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Skids
Quitting drinking will be one of the best choices you make in your life.
Joined: 11 Sep 2007 Location: Joined 3/6/02 . Member #175
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Post subject: The great fuel price rip off. | |
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Surprised this hasn't been brought up recently.
World oil prices are the lowest they've been in 12 months. Sure the AUD is around 68c, it was 72c at the start of the year, but fuel prices have remained high... why?
In January (when oil was the price it is today)this year, the average price of ULP in Perth was $1.65/litre. Today, the average price is $1.86.
Diesel was $1.64, today, it's $2.29.
Oil is currently US$76.28 a barrel. A far cry from the $120 it was in February and again in May, yet the price we're paying at the bowser remains inflated.
There has been little in the news about this blatant thieving, which is is a major driver of inflation. Why the silence? _________________ Don't count the days, make the days count.
Last edited by Skids on Sat Nov 26, 2022 11:25 am; edited 2 times in total |
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Skids
Quitting drinking will be one of the best choices you make in your life.
Joined: 11 Sep 2007 Location: Joined 3/6/02 . Member #175
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eddiesmith
Lets get ready to Rumble
Joined: 23 Nov 2004 Location: Lexus Centre
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I loved the fact when I was back at home recently the prices was generally 1.60-1.70 everywhere. Yet there were 8-10 petrol stations near each other all charging over $2 a litre, how can one small section be 40 cents dearer than the rest of the state? |
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lazzadesilva
Joined: 04 Feb 2003
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This disparity has happened for years Eddiesmith. In my many years of commuting from Bendigo to Melbourne, at times the price has been around 20 - 25 cents cheaper at either place. Could never work out why it was the case and why the price alternated between the two cities đ¤ đ _________________ I term the current Collingwood attack based strategy âUnceasing Wavesâ like on a stormy and windy day with rough seas. A Perfect Storm âď¸ |
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What'sinaname
Joined: 29 May 2010 Location: Living rent free
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I never understood how people donât understand the petrol price cycle. Do you understand how a Mars Bar can be $1 one week at Coles, $2 the next week and then $1.50 the week after, and then back to $1?
Is Coles ripping you off when they charge $2 in week 3? Or is $2 the retail price and the $1 is the discounted retail price?
If Woolies sell the Mars Bar for $2 when Coles has it at $1, is Woolies ripping you off? |
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Skids
Quitting drinking will be one of the best choices you make in your life.
Joined: 11 Sep 2007 Location: Joined 3/6/02 . Member #175
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The price cycle is easy to work out.
Why diesel is, on average, 30% more than what it was a year ago, with comparative oil prices is the puzzle. _________________ Don't count the days, make the days count. |
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eddiesmith
Lets get ready to Rumble
Joined: 23 Nov 2004 Location: Lexus Centre
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Yet the price cycle seems to be mostly out the window and itâs completely random.
Those 8 or so stations i mentioned earlier are always higher than anywhere else.
In Bendigo the prices barely move, there has been a 5-10c rise slowly over the last 2 months since Albo upped the costs but there is no cycle of up and down. |
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eddiesmith
Lets get ready to Rumble
Joined: 23 Nov 2004 Location: Lexus Centre
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lazzadesilva wrote: | This disparity has happened for years Eddiesmith. In my many years of commuting from Bendigo to Melbourne, at times the price has been around 20 - 25 cents cheaper at either place. Could never work out why it was the case and why the price alternated between the two cities đ¤ đ |
To me it seems at least over the last 4 years living in Regional Victoria there doesnât appear to be much movement in cycles so when Melbourne drops briefly itâs actually cheaper there than Regional but then Regional doesnât get the high spikes either.
I know when I was in Wodonga the closest petrol station rose about 4c over the entire year. |
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pietillidie
Joined: 07 Jan 2005
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Not to give the usual grifters an excuse, but IIRC refining can cause a genuine time lag. Victoria used to have a couple of refineries from memory (Altona and Geelong way??). What's the Aussie situation these days? Is it mostly refined overseas? Don't quote me, but I vaguely recall an article about China's zero-covid histrionics impacting refining. _________________ In the end the rain comes down, washes clean the streets of a blue sky town.
Help Nick's: http://www.magpies.net/nick/bb/fundraising.htm |
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Woods Of Ypres
Joined: 27 May 2003 Location: Yugoslavia
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I think Geelong still exists, but Altona is used for fuel importation now.
Most Aussie fuel is imported from Asia around 90%
We are probably getting ripped to some degree, but I don't think fuel prices can be correlated to oil price alone. you need to factor in production cost, shipping cost, retail costs etc. all have increased due to inflation.
also don't forget the fuel excise discount (22c p/l) was scrapped in Sept. |
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Skids
Quitting drinking will be one of the best choices you make in your life.
Joined: 11 Sep 2007 Location: Joined 3/6/02 . Member #175
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lazzadesilva
Joined: 04 Feb 2003
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eddiesmith wrote: | I know when I was in Wodonga the closest petrol station rose about 4c over the entire year. |
When in Wodonga, were you able to buy cheaper petrol from either state (NSW or VIC) depending on the price? _________________ I term the current Collingwood attack based strategy âUnceasing Wavesâ like on a stormy and windy day with rough seas. A Perfect Storm âď¸ |
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stui magpie
Prepare for the worst, hope for the best.
Joined: 03 May 2005 Location: In flagrante delicto
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watt price tully
Joined: 15 May 2007
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Sunday bought diesel in Sth Ballarat: $1.18 / litre
Melbourne prices: over $1:30 / litre. _________________ âI even went as far as becoming a Southern Baptist until I realised they didnât keep âem under long enoughâ Kinky Friedman |
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Skids
Quitting drinking will be one of the best choices you make in your life.
Joined: 11 Sep 2007 Location: Joined 3/6/02 . Member #175
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Perth today - most outlets have ULP around $1.60, diesel is $1.99. _________________ Don't count the days, make the days count. |
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