Of course, the Federal government will not ever consider a "Royal Commission" in Price Fixing on Petrol, let alone on the price gouging in Supermarkets.
Jay&Dee
Our fuel companies are guilty of price gouging and price fixing. ( In my view)
If ever there was a need for a senate enquiry or even a Royal Commission this is it.
But we know that that will never happen due to the Millions if not Billions of $$$ that the Treasury gain on this product.
But the most scariest part of all is the number of days of fuel supply we have in our country.
Only needs one International disaster and we will be ''up the creek with no paddle" as the saying goes.
But without fuel and or power we are going nowhere.
Jay&Dee.
Our fuel companies are guilty of price gouging and price fixing. ( In my view) If ever there was a need for a senate enquiry or even a Royal Commission this is it. But we know that that will never happen due to the Millions if not Billions of $$$ that the Treasury gain on this product. But the most scariest part of all is the number of days of fuel supply we have in our country. Only needs one International disaster and we will be ''up the creek with no paddle" as the saying goes.
But without fuel and or power we are going nowhere. Jay&Dee.
Your view could convoluted by media opinion and BS.
So let pose a question to you or anyone else who wants to answer ! what level markup should a servo owner apply to the wholesale price of fuel ?
Do not confuse the answer by the daily per barrel price quoted by the media.
Hi Gundog
I quote "Your view could convoluted by media opinion and BS.
So let's pose a question to you or anyone else who wants to answer! what level of markup should a servo owner apply to the wholesale price of fuel?
Do not confuse the answer with the daily per-barrel price quoted by the media."
If markup is of concern, then why do they reduce the price by up to 40 cents in the down cycle of the pricing range?
Plus if the BS stands for Bull SH&T then I must say that I very rarely if ever ( or perhaps I should say NEVER use Bull SH&T in my posts.
Again my view.
Anyway, Merry Xmas to you and yours, and may 2024 be all you want it to be.
My post is not really about current fuel prices its more about price cycling and gouging in general. One example is I shop at Woolies and buy cartons of Coca Cola No Sugar usually every few weeks and I have noticed the following cycle. For 2 weeks the price of a 30 carton will be $26 and a 24 carton will be $33 at the end of the 2 weeks it will change over. The price of a 30 carton will go to $44 and the price of a 24 carton will drop down to $22. When a carton of 30 is on the shelf at $44 are they gouging an extra $18 or when its at $26 are they selling it for a loss ? I doubt they are selling it for a loss because Aldi manage to sell cartons of 30 every day for $26. You might suggest buying 2 cartons of 24 for $44 and you will get 18 extra cans, the problem is that when its at the lower price they tend to run out quickly and there are people (not me) who just grab whatever is available on the shelf. A bit like servos the price might be 10c/ltr cheaper in another suburb but rather than driving there and getting in a queue I pay whatever the price is at the local BP (my wife will go and line up)..
We found when we crossed the Nullabor back in August the price of diesel at the Nullabor Roadhouse was at least 30c/ltr dearer than the roadhouses on either side of it. The transport cost for fuel should be the same for all of them the only thing I could think off is that the Nulabor Roadhouse is a pretty popular stop for tourists and they probably sell more fuel maybe they had a recent load delivered at a higher price who knows ? I did read a sign on the wall in their restroom that said "before you complain about our prices consider that we have to pay to generate our own power and to transport all of our water".