Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-24-Speech-3-304"

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"en.20080924.32.3-304"2
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". We recently saw an unprecedented rise in fuel prices. This mainly resulted from speculation engaged in by companies which have made very high profits from the speculative valuation of oil stocks purchased at lower prices. This scandalous rise in prices has worsened the living conditions of the general population, particularly the economically weaker sections of society, and has had a devastating impact on economic activity in various sectors, such as transport and other services, industry, agriculture and fisheries. However, despite a significant fall in the price of crude oil, in some countries high prices are being maintained and the victims are the consumers. This should prompt the creation of a tax, by each Member State, imposed solely on extraordinary and speculative profits in order to bring these into the State coffers, which can then help to support the sectors and people most affected by the situation. However, the main changes should be structural, with a halt to the liberalisation of the energy sector, bearing in mind that this is a strategic sector for development. As a result, this should be nationalised in order to guarantee public policies that serve national interests and the population as a whole."@en1

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