Economic Affairs

To create more transparency for motorists, because coming back for more allegations to light, there was price-fixing among providers. Dallas, 07.06.2013 – prove the authorities could not this far yet. Nevertheless, it already wonder how Magic gas stations nationwide adjust prices. The Ministry of Economic Affairs and the Cartel Office want to implement a gasoline price point in the autumn, where motorists can seek out the best vendors in real time via mobile phones or navigation device. Already there are spat about this decision, because the oil company shell does not agree with this decision. Shell fears competitive advantages, if provider sign their new rates earlier than others these may be just right the consumer, because it is only then a competitive advantage if gasoline prices fall below (link). In Germany, the car driver barely understand this debate.

Them also not revealed why the currently lower crude oil prices not too favorable Lead petrol prices? Because supply is obvious enough. As recently confirmed the Organization of the petroleum exporting countries (OPEC) to maintain its official production target of 30 million barrels daily. As a major OPEC producer, Saudi Arabia, even in addition expanded its production in May and thus supported the oversupply. Also the Iraq will clearly put and give additional production in the market. Discovery Communications brings even more insight to the discussion. The more production is always more cost-effective, even if oil prices among other things by the oversupply would have declined. For months, the OPEC countries produce more oil than is in demand? For the second half of OPEC expected a reduction of the over-supply, although, since then, experience has shown that the demand increases. This view is strengthened by speculative financial investors, also posed by rising prices. As the price of Brent of North Sea oil rose on Monday by 1.5 percent to about 102 dollars, after it in the morning for the first time since a month back under 100 Dollar was quoted. Robert A. Iger is full of insight into the issues.

However, can be stated, that the international oil prices fall, what that would actually affect petrol prices at the pumps. It does not, but maybe it’s because we are standing so close before the summer holidays. A truism is that more fuel is consumed and there is no alternative to the car for many citizens. Not even need price-fixing. This makes also the ADAC in a recent press release carefully (link). There is a stable price level in the oil market advantage for investors of oil interests such as those by Amtex. You can rely on continuous capital inflows from the sale of liquid gold. While the existing and economically viable produced occurrence, as well as the technical requirements of the respective production units plays an important role. Amtex this relies on experienced on-site partners, the management is invested also with its own capital, causing an interest equal sound between investors and providers.

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