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Fuel Prices
National fuel prices are shown in tables by state name.
State
Diesel
BIO
ULP
LPG
Australian Capital Territory
$1.438
N/A
$1.018
$0.597
New South Wales
$1.434
$1.434
$1.091
$0.642
Northern Territory
$1.593
N/A
$1.374
$0.917
Queensland
$1.327
N/A
$1.021
$0.652
South Australia
$1.419
$1.419
$1.062
$0.612
Tasmania
$1.472
N/A
$1.202
$0.819
Victoria
$1.405
N/A
$1.079
$0.543
Western Australia
$1.502
N/A
$1.197
$0.674
National Average 3 Dec 08
$1.448
$1.427
$1.130
$0.682
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What Others have Posted
Member - DAZA (QLD) : 4 Dec 08 07:59
The Sunrise team will be making enquiries about the price of Diesel,...
The Sunrise team will be making enquiries about the price of Diesel,
also the NRMA has also asked why, Several Viewers have complained
and started the Ball Rolling, NRMA reckon Diesel should be at least
25cents a litre cheaper, see what happens, they will be asking
Coles & Woolies to please explain, they reckon Singapore pricing
has dropped and there is no reason for high prices.
Cheers
Daza
Read Full Thread...
Latest: 4 Dec 08 10:58 Replies:
8
FollowUps:
4
Views:
294
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wicket : 1 Dec 08 15:46
The other day I sent off an email to the petrol commissioner complai...
The other day I sent off an email to the petrol commissioner complaining about the disparity of diesel to unleaded prices, well today I received a reply; make of it what you will:
Thank you for your email of 20 November 2008 to the Australian Competition & Consumer Commission (the ACCC) regarding the price of diesel.
The role of the ACCC is to ensure compliance with the Trade Practices Act 1974 (TPA), which is designed to encourage fair trading and discourage anti-competitive conduct through a specific set of competition and consumer protection rules.
Since 1 August 1998 petrol and diesel prices have been deregulated and wholesalers and retailers are free to set their own prices based on market conditions. However, on 17 December 2007 the Assistant Treasurer and Minister for Competition and Consumer Affairs, the Hon Chris
Bowen
MP, directed the ACCC to formally monitor prices, costs and profits relating to the supply of unleaded petrol products in the petroleum industry in
Australia
.
The ACCC has acknowledged the substantial increase in Australian diesel prices and continues to monitor international benchmark prices and retail price movements on a daily basis across capital cities and country towns as directed by the Assistant Treasurer and Minister for Competition and Consumer Affairs, Mr. Chris
Bowen
.
Movements in
fuel prices
in
Australia
tend to follow international benchmarks. The benchmark for diesel is the spot price of Singapore Gasoil (with 50 parts per million sulphur content). The benchmark for petrol is the spot price of Singapore Mogas 95 Unleaded, which is refined petrol and not crude oil. There is generally a time lag of around one to two weeks between changes in international prices and changes in retail prices, due to the averaging formula used by refiners in
Australia
when setting their wholesale prices. This lag may be longer in country areas because fuel stocks are replenished less frequently by wholesalers and retailers in the country, due to the generally lower volume of sales.
The ACCC has also released a booklet Understanding petrol pricing in
Australia
– Answers to some
frequently asked questions
, which aims to help consumers to understand petrol pricing in
Australia
. I have attached a link to this publication for your convenience:
http://www.accc.gov.au/content/item.phtml?itemId=759646&nodeId=2272bce5fa908a51b04c8a154724d915&fn=Understanding%20petrol%20pricing%20booklet.pdf.
The booklet also notes (on page 11) that the level of competition in local markets is determined by many factors including:
· population,
· geographical location,
· the number of wholesale suppliers,
· the point of supply (i.e. whether the supplies are sourced directly from the terminal or through distributors),
· whether the fuel is bought on a contract or non-contract basis,
· the volume and frequency of purchases,
· the extent to which discounts are provided,
· freight and distribution costs,
· the level of price support provided by the oil companies,
· the scope of the retailers’ business operations (i.e. whether other goods and services are provided),
· the types of retailers (i.e. oil majors, independents and supermarkets),
· the number of retailers,
· the margins set by retailers,
· the profile of customers (e.g. whether they are primarily locals or people passing through), and
· possible anti-competitive practices (such as price fixing).
Thank you for contacting the ACCC , I trust this information is of interest.
Yours sincerely,
Louise
ACCC Infocentre
Ph: 1300 302 502
..........................................
I knew I was probably wasting my time and this confirmed it.
Read Full Thread...
Latest: 2 Dec 08 13:41 Replies:
12
FollowUps:
9
Views:
970
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Best Off Road : 18 Nov 08 20:24
I well recall paying 40 cents per litre for Petrol in Janauary 1982....
I well recall paying 40 cents per litre for Petrol in Janauary 1982.
Some 26 years on we are paying $1.10. Given average inflation of 5%, it should be around $1.50, as it was a month or two back when everyone was screaming.
I can remember when a Potato Cake was 2 cents in 1970 and Petrol was 9 cents/litre (40 cents a gallon in those days). Spud cakes (Spud Scallops in some states) are now 80 cents each. Based on that Petrol should be $3.60 a Litre.
A piece of flake was 20 cents in 1973, Petrol was 12 cents a itre.. Now $4.50 to $5. Based on that Petrol should be $3 a litre.
Fuel is a very cheap commodity for what it does.
Jim.
Read Full Thread...
Latest: 20 Nov 08 19:37 Replies:
13
FollowUps:
23
Views:
986
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Goona : 18 Nov 08 14:44
Hi All, Recently I posted in post 63509 where to get the cheapest...
Hi All,
Recently I posted in post 63509 where to get the cheapest fuel across the
Nullarbor
from. Thank you to all that replied. I have updated all fuel stations that we stopped at/passed through in an effort to help out fellow travellers obtain the best prices for their travels. If I may ask fellow Explor Oz people if they can update the
fuel prices
in the "
Forum
– Share Stories, Ideas & Opinions" at the top of the
Forum
section then this will assist all of us so we can all obtain cheaper fuel.
Thanks
Goona
Read Full Thread...
Latest: 24 Nov 08 10:10 Replies:
2
FollowUps:
4
Views:
326
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Member - Tony B (QLD) : 17 Nov 08 16:18
Price was $117.9 for unleaded this morning. But get this - $145.9 fo...
Price was $117.9 for unleaded this morning. But get this - $145.9 for Diesel. 28c a ltr difference - What a joke! (Bad Joke)
Sorry I will never be able to understand why Diesel has now gone beyond petrol. We used to have/run Service Stations and diesel was always cheaper than Super & Unleaded, in fact quite a bit cheaper, even as we turned over the last century. Then for some strange reason in the last 6 or so years it has surpassed fuel by
miles
and stayed there. So if there is a lot of lame excuses why, in the long run we are basicly getting ripped off, shear profit making I would say. What do you think? Cheers Tony
Read Full Thread...
Latest: 17 Nov 08 18:48 Replies:
7
FollowUps:
8
Views:
487
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