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Old 23-03-2015, 06:02 PM   #1
GASWAGON
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Default Petrol jumps to $1.37 in Melbourne.

Whats going with fuel prices?

Barrel prices of crude are apparently below $45 a barrel but the pump prices have spiked.

Should'nt we be seeing prices around the $1.00 per litre mark.
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Old 23-03-2015, 06:09 PM   #2
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Default Re: Petrol jumps to $1.37 in Melbourne.

There are three things that are certain:

You're going to die some day
You have to pay taxes
You will be ripped off by oil companies
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Old 23-03-2015, 06:20 PM   #3
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Default Re: Petrol jumps to $1.37 in Melbourne.

Quote:
Originally Posted by CoolBFWagon View Post
Whats going with fuel prices?

Barrel prices of crude are apparently below $45 a barrel but the pump prices have spiked.

Should'nt we be seeing prices around the $1.00 per litre mark.
The oil companies are using the falling value of the aussie dollar as an excuse to price gouge us........again!!

Imagine if the barrel price returns to 2013 levels and our dollar continues to slide.......we're effed!!!!!!
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Old 23-03-2015, 06:27 PM   #4
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Default Re: Petrol jumps to $1.37 in Melbourne.

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Originally Posted by Bearman View Post
The oil companies are using the falling value of the aussie dollar as an excuse to price gouge us........again!!

Imagine if the barrel price returns to 2013 levels and our dollar continues to slide.......we're effed!!!!!!
Ah o.k I did'nt realise thats what was happening.

Bloody hell we'll be screwed if barrel prices go back to normal and dollar drops like you say!
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Old 23-03-2015, 07:32 PM   #5
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Default Re: Petrol jumps to $1.37 in Melbourne.

Apparently we will see a dip in prices right before Easter.
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Old 23-03-2015, 07:36 PM   #6
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Default Re: Petrol jumps to $1.37 in Melbourne.

petrol/diesel both at $1.17
gas 56.9c

Sydney metro area..
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Old 23-03-2015, 08:05 PM   #7
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Default Re: Petrol jumps to $1.37 in Melbourne.

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Originally Posted by burnz View Post
petrol/diesel both at $1.17
gas 56.9c

Sydney metro area..
I filled up late last night and Diesel was 119.9 and ULP was 129.9.

It is what it is. If it is 50c or $3 per litre I will still drive my car just as I do always.
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Old 23-03-2015, 08:20 PM   #8
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Default Re: Petrol jumps to $1.37 in Melbourne.

You have to feel for the people in Adelaide.

We've just come back from a week in the Barossa (40mins out of Adel) and petrol there is about 10cpl cheaper than in the city !!

Obviously the dollar has a different value in the city
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Old 23-03-2015, 08:25 PM   #9
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Default Re: Petrol jumps to $1.37 in Melbourne.

Oil Companies and Banks work the same way with Fuel Prices and Interest Rates.
Prices / Interest goes down means takes weeks to pass on the savings.
Prices / Interest goes up means price goes up immediately.

If only you could go put $60.00 in your car and tell the attendant that you will pay him $40.00 now and the other $20.00 in two weeks when your pay comes in.
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Old 23-03-2015, 09:29 PM   #10
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Default Re: Petrol jumps to $1.37 in Melbourne.

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Originally Posted by CyberWasp View Post
Oil Companies and Banks work the same way with Fuel Prices and Interest Rates.
Prices / Interest goes down means takes weeks to pass on the savings.
Prices / Interest goes up means price goes up immediately.

If only you could go put $60.00 in your car and tell the attendant that you will pay him $40.00 now and the other $20.00 in two weeks when your pay comes in.
reminds me of the days when you used to get service in petrol stations,

an attendant asked me how much i wanted , i handed him 2 dollars and told him to filler up .
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Old 24-03-2015, 01:49 AM   #11
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Default Re: Petrol jumps to $1.37 in Melbourne.

1: Our dollar hasn't changed that much in the past month or so.
2: Oil has slumped faster than the dollar has gone down in value.
3: The price of fuel has risen...in my area...maybe twenty cents in that time.

Makes perfect sense.

The dollar value? Well, if oil is going down, and our dollar is going down...shouldn't the petrol price be pretty much stable?

Everyone from oil companies to service stations are fleecing us (yes they bloody are...don't start with "Oh but we're poor") and keep on trying to make us believe there's a direct and instant pipeline from the refinery to the bowser so they raise their prices literally seconds after the oil price goes up, but keep it up for months after the price of oil drops...if the input costs of the raw materials cost less, and you're not passing that on to the consumer...you're price gouging, simple as that. Not one of the excuses they use make sense if you spend more than a seconds thought on them. The ACCC is a toothless tiger that makes a bit of a rumble now and then but doesn't actually do anything to help us. Idiots still think that "boycotting fuel on next wednesday" or something will change things.
And they know we just have to grin and bear it and pay whatever they charge...they bloody know...
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Old 24-03-2015, 05:56 AM   #12
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Default Re: Petrol jumps to $1.37 in Melbourne.

You have a better chance of explaining the meaning of Life, the Universe and Everything, over how the hell the fuel pricing system actually works.
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Old 24-03-2015, 08:34 PM   #13
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Default Re: Petrol jumps to $1.37 in Melbourne.

