[Peakoil] ACCC urged to monitor ethanol prices

[Antony Barry]

ACCC urged to monitor ethanol prices

The Federal Government has asked the Australian Competition and  
Consumer Commission (ACCC) to start monitoring the price of ethanol  
blended fuel.

The Deputy Prime Minister Mark Vaile made the announcement at a  
Nationals state conference in Brisbane this morning.

Mr Vaile says fuel companies are not passing on the production  
subsidies in ethanol fuels, a saving of about four cents a litre.

He says at a time when fuel prices are hurting all Australians every  
opportunity should be taken to help consumers.

"The ACCC through price monitoring can apply the greatest pressure  
possible to the distribution system by identifying to consumers what  
is going on," he said.

"If consumers start voting with their feet and they go and buy their  
product from distributors that are passing on the saving then other  
companies will soon get the message."

 From http://www.abc.net.au/news/newsitems/200607/s1693922.htm


phone : 02 6241 7659 | mailto:me at Tony-Barry.emu.id.au
mobile: 04 1242 0397 | mailto:tony.barry at alianet.alia.org.au
http://tony-barry.emu.id.au