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Old 14-01-2016, 08:27 PM   #421
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Default Re: Petrol Price crisis......

Price transparency is non existent, it's a sham pricing system that they never tell us how it really works.
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Old 15-01-2016, 06:10 PM   #422
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Default Re: Petrol Price crisis......

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Price transparency is non existent, it's a sham pricing system that they never tell us how it really works.
Pretty sure the way it works is, we bend over...... you get where its going

But seriously they basically just change the price as they feel like it.

And of course the ACCC and any other government agency gives no *******'s, or they just dont have any power to do anything.
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Old 15-01-2016, 06:24 PM   #423
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Default Re: Petrol Price crisis......

Ye I dont get why last year we saw petrol @$1.00 per litre and now this year crude oil is another 10 bucks lower per barrel but pump prices are still around $1.13.

Surely we should be paying sub $1.00 per litre???

One thing for sure is 2016 is going to be VERY VERY interesting for the worlds economies!!!
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Old 16-01-2016, 10:00 PM   #424
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Default Re: Petrol Price crisis......

Filled up Diesel at 99.9 a few days ago thinking I scored till I saw it for sale at another place for 97.9!!!!!
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Old 16-01-2016, 10:04 PM   #425
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Default Re: Petrol Price crisis......

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Originally Posted by CoolBFWagon View Post
Ye I dont get why last year we saw petrol @$1.00 per litre and now this year crude oil is another 10 bucks lower per barrel but pump prices are still around $1.13.

Surely we should be paying sub $1.00 per litre???

One thing for sure is 2016 is going to be VERY VERY interesting for the worlds economies!!!
Maybe if the two biggest supermarkets didnt control the nations two most popular petrol brands.
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Old 17-01-2016, 08:33 PM   #426
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Default Re: Petrol Price crisis......

Hmmm things might start to get more interesting now

Iran is now allowed to sell on the open market again as sanctions have been lifted
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Old 17-01-2016, 10:01 PM   #427
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Default Re: Petrol Price crisis......

IIRC the highest fuel got to when the the exchange rate was 50c to the $US1 was $1.51.

Now we are at $0,70 and il is $US46 for a barrel in Singapore.

We are being bent over royally on fuel prices and the regulator is powerless to prevent this complete and utter misuse of market power.
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Old 17-01-2016, 10:08 PM   #428
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Default Re: Petrol Price crisis......

I've been overseas with work for the past three months, whats the average price of fuel at the moment? has it taken a dive?
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Old 17-01-2016, 10:50 PM   #429
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Default Re: Petrol Price crisis......

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I've been overseas with work for the past three months, whats the average price of fuel at the moment? has it taken a dive?
Slight dive. Nothing spectacular, but a noticeable difference when you're filling up at the servo.
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Old 19-01-2016, 12:54 PM   #430
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Default Re: Petrol Price crisis......

Under a $1 a Gallon in the US (less than 27c a litre)

http://www.autoblog.com/2016/01/18/n...r-fuel-prices/
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Old 19-01-2016, 01:41 PM   #431
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Default Re: Petrol Price crisis......

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Under a $1 a Gallon in the US (less than 27c a litre)

http://www.autoblog.com/2016/01/18/n...r-fuel-prices/

Could be under a $1 per litre in Qld. soon?
http://www.abc.net.au/news/2016-01-1...=statenews_qld
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Old 19-01-2016, 03:02 PM   #432
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Default Re: Petrol Price crisis......

Fuel in Craigieburn (Melbourne) is 99.9cpl (with 4cpl discount). Been a long time since I've seen fuel under $1 per litre.......
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Old 19-01-2016, 03:26 PM   #433
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Default Re: Petrol Price crisis......

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Fuel in Craigieburn (Melbourne) is 99.9cpl (with 4cpl discount). Been a long time since I've seen fuel under $1 per litre.......
Fuel in NZ's at $1.67 (incl. petrol tax), which is the lowest I've seen in a very long time. I'm finally able to fill up a tank and not hit the triple digits!
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Old 20-01-2016, 01:10 PM   #434
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Default Re: Petrol Price crisis......

