Alfred Stern: "the Omv Could Sell Fuel by 80 Cents per Litre
7 Articles
7 Articles
Alfred Stern: Lack of the world market drives prices. Tax reduction is the only solution.
The war in Iran also makes fuel prices go crazy in Austria: petrol and diesel are no longer as expensive as for a long time. OMV boss Alfred Stern countered the allegations that the company would enrich itself with the crisis in the "Ö1" midday journal. In addition, he presented a pragmatic proposal on how to deal with a fuel shortage. With the beginning of the Iran conflict, fuel prices have exploded in this country. Diesel costs more than 1.90…
OMV boss Alfred Stern warns of a serious lack of fuel in Europe. First petrol stations in the country were already on the dry side. He calls the call of politics for a fuel price cap "Yemmerlich". The biggest profiteer of the high prices is the state itself. If tanks are to become cheaper quickly, taxes must be removed.
The reduction in the global supply of crude oil, caused by the blockade of the Strait of Ormuz, is causing not only an increase in fuel prices in Europe, but also an increasing risk of scarcity, warned the chief of the largest Austrian company in the OMV sector, Alfred Stern.
Given high fuel prices, OMV CEO Alfred Stern identifies a global shortage as the driving force. Speaking on the Ö1 radio program "Journal zu Gast" on Saturday, the CEO emphasized that lower prices at the pumps are currently only achievable through a tax cut. Stern rejected government intervention in the market, arguing that such measures would jeopardize domestic energy security.
The OMV head Alfred Stern clearly criticizes domestic politics. He considers little of the planned limitation for fuel price increases to three days and warns against distortion effects. Above all, however, he rejects the allegation that the OMV would earn itself with the high fuel prices a profitable körberlgeld. "The körberlgeld takes the state, he played the ball fully back to politics in the Ö1 interview on Saturday.
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