Hey guys, don't really post on this forum much, but i've been on here for about 3 years, and a member for over a year.
Anyways, as for the petrol prices issue. A member of my family is quite high up in the coporate chain for ExxonMobil, and i can assure you its not profiteering or any other collusion issues going on with the oil companies and may have been stipulated before. OPEC and the countries (mainly middle east) associated with it, are the controlling factors in the price of crude oil, currently hovering around US $40 per barrel. Now factor into this the running cost of an oil refinery, and the cost of refining the petrol, of which fuels like Synergy 8000 and Optimax/BP ultimate are quite high as they are hard to produce, and the oil company makes somewhere around 1 or 2 cents per litre actual profit.
As said before, if petrol prices are to be lower, the supply in the middle east has to be assured, and the price of crude come down, or other supplies tapped, but may i bring to your attention the government's 44c a litre fuel excise, put on every litre of fuel sold in australia. Get rid of some of that, and fuel can be made relatively cheap
not trying to get on anyone's nerves here, but just hope to bring some facts to people's attenion :headspin:
Cheers
Robbo