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Message: <blockquote data-quote="Schwepps" data-source="post: 322335" data-attributes="member: 3592">MSport my bro, the pricing of petrol is not affected by whether it's imported or locally refined. Think about how petrol price is controlled. In 1983, the Govt introduced the Automatic Pricing Mechanism. Components of the APM are fixed: product cost (regardless what your actual costs are), overheads, oil co margin, dealer margin. The floating element is the subsidy, or vice versa, duty. The grades are fixed at 92 and 97 Ron. The govt plans to introduce 95 Ron next year, and reduce the subsidy for 97 through the APM.Meaning, it's all very tightly controlled. There is no leeway for oil companies to set pump prices as they wish. Therefore, for Shell to get an approved pump price for V-Power, they must show why the product cost is different, and we're not talking about additives here. You can't tell the Govt you're taking base UL97 and putting in a super-duper additive, so can you please sell it 45 sen dearer? Pricing of petrol is not flexible like that.So for product cost in the APM for V-Power to be different, it must be a different hydrocarbon formulation from UL97. It's a different fuel from Shell Super. :wink:</blockquote>