Fuel Price Fraud

Yes TM is taxing fuel, but that was about 15c, remember the RAF contribution is comming down, so there will be an increase but 40c is rediculous
 
Also remember that our pump prices are 3 months behind. You need to look at the economic situation then but not forgetting Trevors fuel levy increase.
 
but then this creates a circle argument.

raise feul, food and inflation goes up then so do interest rates because its not in the governments 3-6% cpi range.
 
Also remember i am sure the dollar price effects as well, so while it may be static the rand may have lost 15 or 20c to the dolla.
 
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Remember although oil seems static, in previous months, it went down as low as $33 and then again to $36-$37 for more than a week. Currently it is between $42-$45
 
PeterCH said:
Rand has actually recovered from November. It was 12.50 now under 10.
Click to expand...

According to the CEF website the reduction of January should have been around 65c, it was a reduction of over the R1.30. So I understand the 50c-60c increase we had in February.

The current under recovery is about 68c on their website, so 30c sounds good to me.
 
people are moaning about it in the UK and USA - CNN thinks it is the Oil companies sticking it to us to make up for lower sale volumes, re-doing budgets and all that. Also a good time to stock pille, maybe there is a offset clause to do that.
 
Q1 - where did our fuel come from in the 80s? Sasol? who got it from... where? what? they made it? oh. but... no nevermind.
Q2 - why doesn't the govt buy futures contracts when the prices are low? or is that fancy-pants sort of economics better left to the first world?
 
kiepie said:
According to the CEF website the reduction of January should have been around 65c, it was a reduction of over the R1.30. So I understand the 50c-60c increase we had in February.

The current under recovery is about 68c on their website, so 30c sounds good to me.
Click to expand...

The thing is that Trevor should not add extra tax. I know we can't control the oil price - but we can not inflate it further by laying on more tax. Everying is so expensive nowadays and they add more tax. That is simply STUPID. It's a typical tactic in SA to f-k over the consumer even more. Now instead of buying goods people will have less money and there will be more unemployment because of fewer sales. Govt will earn less VAT, company and income tax.
But I guess they don't see it that way.
 
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