Fuel Prices

fairBA · 11-04-2011, 08:34 PM

Just before everyone starts blaming the holidays for high fuel prices, have a read at the 'real' reason - (then blame the holidays)

http://www.brisbanetimes.com.au/busi...411-1dasn.html

**DJM83** · 11-04-2011, 08:42 PM

Any excuse

TheZHLANE · 11-04-2011, 08:45 PM

Thieves

Mr Hardware · 11-04-2011, 08:49 PM

lols, petrol

Franco Cozzo · 11-04-2011, 08:51 PM

When you think about it, is fuel really that expensive?

Compare it to the price of spirits or smokes.

**DJM83** · 11-04-2011, 08:52 PM

Quote:

Originally Posted by Big Damo

When you think about it, is fuel really that expensive?

Compare it to the price of spirits or smokes.

Exactly, i get sick of the monthly fuel prices thread. Gotta have it stop whinging if you cant afford the fuel you cant afford the car

Ford_The_Win · 11-04-2011, 08:54 PM

Petrol is nearly $3 a litre in Ireland...maybe my ancestors had more forethought in leaving than I realise...not complaining.

prydey · 11-04-2011, 09:00 PM

many people can't do the maths and think they are getting a massive saving when they notice a servo 6cpl cheaper than the one up the road. the amount of times you see cars banked up in a servo because they are a few cents cheaper.... on average thats about $3 a tank. if you assume many people don't fill their tanks but just put $20 in (example) then they are queuing up for a massive saving aren't they.

ultimate is always about 10-15cpl dearer but i'm happy to spend that $10 extra.

TheInterceptor · 11-04-2011, 09:01 PM

This is why im going to chuck in a deisel and run on vege oil for free or very cheap.
I dont think LPG on a carby motor is very safe?

But for now, premo is fine with me.

benoxr · 11-04-2011, 09:06 PM

I do get sick of the crap they keep spewing out. They dont even try to hide the fakeness of their excuses anymore. They are "worried" about it and there is "potential" for disruption to supply. Not that there IS any disruption to supply at all, just that they are worried.

Next they will say they are "worried" about too many oil riggers taking sickies on the same shift so due to the "potential" for supply disruption, better put the price up.

Does this mean that all other oil producing nations are producing at maximum levels already, and therefore cant cover any supply problems from Libya - c'mon.
But the fact remains, if I rely on their product and whatever price they say, guess I better suck it up.

vztrt · 11-04-2011, 09:07 PM

Quote:

Originally Posted by Big Damo

When you think about it, is fuel really that expensive?

Compare it to the price of spirits or smokes.

Like petrol they're heavily taxed.

Ben73 · 11-04-2011, 09:54 PM

Quote:

Originally Posted by Big Damo

When you think about it, is fuel really that expensive?

Compare it to the price of spirits or smokes.

I don't smoke and I only drink very limited amount of spirits a year.

Yeah petrol is not that expensive, but It should be much cheaper if it wasn't taxed so much.

Less then 1.30 for E10 and I am happy.

Franco Cozzo · 11-04-2011, 10:00 PM

If you want the tax on petrol to come down, start smoking more, drinking more alcohol and get lots of minor speeding fines from speed cameras, then maybe the tax might come down.

The only "tax" on petrol is GST, the others are excises ;)

The best ones is when someone goes into the petrol station, OH MY GOD ITS $X A LITRE!!!!!

PROFITEERING! THE OIL COMPANY IS RESPONSIBLE FOR THE SKY FALLING!

Then they go and buy a 600ml bottle of coke for like $5 to get "4 cents a litre off INSTANTLY!". Even though it doesn't save you $5 on the tank of fuel.

vztrt · 11-04-2011, 10:03 PM

Quote:

Originally Posted by Big Damo

The only "tax" on petrol is GST, the others are excises ;)

I guess the carbon tax would have gone down better if they called it an excise then.

XRGhia · 11-04-2011, 10:07 PM

Quote:

Originally Posted by Mr Hardware

lols, petrol

gotta love gas

Franco Cozzo · 11-04-2011, 10:09 PM

Quote:

Originally Posted by vztrt

I guess the carbon tax would have gone down better if they called it an excise then.

I'm pretty sure that was the reason the government gave for having +10% GST ON TOP of the how many cents per litre excise on fuel.

But thats Politics and I don't have anything to do with that.

93EB_SXR6 · 12-04-2011, 12:24 AM

I'm beginning to think its time to convert to LPG (I know it'd be easier to buy a car thats already on LPG).
My mother's car (VS commodore) is on gas and it works really well, my brother had a Fairlane many moons ago (equivelant model to XF) and it was alright on gas, then he had an EB on gas that had done about 450,000km on it...
His current BAII ute doesn't have it but he's a tradie so he gets something like 70-80% rebate on his fuel IIRC.
It seems like a good idea to me.

BHDOGS · 12-04-2011, 02:31 AM

what i understand Saudi Arabia upped its oil supply to compensate for the loss of libyas oil like the same week it happened Libya barley supply any oil at all and most of it was to Europe anyway.

prydey · 12-04-2011, 08:47 AM

often, people who whinge about fuel, are the same ones who have no trouble justifying the latest 60inch lcd, or the latest phone on a $100+/month plan etc etc.

obviously thats a very general statement and not directed at anyone on here.

i just don't get the whole whinge about price thing. its just another bill really.

atec77 · 12-04-2011, 09:12 AM

Quote:

Originally Posted by BHDOGS

what i understand Saudi Arabia upped its oil supply to compensate for the loss of libyas oil like the same week it happened Libya barley supply any oil at all and most of it was to Europe anyway.