92.9c/l in Blacktown, Sydney according to the news. Wow!
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Old 20-01-2016, 02:24 PM   #435
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Default Re: Petrol Price crisis......

Tas price for diesel this week is around $1.20 litre.Granted that production costs have gone up but 3-4 years ago when the barel price was around$100 our fuel prices were around$1.60 per litre.Now when the barrel price is under.$30 we are still paying well over what we should be.
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Old 20-01-2016, 03:42 PM   #436
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Default Re: Petrol Price crisis......

How long will these sort of prices last?
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Old 07-02-2016, 06:23 PM   #437
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Default Re: Petrol Price crisis......

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How long will these sort of prices last?
Not long it seems.

Petrol in Melbourne has just spiked up from 95cents to $1.20 per litre over the weekend.

Somethings not right but i'm not sure what exactly that is?

Does anyone know why this latest spike has happened???
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Old 07-02-2016, 07:48 PM   #438
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Default Re: Petrol Price crisis......

At the price of 92.9 cents, what is the real price minus government taxes ect.
It would probably be around 50 cents.
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Old 09-02-2016, 12:42 PM   #439
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Default Re: Petrol Price crisis......

You blokes are lucky getting the $1 pl petrol. In Bendigo ive been waiting for it to drop down close to that, we havent gotten lower than 114.5
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Old 09-02-2016, 12:48 PM   #440
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Default Re: Petrol Price crisis......

Well $0.99 cents jumped to $1.19 on Saturday 30/01/2016 at my local and now arrrgggg
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Old 09-02-2016, 02:46 PM   #441
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Default Re: Petrol Price crisis......

Its all BS.

How can the same petrol in the servo tank cost 0.99 cents one day and the next day the price is $1.20. The tanker has not even come and filled the tanks yet, its the same petrol as yesterday.

I know the price cycle controls the price.
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Old 12-02-2016, 12:28 PM   #442
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Default Re: Petrol Price crisis......

WTI under $27 per barrel
Brent under $32 per barrel
Nymex under $28 per barrel
Tapis is at $32 per barrel
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Old 24-02-2016, 09:33 PM   #443
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Default Re: Petrol Price crisis......

Here in Tassie RACT have gone into an arrangement with United whereby RACT members will get 8c litre discount.This will be for 2 months mid March till mid May then the discount drops to 6 cents.I presume we will also still get our Colesworth 4c discount.If we get both we are getting back to a still too expensive 1.05 or so for diesel
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Old 24-02-2016, 09:45 PM   #444
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Default Re: Petrol Price crisis......

Seen 95.9 for the past week roughly here..
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Old 24-02-2016, 10:24 PM   #445
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Default Re: Petrol Price crisis......

Quote:
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Filled up Diesel at 99.9 a few days ago thinking I scored till I saw it for sale at another place for 97.9!!!!!
Filled up a few days ago, down to 91.9...
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Old 26-02-2016, 09:10 PM   #446
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Default Re: Petrol Price crisis......

Filled the car last night for about $70. A few years ago it was costing about 50% more to fill the same car.
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Old 26-02-2016, 10:12 PM   #447
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Default Re: Petrol Price crisis......

Filled up the krautmobil at 99.5cpl for BP 95, haven't done that in eons.
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Old 26-02-2016, 11:23 PM   #448
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Default Re: Petrol Price crisis......

This is a pleasant change from being bent over , i did see an article a few days ago where the ruskys and oil shieks where talking about limiting supply to bring the price back up, dont know what happened there ,
i could be wrong but i reckon if prices where to shoot back up to exorbitant levels they might actually shoot themselves in the foot, due to the current world economy, will have to wait and see.
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Old 27-02-2016, 09:20 AM   #449
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Default Re: Petrol Price crisis......

The Saudi's walked away from the discussion; full steam ahead!
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Old 27-02-2016, 09:32 AM   #450
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Default Re: Petrol Price crisis......

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It does vary.

We/I buy from either Caltex or Shell badged outlets, (not Woolworth's or any other, unless desperate).....
A mate manages a BMW motorbike Service department and they advise the customers against using Shell 98. He said BP is fine.
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