Petrol Prices...

Some of my loyal readers might prefer the term gasoline. However, in my part of the world it is known as petrol.

This is just a short musing on the fluctuating prices of petrol in Sydney. I recall hearing about how the price fluctuated but had paid little attention to it. After all, I was living in Jakarta and not driving so it really did not make that much difference to me. Now that I have returned to Sydney and drive every now and then I tend to notice these things more.

The price over a seven day period fluctuates between 108.9 cents a litre to around 126.9 cents a litre. Now, what is interesting about this is that it does not seem to be based on any movement in crude oil prices, but rather what day of the week it is.

Tuesday is the cheapest day and Friday tends to be the most expensive day. It also helps that on Tuesday I get a discount of 4 cents a litre because I have a Woolworths loyal shopper card.

I wonder why such huge fluctuations that are not based on changes in the crude oil price are acceptable? Surely there must be a breach somewhere of some code...then again, I guess not as the practice continues.