why do gas prices change every day?
In: Economics
Well, here in Australia, it’s because the ACCC (a consumer watchdog) simply cannot seem to find any evidence of collusion between the oil companies. This is despite nearly universal hikes across the range of retailers within a 24-48 hour period.
Example: today in Brisbane saw an almost universal jump of about 35cpl for 91 octane rated Unleaded to restart the cycle of regular incremental drops until hike day arrives again.
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