Proceedings of the 11th International Applied Business and Engineering Conference, ABEC 2023, September 21st, 2023, Bengkalis, Riau, Indonesia

Research Article

Analysis of the Impact of Fuel Price Increase on the Highest Retail Price of 3 Kilogram Liquefied Petroleum Gas (LPG) in Bengkalis Regency

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  • @INPROCEEDINGS{10.4108/eai.21-9-2023.2343011,
        author={Indriyani  Puluhulawa and Larbiel  Hadi},
        title={Analysis of the Impact of Fuel Price Increase on the Highest Retail Price of 3 Kilogram Liquefied Petroleum Gas (LPG) in Bengkalis Regency},
        proceedings={Proceedings of the 11th International Applied Business and Engineering Conference, ABEC 2023, September 21st, 2023, Bengkalis, Riau, Indonesia},
        publisher={EAI},
        proceedings_a={ABEC},
        year={2024},
        month={2},
        keywords={hrp (highest retail price) liquified petroleum gas government subsidy},
        doi={10.4108/eai.21-9-2023.2343011}
    }
    
  • Indriyani Puluhulawa
    Larbiel Hadi
    Year: 2024
    Analysis of the Impact of Fuel Price Increase on the Highest Retail Price of 3 Kilogram Liquefied Petroleum Gas (LPG) in Bengkalis Regency
    ABEC
    EAI
    DOI: 10.4108/eai.21-9-2023.2343011
Indriyani Puluhulawa1,*, Larbiel Hadi1
  • 1: Politeknik Negeri Bengkalis
*Contact email: indriyani_p@polbeng.ac.id

Abstract

The Liquified Petroleum Gas (LPG) currently circulating in society includes variants like the 3 Kg, 12 Kg, and 50 Kg LPG cylinders. The 3 Kg LPG variant itself is subsidized by the Government through Pertamina as part of the initiative to convert kerosene into LPG gas. In 2015, the Bengkalis Regency Government issued a Decree of Regent No. 232/KPTS/V/2015 concerning the highest retail price (HRP) of 3 Kg LPG. The HRP was deemed not suitable for the current conditions, especially considering that the price of fuel (BBM), which is one of the determining factors for the distribution cost of 3 Kg LPG, has increased since 2022. This study employs descriptive data analysis based on the collected responses from field surveys involving the two main parties involved, namely Distributor Agents and Selling Stations. The goal is to determine the extent of the influence of BBM price increases on the HRP of 3 Kg LPG in Bengkalis Regency. The analysis results reveal a distribution cost increase ranging from 5.27% to 29.5%, and the ideal HRP for 3 Kg LPG in Bengkalis Regency is between Rp 5,800 and Rp 7,300.