SOUTH AFRICA AGAIN TO BE BOMBARDED WITH ANOTHER HUMONGOUS FUEL INCREASE

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Article posted  by: White Nation correspondent Cape Town September 26   2017

 

 

SOUTAFRICA– FAILED LAND OF COMMUNIST ANC ORGANIZED CRIME ,LIBFARTS, UNION CHAOS , MISDIRECTED RAINBOW MONKEYS – AND WHITE GENOCIDE

 

 

 

 

WHILE scrupulous racketeers in the ANC illegal regime are plundering the country’s assets-  and adding increases to the fuel prices for their own benefits and royalties- South Africans again can brace themselves for yet another totally unnecessary onslaught from their corrupt regime against their wallets .

The price of all grades of petrol is set to increase by another 31.3 cents per litre as of next month. This is on top of 67c/litre increase on 5 September 2017. According to a statement released, the price of diesel, both 0.05% sulphur and 0.005% sulphur, is set to increase by 32.8c/litre. The price hike is due to rising crude oil prices. Brent crude oil prices have risen to $55.50 a barrel over the past two weeks because of the increased demand for it in the international market. Supply constraints of the members of the Organisation for Petroleum Exporting Countries and Russia have also exacerbated the situation.

Let’s take a look at the changes in the price of petrol this year:

Citing the latest information from the Department of Energy on Friday, independent economist Fanie Brink said that the price of gasoline 93 (ULP & LRP) in Gauteng could increase by 31.3 cents per litre next month, while the price of diesel with a 0.005% sulfur content could rise by 32.8 cents per litre.

Brink said that the average daily Brent crude oil price has risen to $55.50 a barrel over the past two weeks, mainly due to the increased demand for crude oil in the international market and the supply constraints of the members of the Organisation for Petroleum Exporting Countries and Russia. “The higher crude oil price has resulted in sharp increases in the average international prices of petroleum products, which could cause possible increases of 43.3 cents per litre in the gasoline price and 44.8 cents per litre in the diesel price,” he said. But WHAT is NOT said by these gurgling rambling “economists”– is the exuberant unnecessary hidden government “levies” and “royalties” added to the petrol price which consists about HALF of the price itself. Further-more are the fact that the ANC (Tina Joemat Petersen et al) unlawfully stole and squander South Africa’s oil reserve assets and sold it for the ANC’s personal gain. Also hidden in the petrol price is the SANRAL conspiracy.

The economist noted that while the daily average dollar/rand exchange rate has strengthened to R/$12.75 over the past two weeks, it has since weakened again to R/$13.12 –  but it will, at this stage, lower both the gasoline and diesel prices by 12 cents per liter. The final price changes will be announced by the Minister of Energy towards the end of September. A survey conducted by insurer 1Life in August showed that South Africans are struggling financially, with high levels of debt putting pressure on households and leaving little room for monthly expenses. The group conducted the survey in July, testing consumers’ understanding of saving and financial responsibility.

Addressing the survey results, 1Life said that despite knowing how important saving is – respondents are struggling to save even the minimum each month. Half the respondents indicated that they could only save less than 5% of their monthly income, while a high number said that they depend on a credit card to ‘get by’ each month. The survey also revealed that a significant proportion of South Africans have had to use other methods – loans, store credit – to cover costs. Only 15% of respondents indicated they could save more than 10% of their income each month.

1Life’s research suggested that, while 77% of respondents have a monthly budget in place, high levels of indebtedness indicates that financial planning is simply not working. Additional research by the insurer put South African debt levels at around 72%. “This indicates that for every R100 a person earns, R72 goes towards debt, leaving little room for monthly expenses and tangible financial obligations – let alone inflation,” the group said. This echoes sentiments from debt counseling company, Debt Rescue, which recently said that there has been a marked increase in the number of consumers seeking relief by going under debt review since the start of the year.

THIS is an age-old tactic from scrupulous regimes- loading all their debt onto the petrol price. It will not only be the prices of petrol that rises- but across the consumer board all commodity prices will rise. It is clear that in an attempt to shift the blame onto the consumer again- “Financial” companies now try to brainwash the already over-taxed consumer to stop making debt. This is good advice- but the question is just HOW can you keep on living on the bare necessities if your government and the Jewish Cabal in the Reserve Bank keep on pushing prices to such levels that the normal man in the street cannot survive on his meager salary anymore? The conspiracy is that they are continuously increasing petrol prices in order for the normal consumer NOT to make ends meet- which forces him/her to take out bank loans and credit- which again leads to scrupulous financial loan sharks to add astronomical interests on that loans. This way the Reserve Bank, banks and capital shooters make huge profits from an already cash-strapped  dying nation again. The fact is this regime feel nothing for their populace- and keep on stealing the food from the plates of their children at the petrol pumps. South Africans should be paying HALF for petrol than what they now are forced to pay. It’s an evil circle- and to find the culprits reaping the all the benefits from this misery- you just have to follow the money-line. 

 

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