Fuel prices not changing in June? Update: Extremely late notice of increases.

cr@zydude

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Jul 20, 2008
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Fuel prices usually (always) change on the first Wednesday of the month.

The notice is published by the Central Energy Fund and the Department of Energy, usually on the Friday before the change, but sometimes on the Monday before the change.


It's now 5pm on the Tuesday before the change, and neither has published the fuel price changes. Does anyone know what happens at midnight?

Any chance that this has something to do with the carbon tax which is meant to be added tomorrow or the Department of Energy and Department of Mineral Resources merging?
 
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Gordon_R

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Jul 5, 2009
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No change to petrol price, slight increase in diesel: https://www.fin24.com/Economy/carbon-tax-expected-to-cancel-out-petrol-price-drop-in-june-aa-20190528
May 28 2019 15:05

Motorists can expect petrol price to drop by about 10 cents a litre in June, the Automobile Association predicted on Tuesday, based on unaudited month-end data released by the Central Energy Fund. But the introduction of the carbon tax - which will add nine cents a litre to the petrol price - will likely cancel out the drop.


The AA foresees that diesel users are looking at an increase of about 14 cents a litre. When the carbon tax is added, the increase is larger.
 

cr@zydude

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Thanks. Something weird happened though, since that petrol move doesn't fit with the Central Energy Fund's own numbers from Thursday, even taking into account the carbon tax.

That's just an estimate. The Central Energy Fund publishes the official notice for the Department of Energy.
 

Johnatan56

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Aug 23, 2013
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Diesel is actually going up by 33 cents. The slate levy added 13 cents to petrol and diesel and explains why it is so different from the Thursday numbers.

www.cefgroup.co.za/petrol-price

I'd still love to know why the release was so late.
Probably checking how the rand fairs against the dollar due to the economy shrinkage announcement. We don't want government to lose the chance to have slightly higher tax income, now do we?
 
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