cheaper petrol should be due now - $us parity , page-9

  1. 29,310 Posts.
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    "Simple answer: because around 85% of what we pay at the bowser is tax."

    And thus its not in our Govt's interest to see the fuel price low.....they lose $$$.
    Funny, I distinctly remember the cost of fuel as an election issue during the Kevin 007 election.....
    Also, the oil prices on which bowser prices are based are determined by oil futures trading, not directly due to supply and demand....
    We are being screwed, guys, and no condom is being used.....

    GZ
 
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