Future Fuel Prices

[HoldenMan7]

Hey

Thought i would start a post, of peope's opinions on future fuel prices, in the next year or 2 ???

[nicko]

i heard that petrol will be under or around $1.00 by christmas. im jst hoping that the find either a s**t load more oil or a new way of making cars go. im still not too fussed with $1.20 petrol now days.

nick

[vy_storm]

Go buy a crystal ball and stare real hard at it.

[Emackulation]

Go buy a crystal ball and stare real hard at it.

Lol!

I honestly don't think that petrol will come down to $1.00 ever again. I personally don't look at the prices of petrol, never did, never will, its a necessity so I find the petrol I want (98 Ron Premium) and I buy it.

After getting petrol and the pump clicks off, I always keep it held down and then lift the hose into my tank to let the remains in the line go into my tank. Poeple laugh at me, and someone even said "your not getting any extra by doing that" I just replyd "If you say so ".

[vy_storm]

Seriously though, when they have said it will go up, it has gone down and vice versa. Factors such as exchange rates, output decreases, industrial action, natural disaster all affect the going price and are things that they all use as excuses for the fluctuations. If you can predict all of that and more you would be one rich son of a b****.

[Not_An_Abba_Fan]

I'm waiting until they start using hydrogen. Taxis and buses use hydrogen in the US and Britain, have done for many years. It has a better energy efficiency than petrol and it will never run out. Engines can even run on both petrol and hydrogen.

[Cheap6]

It will be cheaper to buy in Aust. if the A$ stays high but it isn't going to get cheap again - too many people want the stuff. New discoveries may be made but they are likely to be in places where it is expensive to get to it.

[Cheap6]

I'm waiting until they start using hydrogen. Taxis and buses use hydrogen in the US and Britain, have done for many years. It has a better energy efficiency than petrol and it will never run out. Engines can even run on both petrol and hydrogen.

I doubt very much that we will see Hydrogen powered cars in any of our lifetimes - there is still too much development of the vehicles and infrastructure to be done. Then a whole system of infrastructure for design skills, manufacture, maintainance and repair, fuel distribution or generation has to be developed (and paid for).

Any substitution for oil based fuels will use existing infrastructure and systems, though perhaps not from the automotive industry eg. electric cars using technology transferred from consumer electrical items.

Biofuels? Yep, some.

Coal to liquid? Possibly if greenhouse emissions are ignored, but some processes for doing that can use virtually any carbon source ie. biomass.

CNG? Yep.

Increased efficiency with smaller, lighter vehicles? Definitely. Easiest and cheapest of the lot.

[AttaBoy]

From what i see is that it may never get under a dollar but may fluctuate between $1 and $1.50 or a bit more. If it ever reaches to $2 or over per litre thats mean a bike for me. i mean motor bike.

[Not_An_Abba_Fan]

Mercedes, BMW, Mazda, Honda...all run hydrogen fuel cell cars. I understand what you are saying about infrastructure, but with every new technology there is an expensive transition period initially. Long term benefits will outweigh any short term costs. A lot of organizations will be lobbying against a change because of the money invested in the oil industry.

Engines can be modified to run hydrogen now, just like the transition from leaded to unleaded, there are teething problems. It will also come down to mindset, how do you get a petrol head to became a hydrogen head...

[1991_Vn2nV]

Mercedes, BMW, Mazda, Honda...all run hydrogen fuel cell cars. I understand what you are saying about infrastructure, but with every new technology there is an expensive transition period initially. Long term benefits will outweigh any short term costs. A lot of organizations will be lobbying against a change because of the money invested in the oil industry.

Engines can be modified to run hydrogen now, just like the transition from leaded to unleaded, there are teething problems. It will also come down to mindset, how do you get a petrol head to became a hydrogen head...

Exactly... Also as for the infrastructure issues I doubt it will be THAT much harder than introducing LPG.

I believe Shell was rolling out hydrogen infrastructure in the states for those cars that already do run on hydrogen such as the BMW.

[sganro]

i cant see if ever going under $1/L again. Im with Mack, i dont worry about the price. Im not one to go searching for the cheapest fuel. I go to the closest servo to my house and fill up.

[Full Spectrum]

I still buy 98 ultimate fuel i pay around $1.20-$1.30 i don't mind that as i know i can get more km's to a tank, But with the Aussie $ going so well i was really expecting the fuel prices to drop, But it seems as the $ gets better the cost per barrel goes with it?.

[1991_Vn2nV]

I still buy 98 ultimate fuel i pay around $1.20-$1.30 i don't mind that as i know i can get more km's to a tank, But with the Aussie $ going so well i was really expecting the fuel prices to drop, But it seems as the $ gets better the cost per barrel goes with it?.

With crude oil sitting at $80US a barrel at the moment, we owe the strong Aussie dollar alot

[Not_An_Abba_Fan]

Well we are paying close to $1.40 a litre over here, actually I think it just went down to around $1.30. I don't really check the prices as I don't pay for the majority of my fuel anyway.

I think I am becoming a born again greeny, around my home I am changing as much as I can to have a green house. Rainwater tank, recycling grey water, growing as much as we can, worm farm. All sorts of stuff. Even looking at going solar for my shed, but I think there may be better alternatives. Still researching that bit.

