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Consumers feel 'conned' by petrol price rise

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Cape Town - The latest petrol price hike announcement by the energy department has sparked a bitter war of words among Fin24 readers.

All grades of petrol and diesel will increase on Wednesday July 2.

Petrol (93 ULP and LRP) will increase by 29.0 cents a litre (c/l) and 95 ULP and LRP will increase by 31.0 (c/l), while the price of diesel will go up by 14 c/l.

The department said the increase in the prices of all the petroleum products is due to changes in international factors, namely, crude oil prices, the rand/dollar exchange rate and the prices of finished products.

Most readers blamed the government for the soaring petrol price.

"As usual we the consumers get robbed again," said Jamill Ahmed.

"This government will not stop until we are begging for mercy."

David Broadfoot shared this view. "Only us normal people feel the pressure. MP's are laughing."

Wayne Modz said that market factors should not be blamed for the rise.

"They must not blame the dollar," he said and instead wanted to know how much of the fuel price is government levies.

Kevin Sadie also dismissed the reasons cited for the price increase.

"There seems to be 101 excuses to increase fuel prices but no plan of action to drop it."

Cebo Hlope wrote in, saying that consumers are under pressure. "It is getting harder and harder for us consumers."

Monwabisi Lee Masoka wrote on Facebook that the government is "responsible for this cruelty".

Rodney Agulhas concurred saying "I feel that government is really draining our people".

"How can South Africans still live with this petrol prices," he asked.

 - Fin24

Disclaimer: The views of users published on Fin24 are their own and do not necessarily represent those of Fin24.

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