Why is fuel so expensive?

Submitted: Wednesday, Apr 13, 2005 at 22:11
ThreadID: 22043 Views:1771 Replies:6 FollowUps:7
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Oh, the tax on fuel.

If you're old enough to remember, it was brought in back in 1979 under the guise of "World Parity Pricing". The rationale was that by charging us a tax to bring our own oil prices up to world standards (at a time that we were producing 80% of our own needs) would lessen the use of oil.

What an absolute "Porta Potti" full.

It was nothing more than a tax grab that we are still suffering from, although to a larger degree these days.

And who introduced this "excise".

I'll tell you.

It was,

"His Oiliness"

The then Treasurer.

The Member for Benelong (and still is).

The current Prime Minister.

JOHN WINSTON HOWARD.

These are facts, not political opinion.

Make your own decisions.

Cheers,

Jim.
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Reply By: Bros - Wednesday, Apr 13, 2005 at 22:45

Wednesday, Apr 13, 2005 at 22:45
The mongrel.
Cheers,
Bros.
Work is the curse of the down and out bludger.

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AnswerID: 106619

Reply By: muzzgit (WA) - Thursday, Apr 14, 2005 at 00:40

Thursday, Apr 14, 2005 at 00:40
Local talkback radio in Perth this morning announced that Americans are up in arms because petrol has gone up.

The poor darlings are now paying the equivelent of Aus 60c per litre.

Put that in ur pipe and smoke it !! LOLOLOL
AnswerID: 106634

Follow Up By: Homeboy - Thursday, Apr 14, 2005 at 07:50

Thursday, Apr 14, 2005 at 07:50
Just about to move over from the the UK and paying the prices out in Australia will seem so cheap for us as we're paying at least double for fuel here, although when you take into account the distances we drive it does fail into comparision!

Sasha (Mrs Homeboy)
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Follow Up By: Member - Jeff M (WA) - Thursday, Apr 14, 2005 at 12:21

Thursday, Apr 14, 2005 at 12:21
Yeah you don't drive 75kms a day just to get to the office!
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Follow Up By: Homeboy - Thursday, Apr 14, 2005 at 15:29

Thursday, Apr 14, 2005 at 15:29
Now there's a scary thought!

Sasha
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Follow Up By: Michael ( Moss Vale NSW) - Thursday, Apr 14, 2005 at 20:32

Thursday, Apr 14, 2005 at 20:32
I drive 100ks to the door 6days a week and then do it all again to get home!!! Boy it ain't easy sometimes!!!
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Follow Up By: Homeboy - Friday, Apr 15, 2005 at 02:31

Friday, Apr 15, 2005 at 02:31
and then you go away on holidays driving ....but a lot more fun :o)

Roy says you haven't got all the traffic we have here though.

Small country with large population and an awful public trasnport systems = huge traffic jams everywhere!!!! certainly won't miss the M4 corridor to London I can tell you.

Sasha
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FollowupID: 363800

Reply By: Member - Alan- Thursday, Apr 14, 2005 at 10:28

Thursday, Apr 14, 2005 at 10:28
Good morning Sasha. It may suprise you to know that irrespective of the difference in the size of our land mass, we travel about 20,000klms (12,000 miles)average per year the same as you do.Not many people commute between Sydney and Perth every day by car for a living.
Where it may make a difference is the distance we'll drive to get to our favourite holiday destinations ........ Perth to Kunnanura for example around 2500klms.

Our pollies in all our different governments would just love to tax fuel as much as it is in the UK is, but being the weak liley livered lot they are, they wouldn't dare !
At least I hope the bas...ds don't.
AnswerID: 106674

Follow Up By: Homeboy - Thursday, Apr 14, 2005 at 15:27

Thursday, Apr 14, 2005 at 15:27
Wouldn't they all love to put more tax on fuel but it has got a bit beyond here I have to say. mmmmm Politians not my favourite subject glad to hear it won't be in Oz either :o)

Sasha
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Reply By: flappa - Thursday, Apr 14, 2005 at 17:08

Thursday, Apr 14, 2005 at 17:08
Wasn't this "excise" , supposed to be like a User pays Tax , used to fix/maintain/build roads.

I mean , theoretically , its not a bad idea. . . . you use the road more , you pay more to maintain it . . . BUT . .

How much ACTUALLY goes to this . . . . ???

Not much I would say.
AnswerID: 106749

Reply By: Michael ( Moss Vale NSW) - Thursday, Apr 14, 2005 at 20:28

Thursday, Apr 14, 2005 at 20:28
Hey jimbo!!! you should tell us how u feel instead of beating around the bush LOL!!
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Follow Up By: Member - Jimbo (VIC) - Thursday, Apr 14, 2005 at 21:39

Thursday, Apr 14, 2005 at 21:39
Mike, subtlety is not my strong suit.

I call it as I see it it.

Say it as you see it I say, but don't lie.

Cheers,

Jim
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FollowupID: 363784

Reply By: Nifty,, - Thursday, Apr 14, 2005 at 22:33

Thursday, Apr 14, 2005 at 22:33
Under the World Parity Pricing system the price of fuel dropped 11 cents a litre in the early nineties but the Hawke Government only gave back half that amount at the time, I don't know how WPP has effected prices in the last decade .
Also 'Excise' is based on volume so the government's take theoretically goes down when the price goes up as people are effected in the hip pocket .
AnswerID: 106810

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