[Tree cutter]

I think fuel prices will be as high as people are willing to pay for it. The fuel companies just keep raising the price until sales start to drop off and then lower it a bit to lure people back into buying it. If someone came up with an alternative fuel source that the oil companies could not discredit in any way, we would see petrol prices drop to well below a dollar in an attempt to keep people buying petrol.

[DND]

Theres only one way its going and that ^UP^

as you have seen over the years the AU $ dosn't do anything. Theres to many people making to much money from it to ever go down. history show petrol as never gone down and stayed down for long

[Not_An_Abba_Fan]

Paul Keating's bright idea to tie fuel excises to the CPI keeps it going up. Thank him for the high prices now.

[Full Spectrum]

With crude oil sitting at $80US a barrel at the moment, we owe the strong Aussie dollar alot

Very true blue.. Love to know what a price would be @ $65 a barrel

[=SKB=]

Love to know what a price would be @ $65 a barrel

The same. Think the petrol companies are gonna take a hit to their profits?

They do not lower prices unless they are forced to by the odd media report on gouging. Soon as that is forgotten, back up they go. I live in a town where prices go up on a Friday and back down on a Monday, up for one day on pension day (to burn the oldies before they go off and run into stuff for the day), then repeat the cycle.

What are you gonna do? Walk?

Could always buy a Scooter

[Full Spectrum]

The same. Think the petrol companies are gonna take a hit to their profits?

They do not lower prices unless they are forced to by the odd media report on gouging. Soon as that is forgotten, back up they go. I live in a town where prices go up on a Friday and back down on a Monday, up for one day on pension day (to burn the oldies before they go off and run into stuff for the day), then repeat the cycle.

What are you gonna do? Walk?

Could always buy a Scooter

Yes profit isn't everything for them........ I've stopped laughing now.

Tuesday is the cheap day for us, I used to walk.

[Sweetas_VT_SS]

People do heaps of whinging and whining about fuel prices, I know I do myself, more so if I fill up on a Thursday. But one thing we overlook is that for a non-renewable resource, petrol is very cheap. We usually pay more per litre for Coke for crying out loud!

[Cheap6]

Off topic again .

Mercedes, BMW, Mazda, Honda...all run hydrogen fuel cell cars. I understand what you are saying about infrastructure, but with every new technology there is an expensive transition period initially. Long term benefits will outweigh any short term costs. A lot of organizations will be lobbying against a change because of the money invested in the oil industry.

Engines can be modified to run hydrogen now, just like the transition from leaded to unleaded, there are teething problems. It will also come down to mindset, how do you get a petrol head to became a hydrogen head...

How much does the fuel cell cost compared to an ICE and how durable is it in comparison. Where will it be made? Who will fix it? Who will design it for use in a vehicle?

Where does the H2 tank fit in the vehicle? It has to be much bigger and much heavier than a petrol container for the same energy content. What happens to the H2 that has to be continually vented as the tank absorbs heat from the environment?

Exactly... Also as for the infrastructure issues I doubt it will be THAT much harder than introducing LPG.

I believe Shell was rolling out hydrogen infrastructure in the states for those cars that already do run on hydrogen such as the BMW.

How long has it taken for LPG to become an established fuel, even with excise concessions? And how widespread is its use? 5%? 10%?

LPG also uses much of the existing infrastructure for its production; it's a by-product of oil and gas refining/production, not totally new. LPG also can be handled at modest pressures and ambient temperatures, unlike H2.

How do you generate it? Using 'spare' grid electrical power? If you have to build extra power stations just to generate H2 that adds to the expense enormously. In terms of efficiency and even range, storing off peak electrical energy in a battery electric looks better too.

Generate it from natural gas, as most of it is now? Hugely expensive, highly energy inefficient compared to burning the gas directly in an engine and defeats the purpose of avoiding fossil fuel.

There are very significant issues with H2.

[Cheap6]

The same. Think the petrol companies are gonna take a hit to their profits?

They do not lower prices unless they are forced to by the odd media report on gouging. Soon as that is forgotten, back up they go. I live in a town where prices go up on a Friday and back down on a Monday, up for one day on pension day (to burn the oldies before they go off and run into stuff for the day), then repeat the cycle.

What are you gonna do? Walk?

Could always buy a Scooter

They charge whatever we/US/China/India/EEC are willing to pay.

[clyde]

fossil fuels are nessacary for us to live. like it or not you have to pay for it, but one day it is going to run out for good and there wont be ANY, no matter how much you are willing to pay. when it runs out i think that we are in pretty ****ed up situation if we havent come up with other ways to get around, by that stage. as for the price of petrol now, it will never come down again, only go up as oil gets harder and harder to find. also the price for a barrel of oil varies by dollars, the price per litre at the pump only changes by cents, so i dont really think that the price per barrel has that much effect on the price. and also all these inquiries that the goverment does into the price of oil is all a load of BS, the oil companies can charge what they want for oil, how can the goverment make them charge less? its stupid. if the oil companies dont like it, all they have to do is pack up and leave, then there will be no oil to buy.