Petrol Price Going Up (In March)

[Lino]

I knew it was too good to be true.

With petrol having gone down so much from the all time high of R10-50 seems like we are quickly going back to it.

NEXT PRICE CHANGE: Wednesday 4 March 2009



Petrols


40.00 - 45.00 c/l increase


Low Sulphur Diesel 0.05%


15.00 - 20.00 c/l decrease


ê

Ultra Low Sulphur Diesel 0.005%


16.00 – 21.00 c/l decrease


ê

Illuminating Paraffin


08.00 - 12.00 c/l decrease


ê



Brent Crude


$45.82 per barrel

Brent Feb 2009forecast


$44 – 50 per barrel

Rand - US $ exchange


9.9485



This Price Forecast is based on information as at 06 February 2009 and is based on current price regulation guidelines as stipulated by the Department of Minerals and Energy. This is mainly based on international crude and finished product price movements coupled with prevailing Rand – US Dollar exchange rates.

Unless specifically stated this forecast excludes extraordinary changes requiring Ministerial approval (eg. margins, taxes etc.)

 

[AvatarS]

/gets out cardboard and starts writing 'Need money for petrol' sign

 

[Kasyx]

*sigh*

Wish I could say I was surprised...

 

[Lino]

*Goes off to buy a Vooka*

Hmmm the the traveling 90KM a day is going to be expensive again!

 

[LazyLion]

now watch... the retailers are going to put food prices up again and say ... "transport costs" have gone up!

 

[hj2k_x]

Wow, I knew it was too good to be true. It was so awesome seeing petrol below R6/l for the few weeks that it was.

*sigh

 

[killadoob]

Well i am not going to moan because 10.50 is way worse than another 40c hike or whateva.

I do agree with you though gary 100%.

 

[hj2k_x]

Welli am not going to moan because 10.50 is a way worse than another 40c hike.

But if it keeps going up at that rate then it won't be long before we are back at R10/l

 

[Brawler]

**** **** ****

 

[krycor]

 

[marine1]

This is no surprise and we all knew it would happen. The ANC do this every December / Jan. Bunch of w@ncers. I hope they lose this election.

 

[///MoH]

http://www.shell.co.za/vpower/pprice.htm

Heres the link... Should have posted it

 

[kiepie]

This is no surprise and we all knew it would happen. The ANC do this every December / Jan. Bunch of w@ncers. I hope they lose this election.

Marine1, how does the ANC (don't support them at all) have an influence on the Rand and even remotely an influence on the oil price?

 

[Sneeky]

It still will go down I wager, still more chaos to come and despite cuts from OPEC, demand will be way down.

 

[supersunbird]

Marine1, how does the ANC (don't support them at all) have an influence on the Rand and even remotely an influence on the oil price?

Ja, if they had THAT influence and really wanted to milk us dry, why did they let the prices fall by 40%? Someone with a logical brain would like to know...

 

[marine1]

Marine1, how does the ANC (don't support them at all) have an influence on the Rand and even remotely an influence on the oil price?

So you are telling me that the rand and cost of oil has caused this increase of so much? Please man, it is manipulated by the ANC and I am sure it is for the elections. They need cash.

 

[Morgoth]

Time to call our friend the local petrol thief.

 

[marine1]

There is no way they can justify this increase by so much yet this happens nearly every year. The current gvt is so full of sh !t and yet people are still going to vote for these brain dead morons

 

[Kim_Webchick]

Its crazy, but what can you do

 

[manesan]

So you are telling me that the rand and cost of oil has caused this increase of so much? Please man, it is manipulated by the ANC and I am sure it is for the elections. They need cash.

Dont you think it is a bit difficult for the ANC to manipulate the price of Brent Crude? The formula to calculate the price of petroleum products is well documented by the DOE.