Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-04-22-Speech-3-201"
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"en.20090422.49.3-201"2
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"We voted for this report because we believe it is important to maintain minimum stocks of crude oil and/or petroleum products. The maintenance of minimum stocks is an issue of extreme economic and social importance for each country, including for its security. As a result, any kind of speculation involving these stocks must be prohibited, contrary to what has been happening. Their ownership and administration must be in public hands, in order to protect the interests of EU Member States.
However, we do not agree with the powers that this proposal for a directive gives to the European Commission, particularly the possibility for Commission departments to carry out ‘checks on emergency stocks and dedicated stocks’ in Member States. Countries must create stocks of these products, but the administration of these stocks and the definition of their minimum or maximum levels is a sovereign matter. We also disagree with any attempt to use the creation of these stocks as yet another justification, albeit mitigated, for a policy of interference, as might be inferred from the creation of ‘a favourable climate of investment for the purpose of prospecting for, and tapping into, oil reserves inside and outside the European Union’."@en1
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