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Australia Australians are being short-changed by oil companies: NRMA

23:21  18 march  2020
23:21  18 march  2020 Source:   skynews.com.au

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Oil supply interruptions in the Middle East can be felt rapidly in import dependent countries such as Australia . 8 Australia ’s Liquid Fuel Security: A Report for NRMA Motoring and Services Australia 's transport energy resilience and sustainability Submission 18 - Attachment 1.

The NRMA says Australians are being short-changed by the country's oil companies as many fail to pass on drastic falls in the cost of fuel worldwide.

Despite Sydney's wholesale price dipping below $1 a litre for the first time in four years - the NRMA said one third of service stations were slugging drivers with an extra 60 cents.

The slash in oil prices has also been slow to reach regional communities.

The NRMA called on oil companies to reduce their prices immediately as Australians do it tough due to the coronavirus outbreak.

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NRMA Insurance is part of the Insurance Australia Group. Business address is Darling Park Tower 2, 201 Sussex St, Sydney NSW (can’t * National Roads and Motorists' Association Limited, ABN 77 000 010 506, trading as NRMA , is a separate and independent company from Insurance Australia

This is a list of countries by oil consumption. The total worldwide oil consumption was 93 million barrels per day (bbl/day) on average in 2015 according to the International Energy Agency (IEA).

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