Price of Petrol

[vzlumina]

Hi Guys

Ok i no it kind of relates to cars and its probably been done a thousand times but doesn't any one else feel that we are still getting ripped of at the pump considering oil price has dropped from $147/b to $87/b, and even taking into account the weakened Aussie $, i heard on the radio that back when oil was @ around $90/b and the Aussie $ was only US70c that we were only paying around $1.05 for regular unleaded now we are paying around $1.48-1.50 for for E10.

The only reason why i am now getting annoyed that the price of petrol is i have to drive about 1250kms a week to get to work and back Tuesday to Saturday and now i no we are getting ripped.

Comments please.

[Morton]

Just be thankful you aren't paying European prices

[adamc11]

What ****s me is the fact the government says they can't do anything about it, yet the excise tax is huge and then the GST is calculated on top of that.

[Full Spectrum]

But we have had all that on top for sometime now, I'm not thinking it's the cause of this.

Be nice to know why it is higher then the last time we had oil this low.

The ACCC had a look into it and said all was fine?. Are some getting ahead of the Carbon tax?.

[Bravotwozero]

The prices haven't dropped because of the weak Australian dollar. That has offset any savings that might have been brought about by the drop in the price of crude oil.

[Morton]

Don't get started down that road Cutting the excise is the single least productive thing the government could ever do to reduce petrol prices.

Compare the price of petrol in 1990 to the price of petrol today.

Then compare the price of a tram ticket in 1990 to the price of a tram ticket today.

I'm pretty sure the price of petrol hasn't gone up that much

[minux]

What I am failing to understand is the last time oil and the aussie dollar were at these prices we were only paying 91 cents to the litre, not sure much has changed, I certainly know wages havent increased some 40% to allow this massive difference.

[Full Spectrum]

There not passing it on, That has to be the only reason.

[BullittSV6]

Be glad if you live in a place with a fuel cycle and a competitive market. Where I live there are only 5 petrol outlets with the price of petrol fixed at 160.9 across all servos since oil prices spiked a few months back. Even now with the drop in price of a barrel, its still at $160.9.

I drive a large car with a large tank so I expect a large fuel bill compared to other cars. However, when prices are fixed across all servos which jump at the chance to push them up, but don't lower prices to reflect global markets, you feel ripped off and its a little depressing when the ACCC tells you nothing can be done.

[Reaper]

Somehow I think the petrol companies are making a fortune. It's the only conclusion I can draw on this one....

Reaper

[BullittSV6]

Could it be supply and demand keeping the prices up? I remember they used it as an excuse for pushing up prices so maybe even though the price per barrel and exchange rate are in our favour we are still using the same amount of petrol and demand is the same? That could be the reason the oil companies are reluctant to drop prices.

[Ozzie]

yet the government wont subsidise fuel

[adamc11]

Don't get started down that road Cutting the excise is the single least productive thing the government could ever do to reduce petrol prices.

Compare the price of petrol in 1990 to the price of petrol today.

Then compare the price of a tram ticket in 1990 to the price of petrol today.

I'm pretty sure the price of petrol hasn't gone up that much

Still, the excise could be cut and would help motorists. All those damn politicians are all talk no action.

[Cobez]

Argh, petrol is expensive, get over it.

Don't like it, put duel fuel in your car, or don't drive at all. I don't give a toss if i am getting ripped off, my car likes petrol, it gets thirsty, i fill it up, don't care what day, don't care what it costs, i fill it to the top and my tank never drops below half.

This is why i have a job, so i can afford to do these things.

[vzlumina]

What I am failing to understand is the last time oil and the aussie dollar were at these prices we were only paying 91 cents to the litre, not sure much has changed, I certainly know wages havent increased some 40% to allow this massive difference.

That's for sure my fuel bill per week for just driving to work is $160 i'm lucky its nearly all highway Ks.

That said i would love the Days of 0.91 back lol, but i have been paying 1.30 or more since i started driving, so when it was around 1.38 i was like meh its just a little bit higher, like its not a massive shock to me. Does that even make sense? It does to me.

[Hillerus]

Argh, petrol is expensive, get over it.

Don't like it, put duel fuel in your car, or don't drive at all. I don't give a toss if i am getting ripped off, my car likes petrol, it gets thirsty, i fill it up, don't care what day, don't care what it costs, i fill it to the top and my tank never drops below half.

This is why i have a job, so i can afford to do these things.

I agree. Its the way it is, whinging changes nothing.

Most of the blokes at my work that whinge about fuel prices are the same ones that chain-smoke and drink huge amounts of alcohol. If you can't adjust your budget and lifestyle to suit the increased costs of living, then you have bigger problems then high fuel prices.

[vzlumina]

Be glad if you live in a place with a fuel cycle and a competitive market. Where I live there are only 5 petrol outlets with the price of petrol fixed at 160.9 across all servos since oil prices spiked a few months back. Even now with the drop in price of a barrel, its still at $160.9.

I drive a large car with a large tank so I expect a large fuel bill compared to other cars. However, when prices are fixed across all servos which jump at the chance to push them up, but don't lower prices to reflect global markets, you feel ripped off and its a little depressing when the ACCC tells you nothing can be done.

