Huge petrol price increases coming in June – If government doesn’t act now

[TopAuto]

Huge petrol price increases coming in June – If government doesn’t act now

With the tax holiday on fuels coming to an end, South African fuel prices are set for a huge jump in June.

 

[Creag]

"if" government doesn't act now ... "if" they ever acted on anything, that would be a nice first

 

[Creag]

On a more serious note, though, we must acknowledge that we are in the poo with these prices

 

[Jet-Fighter7700]

On a more serious note, though, we must acknowledge that we are in the poo with these prices

what I cant understand is why isnt the price deregulated, and stations have the power to pick their own prices,
also self service pumps, maybe one or 2 per forecourt to test it out.

 

[justplain]

Of course they will act.......by making it worse.

 

[Creag]

what I cant understand is why isnt the price deregulated, and stations have the power to pick their own prices,
also self service pumps, maybe one or 2 per forecourt to test it out.

Yep, agree. Let the free market decide what they want to charge. There will always be a margin for profit, which is acceptable. But why not let the fuel station owners decide what their profit margin should be.

Just one last thought on this, there should be a maximum price (if not already so), so that you don't get the only fuel station in a far flung dorp charging stupid because of monopoly.

 

[bwana]

Act how? A R350 p/m petrol grant?