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Old 12-02-2022, 01:59 PM   #1158
jpd80
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Default Re: Petrol Price crisis......

Quote:
Originally Posted by Adamz Ghia View Post
The page I’m reading has Brent topping out at $143.95 on 03/07/08.
Sorry, I saw the spot price for February 2008 was $96 but agree that it was much higher later in the year.

The ACCC revealed that fuel companies actually lost $480 million in 2008, maybe the price
of fuel wasn’t high enough to cover their costs when oil spiked later in the year…

https://www.abc.net.au/news/2009-12-...l-accc/1183724
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