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	<title>
	Comments on: Labour&#8217;s hedging deal backfires, leaving Malta with Europe&#8217;s most expensive petrol and diesel	</title>
	<atom:link href="https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/feed/" rel="self" type="application/rss+xml" />
	<link>https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/</link>
	<description>Daphne Caruana Galizia is a journalist working in Malta.</description>
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	<item>
		<title>
		By: Ghost		</title>
		<link>https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-3013986</link>

		<dc:creator><![CDATA[Ghost]]></dc:creator>
		<pubDate>Sun, 01 Feb 2015 01:56:59 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=53777#comment-3013986</guid>

					<description><![CDATA[Brace yourselves, a raise in an invisible tax is coming! (heq min x&#039;imkien irrid igibom il-4c hux)

Pajjiz tal-Mickey Mouse umbad tara xi erbghat ic-cwiec jghidulu grazzi tali rahhas 4c BISS! -.-]]></description>
			<content:encoded><![CDATA[<p>Brace yourselves, a raise in an invisible tax is coming! (heq min x&#8217;imkien irrid igibom il-4c hux)</p>
<p>Pajjiz tal-Mickey Mouse umbad tara xi erbghat ic-cwiec jghidulu grazzi tali rahhas 4c BISS! -.-</p>
]]></content:encoded>
		
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		<title>
		By: Pier Pless		</title>
		<link>https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2672255</link>

		<dc:creator><![CDATA[Pier Pless]]></dc:creator>
		<pubDate>Mon, 10 Nov 2014 09:52:59 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=53777#comment-2672255</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2669543&quot;&gt;haruf tal-but&lt;/a&gt;.

..... self-centred, unethical, immoral, amoral, inconsistent, opportunist, disrespectful of the law ......]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2669543">haruf tal-but</a>.</p>
<p>&#8230;.. self-centred, unethical, immoral, amoral, inconsistent, opportunist, disrespectful of the law &#8230;&#8230;</p>
]]></content:encoded>
		
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		<title>
		By: observer		</title>
		<link>https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2671099</link>

		<dc:creator><![CDATA[observer]]></dc:creator>
		<pubDate>Mon, 10 Nov 2014 05:18:54 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=53777#comment-2671099</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2669543&quot;&gt;haruf tal-but&lt;/a&gt;.

What a rich language English is! So many adjectives to describe one single farce staged by a single director.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2669543">haruf tal-but</a>.</p>
<p>What a rich language English is! So many adjectives to describe one single farce staged by a single director.</p>
]]></content:encoded>
		
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		<title>
		By: Gaetano Pace		</title>
		<link>https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2669858</link>

		<dc:creator><![CDATA[Gaetano Pace]]></dc:creator>
		<pubDate>Sun, 09 Nov 2014 22:56:14 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=53777#comment-2669858</guid>

					<description><![CDATA[Why didn&#039;t Joe jump onto a rostrum this time round to announce the international fall in price? One possibility is that his rostums got axed and chopped for firewood, considering the high price of fuel in Malta.

]]></description>
			<content:encoded><![CDATA[<p>Why didn&#8217;t Joe jump onto a rostrum this time round to announce the international fall in price? One possibility is that his rostums got axed and chopped for firewood, considering the high price of fuel in Malta.</p>
]]></content:encoded>
		
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		<title>
		By: Duminku		</title>
		<link>https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2669706</link>

		<dc:creator><![CDATA[Duminku]]></dc:creator>
		<pubDate>Sun, 09 Nov 2014 22:09:21 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=53777#comment-2669706</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2669543&quot;&gt;haruf tal-but&lt;/a&gt;.

Qtajtli niefsi mma ghandek ragun biex tbieh Haruf.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2669543">haruf tal-but</a>.</p>
<p>Qtajtli niefsi mma ghandek ragun biex tbieh Haruf.</p>
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		<title>
		By: haruf tal-but		</title>
		<link>https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2669543</link>

		<dc:creator><![CDATA[haruf tal-but]]></dc:creator>
		<pubDate>Sun, 09 Nov 2014 21:25:31 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=53777#comment-2669543</guid>

