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Review why the price of fuel does not track the price of oil.

Submitted on Friday 5th August 2011

Published on Monday 15th August 2011

Current status: Closed

Closed: Wednesday 15th August 2012

Signatures: 9

Petition Action

Review why the price of fuel does not track the price of oil.

Additional Information

I would like the government to review and legislate to prevent oil companies from fleecing the public.

Why is it that when the price of oil goes up, the forecourt prices go up very quickly yet when the price of oil comes down there is very little reduction in the price of fuel. It appears that oil companies use this as an excuse to push prices up all the time.

If you look at peak oil price and the price now, 90$ish a barrel, the cost of fuel is now more than when it peaked.


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