Sunday, April 1, 2012

The mighty power of the oil companies

The Günther Jauch Show this evening discussed the petrol/diesel industry in Germany.

The majority on the panel believe that the five major oil companies operate a clever and sophisticated cartel in Germany.
It is fascinating how the individual oil company decided the price of the litre on a daily basis German-wide.

The Federal Government collects €40 billion annually from tax on fuel. It earn 92 cent on every litre.

What chance has little Ireland to say the slightest word to the oil companies?

No comments:

Featured Post

Comment on recent statements made by Mr Michael Kelly

This blog began in June 2007. Like everything in life it has changed over the years, maybe even grown up and today looks at reality through ...