petrol
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The Global Energy Crisis Might Soon Be Affecting Our Petrol Prices
Far from emerging from the COVID shock awash with fuel, as might be expected after an economic slowdown, the world is entering a new energy crisis the like of which hasn’t been seen since the 1970s. European and Asian gas prices are at an all-time high, the oil price is at a three-year high, and…
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It’s Official: Aussie Petrol Sucks
According to Organisation for Economic Co-operation and Development (OECD) figures, Australian petrol is the worst of all 35 OECD countries. Aussie standards allow for 150 parts per million (ppm) of sulphur – the stuff that, once it hits the atmosphere, can form acid rain and also cause respiratory issues for anyone who likes breathing. It’s…
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Fuel ‘Should’ Get Cheaper Before Christmas
The ACCC says petrol prices have already peaked for the year in most Australian capital cities, and its analysis of the pricing cycles show costs should fall just before Christmas.
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Petrol Prices Hit New Lows, But Servos Charge More Than Ever
Average petrol prices in 2015 to 16 were at their lowest levels since 2002, according to an Australian Competition and Consumer Commission report on the Australian petrol industry. Unfortunately for motorists, gross retail margins in the same period increased to their highest levels — meaning the full benefits of lower international crude oil and refined…