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The Random Thread

Discussion in 'The Pub' started by Jecs, Aug 25, 2012.

  1. J_D 2.0

    J_D 2.0 Member

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    Well our price here in Brisbane is around 115 c/l and that’s as low as there going as servos have now started bumping up to 158 c/l. So they will be making over 60 c/l profit at the high point of the cycle based on the current terminal gate price of 96.4 c/l. That’s over 40% gross profit margin!
     
  2. Baldoldfart

    Baldoldfart Member

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    Fuel prices are further up the chain than servo's.
    They charge so much for fuel because they can, Fed gov will not get involved in price gouging. "Market forces".
     
  3. J_D 2.0

    J_D 2.0 Member

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    I don’t know about over there in the good ole US of A but here in Australia they make an absolute killing on both sides of the equation. I semi-regularly monitor the retail vs the wholesale price here in Brisbane and they never sell below about 10 c/l gross profit at the “discounted” portion of the cycle and are making 40-50 c/l gross profit at the high part of the cycle.
     
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  4. Baldoldfart

    Baldoldfart Member

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    Skydrol, Canada is supposed to be metric, doesn't workout that way. Most of the prairie country still work on US gal and acres apart from fuel. The rest of the world mostly work metric, why can't we all agree on some standard.
    At least with metric it's lineal and makes sense.
    Try working with farmers who think bushels/acres and the product being provided is in litres/ hectare. US gallons to litres is 3.785 but there are 4.54 to an imperial gal.
    Then when they quote chains/furlongs (not so much theses days) and you have to work in square metres/hectares that makes it hard. Then you have to convert nautical to statute/square miles it all makes for more chances of error.
     
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  5. Skydrol

    Skydrol Well-Known Member

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    I totaly agree with you on that one. Why the US use this so called "Standard" system is beyond me. Yes, is too darn complicated and silly. I take Metric any time of the day. On this, you will see no argument on my side. Canuks use Metric but the use also the US Standard for obvious reasons. You have to tell then that you are talking about US Gallons and no Imperial Gallons. I am used to use both systems and I am fine with them.

    Here is another one, Fasteners ANS (Army Navy Standard) or AN, became the defacto in Aviation. Their diameter is on 64th and lenght in 32nd of an inch. When doing rivet Pitch, Edge Distances and what size of Grip to use based on thickneses you have to use fractions to do all the calculations. You can see, by that alone, is a fracional nightmare if you are not used to it.

    I always say, screw the fractions and use decimals, is way easier to calculate.
     
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  6. losh1971

    losh1971 Well-Known Member

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    Was told Adelaide is under $1 a litre now. Still $1.46 my way, price gouging at its finest. I drove up to the pump and drove off. Some places in Tas are down to $1.35 just not anywhere near me that sells 95.
     
  7. Skydrol

    Skydrol Well-Known Member

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    Have you guys considered Currency Devaluatiom? The AUD is not doing that well, I think, purchasing power is about 50% of the USD. So what you see is a Nominal Perception but as far Purchasing Power is the same (current prices). Is a just a case of speeding Inflation. I will not be surprised the "prices" will rise because the Currency is turning into junk.

    Weimar Republic.
     
  8. figjam

    figjam Donating Member

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    I just don't get the USA way of measurement. They can't seem to decide if they are Imperially pregnant or Metrically half pregnant.
    If you are going to measure in Imperial, it is yards, feet, inches and fractions of inches, as you wrote.
    But no, the aviation industry revolves around the FAA, and a 8m measurement becomes 314.96 inches. If that is not inviting human reading mistakes, I don't what is.
     
  9. Skydrol

    Skydrol Well-Known Member

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    Aviation is about who is the leading Cuntry (pun intended) at the time. If the US looses its lead, you will see Metric all over. Cars are a good example. Back in the 80s, specially, late 80s to about early 90s, was a mix of metric and standard, very irritaring... now days, you hardly see any Standard on US made cars.
     
  10. VS 5.0

    VS 5.0 Well-Known Member

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    Like tyres ? Inches in diameter and mm in width.
     
  11. keith reed

    keith reed Well-Known Member

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    Costco $1.04 for 98. Can't remember when prices were that low. Surprising seeing that the dollar is falling against the greenback.
     
  12. losh1971

    losh1971 Well-Known Member

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    Wholll $1.04 for 98, $1.65 or more here for 98.
     
  13. losh1971

    losh1971 Well-Known Member

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    Some things in Australia are still measured in inches, although the circumference rarely gets a mention.
     
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  14. VS 5.0

    VS 5.0 Well-Known Member

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    E85 in Perth....$1.99.....gone up 10 cents from normal prices.
     
  15. J_D 2.0

    J_D 2.0 Member

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  16. Skydrol

    Skydrol Well-Known Member

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    Crude is sold in USDs. So it 2x more expensive for Oz to buy. All transactions has to be made in USDs, hence, the Petrodollar. Since the USD is the world's reserve currency all other goods imported to Oz has to be in USDs, so Oz have to buy US Treassury Debt to get USDs to pay for stuff.

    Sad to say but the USA pawns off all its debt to other nations and the Fed Reserve is a private bank, is that some shît or what?
     
  17. keith reed

    keith reed Well-Known Member

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    Look what happened to Gadaffi and Hussein when they ditched the US dollar.
     
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  18. losh1971

    losh1971 Well-Known Member

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  19. losh1971

    losh1971 Well-Known Member

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    Then you have to factor in the 20 - 25% increase in consumption.
     
  20. J_D 2.0

    J_D 2.0 Member

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    The thing that irks me with the petrodollar is that if the US wants oil (or anything for that matter) it can just print more dollars. If any other country wants oil it has to sell actual goods to the US first to get US dollars to buy the oil with. It’s the main reason the US can run up debts add infinitum with no penalty.
     
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