Oil companies 'feel shame over prices'

perthnow ^ | 3/23/08 | pethnow

[Flavius]

ARROGANT oil companies realised they'd "gone too far" and allowed petrol prices to fall over the Easter long weekend, says a leading motoring group. The NRMA claims petrol prices rose between 15 and 20 cents a litre on the Thursday before the Easter long weekend, reaching an average of about $1.50 per litre.

Oil to stay below $110 a barrel: OPEC Oil to stay below $110 a barrel: OPEC Competition Policy and Consumer Affairs Minister Chris Bowen dismissed allegations that drivers were being ripped off, saying the price hikes were part of the weekly price cycle.

But motoring group NRMA disagrees, arguing that the cost at the bowser soared above the average weekly price cycle.

"We used to see the normal price cycle as being four to seven cents over the week, lately it's gone up to 10 cents but we've certainly never seen 15 to 20 cents as we saw on Thursday,'' NRMA president Alan Evans told ABC radio.

Mr Evans said the powerful oil companies reacted to the pressure they received over the rising costs and have now brought the prices down.

"I think the oil companies felt the shame and the pressure that they've got from the media for the behaviour on Thursday,'' he said.

"I think they outraged the public by the amount they increased their petrol on Thursday - you know, 15 to 20 cents right in front of people's eyes was just too much to bear.

[Rembrandt]

“Survival of the fittest works and I have a feeling your complete stupidity with this comment to me is a reflection of who will and will not be rebuilding this teetering nation. Your type will continue stupidly calling Patriots communists while losing all assets and probably life in the process. Now onto talking with others whom have concrete ideas rather then clowns feeling their self-important to FreeRepublic.”
—
Ha!

I save multiple “ha’s” for good jokes; you are definitely a BAD joke.