Australia: Government’s 50c slug on petrol

THE country’s biggest fuel refiner, Caltex, says the Federal Government is getting about 50c on every litre of petrol sold to motorists.

Caltex yesterday revealed for the first time who gets what from petrol that goes through the pumps at service stations.


Managing director Des King told BusinessDaily: “We haven’t announced this before, but we make an average of 1.5 on every litre of petrol after all costs, whereas the government makes 50.

“If we made nothing on petrol the average price at the bowser would go down 2 a litre.”

Daily Telegraph