Price Of Oil?

[J_D 2.0]

Govco actively created a legal mechanism (world parity pricing) where the cartels bench mark to international price and thus can rip us off while paying SFA tax…

Really Govco abdicated their responsibility to its citizens by abdicated price control while claiming that competition and free trade will solve all our problems, then claimed they can’t do anything about it while cashing their substantial donations from said cartels…

So Govco don’t look away, more so they just lie about the situation of their own making while claiming they can’t do anything… it’s something which screws us each time we fill up…

I can still hear the Govco chants about unbridled capitalism, privatisation and no tax on multinationals which were to serve us well. Yeah right, we know how that worked out…

And don’t forget, a lot of our gas is given away royalty free as well. We get exactly nothing from these operations as they don’t pay any income tax either!

https://australiainstitute.org.au/post/gas-exports-56-given-to-corporations-royalty-free/

 

[Immortality]

So last night/this morning it looks like most servo's in the Auckland region actually dropped the 11.5cent regional fuel tax. The interesting thing will be to see if those prices creep up in the next short while.

It is now no longer cheaper to get gas outside of Auckland like I used to do quite often when travelling long distance.