Tag: Fuel Pricing

WA drivers queue for cheap petrol as residents say it’s a dangerous recipe for disaster | The West Australian

WA drivers queue for cheap petrol as residents say it’s a dangerous recipe for disaster | The West Australian

For bargain hunters it’s a lure that’s nearly impossible to resist — the promise of petrol at the cheapest price for the week. But some Perth residents say the weekly Monday free-for-all for cut-price fuel is a recipe for disaster and potentially even fatal accident on our roads. Local resident Simone says price fluctuations of […]

Harvey-related price-gouging complaints filed against 127 gas retailers | Caller-Times

Harvey-related price-gouging complaints filed against 127 gas retailers | Caller-Times

AUSTIN – More than 125 Texas retailers are accused of price-gouging for charging customers nearly $4 or more for a gallon of unleaded gas or diesel after Hurricane Harvey knocked out refinery capacity along the Gulf Coast in late August. Texas Attorney General Ken Paxton said Monday that he gave the retailers the option of resolving the matter […]

Opinion: Petrol retailers price cycles and price gouging must end | The Courier-Mail

Opinion: Petrol retailers price cycles and price gouging must end | The Courier-Mail

SCREWED again, dammit! Last month I wrote about how we’re all being royally gouged by petrol retailers, seemingly uniformly across groupings of suburbs, engaging in 30¢-plus price cycles lasting up to six weeks. And so it was that petrol stations in my neck of the western suburbs woods, which locals refer bitterly to as the […]

Petrol pricing absurdity in bush must be given short shrift | The Border Mail

Petrol pricing absurdity in bush must be given short shrift | The Border Mail

The simple fact of the matter is that doesn’t seem to matter how much noise is about it – what you fork out in the bush is unjust compared with the situation in the big cities. And arguments put forward about the extra cost of transporting fuel to regional areas carries limited weight. It might explain […]

Stalin urges Tamil Nadu govt to reduce taxes on petroleum products | The Indian Express

Stalin urges Tamil Nadu govt to reduce taxes on petroleum products | The Indian Express

Stalin recalled that the M Karunanidhi-led DMK government had in the past reduced taxes on petrol and diesel in the state during certain rate revisions of the products. “People are struggling hard due to the oppressive taxation on petrol and diesel which has led to prices of petrol to hover around Rs 70.96 and diesel […]

Fuel prices: The poster child for the BJP’s mismanagement of the economy | ThePrint

Fuel prices: The poster child for the BJP’s mismanagement of the economy | ThePrint

The deregulation of fuel prices was meant to make things easier for the aam aadmi, it is instead being used to increase taxation. The announcement last week of yet another hike in retail prices of petrol and diesel has created strong resentment across the country, with the average Indian citizen frustrated at the all-time high […]

Govt sensitive, will take right decision: BJP on fuel prices | The Indian Express

Govt sensitive, will take right decision: BJP on fuel prices | The Indian Express

The leader explained that the Centre has not intervened so far because the increase in the prices cushions the state finances as they are also depending on taxes on petroleum products at a time they are shifting to a new tax regime, GST. Fuel prices are outside the GST. “States run with this money,” he […]

Fluctuating fuel price affects vegetable pricing | Times of India

Fluctuating fuel price affects vegetable pricing | Times of India

Kolhapur: The traders in the city believe that a constant change in fuel prices is contributing to an exorbitant rise in the prices of food grains, pulses and vegetables. For the last two months, the dynamic pricing of fuel is being implemented by the petrol pump operators. The fuel prices are modified on a daily […]

Address fundamental flaws in fuel pricing | Business Line

Address fundamental flaws in fuel pricing | Business Line

Pricing mechanism flaw First, the pricing mechanism. While the daily frequency of price change is fine, the methodology of the pricing mechanism is not. In India, the prices of petrol and diesel are not determined by the actual costs incurred by refiners on crude oil sourcing, refining and marketing and allowing for profits. Rather, a […]

Xcel’s rates have risen but are still below state’s average | amarillo.com

Xcel’s rates have risen but are still below state’s average | amarillo.com

Higher bills from Xcel Energy, which has a monopoly on Texas Panhandle homes and powers most area businesses, are a result of costly technological upgrades, spokesman Wes Reeves said. The average residential bill has increased 19.8 percent per kilowatt-hour since 2006. Fluctuations in fuel pricing, particularly natural gas, typically impact deregulated energy providers more heavily […]