Two weeks ago the price of petrol spiked at $147 USD a barrel, and petrol prices rose incredibly sharply accordingly.
Today, the price of crude has continued a week long dive, falling to $19UDS a barrel less, and what have we seen at the pumps? 4c a litre relief. So now at $128USD a barrel we are paying 4c a litre less than what we were paying at $147.
Bloody joke.