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Thread: Petrol Price Issues

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    Default Petrol Price Issues

    It Has Been Calculated That If Everyone In Australia Did Not Purchase A Drop Of Petrol For One Day And All At The Same Time, The Oil Companies Would Choke On Their Stockpiles.

    At The Same Time It Would Hit The Entire Industry With A
    Net Loss Over 4.6 Billion Dollars Which Affects The Bottom Lines Of The Oil Companies.

    Therefore Friday February 22nd Has Been Formally
    Declared "stick It Up Their Ass" Day And The People Of This Nation Should Not Buy A Single Drop Of Petrol That Day. The Only Way This Can Be Done Is If You Copy This Bulletin To As Many People As You Can And As Quickly As You Can To Get The Word Out.

    Waiting For The Government To Step In And Control The
    Prices? It Is Not Going To Happen. What Happened To The Reduction And Control In Prices The Arab Nations Promised Long Ago?

    The Prices Just Keep Going Up And We Need To Stop It!

    Petrol Prices Are Causing Other Effects; Airlines Are Forced To Raise Their Prices, As Are Trucking Companies . This Increases Prices On Everything That Is Shipped. Things Like Food, Clothing, Building Supplies, Medical Supplies Etc.

    Who Pays In The End? We Do! And We Can Make A Difference. If They Don't Get The Message After One Day, We Will Do It Again And Again.

    So Do Your Part And Spread The Word!

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    its a good idea but in realilty it wont work because,

    a) people will fill there car up the next day
    b)if there was a back log of fuel, it will be sold pretty quick the next day
    c)90% of people wont give a shiz because nothing will stop it


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    i agree people will make up for it the next day, but it is a great idea, and it WILL at least wake up the oil companies

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    lol.

    It won't do squat. Oil companies just up fuel by a efw cents for a few days, made their money back. People will fill up day before or day after. Pointless effort.
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    lmao...yeah, i remember last time this was supposed to happen. worked real well that did, was just like any other day, lol (i used to work at a servo).
    i havent noticed prices "going up and up" though, quite frankly they've been in the same range for about 2 years now, with an odd spike here and there.
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    blah blah blah.... heard it before. If you think it's too expensive then don't buy the product.

    Reaper

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    meh leave the oil companys alone they need to live aswell ...

    maybe if the goverment didnt take such a large cut of the cake then we wouldnt have massive price hikes
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    if it did work it would be great but reality is it doesnt as oil companies would just put prices up to recouparate losses

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    WTF Is It With People Using A Capital Letter For Every Word.....

    Anyways, no stupid idea.

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    ROFL! doubt it will work... and besides, lpg is starting to come back down in price so im happy (was 69.9, its now about 65.9)

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    Quote Originally Posted by padrickz88 View Post
    ROFL! doubt it will work... and besides, lpg is starting to come back down in price so im happy (was 69.9, its now about 65.9)
    LPG was a whopping 19 cents a litre when I got my first car on gas.

    We'd be better off boycotting one refinery for a long period of time than to not buy petrol at all for one day. In theory it could work but most people will bitch and moan about something yet not do anything that requires anything resembling effort to change it.

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    Quote Originally Posted by sircruisealotVS View Post
    lmao...yeah, i remember last time this was supposed to happen. worked real well that did, was just like any other day, lol (i used to work at a servo).
    i havent noticed prices "going up and up" though, quite frankly they've been in the same range for about 2 years now, with an odd spike here and there.
    Yep the week before a long weekend.
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    Quote Originally Posted by Reaper View Post
    blah blah blah.... heard it before. If you think it's too expensive then don't buy the product.

    Reaper
    Exactly! See at least one of these emails a year. Probably started by the oil companies!

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    Just like the banks who offer home mortgages the oil companies never loose.
    It is a greedy world we now live in.

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    Quote Originally Posted by Spaced View Post
    Yep the week before a long weekend.
    Man, long weekends have NO EFFECT on the price of fuel. A graph for perth in 2007, I have one for most capital cities. You tell me that the pattern changes for the long weekend:



    And to those complaining and talking of greed, if you break down the costs oil companies and petrol stations dont take that much... Its simply the pure massive volume of oil that the sell...

    For $70 of fuel, $29 is tax... $37 is production costs... $4 is profits split between the oil company and the service station:



    Now you compare that to a litre of milk.. or the profit margins on jewellery, groceries, electronics... The profit margins on anything else are huuuge in comparison.
    Last edited by 1991_Vn2nV; 19-02-2008 at 09:43 AM.

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    Quote Originally Posted by 1991_Vn2nV View Post
    Man thats a load of crap and im really sick of hearing that from customers at work.






    http://img217.imageshack.us/img217/5...prices1ul8.jpg
    Government taxes do not effect the price of fuel though, they are a percentage base. So the more oil companies charge..the more government makes.

    In Dubai, fuel is 17 cents a litre. How is it that we are paying at times 10 times that?
    I know a few management guys within Shell, they have been saying the same thing for the last 10 or so years that Petroleum companies WANTED $1 per litre minimum. They worked on this for years, now that has changed to aiming for a $2 litre minimum over the next 2-3 years.
    I know europe pay massive amounts for fuel upwards of $3 per litre, but the demand for it is much less than here. In some places you can drive across 2 countries on one tank. you can barely drive across one state on a tank here in AU.
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    Quote Originally Posted by minux View Post
    Government taxes do not effect the price of fuel though, they are a percentage base. So the more oil companies charge..the more government makes.

    In Dubai, fuel is 17 cents a litre. How is it that we are paying at times 10 times that?
    I know a few management guys within Shell, they have been saying the same thing for the last 10 or so years that Petroleum companies WANTED $1 per litre minimum. They worked on this for years, now that has changed to aiming for a $2 litre minimum over the next 2-3 years.
    I know europe pay massive amounts for fuel upwards of $3 per litre, but the demand for it is much less than here. In some places you can drive across 2 countries on one tank. you can barely drive across one state on a tank here in AU.
    There is demand for oil everywhere... It is estimated that we use 1000 barrels of crude oil every single second of the day man.

    In 2007, the average profit for the oil companies was just 2.3 cents per litre. Its not their doing.

    Fuel here is a better quality than in Dubai as well, which raises the cost of production. We have limits of 1% on benzene, as well as MTBE, olefins, aromatics, as well as regulations on final boiling point. In dubai, there are no such regulations and hence they will have cheaper production costs. Not to mention cheaper labour costs...how many employees are employed here for the refineries and storage sites as well as delivery drivers, ships etc...And add to that the cost of building the sites here and maintaining the sites compared to in Dubai.

    We do pay alot less for fuel than most other countries. The US, Canada and Mexico are the ONLY OECD countries that pay less than we do for fuel. When Australia is $1.30 per litre, the US is $1.10.... but Japan is $1.50 and Europe averages about $2.30 per litre.



    Fact of the matter is YES the oil companies make ALOT of money. The largest oil company in the world, ExxonMobil made over $40 billion last year. But they only make 2.3c per litre on fuel, so there isn't much for us to save by reducing oil company profits. The REASON they make so much money is because of the pure astronomical volumes of fuel sold by the oil companies... They just sell so many litres per second, that even at 2.3c a litre it makes a very, very large profit. But for the average motorist, there is nothing here for us to save. When it comes to profits, its the government that is making the most per litre and the government that can offer us the largest discounts.

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