It's all about profits, all these price increases come from whatever company making sure that it makes more money than it made last year and so on. None of them will accept a dent in their profits, they don't take on any of the extra cost to them they just pass it all on and more the customer.
I know it's the way of the world is but it's hard to accept when you see the price increase, hear the managing director or whoever say, "ah, it's because the cost has gone up for us, blah, blah, blah" then later on read some where about record profits, again.
If things keep going the way it is the government will have to do something because it will just get to expensive to live, let alone drive to work, transport goods, etc, etc.
For fuel costs there is the problem that it’s gone so high and keeps getting higher the harder it is to bring the price back down to anything like a reasonable level.
Unless the fuel companies take on more of the cost increase it’s never going to go down, it will just keep rising.
...also, biofuel is not the answer, that would just create and whole set of different problems.