Not that I care what I pay for petrol, but mate last time the Aussie Dollar was where it is, and the price of Oil was where it is, we were paying LESS THAT $1 A LITRE...
Even taking inflation into account, the oil companies are simply price gouging at present.
Last time the dollar is where it is was 20 odd years ago. Inflation has more than doubled prices in that time.
Leading analysts are suggesting at present there is a 4-5c disparity between currency and fuel prices in australia. So effectively fuel companies are skimming 4-5c, there is however, nowhere near as big a gap as most would think. But given how volatile both markets are from day to day, the fluctuation in this figure can vary greatly, as such, setting a pricepoint on the weekly cycle is no easy task.
Fuel companies are cheats no doubt about it, and they'll do everything in their power to keep prices up. But unfortunately the drop in the dollar has crucified any chance we've had for cheaper fuel.
As for anyone asking about why America has cheaper fuel, they have a large amount of locally supplied fuel lines, whereas ours is predominantly from asia, so we pay more in shipping, taxes and whatever further costs are incurred. It's been this case forever, but as the war continues, the US oil reserves start to dwindle and the disparity between our 2 lines of fuel is nowhere near as large.
