European Parliament Socialist Group fonds - European University ...

1. In Bcco~dBnce with the ~ouncil'. ~ecommendation of rObruary ~975 that
B consume~ prices policy be sat up baeed on competition and trana.
parency of coste and prices of hydrocarbons, ond
in accordance with the Commission directive of May 1976 fixing the
prices of the moin oil product. in the M8rnbe~ Stote. and aleo p~ovidinq
for the publication .incs July 1979 of s weekly 'Oil Bulletin', it is
necessary :
(a)
to develop the instruments of • storage policy, including machinery
for providing information on the movement of stocks between the
EEC, the Member State. and the oil companis8~
(b) to exercise strictor control over developments Cn the spot morkst.
in oil, including transoetions involving both crude oil and oil
products:
(cl to develop a code of conduct laying down the rules. measurss and
procedures for reducing price increasss on the spot markets in
the event of speculation.
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2. To establish new forme of cooperation with the third countries, based
on the development of industrial relations as a whols and not merely
financial relations.
3. To all~ the economies of t~e Member Statee enough time to adapt to
the now energy situation.
In conclusion
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The introduction of a new oil tax on COlMlUnity oil imports would
solve the problem of Euro-I\rab rei.time nor promote the Community's
objective of transparency vis-a-vis the spot morKets.
not
an improvement in the operation and reg~lation of
On the other hand,
:"I'IarketB appeal"s to be the sa fest SOlution,
the Rotterdam and Genoa spot
hydrocarbons and as regards the need to mainboth
as reiards the price of
tain refining capacity.
Gisele charzat
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PE!GS!20!SO