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Petrol

slayer_1971

By slayer_1971,
in Victoria

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predator Grand Master

predator

Posted
Posted

Whenever they say they are going up in the media, they don't actually go up that much. Ever noticed that? They've been talking about petrol shooting up for months because of this war biz and it still seems not too different to me.

Its just the normal (artificially controlled) cycle.

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predator Grand Master

predator

Posted
Posted

Good call akeenan.. nah its actually all fully regulated by a few in the middle east. They get together and decide what the price of a barrel of oil will be for the next few months based on various factors. Then Shell or whatever does their own regulating here and we just pay whatever they tell us we should pay. A war should have little effect realistically, seeing as remember Iraq isn't allowed to export much oil at the moment (something about a first Gulf war)... if it does go up its pure opportunistics.

Petrol was still the same last night around my area...about 98c for Premium

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