Petrol Prices Protest July 14th

Culcie,

If one assumes that the wholesale price on the open market is constant worldwide, what explains the marked differences in retail price across economies? For instance, in my native town of Perth, Western Australia, retail price now is ca $1.28 (about 77cent). That is, is the price difference solely due to central authority taxes and charges?

Balga
 
Yes, simple as that, individual government duties and levies, and currency exchange factors
 
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