Petrol price drop expected in August

[BusinessTech]

Petrol price drop expected in August

The petrol price is expected to drop in August, according to data from the Central Energy Fund and the Automobile Association.

 

[TofuMofu]

Well...I don't want to be negative, but I hope it stays down for awhile...

 

[ghostR]

Not if the ANC has anything to do with it...

 

[Ockie]

I wonder what the petrol price would be if the Rand recovered overnight to R7 to the dollar again and the oil price stayed as it is now.

 

[Sonic2k]

The usual.. and then they will raise it again... the bone of the ANC going in and out of the arseholes of the SA population

 

[Turgon]

We are all Creatures of the Wheel, rotating on the shiny axle of the Central Energy Fund.

Up, down, forward, back, up down, forward, back, up down, forward, back...

 

[krycor]

I wonder what the petrol price would be if the Rand recovered overnight to R7 to the dollar again and the oil price stayed as it is now.

Then the petrol tax will be increased as the country as a market can bare it, pretty much like they did this year lol taking a feather out of the cap of big businesses. They will then claim that consumers/tax payers will recover this in lesser income tax increase in the coming year(note: this does not mean there would not be an increase ). Eskom would continue their push for higher % though saying they need to recover losses from previous periods of under recovered losses associated with higher prices in the past.