Coles Busted Jacking Petrol Prices

[infamous_t]

Gov't doesn't care because it means more exise + GST = more revenue.

Im more concerned with the price of my friday night fuel going up 30%, and by that I mean premixed booze... guess I'll just buy bottles now.

[Cyclops]

No that is incorrect, the ACCC said:

"The ACCC says its snapshot study showed that Coles Express was the first to raise prices in Sydney, Melbourne, Brisbane and Adelaide yesterday."

That means that Shell could be doing the weekly price hike of 12-16c/L at say 1pm where as all the other brands are doing it at 2pm - it doesnt mean that Shell are selling at a higher price than other brands, they are just bumping the price BEFORE others.

It turns out that snapshot was for one day only, who's to say that Woolies didn't lead the day before or the day after.

But yes the petrol companies are ripping off the Australian public. I trade oil contracts so constantly monitor the price overseas and I think it's pretty common knowledge now that if the price of oil goes up overnight it also goes up here at the pumps the same day. But that oil won't reach here for a couple of months, so we are paying the maximum price at the pump for Oil that cost the company significantly less two months ago.

[wuked]

I have noticed my local BP has been 'closing' the Unleaded pumps on cheap Tuesday, forcing people to fill on Premium or Ultimate, but suddenly Wednesday (and without the fuel truck delivering more petrol) they have enough fuel in the storage tanks to re-open the unleaded pumps.

Fuel criminals like this are just scumbags!!!!

B.

I've noticed BP South Perth doing that A LOT.