02 December 2021 - 05:05The AA has renewed its call for a review of the fuel price structure after record-breaking price hikes to petrol, diesel and illuminating paraffin on Wednesday.and 93 unleaded to 20.07/These are new record highs in a year that has seen a series of fuel price hikes, and it now costs R1,017.50 to fill a 50On Wednesday the wholesale price of diesel rose 73c/for low-sulphur diesel, while illuminating paraffin went up 42.
It says the burden on consumers could be reduced by reducing fuel taxes which make up more than half of each litre of 95 octane petrol, 126% higher than a decade ago. The fuel price is additionally made up of transport costs , custom and excise duties, retail margins paid to fuel station owners and secondary storage costs.
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Source: TheCitizen_News - 🏆 6. / 75 Read more »
AA says December fuel price disaster is 'entirely home grown'Fuel prices will be through the roof in December, with the price of oil playing almost no part. This is according to the Automobile Association (AA), which was commenting on price increases announced by the Department of Mineral Resources and Energy (DMRE) on Monday, and which come into effect at midnight on Tuesday
Source: TimesLIVE - 🏆 28. / 59 Read more »
AA says December fuel price disaster is 'entirely home grown'Fuel prices will be through the roof in December, with the price of oil playing almost no part. This is according to the Automobile Association (AA), which was commenting on price increases announced by the Department of Mineral Resources and Energy (DMRE) on Monday, and which come into effect at midnight on Tuesday 70% of the petrol price is taxes
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Source: TheCitizen_News - 🏆 6. / 75 Read more »
POLL | Do you think government should review the fuel levy amid petrol price hike?The Automobile Association is calling on government to review the fuel levy following the latest fuel price increase ahead of the festive season. GovernmentZA should temporarily suspend fuel levies until crude oil prices stabilise Of course they should! They can make a huge difference to economic survival by reducing their levy income by even a few cents per litre GovernmentZA ParliamentofRSA CyrilRamaphosa , gov't also need to find a way to make it easy for people claiming RAF. The system is tricky and has open the doors for doggy lawyers to steal. Imagine someone getting paid R1m RAF and in a technical way, R700k goes to the lawyer.
Source: TimesLIVE - 🏆 28. / 59 Read more »
AA says December fuel price disaster is 'entirely home grown'Fuel prices will be through the roof in December, with the price of oil playing almost no part. This is according to the Automobile Association (AA), which was commenting on price increases announced by the Department of Mineral Resources and Energy (DMRE) on Monday, and which come into effect at midnight on Tuesday 70% of the petrol price is taxes
Source: SowetanLIVE - 🏆 13. / 63 Read more »