Government makes changes around petrol price announcements

[BusinessTech]

Government makes changes around petrol price announcements

After nearly two decades, the Department of Mineral Resources and Energy will no longer publish the daily over or under-recovery for fuel prices in South Africa.

 

[ToxicBunny]

Brilliant solution...

The public entities are showing the absolute horseshyte going on, so the solution is to just hide the information...

 

[Aghori]

Government makes changes around petrol price announcements

After nearly two decades, the Department of Mineral Resources and Energy will no longer publish the daily over or under-recovery for fuel prices in South Africa.

 

[Kosmik]

WTF. Ok so we just have to check shell or others.

 

[RedViking]

What the tax payers can't see, won't hurt them?

 

[bwana]

Less disclosure is always a good sign...

 

[ToxicBunny]

WTF. Ok so we just have to check shell or others.

Nope, looks like they're clamping down on all public info.. only stakeholders get it, and they can't distribute it externally.

 

[Kosmik]

Nope, looks like they're clamping down on all public info.. only stakeholders get it, and they can't distribute it externally.

But the stupid thing is that the calculation is public. So if you take the stock price of crude, add taxes etc, one can still work it out. The mechanism hasnt changed.

How is the Fuel Price Calculated?

Have you wondered how the price of fuel is calculated?

prime.co.za

 

[ShaunSA]

One day you guys are going to miss Jacob

 

[ToxicBunny]

Oh I know that, but this lot somehow think the AA publishing an expected petrol price fluctuation is somehow undermining fscktard Gweezy when he does that spectacularly all on his own.

 

[lucifir]

as usual, you not allowed to question the dictators

 

[BuckRogers]

And so many fools still vote for these clowns.

 

[TelkomUseless]

And so many fools still vote for these clowns.

Amazes me every damn time...

 

[Lupus]

Good news everybody... Oh wait.

 

[The_Librarian]

So does this mean they can change the price at will?

Oh, $memba need a new BMW, let's just hike the price a bit...

 

[The_Librarian]

View attachment 1196612

Spot on. Nasty pocketses indeed. <gollum>