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Old 11-02-2022, 12:55 AM   #1153
hayseed
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Join Date: Aug 2018
Posts: 1,892
Default Re: Petrol Price crisis......

Quote:
Originally Posted by Adamz Ghia View Post
The math just doesn’t add up, no matter how you spin it.

2008 the oil price was around $145 per barrel, and from memory the most I paid for fuel was $1.50 or so per litre.

Today the oil price is $91, and we’re pushing $2. Even if you allow for tax increases it doesn’t come close to what the price should be.
Without Bothering to Google It..

I suspect the Exchange rate is a Factor..
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