Lucky our dollar is going up and the price of oil has dropped a bit, otherwise, our petrol prices would be screaming through the roof...most recently $1.71/l ($6.125 US/US Gal).
Petrol companies have explained away "cheap Tuesday", followed by the Friday price shock as the market at work. Refineries run 24/7. Fuel stocks mount up on Tuesday, and need to be cleared, thus lower prices. By Friday's demand time the tanks are starting to empty and the price goes up.
ACCC (Oz Competition and Consumer Commission) have bought it for a half decade.
Last week, consumers have been met with long Tuesday evening queues, as a lot less than all of pumps have been running. "not available for service" signs hanging off them.
A suspicious lot then tried them. Found that they cleared...and they pumped petrol.
retailers buying fuel on cheap Tuesday, and restricting sale until later in the week ?
http://www.livenews.com.au/Articles/2008...cheap_fuel_days
Security reasons are the acceptable answer.
Everything in the name of security.
Petrol companies have explained away "cheap Tuesday", followed by the Friday price shock as the market at work. Refineries run 24/7. Fuel stocks mount up on Tuesday, and need to be cleared, thus lower prices. By Friday's demand time the tanks are starting to empty and the price goes up.
ACCC (Oz Competition and Consumer Commission) have bought it for a half decade.
Last week, consumers have been met with long Tuesday evening queues, as a lot less than all of pumps have been running. "not available for service" signs hanging off them.
A suspicious lot then tried them. Found that they cleared...and they pumped petrol.
retailers buying fuel on cheap Tuesday, and restricting sale until later in the week ?
http://www.livenews.com.au/Articles/2008...cheap_fuel_days
Security reasons are the acceptable answer.
Everything in the name of security.
