oil falls below 70 us dollar

  1. 1,050 Posts.
    Our petrol price was above $1.50 for more than six months when oil hit US$140 a barrel. But for the last three weeks until now, our petrol price still above $1.45. What is going on. They said RBA (CNBC news) is going to cut for another 200 points after today's meeting with China? Good news for our mum and dad but not good enough for our motorist and hard working class, very bad for transportation industries... Why the government give money to the banks (they are still the richest
    group) but do nothing about the petrol?
 
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