Petrol companies accused of price gouging | Sky News Australia

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Petrol companies have been accused of price gouging as prices on fuel remain high despite a plunge in global oil prices per barrel.

The NRMA said the gap between the wholesale and retail price was the largest on record.

Given current oil value, petrol should be sold at 100 cents but has been consistently sold on average for 140 cents a litre. Image: Getty

 

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Highway robbery at its worst. Oil companies guilty of the Great Australian Ripoff. West Texas crude is about $US24.50 a barrel so a fair price for petrol is 30 cents per litre not $1.35 etc

Liberal, ayes

Check out supermarkets for price gouging now !! Wow!!

Haven't seen over a dollar in Adelaide for a weel

Where's Dutton he's chasing hoarders what about Price Gougers?

Accused? No accusation, they are simply taking advantage of people, it’s disgraceful. Once things settle the Govt should take control of prices.

No 95cents here in WA yesterday

And where’s AnnastaciaMP QLDLabor? Hasn’t said a word! She’s allowing big oil to gouge Qlders!! Is big oil giving $$ to Labor?

Petrol prices here in Thailand have dropped to less than $1 AUD per litre and diesel in near the $1 mark.

99 cents in adelaide someone is gauging

Since when are they not gouging? The price of petrol gas almost no tie to the global crude futures price.

Paid $1.37 for diesel in Sunbury Victoria yesterday (a 10c a litre saving on normal)

Because the governments won't address it. Fuel is part of economic daily life and the operators must be curtailed from exploiting us

Petrol copaniea are like the LNP. They don’t give a shit about the people.

Absolute thieving bastards. At $24 a barrel we are still paying as much when the barrels were $150+ during the GFC. They should be ashamed of themselves

wait until you see how much of that is tax

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 /  🏆 7. in SE

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