Diesel Cheaper Than ULP ?

CAMS290 · 05-02-2009, 10:00 PM

I would love to hear an explanation on why (all of a sudden) diesel has become cheaper than petrol.

I run a truck for a living and was used to seeing diesel being up to and over 30 cents per litre more than petrol.
Today i paid $1.15 cpl for diesel and the ulp on the next pump was $1.21 cpl.

The reason I was told then was "Diesel is more expensive to manufacture than petrol"

Now why the change, have they suddenly found a cheaper way overnight to manufacture diesel, or where the oil companies having a lend of us all this time ?

GK351 · 05-02-2009, 10:06 PM

I dont know what it is.
But im sure loveing it now.

3000 litres a month when it was at $1.75+ took about 10 years off my life.
Hopefully i regain them now.

CAMS290 · 05-02-2009, 10:11 PM

Quote:

Originally Posted by GK351

I dont know what it is.
But im sure loveing it now.

3000 litres a month when it was at $1.75+ took about 10 years off my life.
Hopefully i regain them now.

Yeah i agree, I am just waiting for some of these companies to drop their cartage rates, it has started already with the plant hire companies in Melbourne, one of the bigger ones has cut its rates already.

GK351 · 05-02-2009, 10:19 PM

Happening here in nsw too, not because the fuel went down, all becuase their is not enough work for every mud carter so everybody is prostituting the rates to get the work.
Not good at all but thats part of the game.

I would still like to see SUB $1.00L

CAMS290 · 05-02-2009, 10:25 PM

It will also throw some doubt on peoples purchasing a diesel car too, up until recently it was cheaper to buy and run a petrol car over the diesel version, ie Volkswagen Golf.

Now what ? The tables have turned yet again, but for how long ?

Mr Hardware · 05-02-2009, 10:41 PM

supply and demand fellas. Diesel is primarily used by industry, and in the current economic climate, industry is down. So petrol as a consumer fuel is largely unaffected (bit of a price drop due to oil) but diseasel is down big time. Supply and demand boys.

GK351 · 05-02-2009, 11:00 PM

Quote:

Originally Posted by CAMS290

It will also throw some doubt on peoples purchasing a diesel car too, up until recently it was cheaper to buy and run a petrol car over the diesel version, ie Volkswagen Golf.

Now what ? The tables have turned yet again, but for how long ?

I was still better off with my 07 diesel golf when diesel had peaked compared to petrol variants.

It could be that diesel car sales went up around mid 06-07 too.
That holden captiva flooded ads everywhere about how economical their diesel is.
Most others were euro imports so the aus govt mabye wanted to turn away potential new car diesel buyers back to local built petrol cars by lifting Diesel price

They cant fluctuate the price higher again now, they will have to deal with angry truck drivers and tight-*** diesel golf drivers.

I reckon it will go down to around 1.05-1.15/L

***Mrhardware***
If its supply and demand, why is it and always has been cheaper in euro and india?

Gobes32 · 05-02-2009, 11:51 PM

Euros tax it less to make sure people are in diesel cars.

5.0 ED · 06-02-2009, 02:22 AM

Yeah but why is petrol now $127.9 around here, $141.9 for 98 octane, at which i just went to 4 different servo's trying to get, what has everyone all of a sudden started requiring hi octane petrol?

aquahead2001 · 06-02-2009, 09:49 AM

Geelong 6 Feb 2009 07:30 am

ULP - $1.27.9

Diesel - $1.18.9

**buggerlugs** · 06-02-2009, 10:41 AM

bout bloody time it was cheaper...........

GS608 · 06-02-2009, 10:48 AM

because we're being ripped off with ULP, it should be about 90 something cents, making it cheaper than diesel.

When we asked the operator at Caltex why it was cheaper they didn't have a clue.

xbgs351 · 06-02-2009, 12:42 PM

Looks like I will be home and hosed with the Hdi that I recently purchased. It was still cheaper to run than a petrol car when diesel was 30 cents per litre dearer.

irlewy86 · 06-02-2009, 12:45 PM

Quote:

Originally Posted by Mr Hardware

supply and demand fellas. Diesel is primarily used by industry, and in the current economic climate, industry is down. So petrol as a consumer fuel is largely unaffected (bit of a price drop due to oil) but diseasel is down big time. Supply and demand boys.

All those Cat 777's parked up must be causing a glut in Diesel stocks

rag top · 06-02-2009, 12:47 PM

Quote:

Originally Posted by xbgs351

Looks like I will be home and hosed with the Hdi that I recently purchased. It was still cheaper to run than a petrol car when diesel was 30 cents per litre dearer.

Same here; and very happy with the torque from such a small motor

f6speedster · 06-02-2009, 12:51 PM

Diesel is cheaper to manufacture than petrol. Diesel does not require to be refined as much as petrol. The Govt has an exise/taxes on diesel that are different to petrol..that's why we cop it up the A!@#.

Just remember years ago when diesel was half the price of petrol. When diesel vehicle technolgy improved and more vehicles were being sold, the Govt had to cash in.