Fed: Watchdog's eye on petrol will lower prices over Christmas

AAP General News (Australia)
12-18-2007
Fed: Watchdog's eye on petrol will lower prices over Christmas

The NRMA says consumers will get a small reprieve at the bowser over the Christmas
holidays .. thanks to an inquiry into petrol prices.

But the motoring group says the ACCC's report has still left many questions unanswered.

The report's found no obvious evidence of price fixing.

But it's raised concerns about the operation of the unleaded retail market .. in particular
the imbalance in information consumers and retailers have about prices.

The NRMA's ALAN EVANS says extending the ACCC's power to permanently monitor petrol
prices will give some sort of Christmas present to motorists.

Mr EVANS says if that hadn't been done .. we would have seen a sharp increase over Christmas.

AAP RTV jb/rl/bart

KEYWORD: PETROL NRMA (CANBERRA)

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