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.
Furthermore, has anyone else smelt a rat since all three local TV news channels mysteriously suddenly stopped including oil and gold prices in the financial news sectors of the evening news?
This cartel of oil barons must be among the worst corporate thugs on the face of the planet. But how and why do they keep getting away with it?
