CAC Survey Finds High Petroleum Retail Mark-Ups! adminstush January 24, 2015 Special, Suss THE CONSUMER Affairs Commission (CAC) has produced evidence that a large number of retailers in the petroleum trade have not been passing on price reductions to motorists in line with the price cuts given to them by the state-owned oil refinery, Petrojam. A recent CAC National Petrol Price Survey indicates that the prices at the pump now attract a “notably” high mark-up. Retailers have increased their mark-up from an average of 13 per cent, in the past, to 21 per cent, today, the survey highlighted. #YourThoughts? Are retailers #SlowToChange or just plain #Gouging? Leave a Reply Cancel ReplyYour email address will not be published.CommentName* Email* Website Save my name, email, and website in this browser for the next time I comment. Notify me of follow-up comments by email. Notify me of new posts by email.