oil $31us a barrel

[coolvxss]

Just seen on news that oil is down to only $31us a barrel. Wasnt very long ago it was $145 a barrel and paying $1.60 litre, Now it was dropped over $100 a barrel and still paying $1 a litre. Hows that work?

[TVR-190]

dont start another one of these threads.

Simple answer

THE OIL COMPANIES WANT TO MAKE MONEY BECAUSE THEY ARE A BUSINESS.

[immortality]

petrol companies/petrol prices are the biggest con ofthe 21st century

[Reaper]

You need to take currency shifts into the equation as well. Not so long ago the Aus$1 was US$0.98. now it's around 65 cents.

Reaper

[coolvxss]

I guess its also xmas aswell and everyone is going away

[doms3]

GREED thats how it works

[TVR-190]

prices are about 94c a litre in Syd, i def aint complaining

[coolvxss]

Its about $1 here in canberra. It only costed me about $50 in fuel this week. my traval allowance finally pays for all my fuel for my week now haha

[minux]

GREED thats how it works

So let me guess, you run a business and run it as a constant loss just to keep people happy?

Are people really that stupid to think petrol companies are there to make life easier for you? They are a bloody business and as such are entitled to charge whatever the **** they like FOR THEIR PRODUCT

[TVR-190]

yes if you dont like it, please go buy an oil rig, build some petrol stations and sell it to me at 5c a litre

[Lumps of cheese]

lol, people, you will buy it no matter what price it is so why bother worrying about the oil price.

[minux]

lol, people, you will buy it no matter what price it is so why bother worrying about the oil price.

Exactly.

What annoys me most is people are happy to pay for the following:

Water $3 600ml
Coke $3 600ml
Milk $1.60 litre
Oil $12 Litre

The list goes on. If you don't like the price of something DO NOT BUY IT. simple huh?

[Lumps of cheese]

Exactly.

What annoys me most is people are happy to pay for the following:

Water $3 600ml
Coke $3 600ml
Milk $1.60 litre
Oil $12 Litre

The list goes on. If you don't like the price of something DO NOT BUY IT. simple huh?

lol, so true

[metalfossil]

Please, please don't start another 'but what about all those poor soles who are barely scraping by?' threads as it never washes around here.

[coolvxss]

I dont care about the price that it is at the moment. if anything i want it to be more expensive so i can get the vx ss im looking for. There use to be heaps for sale when fuel prices were high, but now there is bugger all haha.

[DANNY8]

It was $1.02 here the other day....noticed 2day it's gone back up to $1.04.

[immortality]

the fact is petrol (as well as many other products) are over priced even when taking currency shifts into account. people aren't complaining (too much) because it's a lot cheaper then it was this time last year. however, petrol companies have realised that fossil fuel and the internal combustion engine has a finite life span and we will soon be at that point where demand will outstrip available oil reserves. petrol companies therefore will screw the consumer for as much as possible because in 50 years they will no longer exsist as they do now.

here in NZ petrol prices dropped ever so slightly before the oil came down, this is because petrol companies were starting to see a reduction in sales because the price was too high and people couldn't afford it. prices haven't dropped anywhere near as much as the drop in oil prices should suggest. this is pure profiteering by the big petrol companies.

the only way people can do anything is to vote with their feet (and their cars ) and boycott one brand forcing them to reduce prices. as this will never happen people need to stop complaining

[Cobez]

I filled up BP Ultimate yesterday at a $1.12 a litre. Not bad for the burbs'.

[minux]

the fact is petrol (as well as many other products) are over priced even when taking currency shifts into account. people aren't complaining (too much) because it's a lot cheaper then it was this time last year. however, petrol companies have realised that fossil fuel and the internal combustion engine has a finite life span and we will soon be at that point where demand will outstrip available oil reserves. petrol companies therefore will screw the consumer for as much as possible because in 50 years they will no longer exsist as they do now.

here in NZ petrol prices dropped ever so slightly before the oil came down, this is because petrol companies were starting to see a reduction in sales because the price was too high and people couldn't afford it. prices haven't dropped anywhere near as much as the drop in oil prices should suggest. this is pure profiteering by the big petrol companies.

the only way people can do anything is to vote with their feet (and their cars ) and boycott one brand forcing them to reduce prices. as this will never happen people need to stop complaining

What a crock of shyte.

A large McDonalds meal costs 28 cents to produce. Yet sold for $7. Why is no one whinging about this? It costs $18 or thereabouts(only read this in a Time article) to make a Sony Plasma TV, yet these sell for over $2000. Nike shoes cost around 80 cents. Fact is, almost every company out there is out performing oil companies when it comes to ripping off customers. People just whinge about fuel because they liek the sound of their own voices it seems, or in this case, keystrokes.

Oil companies make **** ALL profit when you work on percentages and how much product they actually sell.

[coolvxss]

I spend a lot more money on scooners of beers then fuel every week, i should be complaining about that because its about $10 a litre haha

[VL_5SPEED]

What a crock of shyte.

A large McDonalds meal costs 28 cents to produce. Yet sold for $7. Why is no one whinging about this? It costs $18 or thereabouts(only read this in a Time article) to make a Sony Plasma TV, yet these sell for over $2000. Nike shoes cost around 80 cents. Fact is, almost every company out there is out performing oil companies when it comes to ripping off customers. People just whinge about fuel because they liek the sound of their own voices it seems, or in this case, keystrokes.

Oil companies make **** ALL profit when you work on percentages and how much product they actually sell.

I know for a fact that a single cheese burger costs 25 cents to make (mate is a manager at maccas).

[minux]

I know for a fact that a single cheese burger costs 25 cents to make (mate is a manager at maccas).

I guess the manager outranks the franchise owner I talk to then.

[gopher]

I guess the manager outranks the franchise owner I talk to then.

how can you be sure the franchise owner isn't full of **** also?

there's probably a barrel of oil in a maccas burger alone

[DannyboyDS]

would it be fair to say it may cost different ammounts in different cities or states to make a burger?

[immortality]

What a crock of shyte.

i can say the same about about the above also. petrol companies make billions of dollars worth of profit every year. the average servo owner may make jack **** from petrol but the primary producers make a fortune, they pump out the oil, refine it and then ship it. the price of oil is artifically inflated because it's a traded comodity, bush says something about the wanker in iran, oil prices go up, some storm threatens a refinery somewhere, oil prices go up (never mind if there is actually ever any real damage). i ahve no doubt that the actual price to produce a barrel of oil has nothing to do with the price on the markets and what we pay at the pump. i really don't give a toss about the price of mackers as i don't normally get it as it tastes crap and i really can't be bothered paying that much for crap. don't buy a plasma every week either. i totally agree that the majority of companies are ripping of the average consumer these days. that doesn't make it right does it