Ahn Cheol-soo Criticizes Lee Jae-myung’s Proposed Gas Price System
People Power Party lawmaker Ahn Cheol-soo has voiced concerns regarding President Lee Jae-myung’s proposed “maximum gas price system,” arguing it unfairly burdens citizens who do not even use gasoline. The criticism comes as the government plans to implement the system in response to rising international oil prices.
Concerns Over Burdening Non-Gasoline Users
Ahn Cheol-soo stated on Facebook that while policy intervention is necessary to address monopolies and market disturbances, the maximum price system is an “unfair prescription.” He argued that the system would pass costs onto citizens, including those who do not own cars or use gasoline, to compensate for the profits of oil companies and gas stations. MK Korea reported on this criticism on March 10, 2026.
According to Ahn, the current Petroleum Business Act allows for losses incurred by gas stations under the maximum price system to be supported by national finances, effectively making all taxpayers bear the cost. He specifically highlighted the burden on individuals who commute via public transportation, stating they would be “subsidizing the fuel costs of oil refineries, gas companies, and some consumers, even though they do not use a drop of oil.”
Government Response to Rising Oil Prices
The government’s plan to implement the maximum oil price system comes as international oil prices have exceeded $100 per barrel following geopolitical tensions. The average price of gasoline in Seoul reached 1,949 won per liter as of March 9, 2026, a significant increase of 11% compared to the finish of the previous month. Diesel prices also saw a substantial rise, increasing by over 18% during the same period. The Chosun Ilbo reported on the situation in September 2025.
In addition to the maximum price system, the government is considering further fuel tax cuts and direct consumer support measures to mitigate the impact of rising oil prices on the public.
Political Context
The criticism from Ahn Cheol-soo is part of a broader trend of opposition from the People Power Party towards Lee Jae-myung. In April 2025, candidates from the People Power Party united in their criticism of Lee Jae-myung during the party’s primary debate, declaring their determination to stop him in the upcoming presidential race. Asia Today covered this event.
Ahn Cheol-soo has also previously criticized Lee Jae-myung over a proposed investment plan in the United States, questioning the feasibility of securing a $7 trillion investment. The Chosun Ilbo reported on this in September 2025.