How high is petrol expected to rise

[MattK]

Geez

50 years sounds about right, half the known oil is gone and there's been no new big oil fields found for years now, the tech for finding it is so good it's not expected to really find much more, there is heaps of gas left but it's hard to transport

The South pole has a massive amount of oil under it , and its only been partially explored ....



+ Australias oil reserves are massive , if we kept it too ourselves , and didnt buy the saudi crap [ lower quality ] , we would be paying about 45c a litre at the pump ATM instead of $1+ that we are being ripped of ATM ...

State and Fed Taxes = allmost 80% of the cost of petrol .....
We have become one of the most OVER TAXED countries in the world ....


:ranting:

 

[Infus10n]

I filled up today for $0.96 a litre so wasnt tooo bad...

 

[vxcalais]

BP Ultimate hit $1.21 a litre in metro Perth today, up .06c a litre from yesterday

 

[MattK]

Anzac Day Long week end

Expect the servos to rip you a new one ! :rofl:



:cry:

 

[dk3800]

ive been paying $1.20 to $1.26 a litre for bp ultimate, newcastle area

 

[HDT_aero]

ok ppl i have a source in SA that own a petrol station and he believes by the end of the year we will be paying around $2.50 I hope to god his wrong but how can you argue with a servo lol