Petrol Prices here in Australia at present

[Peter_AUS]

Struth Dyer that ain't cheap, evern more expensive than here in Australia. Nearly Double what is is a Litre here.

Just an update, even though Oil has gone under $50 a barrel on the world market, Petrol prices still remain quite high here, without much likely hood of dropping in the near future as well.

It really doesn't make sense compared to prices in the US being what they are, if it is a world controlled market price, (me thinks it is not the case).

[another view]

if it is a world controlled market price, (me thinks it is not the case).

Same here. Prices go up a lot, then come back a little. The rise usually has to do with the price of crude, but the fall in price doesn't seem to have much to do with it. Being a commodity that the refineries are sitting on, maybe they have to sell off the expensive stuff they're sitting on before they can lower the price - or maybe I'm being optimistic. Regardless of what crude does, I don't think I'll ever see $1.60/US gal Diesel again.

[drg]

I have been looking for this photo since I edited it this past Saturday. Left it at work on a machine and didn't load back into my notebook. This price per gallon lasted only a few hours.