NRMA calls for petrol price transparency.


The NRMA says there needs to be greater transparency on how petrol prices are set.
The association's president, Alan Evans, has told a Senate inquiry the cost of fuel is the main concern among members.
Mr Evans says over the past 18 months the increase in the price of petrol has outstripped the rise in the cost of crude oil.
He says petrol companies have a right to reasonable profits but not super profits at the expense of the Australian public.
"It is unclear to the NRMA how in the face of rapidly rising oil prices, the retail price of petrol has risen by more than the cost of crude oil to the extent that companies like Caltex and Exxon Mobile are announcing record profits," he said.
Mr Evans says petrol companies must be more open about the additional charges they include in the pump price.
"We say the margins have been increased around about 27.3 per cent over that period so they have taken opportunity to not only capture that price increase in crude but to add additional margins," he said.