Saturday, May 28, 2011

Germans attack BP, Shell for over-charging for petrol...

Five big oil companies, including BP and Shell, are in trouble with the German regulator for over-charging drivers at petrol stations.

The German cartel regulator accused BP, ExxonMobil, Shell, ConocoPhillips and Total of running an "oligopoly" with a stranglehold on 65pc of the market.

The findings, which were vigorously denied by the oil companies, could not come at a more sensitive time for motorists and fuel retailers.

 Petrol has become a contentious issue for households across Europe as prices at the pump have risen in line with the soaring oil price above $120 per barrel. More...

Don't miss:
  1. Shell bosses boast of kicking out more staff...
  2. Rising oil prices? Shell makes US$8bn profit in just one quarter!!!
  3. Iran blames West for 'artificially' raising oil prices
  4. Cars to be powered by ... whiskey? 
  5. Can alcohol replace petrol as fuel? If so, why don't we know about it?
  6. Oil executives laugh all the way to the bank...
  7. Gas price mistake;people flock to pump: owner happy that people were happy! 

No comments:

Post a Comment