Wednesday, 15 August 2012

Two months of pretending is over. Oil Companies have run out of excuses

When the price of petrol crept under $2 per litre for 91 Octane, a young woman was smiling happily. "No sign of the price going anywhere but down." If she knew the true intentions of petrol companies she'd know them to be nothing more than cynical opportunists who suck the happiness out of everyone each time a trip is made to the petrol station.

If you are looking for previous excuses and want to compare them to the current piffle being spurted out by spokespeople you can find the post "Oil Companies are running out of excuses" here. Like most selfish conglomerates, each company pretend to show sympathy with the common man, unable to properly accept blame for selfishly pursuing higher profits. "Yesterday BP blamed a rise in the price of international product." http://www.stuff.co.nz/business/money/7478453/Motorists-suffer-as-petrol-price-nudge-record/ If people do not begin worrying about being unable to drive, very little seems to be rattle cages these days. Being pulled by the ear isn't something which should be compulsory. News on petrol prices have shown something. Reluctant price drops kept people at bay, albeit temporarily.
"The price fell six times in June, with a litre of 91 octane briefly down to $1.97 a litre in the main centres - the first time it had dipped below $2 since last August." http://www.odt.co.nz/news/dunedin/221325/petrol-prices-way-back. Dropping petrol prices during this period were deemed unacceptable by senior members. As oil companies all work in cartels, easily the worst kept secret, collaborating and agreeing on universal lies to feed the media with resulted in AA spokesman Mark Stockdale succumbing to the reality of not being able to say anything but how much of an increase to expect, rather than the justification of the Oil Companies unjust price rises. "After crude oil prices fell to 18-month lows of US$88 a barrel in June, they then jumped 20 per cent during July,” said Mr Stockdale. It really would be a sad day if Mr. Stockdale delivered such morose news without putting forth a challenge to Oil Companies greed.http://www.stuff.co.nz/nelson-mail/news/7392096/Fuel-costs-on-the-way-up-again

Caltex, BP, Shell, Mobil, even Gull manipulate all information they present to the public and make it sound as if they had no other choice. No evidence from recent dips in the New Zealand dollar (a pathetic excuse often used by BP in particular for price rises), give reason to suggest such fast, rapid rises are justifiable. Feathered talk about commodity prices rising up translating to increased costs at the pump defy logic and seek to destroy the common sense many smart motorists hold; that is in the premise that when commodity prices were falling, prices slowly went down, slower than any snappy increases from overnight losses in the dollar. Petrol spokespeople all have a PhD in lying, presenting themselves as sympathetic bourgeois business people, they hoof fake sympathy onto their victims, whilst secretly reveling in high price petrol mania, well aware of the fat bonus awaiting them for whipping up propaganda. Jonty Mills and Jonathon Hill are the spokespeople for BP and Z energy respectively. "It's not unusual for things to change from one day to the next though and, if prices do drop, we'll certainly be passing it on to the customer," Mr Hill said. Mr Mills indirectly says customers should accept all their price hikes, however unfair they seem. "We don't base our prices on AA commentary. It's purely a transparent tax that we're just passing through," Mills said.

Oil companies can afford to absorb the price volatility of the commodities market but choose not to. Their lame efforts to sympathise with the victims who reluctantly shell out more of the disposable income on each visit fall on flat ears. They have run out of excuses. The nitwit National Party added an unneeded fuel excise which will be squandered on mediocre transport projects; so much for a brighter future Mr. Slippery (and to you Princess Simon and the wretched creature Steven Joyce).
When it comes to offering a good price, the big name Oil Cartels seem to disappear into the shadows. More pressure ought to be laid on them to begin absorbing costs. All these recent AA incentives merely keep people hanging around. Once electric cars flood the marketplace, do not expect sympathy from victims of price fixing and market regulation. Electric cars could really not come sooner, although politicians, being the thieves they are, will find a way to make motorists suffer.


The brief spell of assuming Oil companies are like any other business, driven by demand and supply has been proven to be a fictitious myth. Secretly they're conspiring to keep the prices high by any means possible and it's leading to all sorts of financial disasters. Maybe once day the Government might actually start caring enough to rid petrol prices of unwarranted fuel excise taxes and the politically correct "emissions trading scheme" tax. Until then, stay put. All excuses have dried up. Hopefully the drought will hit the conglomerates where it hurts the most.

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