I feel safe and secure now
Submitted: Friday, Mar 30, 2007 at 11:10
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Truckster (Vic)
ACCC to watch
Easter fuel prices
March 30, 2007 - 10:49AM
Australia's consumer watchdog will monitor fuel prices this
Easter in a bid to curb the standard holiday weekend price hikes.
Treasurer Peter Costello said the Australian Competition and Consumer Commission (ACC) would be asked to vigorously monitor prices at the pump in the lead-up to
Easter.
"If they find any evidence of price fixing they are entitled to prosecute and they have successfully brought some prosecutions and achieved very large fines against those people that have been found to be price fixing," he told reporters.
Petrol prices traditionally rise ahead of holiday weekend such as
Easter time, to the fury of motorists
Reply By: longJohn - Friday, Mar 30, 2007 at 13:36
Friday, Mar 30, 2007 at 13:36
What ive noticed no one has pointed out yet, is that our fuel price here is tied to the price of singapore base fuel price, a comodity traded worldwide in stock exchanges. I dont know much more, but it is not tied directly to the crude oil price. Perfect example to show these bastards the proof of their conspiring acts towards us, is that 3 weeks ago, if you can get a chart of these two, you can see the that when the crude oil price went down 5 dollars, the singapore base fuel price went up! Thats when we had that jump of ten cents a litre on the tuesday of that week.
Why they get away with this? i have no idea!
The fuel companies have REALLY got thier bleep sorted out, they really know how to get us where it hurts.
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