By Javier Lassalle
High oil prices and public policy attempts to mitigate the effects of the rise put the fuel sector under the spotlight. Although the policy measures (such as the stabilization fund or the subsidy to Petropar) sought a temporary solution, in this article I would like to analyze a structural distortion that keeps fuel prices high, generates profit for private entities by about USD 80 million per year and leads to a disproportionate number of service stations in the country.