The Editor

Sydney Morning Herald.                                                           September 6, 2005.  

So, Treasurer Peter Costello says the government can do little to cut soaring petrol prices (‘Oil producers must boost petrol production: Costello’, Herald, September 5)? 

Pointing to the constant federal excise tax take of $0.3814 per litre, good old uncle Pete furrows his brow, wrings his hands & says there is “no impact on government revenue even with high prices