As crude prices continue around the $73 per barril it has become aparent that price fixing is one of the hotest topics in one of Europes oldest economies...PORTUGAL
The involved companies Galp, BP, Repsol and Cepsa practice inflated consumer prices for
petrol, actually PORTUGAL is the first country in Europe to now have low cost petrol...
Galp has opened the first low cost petrol station in Setubal, however they forgot to inform the public of the specification of the petrol, they have always pressured the public and other filling stations that sell cheaper petrol as being harmfull for the engines, but now they have adopted the same strategy low cost filling stations...with one exception, they continue
to have inflated prices.
Showing posts with label AC Investor. Show all posts
Showing posts with label AC Investor. Show all posts
11/09/2010
23/08/2010
EUROPE BAILOUT.
WorldWatch has confirmed that the final consumer price for petrol (gas) has
once more increased in one of Europes oldest economies but also one of the
most monopolized economies in Europe...Portugal.
The final consumer price continues inflated across the entire range ...
Galp 1,419€ per litre for regular 95 Octane.
BP 1,419€ per litre for regular 95 Octane.
Repsol 1,419€ per litre for regular 95 Octane.
Cepsa 1,419€ per litre for regular 95 Octane.
The price fixing is identical in 97% of the petrol stations nationwide,
these prices are combined, planned and executed, in the highways prices
are even more expensive reaching three cents more per litre above the
maximum nationwide.
No wonder the energy companies always manage to have record profit earnings
across the board, we have the example now with the BP's oil spill in the US
.
once more increased in one of Europes oldest economies but also one of the
most monopolized economies in Europe...Portugal.
The final consumer price continues inflated across the entire range ...
Galp 1,419€ per litre for regular 95 Octane.
BP 1,419€ per litre for regular 95 Octane.
Repsol 1,419€ per litre for regular 95 Octane.
Cepsa 1,419€ per litre for regular 95 Octane.
The price fixing is identical in 97% of the petrol stations nationwide,
these prices are combined, planned and executed, in the highways prices
are even more expensive reaching three cents more per litre above the
maximum nationwide.
No wonder the energy companies always manage to have record profit earnings
across the board, we have the example now with the BP's oil spill in the US
.
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