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Dery differences
22nd February 1990, Page 8
22nd February 1990
Page 8
Page 8, 22nd February 1990
— Dery differences
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Keywords :
Commodities Market, Anti-competitive Behaviour, Pricing, Monopoly, Price Fixing, Price Of Petroleum, Gasoline And Diesel Usage And Pricing, Petroleum, Business / Finance
MI Latest Government figures confirm that British hauliers are paying more for diesel than almost anyone else in the EC. Last October British hauliers paid around 37.33pilit for Derv, compared with 14.38p/lit in Greece; 23.42p/lit in Luxemburg; and 28.62pi1it in the Netherlands. Hauliers in Ireland fare worst: in October 1989 Irish operators were paying 49.85p/lit, while the Danes and Italians were paying just over 40p/ lit. Energy minister Peter Morrison says that taxes account for 22.16p/Iit of that UK total of 37.33p/lit. 1E1 Britain's oil industry has been cleared of price fixing by the Monopolies and Mergers Commission. An MMC report concluded that fuel prices are governed mainly by the price of crude oil.
Tags
Organisations:
MI Latest Government, Monopolies and Mergers Commission
People:
Peter Morrison
Locations:
Luxemburg