As http://so-buracos.blogspot.com informed last week, the price of petrol for the motorist in Portugal this week has once more increased...The price per litre has passed the 1,40 Euro for the first time in 18 months, Portugal continues to have one of the highest consumer price for petrol in the world ...
The companies involved in this squeme are, Galp 1,409 euro, Cepsa 1,409 euro, BP 1,419 euro, Repsol 1,414 euro, these prices are for regular 95 Octane.
95 Octane. (per litre)
Galp 1,409
Cepsa 1,409
BP 1,419
Repsol 1,414
DIESEL (per litre)
Galp 1,144
Cepsa 1,147
BP 1,155
Repsol 1,154
A year ago to fill a normal 50 litre car tank we paid 57,85 euros, today the same tank will cost 70,95 euros...
These prices will shortly start a cascade of higher prices in all consumer goods,services and retail prices, according to WorldWatch Portugal faces the risk of becoming bogged down in a even worse economical situatioon than that of Greece.
These petrol consumer prices are equivalent to when crude was at a record of $147 per barril...
Besides the directly involved companies the government is also to blame for the inflated prices, the revenue in Tax obtained is huge and according to local newspapers corruption is a main topic for most politicians and government company CEO.
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