Petrol Prices under Labor

Now that Labor have been sworn in and Kevin Rudd has the chance to set about governing the nation, we have a current situation where against a strengthening Australian Dollar against the U.S dollar, we have the highest Petrol Prices that we have seen in Adelaide and this is being repeated across the country.
What then will Kevin Rudd and Labor be doing about this? The ramping up of Petrol Prices adversley affects inflation and ultimately interest rates, which is something Labor made as a campaign point. I hope then that Rudd is not planning to simply do nothing at all which is what seems to be the case at present.
If Rudd really is fair dinkum about what he has promised, then lets see a cut in Petrol tax to offset the losses that people are currently having added to their family budgets. Yet dont hold your breath waiting for it, as reality might well soon be about to set in!
What then will Kevin Rudd and Labor be doing about this? The ramping up of Petrol Prices adversley affects inflation and ultimately interest rates, which is something Labor made as a campaign point. I hope then that Rudd is not planning to simply do nothing at all which is what seems to be the case at present.
If Rudd really is fair dinkum about what he has promised, then lets see a cut in Petrol tax to offset the losses that people are currently having added to their family budgets. Yet dont hold your breath waiting for it, as reality might well soon be about to set in!