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government expects to fuel price regulation better orientation and more competition

Higher fuel prices due to increase in fuel tax for the year

On 1 January 2011 enters the modernized gas price regulation Department of Commerce in force. Instead of just the start of operation of the gas stations the gas prices may now only increase clock at twelve noon. In f he following 24 hours, they may only reduce it. "Brings with the amended regulation, we want to stimulate competition and create more transparency in order to guarantee the consumer the best possible market behavior. The uniform Umstellzeitpunkt better guidance for drivers and a level playing field for gas station operators," says Mitterlehner. The

now surfaced allegations that the increase in fuel tax would be passed on to consumers in advance is unsubstantiated. The tax liability arises when the delivery truck, the boundary of the oil depot Lobau (Schwechat) leaves, and not when a motorist fills up. As the New Year's Day is a holiday and is therefore suitable for trucks from driving, it can at 1.1. be no fuel price increases due to the increase of fuel. In the last increase has also taken up to 14 days, until the increase was entirely contained in the prices.

The Austrian fuel prices are on average already lower than in all the EU's neighboring countries and Switzerland. At this price advantage is even after the oil tax increase, little change: Based on current price comparisons would be the gas prices next year only minimally cheaper than in Slovenia, the diesel prices are also still in Slovakia (Source: OTS).

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