WKÖ Expects further Rise in Energy Prices

People ♦ Published: January 20, 2011; 00:01 ♦ (Vindobona)

Due to the economic recovery, the Austrian Economic Chamber forsees further increases in oil prices. However, there also exists some saving potential.

WKÖ Expects further Rise in Energy Prices / Picture: © Vindobona.org

"Many indicators suggest that sharp price increases for almost all energy sources lie ahead in the near future ," warned the chairman for energy trade of the Austrian Economic Chamber (WKÖ), Jürgen Roth. The world economy is picking up strongly. Especially in Asia and Latin America there is…