Attorney Michael de Broglio on: South Africa, Law, Politics, Attorneys, Sport, Photography, Technology, Gadgets, Media, Crime, Road Accidents Fund,
Divorce, Maintenance, Personal Injury, Medical Negligence
The price of petrol is stabilizing. The price of unleaded 95 petrol is R12,89 at the moment and it looks like we are heading to a drop of about 14 cents per litre in May. It will depend on the basic fuel price as well as the exchange rate in the last week of the month. The currency obviously has a huge impact - although it is sad to say at around R12,00 to the Dollar, has been relatively stable for the month. It was after all R6,50 to the Dollar only 7 or 8 years ago and if it was that strong now we would be paying considerably less. We are still fortunately below the peak petrol prices of R14 that we saw a year ago but I do think at some time in the future we will see international prices go up and if that is combined with a weak rand R14 and even R15 a litre will be breached.
Posted by Michael de Broglio on Wednesday 29-Apr-15
Post a Comment
Comments
Zindy said:
on Thursday 07-May-15 07:28 AM
Doesn't bother me anymore jumps up and down all the time, actually just annoying now.
Tersia said:
on Wednesday 06-May-15 11:49 AM
It's not even a shock anymore to hear that it will be increasing, always lovely to hear that it will be decreasing but it's never for a lot. Just best to get used to it and to customize your living now with everything that will be increasing.
Marisa said:
on Wednesday 06-May-15 11:25 AM
I really cannot keep up with the petrol prices changing every 5 minutes, it is so much harder if you live alone and have to buy food and put in petrol to get to work, one of these days we will be working just for petrol money and a packet of Simba chips.
Ashleigh said:
on Tuesday 05-May-15 04:52 PM
It was so awesome when Petrol was at R10.00 a Litre in December. Petrol also increases all other necessities that a household needs and life is just becoming too expensive. I agree with Michelle, soon we won't be able to go anywhere and have fun because it will be just too costly....
latoya said:
on Tuesday 05-May-15 04:50 PM
I am so tired of the petrol going up and down, Petrol is very expensive, but what else can we do,We need the transport to get to work and going to other personal places.And another thing places is Gauteng is very far from each other so suck it up guys and as Charlotte said cut down on the Goodies :)
Mathilda said:
on Tuesday 05-May-15 04:14 PM
Same old same old ..I just want to know when its decreasing then I'm happy :)
Cornelie said:
on Tuesday 05-May-15 03:07 PM
Can't they put some sort of a technology device in our cars not to use petrol, I know about the new cars that's coming out that you recharge but instead of buying a new car they must do something with the existing cars.
Michelle said:
on Tuesday 05-May-15 02:06 PM
The more petrol goes up the less luxury`s. One of these days I will never leave my house
Alexis said:
on Tuesday 05-May-15 02:02 PM
I am so tired of the petrol price - how much one can afford. We have survived it before, I suppose we shall survive it again
Helen said:
on Tuesday 05-May-15 01:16 PM
I really hope that petrol price will just stay the way it is now, not jump up and down, last year this price was changing every month that was the reason why prices on other things went up specially food becoming very expensive today.
Thabitha said:
on Tuesday 05-May-15 12:50 PM
When comes to petrol prices we see changes almost every month
Lizanne said:
on Tuesday 05-May-15 12:12 PM
What is new. Up..down..up...down..no one can ever keep up with that.
Sarah said:
on Tuesday 05-May-15 12:10 PM
Petrol goes down but the food prices still stay the same but when petrol increasing the food prices increasing.
Angelique Jurgens said:
on Monday 04-May-15 12:23 PM
I guess there really is no point in complaining, like Charlotte commented: Cut down on those luxuries!
Bianca said:
on Monday 04-May-15 09:48 AM
The petrol price drops and then increases, it is just the way that the cookie crumbles. I was very relieved to hear that there will be no increase this month at least. Petrol unfortunately is a necessity and there really is nothing that one can do if the petrol price rises. The only solution is to lower your budget for luxury items.
Sinead said:
on Monday 04-May-15 09:14 AM
It's just going to keep increasing and decreasing... Every month it changes. Whether up or down, something is happening.
Liesl said:
on Monday 04-May-15 09:12 AM
Although we know when the price of petrol drops its inevitable that it will increase again and normally the increases add up to be being more than what the initial decrease was but I still value those short breaths of air that we are given now and then, even if only for just a moment it helps.
Daria said:
on Wednesday 29-Apr-15 03:57 PM
The price of petrol is already shocking whether it is dropping or increasing. If they drop the petrol price something else will go up. so in the end its all the same.
Charlotte Harding said:
on Wednesday 29-Apr-15 01:24 PM
I think that we're so used to the petrol price dropping and increasing, that at the end of the day it makes no difference. We've been used to paying high prices for everything nowadays. Guess we need to cut down even further on luxuries.......
Lourien said:
on Wednesday 29-Apr-15 09:50 AM
I have to say you quickly get used to a price drop, as it certainly makes a hudge difference in a tank of Petrol every month. I can just hope that the price would come down again and that our Rand would strenghten.
Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!
