Following last week’s Supreme Court ruling, the Macri administration instructed gas distributing companies today to backpedal on the gas increases that had been applied to private residences. Here’s how they work:On the one hand, those who paid bills with price increases between May and August will have what they paid deducted from their future bills until the gas companies settle their debt. Many who have been excluded from the Supreme Court’s ruling have filed injunctions to have their increases suspended as well. Families or private residences who were granted access the so-called “social tariff” will continue to be benefited by it. Following last week’s Supreme Court ruling suspending gas bill increases for private residences, the Macri administration called for a public hearing to, once again, present its proposal to raise gas prices.

Source: The Bubble August 25, 2016 14:37 UTC