Trajtenberg voices support for supervising natural gas prices

Governmental supervision of natural gas prices is necessary to ensuring that the benefits of the resource reach members of the public, renowned economist Prof. Manuel Trajtenberg told environmental activists earlier this week.

“It cannot be that a natural resource that belongs to the State of Israel will not be supervised,” Trajtenberg said at a social-budgetary seminar at Tel Aviv University on Sunday.

The Labor party candidate was responding to a question posed by Omry Balely, who heads the Tel Aviv University cohort of Green Course, the nationwide student environmental movement. The supervision of gas prices has become an increasingly burning issue, since Antitrust Commissioner David Gilo last month that he would be reexamining whether the ownership of the Delek Group and Noble Energy in the Leviathan gas reservoir qualifies as a cartel – as the companies are the major shareholders of both Leviathan and its smaller neighbor, Tamar.

Source: http://www.jpost.com/Israel-News/Trajtenberg-voices-support-for-supervising-natural-gas-prices-388639

Leave a Reply

Your email address will not be published. Required fields are marked *