South Africans are venting as the price of oil reaches a new high



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DURBAN – This week the price of gasoline will be increased to a record price of R16 per liter.

According to the Ministry of Energy, from Wednesday 93 octane number will increase by 23 cents per liter and the price of 95 octane number will be increased by 26 cents.

In addition to gasoline, diesel and light paraffin prices will also increase. The price of diesel will rise to 24 and 26 cents per liter while that of paraffin will increase from 22 to 30 cents.

The Automobile Association (AA) said that the increase in the price of oil is worrisome but that it results from the weakening of the rand against the US dollar.

Here is a table showing that the price of gasoline and fuel has increased over the last 10 years:

Year Inland Coastline Tax on Fuel
] 2008 R6, 92 R7,16 R1,27
2009 R7.67 R7,90 R1.50
2010 R8 , 1965 R8, 27 R1.67
2011 R9.62 R9.92 R1.77
2012 R10.47 R10 , 1965 R1, 97
2013 R12,86 R13,23 R2,12
2014 R13,92 R14,33 R2 , 24
2015 [19659010] R13.34 R13.77 R2.55
2016 R12.86 R13.44 R2.85
2017 R12,37 [19659012] R12,86 R3,15
2018 R15,53 R16,02 R3,37

The Business Report descended into the streets to know to be the opinion of people on gasoline price increase, here is what they had to say:

Pr enola Naidoo

I think the price of the essence is obviously unfair. I understand that international relations have a huge influence on the price of gas, but our government needs to do more to ensure that the price of gasoline remains affordable for all consumers. In addition, a substantial portion of the price of gasoline goes to the RAF. But as recently revealed, the RAF has financial arrears. As a result, there was a waste of money on the RAF front. This has an impact on the price of gasoline. And the government should be held responsible.

Nomathemba Gudase

She says that with the increase in gasoline, her budget for the month will be affected. She said that it is difficult to buy food because the essence is so expensive. She added that with gas being so expensive it would be better to walk than to travel by car.

Nabeel Sheikh

"Nabeel Sheikh called the oil price increase ridiculous." "We are paying more than other countries for oil," Sheikh said.

Emily and Vanessa Baines

"The increase in the price of oil affects the poor most.The government must find a way to subsidize food or oil to make sure that the increase in gasoline has negative effects on the poor. "

Krish Shessiah [19659002] He said that with the increase in gasoline , things get tough with finances.He said that he ends up spending a lot of money for gasoline because he has two cars.

Zick Zulu

"The rise in the price of gasoline is ridiculous, the period between the last rise in the price of oil and this increase in the price of oil is very short."

Mubeena Hbadimbhai

"I do not understand that the increase in the price of oil and bread is even cheaper than the price of oil. this, but there is no salary increase for us even though the price of oil has gone up. Parliament must lower its salary.

Cedric Fredericks

"Ridiculous: our country exports fuels to other countries, the people on the ground will be the most affected. [19659070] – REPORT OF ACTIVITY ONLINE

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