Fuel Costs - South Africa
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Every first Wednesday of every month the fuel price
goes up, occasionally coming down. Fuel prices has gone up by 25% in any
given month - to give you an idea of possible inflation. Petrol basically
used to cost about US$ 0,40/l ; now costing US$ 1,22/l. But in ZAR the
fuel price currently (1st week June 2008) stands at R9,83/L.
(1 US$ = ZAR 7,66) On 2 May 2007 it was at R7,01/L.
(1 US$ was then ZAR 7,03) In June 1999
the price was R2,23/l. Look at http://www.dme.gov.za/energy/liquid_prices.stm
, and you will see the basic fuel price is R5,78/L of R9,33/L, or 60%
of the streetprice. The rest are taxes, levies, margins and delivery.
The tax is R1,27/L and customs 0,04/L, 14% of the user end price. Also look at Inflation |