I am confused too.
How can they say it is deregulated. The price of fuel will now be decided by a group which includes government representatives and the bosses of the local fuel distribution companies. They will ensure the price set will enable the petrol companies to continue to make a "reasonable profit". What they believe to be a reasonable profit is anyone guess.
The price of diesel is set to drop. Who are the main users of diesel. Government and big business running their diesel machinery. So their fuel bill will go down and who will subsidise that?? The rest of us with higher fuel costs.
Sounds regulated to me. Or am I missing something.
Hey, but don't worry, my fair and just yearly pay rise will offset any further expenses......... Won't it?.........
J