Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain Petrol Prices : I Don't Like Mondays

Source: El Pais - Sun 10th Mar 2013
Spain Petrol Prices : I Don't Like Mondays

The National Energy Commission is to investigate gas station operators in Spain after observing that some companies have been lowering their fuel prices on Mondays, and then raising them in time for the peak demand time at weekends.

The CNE suspects that the ruse has been adopted to massage the reported cost of fuel in the country in the European Union's Petroleum Bulletin. The figures in the report are collated from price checks taken at gas stations across the country on Mondays.

The CNE's investigation found that on more than 70% of Mondays during 2012 the price of fuel fell in relation to the day before, only to be raised again on Tuesday.

Earlier last week Spain's Corporacion de Reservas Estrategicas de Productos Petroliferos (CORES) reported how diesel consumption fell 5.5% in January compared with the same month of 2012.

The demand for fuel declined to 1.6 million metric tons last month, according to preliminary data posted today on the government agency's website. Gasoline use decreased 9.6% to 348,000 tons, the data showed.

Comment on this Story

 
But why ?
Robster - Mon, 11th Mar 2013

Related Partners

Recommended Items

Related Articles

Related Blogs

 
Use the hair extensions pretty curling styling spray to evenly spray on the hair wigs part that wants to highlight the hair extensions uk curl, then use the curling iron to start at the horizontal line behind the ear, and the human hair extensions uk single layer is rolled, and the handsome yet playful hairstyle is born.