Quote:
Originally Posted by brightstar
I think some members should engage their brain before their mouth when discussing some aspects of pricing in Australia. Just about every retailer is very aware of overseas pricing and tries very hard to be competitive and match overseas price as closely as possible. REMEMBER, AUSTRALIA HAS A SMALL BASE FOR ASTRONOMY RETAILING. 
|
"Just about every retailer is very aware of overseas pricing and tries very hard to be competitive and match overseas price as closely as possible."
Not in the petrol industry. The Yanks are paying $3.33AUD for a US gallon. A US Gallon = 3.78 litres. The US is paying an average of $1.13 AUD a litre for petrol. Price parity my arse. Competition in petrol industry! More like cartels and collusion in the petrol industry.
Check this out from time to time, and see how much of a competitive world parity price we pay...
http://www.eia.doe.gov/oil_gas/petro...home_page.html