It pointed out that the price of petrol (ULP 95) in Gauteng, at R12.89/ℓ in April, would nonetheless be lower than the R14.39/ℓ in April 2014.
Meanwhile, the price of illuminating paraffin would increase by 36c/ℓ, while liquefied petroleum gas would increase by 85c/kg.
The RAF fuel levy was R1,04 and will be R1,53 p/litre of fuel.
Thus a R0,49 increase per litre
Now the Facts: By Omar Botha
The oil price has dropped by 10% from the 1st of March 2015 to the 23rd of March 2015.
Crude oil cost us R3,64 per litre on the 1st of March and now R3,30 on the 23rd of March
The fuel price on the 4th of March 2015 for 93 at Reef was R11,04 @ R3,64 per litre for crude oil
On the 9th of Feb 2015 the fuel price for 93 at Reef was R10,09 @ R3,05 per litre for crude oil
In April 2014 the fuel price was R14,38, BUT the crude oil was R5,76 per litre
In June 2013 the fuel price was R12,16 and crude oil was R5,27 per litre
How can government justify the R1,62 price increase for April 2015 as the oil price is 60% cheaper than in June 2013?
Below the Jan-Feb 2015 fuel price composition
COMPOSITION OF THE RETAIL PRICE OF PETROL AND THE WHOLESALE PRICES FOR DIESEL IN INLAND (GAUTENG) FOR THE PERIOD 07 Jan 2015 TO 03 Feb 2015 WILL BE AS FOLLOWS: |
|||||
| Inland Fuel Prices (Zone 9C) | |||||
|---|---|---|---|---|---|
| FUEL PRICE | Petrol 95 ULP | Petrol 93 ULP &LRP |
Diesel * 0.05%S |
Diesel *0.005%S |
Illuminating Paraffin |
| cent per liter | cent per liter | cent per liter | cent per liter | cent per liter | |
| Contribution to the basic fuel price (BFP) |
536.250 | 524.250 | 554.630 | 559.030 | 564.128 |
| Wholesale margin |
33.500 | 33.500 | 64.700 | 64.700 | 64.700 |
| Service cost recoveries |
30.000 | 30.000 | 30.000 | 30.000 | 30.000 |
| Storage, handling & delivery costs | 17.400 | 17.400 | 17.400 | 17.400 | 17.400 |
| Distribution cost | 12.600 | 12.600 | 12.600 | 12.600 | 12.600 |
| Router Differential |
- | - | - | - | 7.400 |
| Dealers margin(*) |
151.100 | 151.100 | - | - | - |
| Zone differential in Gauteng | 33.100 | 33.100 | 33.100 | 33.100 | 52.700 |
| IP Tracer levy | - | - | 0.010 | 0.010 | - |
| Fuel levy | 224.500 | 224.500 | 209.500 | 209.500 | - |
| Slate levy | - | - | - | - | - |
| Customs & excise duty | 4.000 | 4.000 | 4.000 | 4.000 | - |
| EQF Levy | - | - | - | - | - |
| RAF levy | 104.000 | 104.000 | 104.000 | 104.000 | - |
| DSML (Inland Demand Levy) |
10.000 | - | - | - | - |
| Petroleum Pipelines Levy |
0.150 | 0.150 | 0.150 | 0.150 | - |
| Subsidy from Equalisation Fund |
- | - | - | - | - |
| Incremental Inland Transport Rec Levy |
0.400 | 0.400 | - | - | - |
| Sub-total | 590.750 | 580.750 | 445.460 | 445.460 | 154.800 |
| Retail price | 1,127.000 | 1,105.000 | |||
| Wholesale price | 975.900 | 953.900 | 1000.090 | 1004.490 | 718.928 |
According to data from the Hydrogen Fuel Cell Partnership, the hydrogen fuel cell car segment in the United States, particularly in California, is experiencing a rebound and may be on track to achieve its best year ever.
Hyzon Motors will deliver two of its hydrogen-powered Hymax-450 prime movers to industrial gases company Coregas – and they’re believed to be the first hydrogen-powered heavy trucks operating on Australian roads.