James
MyGaming Alumnus
Sasol explains why our fuel is costing so much lately.
http://www.sasol.com/sasol_internet/frontend/common/flash/petrol_price.html
http://www.sasol.com/sasol_internet/frontend/common/flash/petrol_price.html
What SASOL failed to explain is how much it costs them to produce a litre of fuel with their CTL (coal to liquid) process. The whole point of this process was to free Apartheid SA from a rising oil price. I believe that they are only allowed to produce 25% of their fuel from coal. If that is still so, the 25% limit should be removed, and Sasol should be forced to sell its fuel at a lower margin.