Page 678 - Week 03 - Tuesday, 12 April 1994

t. 4:

(1) Change in West Texas Intermediate (VVTI) crude prices from 1 September 1993.

WTI WTI

Date US BBL* Exchange $A BBL

1 Sept 1993 17.85 0.6675 26.74

25 Feb 1994 1450 0.7185 20.18

Change -3.35 !-6.56

*Source: Platts Global Alert

(2) Change to PSA Maximum Endorsed Wholesale Price for Shell in Canberra Since

1 September 1993

Super Leaded Petrol - Shell (cp11 ;

j 1 Sept 1993 25 Feb 1994 Change

Base Maximum Before Excise 32.13 27.34 - 4.79

Excise Duty 2956 31.75 +2.18

ACT Franchise Fee 6.53 7.04 + 6.51

Maximum Endorsed Price 68.23 66.13 - x.10

0 A reduction of 4.79 cp1 in petrol price is, equivalent to around $A7.60 BBL.

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