When you examine the base oil price at just a few cents , even with tax excise and profit after refining some one is making a great deal of money on market specualtion , petrol costs less than 50% of the pump price but of course the tax/excise is a government advantage that they wont reduce being in the billions

geckoGT · 12-04-2011, 10:00 AM

Quote:

Originally Posted by DJM83

Exactly, i get sick of the monthly fuel prices thread. Gotta have it stop whinging if you cant afford the fuel you cant afford the car

I see your point but then around here you have the situation that if you decide to get a smaller fuel efficient car due to the running costs, people criticise your choice because you are getting a "hairdressers car". How do you win? Personally, the typhoon is going and a more fuel efficient car is coming, sick of spending $100 a week fueling one car. That is what is killing the Aussie large car market.

RedHotGT · 12-04-2011, 11:44 AM

Pardon my complete ignorance to this....

But - how does "The potential threats to oil supplies from the Middle East and North Africa remains the key driver of near term prices."

Perhaps I'm being a little simplistic - but there has been a war going on in the middle east since... well... as long as I can remember...
So - if there are 'threats' to the oil supplies... then take out the threats?? The Americans have spent trillions of dollars on the war(s) in the middle east... They can't take care of these threats???

And - I can't recall many suicide bombings taking place at oil drilling sites... or for that matter.... i've never heard of the ships carrying the crude being sunk...

Those who are drilling for crude oil... do they just jack the prices up for the fun of it?? Or why can't the refineries who buy and refine the crude then call their bluff.... stop buying the crude for a month... and see what happens to the prices then??

If this was a general product in the domestic market - it would have a completely different outcome...

SO - i'm confused...

ALSO - lets say for instance that you use 60 litres of petrol a week and pay $1.50 a litre ($90.00) It costs you $4680.00 a year to fuel the car...

Again simplistic... Go and buy a car that is $5000.00 cheaper than you planned... and you don't have a problem... ie: You're looking and committed to spend $40,000 on a car??? Well spend $35,000 and don't complain about the petrol all year!!! Sure - you've got the future to worry about... but your first year of petrol is paid for (as you were already going to spend $40,000) and this will give you a head start on saving...

OR - buy a pushbike...
Either way...

geckoGT · 12-04-2011, 11:55 AM

Or buy a car that fulfills you needs and costs half as much in fuel for the 4 years you plan to own it. That $10k saving in fuel over the 4 years means you can buy the car with more features and creature comforts and you can enjoy it more than you would a lower spec car.

By the way, if you can work out a way to sort out the middle east, you will be very wealthy, no one else can.

Perhaps a little simplistic.

irlewy86 · 12-04-2011, 02:31 PM

Quote:

Originally Posted by loftie

...
And - I can't recall many suicide bombings taking place at oil drilling sites... or for that matter.... i've never heard of the ships carrying the crude being sunk...

..

Nobody wants to be the terrorist that blows up a gen set or 2 man donga.

phillyc · 12-04-2011, 02:37 PM

Quote:

Originally Posted by GeckoGT

Or buy a car that fulfills you needs and costs half as much in fuel for the 4 years you plan to own it. That $10k saving in fuel over the 4 years means you can buy the car with more features and creature comforts and you can enjoy it more than you would a lower spec car.

Go the EcoLPi Falcon mid year!

**DJM83** · 12-04-2011, 06:14 PM

Quote:

Originally Posted by geckoGT

I see your point but then around here you have the situation that if you decide to get a smaller fuel efficient car due to the running costs, people criticise your choice because you are getting a "hairdressers car". How do you win? Personally, the typhoon is going and a more fuel efficient car is coming, sick of spending $100 a week fueling one car. That is what is killing the Aussie large car market.

Yeah spot on Lynton, although i couldnt really care what people think of my hairdresser's car really (Im sure you and many others are the same). The choice was simple when buying my XR5, do i want to work to pay for a car? Answer was no so the Focus won out.
Ill never buy another Aussie car again anyway.

The G6ET Spot · 12-04-2011, 06:36 PM

Quote:

Originally Posted by Big Damo

The only "tax" on petrol is GST, the others are excises

What do you think an excise is. Just another way of saying TAX.

Quote:

Originally Posted by vztrt

I guess the carbon tax would have gone down better if they called it an excise then.

No, they are going to take it very easy on us all and make it a levy instead.

vztrt · 12-04-2011, 07:01 PM

Quote:

Originally Posted by The G6ET Spot

No, they are going to take it very easy on us all and make it a levy instead.

Oh well that's ok then as Damo says its not a tax unless they use the word tax

geckoGT · 12-04-2011, 07:53 PM

Quote:

Originally Posted by phillyc

Go the EcoLPi Falcon mid year!

Unfortunately that fulfills none of my criteria so fuel efficient or not, it is not in the running.

The only way for me to get the fuel efficiency that I want (for example < 8L/100km), great handling in the twisty roads that don't require illegal speeds to have fun and have a lot of creature comforts, I have to downsize the car.

The choice is made after searching through everything that is available, now just working on the finance side of things.

I remember not too long ago someone predicted ULP at $1.50/L by the end of this year, today I saw it at that price. Now the prediction is $2/L by the year end. Lets say the fuel goes up just $0.50 per year over the next 4 years, that equates to $6250, $7812, $9375 and then $10937 for each consecutive year. Plus there are more costs such as more expensive tyres, rego, insurance etc.

It is a very large reason to give the large cars the flick when I can pay half those fuel costs with a smaller car.

**Mesa** · 12-04-2011, 08:53 PM

Doesn't explain why people in Maitland are paying on average up to 20c more a litre more than those 15 minutes away in Newcastle. Truth is we're subsudising cheap milk.