricing and its decision to stop publicly announcing increases after a national rule mandating notices was repealed earlier this year.
- FECRA, CECHA, CADE and the Buenos Aires industrial chamber (UIPBA) formally opposed the bill, warning of demand surges and potential shortages like in 2023, conflicts with dynamic pricing, and reduced competitive pressure.