Ha agreed i live in Gouburn it has only 5 servo, all of which are at 1.52 for e10 apart from the one on the high way, where its about 1.59 for regular. Oh there is a Woolies + Petrol but the other stations have got smart and priced out the "4c off"

I'm lucky i have the opportunity to fill up in the ACT

[Cobez]

I agree. Its the way it is, whinging changes nothing.

Most of the blokes at my work that whinge about fuel prices are the same ones that chain-smoke and drink huge amounts of alcohol. If you can't adjust your budget and lifestyle to suit the increased costs of living, then you have bigger problems then high fuel prices.

Exactly right man, hence why i stopped drinking regulary, because A) i drive alot and enjoy driving, and B) so i could afford to buy, run and maintain a V8 on 98 octane fuel whenever it needed it, not on what days are commonly found to be the cheaper days.

[Rufus®]

Argh, petrol is expensive, get over it.

Don't like it, put duel fuel in your car, or don't drive at all. I don't give a toss if i am getting ripped off, my car likes petrol, it gets thirsty, i fill it up, don't care what day, don't care what it costs, i fill it to the top and my tank never drops below half.

This is why i have a job, so i can afford to do these things.

I agree. Its the way it is, whinging changes nothing.

Most of the blokes at my work that whinge about fuel prices are the same ones that chain-smoke and drink huge amounts of alcohol. If you can't adjust your budget and lifestyle to suit the increased costs of living, then you have bigger problems then high fuel prices.

I love these posts, gives me a good chuckle for the day.

Ahh boys, since you pay whatever it costs for fuel, I've got some quality fuel, I'll sell it to you for $5.00 a litre.

It's not about affordability, it's about why the price of fuel is still so high, when oil is so cheap.

[Cobez]

Errrr. lol.

I think it went without saying we pay whatever it costs from service stations. As Hillerus said, i don't see how whinging and analyzing the crapper out of fuel / oil prices changes anything. In the end if you need fuel, you need to pay for it. Why even analyze it? Who cares. Everyone knows oil is cheaper but petrol is still high. Is making a thread on it and talking about it going to do anything? Nope. You will still need fuel eventually and you will still need to pay higher prices for it.

If my car hits halfway on the fuel gauge, i head to my local BP and fill it to the top reguardless of how many cents it is per litre at that time. I adjusted my budget when i decided to buy a V8 so i didn't struggle and so i could fill it back up to the top whenever it needed, not whenever it was cheaper to do so.

[VXdarkmagic]

what was funny was seeing people queueing like mad for petrol (unleaded, not pulp) at 150 cpl when i went to get fuel last night

[vzlumina]

I love these posts, gives me a good chuckle for the day.

Ahh boys, since you pay whatever it costs for fuel, I've got some quality fuel, I'll sell it to you for $5.00 a litre.

It's not about affordability, it's about why the price of fuel is still so high, when oil is so cheap.

Couldn't have put it better myself

Cheers Mate

[vzlumina]

Errrr. lol.

I think it went without saying we pay whatever it costs from service stations. As Hillerus said, i don't see how whinging and analyzing the crapper out of fuel / oil prices changes anything. In the end if you need fuel, you need to pay for it. Why even analyze it? Who cares. Everyone knows oil is cheaper but petrol is still high. Is making a thread on it and talking about it going to do anything? Nope. You will still need fuel eventually and you will still need to pay higher prices for it.

If my car hits halfway on the fuel gauge, i head to my local BP and fill it to the top reguardless of how many cents it is per litre at that time. I adjusted my budget when i decided to buy a V8 so i didn't struggle and so i could fill it back up to the top whenever it needed, not whenever it was cheaper to do so.

Yes its not going to do anything, i also budget to be able to afford a big 6 but i just want to know why, i no i have to pay for it and i do pay for it, wouldn't it just be nice to know why, and has it ever occurred to you perhaps people would like to analyse it ?

[Hillerus]

Yes its not going to do anything, i also budget to be able to afford a big 6 but i just want to know why, i no i have to pay for it and i do pay for it, wouldn't it just be nice to know why, and has it ever occurred to you perhaps people would like to analyse it ?

Why is speeding the only road rule you ever see being enforced? Is it because there might be money to be made perhaps?

[Full Spectrum]

That's for sure my fuel bill per week for just driving to work is $160 i'm lucky its nearly all highway Ks.

That said i would love the Days of 0.91 back lol, but i have been paying 1.30 or more since i started driving, so when it was around 1.38 i was like meh its just a little bit higher, like its not a massive shock to me. Does that even make sense? It does to me.

I agree. Its the way it is, whinging changes nothing.

Most of the blokes at my work that whinge about fuel prices are the same ones that chain-smoke and drink huge amounts of alcohol. If you can't adjust your budget and lifestyle to suit the increased costs of living, then you have bigger problems then high fuel prices.

You boys are missing the point, It's hardly a wine about fuel being to high to drive and people moaning they can't drive, Noone here is saying they can't afford to run there cars.

Simple put, We are being ripped off with no explanation to justify still having high prices.