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meldungen aus dem exil ….. in turning the page ..... 12 hours 37 min ago
Murdoch can only win now by our giving in to foreign powers. in the wilkie factor... 12 hours 39 min ago
low water level in the amazon in cause and effect in a flux system... 13 hours 55 min ago
Russian seed bank under threat?... in biodiversity versus big bucks... 14 hours 27 min ago
one customer is not right, necessarily... in of art and full frontal... 14 hours 58 min ago
extinction looming... in biodiversity versus big bucks... 16 hours 25 min ago
tony blames brown for being a pisspot... in memoirs of a spinner... 16 hours 37 min ago
not hopeful bother... in fantasy land 16 hours 47 min ago
furphy by murphy helped the baby libey... in absolute transparency ..... 19 hours 24 min ago
persistent chlorofluorocarbon... in cause and effect in a flux system... 21 hours 30 min ago
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petrol heads .....
Federal Liberal frontbencher Joe Hockey says petrol prices will always be lower under a Coalition government.
Mr Hockey says Opposition Leader Brendan Nelson's pledge to cut fuel excise by five cents a litre will guarantee lower prices for motorists.
'Five cents a litre is important when it comes to petrol prices for Australians,' he told ABC 1's Insiders program this morning.
'We can legitimately and will run the line that petrol will always be cheaper under the Coalition than it will be under the Labor Party.
'We're not going to watch fuel prices, we're going to do something about them.'
Labor has criticised Dr Nelson's excise plan, but has now confirmed its tax review will investigate whether the GST charged on top of the petrol excise should be scrapped.- By Gus Leonisky at 27 May 2008 - 10:51pm
- Gus Leonisky's blog
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sniffing petrol?...
Oil hits record high despite 'Saudi pledge'
Crude oil has rocketed to a record high of almost $US140 a barrel despite news that Saudi Arabia is ready to raise output to help cool soaring energy costs for consumers.
New York main oil futures contract, light sweet crude for July delivery reached $US139.89, beating its all-time high of $US139.12 recorded on June 6.
New York's main contract later pulled back to stand at $US138.60, which was still a gain of $3.74 compared to Friday's closing level.
Meanwhile Brent North Sea crude for August delivery struck a life-time high of $US139.32 on Monday (local time). Later, in afternoon London trading, Brent was at $US138.21, up $3.10..
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Rudd and Bush "pleaded" with the Saudis to output more oil... The opposition here said this "demand" was contrary to market forces "philosophy" or such. The Saudis seeing some ill-wind in the horizon agree to the request "in a few weeks" and the price still goes through the roof...
Are the traders sniffing petrol fumes?... Sure.