Have a look guys. Prices are displayed daily straight from the terminal gate. Buy your own tanker and get some.
http://www.aip.com.au/pricing/tgp/
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Old 25-03-2015, 10:46 AM   #14
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Default Re: Petrol jumps to $1.37 in Melbourne.

De Java Vu GT, that would mean my local servo is putting 18 cpl on top of the gate price, I wonder how much a litre it costs to have it transported to the servo???
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Old 25-03-2015, 11:07 AM   #15
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Default Re: Petrol jumps to $1.37 in Melbourne.

Oddly enough it's still 137.9 here in Alice. Hasn't changed in a couple of months.

I don't want to jinx it, but usually we're a good 30-40c/L above metro prices.
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Old 25-03-2015, 11:53 AM   #16
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Default Re: Petrol jumps to $1.37 in Melbourne.

The only way to counteract petroleum companies from gouging us is to setup your car to run on an alternate source of fuel other than LPG. The problem is, those who has designed such means get either bought out, or conveniently disappear. The ACCC and govco are on the payroll so don't expect them to come to your aid.

*** Takes conspiracy theory hat off ***
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Old 25-03-2015, 11:56 AM   #17
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Default Re: Petrol jumps to $1.37 in Melbourne.

If you've got an old school IDI diesel you can run them on all sorts of home made fuels, some people have had a lot of success with the Detroit Diesel 6.2/6.5L V8s running all sorts of fuels without negative consequences.

Wouldn't dare try it on a common rail DI engine though lol.
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Old 25-03-2015, 04:19 PM   #18
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Default Re: Petrol jumps to $1.37 in Melbourne.

for common rail the only other fuel would be heating oil or jet A fuel..
older diesels fuels heating oil, kero, jet A, canola, vegetable, jet B, palm oil, atf...
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Old 26-03-2015, 01:18 PM   #19
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Default Re: Petrol jumps to $1.37 in Melbourne.

The price of lettuce is like petrol too. One week $1, the next $3.99, the next $1.50, the next $1.99.
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Old 26-03-2015, 01:32 PM   #20
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Default Re: Petrol jumps to $1.37 in Melbourne.

I imagine they figure out what the prices are going to be via one of those big game show wheels, like wheel of fortune, you know the big wheel you spin with the little thing at the top which drags along the pegs and then comes to a stop indicating something?

SPIN THE WHEEL!!!!

The price today of fuel is going to be $2.79/L even though oil is $60/barrel.

We will deflect questioning by blaming Singapore and homeless people.
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Old 26-03-2015, 05:52 PM   #21
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Default Re: Petrol jumps to $1.37 in Melbourne.

Even LPG is rising again.

Apparently the refineries are on strike and LPG shortages are happening.

Some LPG is being transported from NSW to make up the difference.

This is why LPG is now 60c p/ltr again!
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Old 26-03-2015, 09:13 PM   #22
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Default Re: Petrol jumps to $1.37 in Melbourne.

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Originally Posted by CoolBFWagon View Post
Even LPG is rising again.

Apparently the refineries are on strike and LPG shortages are happening.

Some LPG is being transported from NSW to make up the difference.

This is why LPG is now 60c p/ltr again!
60c = 52c, the added 8c is the thieving politicians trying to get back money lost on lpg rebate. No free lunch...
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Old 27-03-2015, 05:44 PM   #23
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Default Re: Petrol jumps to $1.37 in Melbourne.

Lookout for Easter. Expect to pay close to $150 p/l!! according to this....
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Old 27-03-2015, 06:31 PM   #24
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Default Re: Petrol jumps to $1.37 in Melbourne.

I just read if I got it right, Chevron sold their Australian stake in Caltex, dunno what effect that will have, it appears shares where up in price and it was purely a good time to make a pack of dollars by selling at this time.
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Old 27-03-2015, 06:40 PM   #25
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Default Re: Petrol jumps to $1.37 in Melbourne.

I paid $1.50pl today for 98 in Tas, been like it for weeks.
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Old 28-03-2015, 12:50 AM   #26
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Default Re: Petrol jumps to $1.37 in Melbourne.

$1.42 p litre 95 Caltex Melbourne nth.
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Old 27-04-2015, 04:53 PM   #27
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Default Re: Petrol jumps to $1.37 in Melbourne.

In the last few days ULP has jumped from around $1.20 per litre back up to $1.40.

Wots going on?
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Old 27-04-2015, 05:15 PM   #28
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Default Re: Petrol jumps to $1.37 in Melbourne.

The moons of Alpha Centari IV have aligned again.
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Old 27-04-2015, 05:17 PM   #29
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Default Re: Petrol jumps to $1.37 in Melbourne.

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Originally Posted by CoolBFWagon View Post
In the last few days ULP has jumped from around $1.20 per litre back up to $1.40.

Wots going on?
The wholesale of Tapis has jumped. Be prepared for prices edging $1.60+
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Old 27-04-2015, 05:26 PM   #30
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Default Re: Petrol jumps to $1.37 in Melbourne.

I kept my docket from February where I paid $68 for 71 litres of petrol. Just something to look back on in years to come and can prove it actually did happen...
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