					<description><![CDATA[This government is inept, unskilful, unskilled, inexpert, amateurish, unprofessional, lacking ability, bungling, blundering, clumsy, unproficient, inadequate, sub-standard, inferior, ineffective, arrogant, deficient, inefficient, ineffectual, no good, not good enough, wanting, lacking, leaving much to be desired, unprincipled, dishonest, unscrupulous, very greedy, selfish, lame, nasty, negative, hostile .... , totally farcical and pretty much 
doomed.]]></description>
			<content:encoded><![CDATA[<p>This government is inept, unskilful, unskilled, inexpert, amateurish, unprofessional, lacking ability, bungling, blundering, clumsy, unproficient, inadequate, sub-standard, inferior, ineffective, arrogant, deficient, inefficient, ineffectual, no good, not good enough, wanting, lacking, leaving much to be desired, unprincipled, dishonest, unscrupulous, very greedy, selfish, lame, nasty, negative, hostile &#8230;. , totally farcical and pretty much<br />
doomed.</p>
]]></content:encoded>
		
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		<title>
		By: manum		</title>
		<link>https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2669538</link>

		<dc:creator><![CDATA[manum]]></dc:creator>
		<pubDate>Sun, 09 Nov 2014 21:23:27 +0000</pubDate>
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					<description><![CDATA[Don&#039;t worry guys, issa jigi l-bagit, u jrahhas it-ton taz-zejt 1 cent u jaghmel sorpriza.]]></description>
			<content:encoded><![CDATA[<p>Don&#8217;t worry guys, issa jigi l-bagit, u jrahhas it-ton taz-zejt 1 cent u jaghmel sorpriza.</p>
]]></content:encoded>
		
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		<title>
		By: bob-a-job		</title>
		<link>https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2669464</link>

		<dc:creator><![CDATA[bob-a-job]]></dc:creator>
		<pubDate>Sun, 09 Nov 2014 21:00:44 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=53777#comment-2669464</guid>

					<description><![CDATA[Look at the bright side of having the highest prices for petrol and diesel.

One can save more per hour of not using one&#039;s car then citizens of the other EU countries.

Malta Enerġija Pożittiva]]></description>
			<content:encoded><![CDATA[<p>Look at the bright side of having the highest prices for petrol and diesel.</p>
<p>One can save more per hour of not using one&#8217;s car then citizens of the other EU countries.</p>
<p>Malta Enerġija Pożittiva</p>
]]></content:encoded>
		
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		<title>
		By: ciccio		</title>
		<link>https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2669360</link>

		<dc:creator><![CDATA[ciccio]]></dc:creator>
		<pubDate>Sun, 09 Nov 2014 20:29:53 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=53777#comment-2669360</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2668856&quot;&gt;C.G&lt;/a&gt;.

Ah, Libya, the failed state.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2668856">C.G</a>.</p>
<p>Ah, Libya, the failed state.</p>
]]></content:encoded>
		
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		<title>
		By: ciccio		</title>
		<link>https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2669358</link>

		<dc:creator><![CDATA[ciccio]]></dc:creator>
		<pubDate>Sun, 09 Nov 2014 20:28:39 +0000</pubDate>
		<guid isPermaLink="false">http://daphnecaruanagalizia.com/?p=53777#comment-2669358</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2668812&quot;&gt;Pinu Primus&lt;/a&gt;.

I am not convinced about the hedging contracts either.

Was there any reference to hedging in the article below? No.

http://www.timesofmalta.com/articles/view/20140430/local/update-3-pm-announces-cuts-in-petrol-gas-prices-fuel-prices-locked-till-december.517057

If I remember well, at the time, the prime minister had said that &quot;after months of negotiations and hard work,&quot; his government had secured favourable prices.  

I am not so sure that there is a hedging contract.  I think there is only a fixed price contract.  No idea with whom, though.  And covering what period - when does it expire?

I think some questioning in Parliament is necessary.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://daphnecaruanagalizia.com/2014/11/labours-hedging-deal-backfires-leaving-malta-with-europes-most-expensive-petrol-and-diesel/#comment-2668812">Pinu Primus</a>.</p>
<p>I am not convinced about the hedging contracts either.</p>
<p>Was there any reference to hedging in the article below? No.</p>
<p><a href="http://www.timesofmalta.com/articles/view/20140430/local/update-3-pm-announces-cuts-in-petrol-gas-prices-fuel-prices-locked-till-december.517057" rel="nofollow ugc">http://www.timesofmalta.com/articles/view/20140430/local/update-3-pm-announces-cuts-in-petrol-gas-prices-fuel-prices-locked-till-december.517057</a></p>
<p>If I remember well, at the time, the prime minister had said that &#8220;after months of negotiations and hard work,&#8221; his government had secured favourable prices.  </p>
<p>I am not so sure that there is a hedging contract.  I think there is only a fixed price contract.  No idea with whom, though.  And covering what period &#8211; when does it expire?</p>
<p>I think some questioning in Parliament is necessary.</p>
]]></content:encoded>
		
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