steptoe wrote:And the fuel you bought last was likely bought at same wholesale as fuel the day before , just more profit.
Yep. I bet the crude oil that's the debate in the Libyan dictatorship issue will be a few weeks off from being at the bowser. Yet the prices instantly bump up at the pump. If the price of crude oil drops it will take a few weeks to see them at the bowser as "that oil will take sometime before its at the bowser to pass on the reduced price". Plus its a long weekend over here now so "naturally" the oil companies jack up the prices to unfairly cash in on motorists. I dare say we'll only see the price of fuel continue to rise until the week after easter.
Sad to say but the oil companies have motorists by the short and curlies.
A guy on USMB was complaining about spending $40 to fill his subi. Ruby Scoo when near empty costs about $70 to fill... Go figure!
Julian - that's the same for the rest of Australia, except possibly the NT and Qld where their fuel is subsidised from NSW and Vic. When the government de-regulated the fuel industry they started pricing fuel according to the Singapore fuel index - a market that the ACCC has about the same authority as it does over here on fuel prices, so either way we're screwed as the big companies can pretty much set what ever price they want over there and in true Aussie style we follow suit to our own detriment.
Bastards.
I remember being 10 when fuel prices were 50c a litre, gas was 8c a litre and mum and dad were complaining about getting bros and I a jerry can of fuel for the motorbike and paddock bomb!
Cheers
Bennie