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Originally Posted by dave289
we should be paying around 75-80c a litre.when fuel was high a barrel of oil cost either $147 a barrel or $174 (feel free to correct this).it is now down to $37 a barrel yet we are still being ripped off.
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i think thats because the au$ has gone down so far compared to the us dollar in recent months. if it was still so close to the us then the petrol prices would be very low. atleast thats my understanding of it. that and government taxes.