HISTORICALLY, between 1986 and 1990, when the price of crude oil was averaging about where it is now ($35 to $40 per barrel), the average price of petrol (premium – there was no ‘cheap’ unleaded petrol then) ranged between 48c and 60c a litre.
This morning (December 15) it was over $1.40. The ‘cheap’ unleaded was $1.23. Someone is ripping us off. Where is the watchdog group (ACCC)?
ACCC said in the media there was a lot of price gouging – what are they doing about it?
And where is the RACQ?
Fin Forbes Cannonvale