A delivery stop would hit us much harder than Germany, for example, especially since the alternative options for Austria are more limited (no nuclear power, no active coal-fired power plants). In this case, the think tank Agenda Austria is even assuming a clear economic downturn, a recession.
Also because Austria’s products would be relatively more expensive and other regions would benefit from the fact that Austria would then have to import oil or gas from somewhere else – at higher prices than those.
Driver “extended”
Measured against income, the high fuel prices were significantly higher. The think tank announced that this is particularly true if one considers that consumption has fallen due to new drive technologies. Compared to income, fuel prices are not yet at the 2012 level, according to a calculation by Agenda Austria.
Nevertheless, “motorists don’t have much leeway, they are pretty much at the mercy of the gas pump prices,” said expert Marcell Göttert. In the OÖN interview, he stated that the competition for fuels in Austria works by and large, but at the same time referred to cartel agreements in the past.
Source: Nachrichten
