On July 1st, at B1.ro, commenting on the reasons why in Romania prices are kept high much more than would be normal. What do we observe in our country? When it is expensive, the prices at the pump are very quickly correlated with the international quotations. When it's cheap, the transmission belt no longer works so well and the discounts are transferred much more slowly to the consumer. The argument of stocks (that prices are kept high because we are now consuming crude oil that was bought when the price was higher) can be credible, but only up to a point. If, year after year, we observe the same pattern (almost real-time price increases vs slow-down prices), we are dealing with a deliberate practice, in which case gas stations have to give explanations not only to the Government, but also to the Competition Council.
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