I don't understand how petrol price can fluctuate so much. drive to work every morning and pass a Shell station twice a day. Just recently before the long weekend that same Shell station was selling unleaded @ $1.15 per litre. on my way home later that evening I pass that same Shell station and could not believe my eyes when I saw the price of $1.25 for the same unleaded fuel. How can this be? This is called Theft isn't it?
What blows my mind is how the government turns the other way and does nothing. Why don't Coles and Woolworth's increase there prices on Holidays or any other Retail shop for that fact?!
So what can be done to stop this rip off? who is to blame? and what can we do to stop this practice or do we just continue pointing fingers as parliament does and never have it resolved.
The big joke is the our government giving $2000 to convert my car to GAS. What good would this do? The only thing I see is a drop in national petrol demand which will result in a greater increase in the price of Petrol in the long run.
any answers?
2006-09-26 15:26:01 · 5 answers · asked by DeAtomizer 2 in Politics & Government ➔ Government
Worldwide petrol prices are dropping steadily. And you are paying for one liter what we pay for over 2.5 liters in the US. But that is one of the prices you pay for a socialized medicine.
2006-09-26 15:33:36 · answer #1 · answered by Anonymous · 0⤊ 0⤋
As one quantity is going up so does the different, that is in easy terms a game of cat and mouse, the government develop tax so the agencies costs extra to maintain there income, so the government cost extra tax with the aid of fact they placed the cost up. This has befell from my information for just about 30 years now. So how do the enterprise make added funds with out the government forcing a tax, properly the tax guy can in easy terms take tax on the muse of how lots funds is made or spent, there is not any such funds as 0.9p so tax guy cant touch it it, yet while a million'000'000 purchase it in an afternoon thats £9000 better in there pocket, yet nonetheless the tax guy cant touch it. yet in the previous every person ask if £9000 is properly worth it to a multi billionaire enterprise, remember all yet 22p at present is tax and expenditures, 2p to the enterprise merchandising it, leaving in easy terms a measly 20p/litre to the enterprise. So 0.9p makes just about an added 5% gross sales to the enterprise.
2016-10-18 01:12:58 · answer #2 · answered by wiechmann 4 · 0⤊ 0⤋
The gasoline market is speculative. This means that when people set the price they are speculating on it, so world events like Iran's Nukes can affect the price of gas.
2006-09-26 15:32:49 · answer #3 · answered by Jason 3 · 0⤊ 0⤋
When you get out of High School you'll understand Economics (Micro/Macro) Check it out!
2006-09-26 15:29:48 · answer #4 · answered by Boredstiff 5 · 0⤊ 1⤋
i havent figured that out either. Just dont get into stock market ok?
2006-09-26 15:33:38 · answer #5 · answered by savio 4 · 0⤊ 0⤋