may now from 12 clock fuel prices in Austria's gas stations, only to fall
Economy and Energy Minister Reinhold Mitterlehner has in the past week sent the new petrol price regulation under review . The focus of the modified regulation, the new scheme under which the price of fuel may be a day of gas stations in Austria increased only until 12:00 noon clock. After that the prices at the pump may only be revised downwards.
"We want to encourage competition and create more transparency in order to guarantee the consumer the best possible market behavior. The uniform Umstellzeitpunkt provides better guidance for motorists and a level playing field for the station operator, "said the Austrian Minister Reinhold Mitterlehner.
Until now, gas station operators set prices in principle for the first daily operations begin. During the day, prices may then indeed be reduced any time, but must not be increased. stations with 24-hour operation even lay down their fuel prices are currently at 0.00 clock and vending stations normally be made at 8:30.
The review period Regulation, "rules for gas station operators" will end on 17 December. The aim of the minister is yet to adopt the new regulation before the end of the year to ensure that the 31 December 2010 to replace the old temporary regulations. The new regulation is then up to 31 December 2013 apply.
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The major drivers associations in Austria, ÖAMTC and ARBO to signal its approval of the new regulation, however, wants the ÖAMTC that the prices are set as early as possible in order to find the former fuel tank or the previous day prices and the after-work tankers rather have the chance that prices develop effective throughout the day.
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