Fuel Price Increase (5 Sept 2012)!!!

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Royco
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Fri Aug 31, 2012 2:00 pm

The petrol price will go up by 93c/l next Wednesday, while diesel will cost 69c/l more.

The steep 8.4% increase that kicks in at midnight on 5 September is to partly to finance wage increases for pump attendants at garages, the energy department said on Friday.

The latest shock hike brings the price of 95 grade petrol in the inland commercial region of Gauteng to R11.97 a litre and R11.62 at the coast.

The wholesale diesel price will also go up by about 6.7% to R10.95.

This latest petrol increase is also the result of rising oil prices, which have been pushed higher by supply issues and improved consumer confidence in the US.
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Fri Aug 31, 2012 2:10 pm

:wth: :wth: :wth: :thumbdown: :thumbdown: :cry: :cry: :cry: :cry:
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Mikie
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Fri Aug 31, 2012 2:25 pm

So they blame rising oil prices and a weaker rand

Does anyone have the stats on this?

ie: what the Rand / $ rate and crude oil price was at each increase and decrease this year.

It doesnt se4em to rise and lower accordingly to me, I could be wrong
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Royco
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Fri Aug 31, 2012 2:29 pm

I fully agree, the R$ has not been that bad.
Although Brent Crude has increased, but also not by that much!

But also looks like we are paying for the wage increases:
... is to partly to finance wage increases for pump attendants at garages...
Better get the dust off my bicycle!! :thumbup:
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Mikie
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Fri Aug 31, 2012 2:37 pm

Royco wrote:I fully agree, the R$ has not been that bad.
Although Brent Crude has increased, but also not by that much!
Exactly what I was thinking, Oil was just over $120 barrel and rand was closer to R9 last time we had it so high
We getting milked so badly, fuel, electricity, property rates the list goes on
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Fri Aug 31, 2012 2:44 pm

Royco wrote:

The steep 8.4% increase that kicks in at midnight on 5 September is to partly to finance wage increases for pump attendants at garages, the energy department said on Friday.
BULLSH!T!!!!

Lets say 40c/L goes for the attendants.
Average 50L fuel tank = R20.
3 tanks filled per hour = R60x 8 hour shift = R480 extra per shift!

R480 x 20 workdays = R9600.

Nice salary increase for a pump attendant!!!!

I might consider changing career if that is the kind of increases you can get...
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Fri Aug 31, 2012 10:37 pm

Mikie wrote:So they blame rising oil prices and a weaker rand

Does anyone have the stats on this?

ie: what the Rand / $ rate and crude oil price was at each increase and decrease this year.

It doesnt se4em to rise and lower accordingly to me, I could be wrong

its not a proper scientific, however a half measure at how the function of oil and rand affect what we pay at the pumps
from 2010 to 2012

http://www.kfxnando.com/viewtopic.php?f=26&t=21" onclick="window.open(this.href);return false;

hope this helps :cooldude:
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Sat Sep 01, 2012 7:43 am

Royco wrote:I fully agree, the R$ has not been that bad.
Although Brent Crude has increased, but also not by that much!

But also looks like we are paying for the wage increases:
... is to partly to finance wage increases for pump attendants at garages...
Better get the dust off my bicycle!! :thumbup:


For the next coming 3 weeks I'll be on course, two weeks in Roodepooort and a week in Reuven - my MTB will be very busy I've decided, to hell with this! :aggresive:
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Sat Sep 01, 2012 7:56 am

No, no, no - Roy, you missed part of the quote. No need to get that upset...
Royco wrote:
The petrol price will go up by 93c/l next Wednesday, while diesel will cost 69c/l more.

The steep 8.4% increase that kicks in at midnight on 5 September is to partly to finance wage increases for pump attendants at garages, the energy department said on Friday.

This latest petrol increase is also the result of rising oil prices, which have been pushed higher by supply issues and improved consumer confidence in the US.However, the majority of the increase will go towards Jacob Zuma's 7th wedding ceremony, as well as the maintenance of the further 327 illegitemate children he fathered this year. A small percentage will also go to Julius Malema in order to shut him up and allow him to finish his R16 million house in Sandhurst...
When will the people of this country wake up and realise that their "liberators" have become their oppressors? :evil:
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Donkey
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Sat Sep 01, 2012 8:23 am

I say this again, we have a lovely country - run by idiots :thumbdown: :aggresive:
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Mon Sep 03, 2012 8:21 am

kfxnando wrote:
Mikie wrote:So they blame rising oil prices and a weaker rand

Does anyone have the stats on this?

ie: what the Rand / $ rate and crude oil price was at each increase and decrease this year.

It doesnt se4em to rise and lower accordingly to me, I could be wrong

its not a proper scientific, however a half measure at how the function of oil and rand affect what we pay at the pumps
from 2010 to 2012

http://www.kfxnando.com/viewtopic.php?f=26&t=21" onclick="window.open(this.href);return false;

hope this helps :cooldude:

Thanks
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BenRich
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Mon Sep 03, 2012 8:47 am

BULLSH!T!!!!

Lets say 40c/L goes for the attendants.
Average 50L fuel tank = R20.
3 tanks filled per hour = R60x 8 hour shift = R480 extra per shift!

R480 x 20 workdays = R9600.

Nice salary increase for a pump attendant!!!!

I might consider changing career if that is the kind of increases you can get...


The actual increase in margin for retailers to honor the wage agreement is3.5 cpl. That's it! None of it goes to retailers as a margin increase!
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