“When you look at the oil price, you can see it has spiked since OPEC decided this week to basically cut production by another million barrels,” Mr Greenwood told Sky News Australia.
“Stubbornly the price of petrol has not fallen in Australia … when the price of oil had previously been coming down, so it only really puts more pain on the motorist and therefore more pain potentially on inflation. ”
They never came down to the correct level in the 1st place