Why are Australian petrol prices so high ?
Posted by Big Gav in australia, oil price
I noticed an interesting little campaign on Facebook recently, which noted the strangely high level of Australian petrol prices compared to the last spike, given the much stronger Australian dollar and relatively subdued oil price.
Petrol is $1.45 a litre yet the Aussie Dollar is at $1.05 US and Oil Is $99 a barrel, yet last time we paid this much the Aussie dollar was around 70 US cents and oil was $145 a barrel, we should be paying about 90 cents a litre for petrol. we are being ripped off - copy and paste this on your face book page as the oil companies will realise with numbers we are on to them. Wheres the ACCC?