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Current law caused an augment in gaseous state, says economist
SAN JUAN (AP) _ The law unifies the value in the sale of gasoline in Puerto anti-racketeering law has injury consumers, said on Friday the economist John Roman.
Roman, hired by the merchant companies of gasoline, said a study he name that the so-called Single Zone Act increased be of gasoline.
The Single Zone impartiality was the original purpose of preventing the supra pricing systems affect economic development zone of Puerto Rico and consumers, Roman said in a Senate public hearing.
The Senate charge on Consumer Affairs and Federal held the public hearing to consume a resolution of Senator Orlando Parga, who rules of ordered an investigation on the capital punishment of the Single Zone Act and its impact on the prices consumers recompense for gasoline .
Roman said that the analysis throughout this study, found on changes in gross profit margin retail sector showed that the effect was contrary to the original law.
The result was an increase in core prices of gasoline, resulting from increases in profit margins in this sector, he said.
But questions of Senator Juan Eugenio Hernandez Mayoral, Roman admitted that he discussed the previous system of gasoline sales by area, and compare it with their study on the Law of SEPA.




Without that data we can not know what was the effect on the consumer from one system to another, or if the area has resulted Single or not adverse to the consumer, said the senator, according to a statement.
in front entering into force the Single Zone Law, allowed gas companies to stag their products at different prices in different areas, so if a gallon was 65 cents in a facility, could be 70 cents in another even if the same company.

Gasoline reached in this new year the highest price in history and about analysts believe that, near the summer, a gallon would be just about $ 5 in the United States.
The average cost for a gallon of gasoline on Monday was $ 3.39, according to motorist company AAA. This means about...If you want to get a full essay, order it on our website: Orderessay



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