Q8 Joins Fuel Price Cap in Italy
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Q8 is a fuel company in Italy. It sells petrol and diesel.
Now Q8 has a new price cap on fuel. A price cap is a top limit on price. The company will not sell fuel above this price.
Q8 gives a discount on diesel. A discount means a lower price. This discount is only until October 5.
After October 5, the government will use mobile excise duties. This is a tax that can go up or down. It depends on oil prices.
Diesel at motorway stations still costs 2.383 euros per litre. A motorway is a big road for fast driving.
Other companies, Eni and Ip, also give discounts on fuel. But their discounts are different from the government's plan.
People want to know how these different discounts work together.
Vocabulary15 words
- price cap
- a top limit on price
- discount
- a lower price than before
- mobile excise duties
- a tax that can change up or down
- motorway
- a big fast road
- fuel
- petrol or diesel for cars
- diesel
- a type of fuel for some cars
- litre
- a unit for measuring liquid
- government
- the people who run a country
- company
- a business that sells things
- tax
- money people pay to the government
- oil
- a liquid used to make fuel
- price
- how much something costs
- sell
- to give something for money
- plan
- an idea for what to do
- limit
- the most or least allowed
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Quiz
Answer key
1. A price cap on fuel 2. October 5 3. 2.383 euros per litre
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Q8 is a fuel company in _____. It sells petrol and diesel.
Now Q8 has a new _____ on fuel. A price cap is a top limit on price.
Q8 gives a _____ on diesel. A discount means a lower price.
This discount is only until _____.
After October 5, the government will use mobile _____ duties.
Diesel at _____ stations still costs 2.383 euros per litre.
Other companies, Eni and _____, also give discounts on fuel.
People want to know how these different _____ work together.
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