"First of all, we have to give ourselves a very clear answer as to what determines high fuel prices at the moment. High fuel prices are primarily due to a very sharp increase in crude oil prices. Crude oil prices may go down, too," he told reporters, when asked to comment on calls to reduce the excise tax on fuel.
"The situation is not easy. We do understand people's anxiety and concern. However, any irresponsible action leading to an intervention into the tax system would not be the best answer now," Kubilius said.
Amid soaring oil prices, the price of 95 gasoline, the most popular grade in the country, crossed the threshold of 5 litas (EUR 1.45) per liter in mid-March, but later fell back somewhat at some filling stations.
