20/07/2011
GREEK TRAGEDY
As WorldWatch forecast on previous posts the crude price is speculative, both by petrol companies and less honest governments as is the case with Portugal were once more final consumer prices at the pump have become more expensive over the last week and according to the same agency next week the same companies will once more inflate consumer prices.
The companies involved in this scam are,Galp, Cepsa, BP e Repsol, last week alone these same companies increased final consumer price three days in a row, now this week they have once more increased consumer final prices at the pump by...
Galp increased regular 95 Octane by 7, 5 cents per litre; consumer price is now a staggering 1,619 euros per litre.
Cepsa increased regular 95 Octane by 7, 5 cent per litre; consumer price is now a staggering 1,619 euros per litre.
BP increased regular 95 Octane by 8 cent per litre; consumer price is now a staggering 1,629 euros per litre.
Repsol increased regular 95 Octane by 8 cent per litre; consumer price is now a staggering 1,619 euros per litre.
These companies all practice the same final price with no explanation given to the public as to why...
As mentioned in previous WorldWatch reports the recession will continue as long as these companies and governments continue to use lame excuses to inflate final consumer prices.
Demand in Portugal will fall by 18% as the country struggles to pay foreing debt.
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