It is hard to believe Kiwis are such an apathetic bunch - even when we are being seriously ripped off.
A couple of months ago, before the US economic wobbles reached a climax, our unleaded litre oil price sat at $2.08. At the same time our dollar stood at US78c,
and West Texas crude at US$112 a barrel. These are the twin factors which dictate pump prices.
Today our dollar is worth US83c and the equivalent crude oil price is US$82 a barrel.
By my calculations the price should have come down by 26 cents but, at $2.03, it lower by just 5 cents. In fact our "friends" at Caltex, Mobil, BP and Shell just increased it by 3 cents.
Not a sound from the media, no one moaning on talkback radio and guess what, not a peep out of John Key's Government.
