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The Clubhouse Bar
Rising Oil Prices
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<blockquote data-quote="Bull" data-source="post: 204355"><p>We have the same problem here in SA where fuel prices have gone up every month so far this year. I think petrol is around R10.30 and R12 (U$ 1.54) although diesel use to be half the price of petrol. BUT in SA we have SASOL and they produce petrol and diesel form cole for less than R1 per liter and they also sell it to other African countries for less than R1 per liter, yet SASOL has their own filling stations but you guessed it you pay the normal price for their petrol as all the other places like Shell, BP, Engen etc. So they are making a huge killing. The other thing is when fuel prices rise so does food prices which is already very expensive.</p><p></p><p>The other problem we have is that there is really a lack of public transport because either it doesn't exist or it's too dangerous to use so you have to use your own transport to get to work or whatever.</p><p></p><p>Government does care to lift the fuel price every month because they score big time and government officials couldn't give a **** because they all have petrol cards, and guess who pays for it? I do ie. tax money.</p></blockquote><p></p>
[QUOTE="Bull, post: 204355"] We have the same problem here in SA where fuel prices have gone up every month so far this year. I think petrol is around R10.30 and R12 (U$ 1.54) although diesel use to be half the price of petrol. BUT in SA we have SASOL and they produce petrol and diesel form cole for less than R1 per liter and they also sell it to other African countries for less than R1 per liter, yet SASOL has their own filling stations but you guessed it you pay the normal price for their petrol as all the other places like Shell, BP, Engen etc. So they are making a huge killing. The other thing is when fuel prices rise so does food prices which is already very expensive. The other problem we have is that there is really a lack of public transport because either it doesn't exist or it's too dangerous to use so you have to use your own transport to get to work or whatever. Government does care to lift the fuel price every month because they score big time and government officials couldn't give a **** because they all have petrol cards, and guess who pays for it? I do ie. tax money. [/QUOTE]
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