Here the ACCC provides information regarding the 'price cycles' of fuel in major cities. This gives both suppliers and consumers more information about pricing - does this fact contribute to more competitive markets? There is other information which is very useful regarding the 'determinants of price in this market:
http://www.accc.gov.au/content/index.phtml/itemId/280309
Fuelwatch was an initiative in Western Australia to reduce producer sovereignty and potential for pricing strategies which were unfair for consumers. You can learn a great deal through this little resource:
http://www.fuelwatch.wa.gov.au/info/dsp_petrol_prices.cfm
Our economy may be slowing, but there is still inflationary pressure. This article discusses some recent figures and the affect of an increasing fuel price:
http://www.abc.net.au/news/stories/2009/03/02/2504819.htm
OPEC will continue to play with Supply to affect the price of oil and ofcourse petrol, notice the expectations of a reduction in supply in response to lower prices in Singapore:
http://www.theaustralian.news.com.au/story/0,25197,25166480-12377,00.html
Here's an interesting discussion about good politics and bad economics relating to fuel prices: http://www.theaustralian.news.com.au/story/0,25197,23765241-5013868,00.html
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