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 Nats push for diesel price investigation 

Nats push for diesel price investigation

20 Jan, 2009 09:54 AM
Nationals Leader Warren Truss has written to the Australian Competition and Consumer Commission, requesting an immediate investigation into the retail price of diesel, which he says is out of sync with unleaded petrol.

Mr Truss says a growing number of consumers are complaining about "the increasing disparity in the price" of diesel, which until recently has traditionally been substantially cheaper than unleaded petrol.

"While petrol prices have fallen in recent times, the price of diesel remains extraordinarily high and the gap between petrol and diesel has widened," he said.

"A range of excuses are provided from time to time such as a shortage of suitable crude, demand in the northern hemisphere winter, the economic boom in Asia and growth in aviation fuel demand.

"But none of these reasons seem to offer a credible explanation for the huge current discrepancy in pricing."

Mr Truss said the price of diesel impacts all Australians, as it flows through to the cost of transporting goods.

Mr Truss wants an ACCC inquiry to examine the reasons for the price spread, and whether or not the difference is justified.

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It's about time the likes of Truss and his incompetent cohorts got off their backsides and put a stop to this diesel price rip off. The disparity has been occurring for years, reaping petrol companies and the Federal Government additional fuel excise, billions of dollars in revenue. Diesel is the crap left over after ULP is refined, yet the waste product is 20-30c/l dearer! Our Federal Government is party to this scam. I hope the public judge Warren Truss on his performance on addressing this issue. If he fails to have the price of diesel adjusted less than ULP, Warren Truss and the National Party should be seen for the joke that they now represent to thier traditional voters and to country people generally. Time to deliver on something Warren, or move aside and make way for someone who posesses the conviction, intention to achieve meaningful change for rural Australia.
Posted by CQ, 20/01/2009 2:14:32 PM
This is a disgrace, seeing the difference between ULP and Diesel. Not only is this pricing disgraceful but also we are all getting ripped off as the price of crude oil has dropped so much since last winter. Someone is creaming the profit. Sooner the fuel is hydrogen or similar the better!
Posted by Walda, 20/01/2009 4:57:37 PM
A barrel of crude yields about 1/2 brl of gasoline and 1/4 brl of diesel or stoveoil so one cannot increase the production of one without increasing the production of the other. One also has to be aware that BIG OIL controls the price of what you buy at the pump if the ratio of gasoline prices to diesel prices changes in ratio it means greed, collusion, and price gouging at the retail level or wholesale level. Governments will obey what 'Big Oil' wants.
Posted by jaimie, 21/01/2009 3:08:46 AM
Has Warren just woken up - it is time for you to do something for the people you are supposed to represent.
Posted by Genazzano, 21/01/2009 6:16:21 AM
After crying poor all year, Caltex has released booming profit figures for the past year based on what it calls "higher refining margins". That wouldn't be a weasel phrase for "diesel price rip-off", would it?
Posted by Dave, 21/01/2009 8:24:56 AM
Dave, you have hit the nail on the head!
Posted by CQ, 21/01/2009 9:47:55 AM
WASTING HIS TIME WITH THE ACCC. They are a lame duck.
Posted by hensby, 21/01/2009 9:54:19 AM
You're all right. It's called collusion, lack of integrity and GREED, and surprise surprise those are the very features at the basis of our looming economic downturn!!!
Posted by Noel Plumley, 21/01/2009 3:52:44 PM
I drive a diesel car so I am as interested in this issue as anyone else. However, Mr Truss and his views and the responses on this page all indicate a very disturbing lack of knowledge among everybody. Diesel is the "essential fuel". It is used in farming, trucking, fishing, mining, in buses, the military, aviation and almost anything else "essential" you can think of. Its price is dictated internationally. On the other hand gasoline once more is a "by-product" and therefore cheap. The ACCC won't find anything.
Posted by Saildog, 24/01/2009 2:48:37 PM

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Nationals Leader Warren Truss.
Nationals Leader Warren Truss.
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