THE SGHEME

WorldWatch reports that some world rconomies may have already reached the bottom, however there are others that may only now have reached the bottom, such a economy is that of Portugal has one of the worlds most expensive consumer prices for oil (crude) more than 80% of the economy is dependent of the crude inports.

Every excuss is used and practiced to increase petrol prices, we have this weeks example, were prices have increased by more than five cents in just one week., were the Galp CEO openly states that the consumer price will in future be inflated, one day later the economy minister states the same, the more expensive the energy becomes , the more revenue the corrupt govenment has.
Investors grappled with the prospect that global growth will slow more than originally feared, cutting demand for gasoline crude products.

Oil prices have plunged from a record $147.27 in mid-July 2008. However this decrease in crude prices does not affect one of Europe’s oldest economies...Portugal...were prices continue to be one of the highest in the world...Oil consumption in Portugal last year dropped more than 14% and all tendencies indicate that it will continue!!! This week consumer prices have once more increased by more than five cents in just one week !!! this dishonest attitude is lead by the so called national oil company Galp Energia...there is no reason for the increase except greed, the Portuguese Government is also involved in this apparent corruption scheme as the more the companies charge the more taxes the government obtains... This scheme is called "Robin Hood Tax" the more you charge the more Tax I (government) have... As is also tradition one company increases all others follow behind , the prices are also certainly combined between all involved... This arrogant attitude by the oil companies and government will not be forgotten as will shortly enter a period of elections for a new government, the population will certainly have the opportunity to elect a new government that will work for the people and not for the oil industry.