For families desperate to travel around the state and inject much-needed funds into regional communities, the highest petrol prices on record could hardly come at a worse time.
"Supply hasn't kept up with demand and OPEC and other oil-producing countries have maintained an artificial lid on supply to push up the price of oil. Mr Khoury said it was likely the record prices would still be in place as people filled their cars for weekend getaways."OPEC and the other oil-producing countries have said they won't be increasing production levels, so there's nothing in the short term we can see that would warrant any enthusiasm for any relief in the next for weeks.
Mr Khoury says Australia needs to make sure it is ready for the inevitable transition to an all-electric fleet.While some countries that manufacture vehicles have banned the production of petrol and diesel-powered cars, Australia is expected to be slow to transition.
And Christmas, who'd have guessed
Of course.
What happen to Morrison governments plan to store cheap fuel in America so we would get flogged in future wasn't it about 100 million dollars worth.
Swings and roundabouts, supermarket prices went up during covid now its time for the oil companies to dig into your pockets and these are the rats that Morrison wants you to be shackled to for hydrogen for your cars. Leopards and spots and all that.
The printing of USD
Already hit high prices in the Hunter before opening up 😡
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