(2012). Price Convergence and Information Efficiency in German Natural Gas Markets, EWI Working Paper 05/12, Institute of Energy Economics, University of Cologne, March, Germany.Growitsch, C., Stronzik, M., and Nepal, R. (2013). Price Convergence and Information Efficiency in German Natural ...
Instead of the price convergence, between 2008 and 2012, a price divergence was seen, which was fully driven by two countries, Germany (up to 27% more expensive than the average) and Greece (up to 32% cheaper than the average). All other countries had stable prices and centered around th...
When oil prices rise,net importersof oil pay the price. Net importers are countries that import more oil than they export. An increase in oil prices is more costly for countries producing little oil relative to what they consume, including Japan, China, Germany, India, and South Korea.123 I...
Of course the stations technically set the price, but they have very little room to move. But I don't think they use FIFO system of pricing (for example the gas they bought last week is sold using today's prices not the price they paid last week, I would suspect... but I'm just...
The opposition Finns party and the Finnish motorist association Autoliitto have demanded that the government reduce the fuel oil tax. Such a measure has already been introduced in Germany. However, leading Finnish economists have cautioned against state tampering with fuel prices. Saara Kurronen, an...
A view of Nord Stream 2 gas receiving station in Lubmin, Mecklenburg-Vorpommern, Germany, February 23, 2022. /CFP Gas prices in Europe broke all records to reach about $3,900 per 1,000 cubic meters on Monday,Russia Todayreported.
of gas through the Group's transport network, composed of gas pipelines for the primary and secondary transport of gas to distribution points as owner of Spanish gas transport network; the regasification which refers to the unloading of gas where is it stored in cryogenic tanks; and the storage...
Leaks in the two gas pipelines running from Russia under the Baltic Sea to Germany are triggering concerns about a potential act of sabotage. Dr Ibrahim Kholilul Rohman, senior research associate at the Indonesia Financial Group Progress, says that leaks will see a price hike as wel...
Germany, meanwhile, has discounted monthly passes on public transportation in order to make that option more attractive. France, Italy, Germany, and Bulgaria (where the country's currency is pegged to the euro), have all dramatically reduced fuel taxes as a way to artificially reduce cost at ...
The European Union should be "very careful" about imposing a price cap on all gas imports entering the single market, Germany's Minister of State for Europe Anna Luhrmann warned as fears of a recession grow in Europe's largest economy as a result of soaring energy prices. ...