Petrol crisis explained aggrieved oil workers

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Photo: Maxim Bogodvid / RIA Novosti

Prime Minister Dmitry Medvedev in his interview to Russian TV channels have linked the sharp rise in gasoline prices and fuel shortages in some regions of the country with oil companies, which, according to him, was offended due to the reduction of income against the background of rising oil prices.

“Due to the growth in prices our oil companies felt offended, they come and say, we don’t get in the domestic market as much as expected. And they promised it?” asked the Prime Minister.

He admitted that he is hopeful that the current measures taken to stabilize the fuel market in Russia will be enough and the government will not have to resort to protective tariffs, which would hit the oil. “We were forced, frankly, to put pressure on oil, and get them to sign the agreement. I believe we did the right thing. We’ll see what will happen next,” — said Medvedev.

He recalled that the government adopted a package of measures to freeze gasoline prices and promised that if the situation gets out of control, will be taken “unpopular among oil solutions”.

However, the head of the government recognizes that the oil industry is one of the most important, because it actually makes the Russian economy, but the stability of the Russian market, according to Medvedev, is more important.

The government has fixed gasoline prices at the end of the agreement with the oil workers in late November, the government sought to protect consumers from rising gasoline prices, however, the agreement was signed at the peak of oil prices in the end, according to the agreement, oilmen are entitled to lower gasoline prices even after a sharp fall in oil prices. In the end, the sale of gasoline in Russia became more profitable than export sales.

Video, photo All from Russia.

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