During the festive seasons, the petrochemical companies jack the prices up of fuel in a BLATANT consumer rip off plan.The mass media very rarely bring this into the spotlight of the general public, even though EVERY SINGLE motorist is fully aware that they are being ripped off.
In the illustration above, the photo shows the price of fuels of Unleaded/Diesel/LPG at 123.7 / 123.9/ 62.9 (cents per litre) respectively.
Just prior to the holiday season of Christmas the average price of LPG was 48 (c/litre).
An increase of approximately 28% has jumped literally overnight.
There is NO plausible reason given for this, and if such an event were to happen to a company's shares whilst trading on the stock market, there would be an inquiry.
The Australian Price Consumer Authority (ACCC) is literally doing NOTHING about this, and in effect supporting the petrochemical company's ripping off the consumer.
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