Cars & Transportation

Fluctuating fuel prices and the Government

Cars & Transportation

Posted by: Nefertari

19th Jul 2018 01:27pm

My husband and I were out driving the other day and passed a petrol station where the price of petrol was $1.29...."that's not bad" I thought compared to what the price had been in the past few weeks. So you can imagine my astonishment when we drove back home a couple of hours later to find that the price had risen dramatically to $1.59 a litre! How can this sort of thing happen and what is the government doing about fluctuating fuel prices? Just when are they going to step in and tell the oil companies 'enough is enough'!

dicky a
  • 26th Sep 2018 10:57am

morning ...as the rest of us , you are victim of a "perfect storm". OPEC have - after 18 months - finally reached some sort of agreement that limits the amount of fuel it will process. Countries like Venezula cannot fill the supply breach, The Aussie dollar has slipped by about 10% against the USD ( contracts written in USD) . "Governments" can do nothing about it other than lower their excises ( FAT CHANCE ) so they are stuck ...and remember both sides of politics are in on this as are the states as well.


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