Episode Details

Australian independent petrol stations are urging the government to intervene against major fuel wholesalers accused of hoarding and favoring their own sites. Spot market buyers are running dry, causing disruptions for miners and vegetable growers. Oil prices are soaring, with diesel surpassing three dollars a liter. The ACCC is investigating potential anti-competitive moves, and new laws could impose penalties of up to one hundred million dollars for price gouging.

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