Perth Fuel prices

We all (including myself) sit back and do nothing, If this was to happen in some countries there would be a riot, as it is so obvious that the marketing strategies of the big companys don't give a hoot about the exploiting of customers here in Aus. and we all just sit back and pay,pay, pay, PAY, PAY. I am certain we will be paying $2.00 L for diesel by the end of the year.

Apparently world oil prices are going through the roof at the moment.
Perhaps we should have followed the lead of a certain South American nation who will be fossil oil free by the end of this year.
But of course the oil industry is a powerful lobby group.

The answer? Do everything you can to encourage alternative fuels. Push for biodiesel. Australian Renwable fuels opened their first big plant in Adelaide last week. Demand and buy the stuff. The output from their Adelaide plant is already completely contracted out.They have more plants under construction. Buy shares in the company (ARW on the stock exchange) Hard to see them doing anything but going strongly up. If you had bought a few 1000 shares a year ago you would already have made enough profit to have more than offset fuel price rises this year. And the big companies are watching interest in biodiesel very closely, so every movement in ARW share prices sends big messages to the major companies.

Hi try living in the country, Margaret river is already 146cpl, however since xmas its been a home brew...... 17c per litre, only problem is all the dogs chasing the nissan ute down the road ... smells like a fish and chip shop :-)))) no side effects excpt 2nd gear at 2800rpm fades a little, I put it down to extra fuel filters and gravity fed fuel line before pump, will probably install another electric pump.

I have just got to Perth and fuel isCHEAPER in kalgoorlie

Get this scam, Woolworths petrol outlet Richmond NSW, Thursday 30 Mar 06;

approx. 3:00pm ULP $108.9

3:30pm $125.9

Fri 31 Mar

7:00am $108.9
Its a bloody scam, how can they possibly raise the price 17 cents and then over night drop it back to the original price. You and I did that we be charged for fraud, but oh no not these rip off merchants. The same mob were flogging Banana's at $4.95 during the week.

Hello All

I strongly , support the concept of bio fuels and the use of LNG . But the cost of bio fuels will rise towards petroleum equivelants and , as mentioned , the infrastructure for LNG is generally lacking [ though some householders on LNG compress their own ].

Mfewster is on the right track when he advocates investing in fuels to offset price rises , but you can do better.

I have free fuel , for life , and my money back , and so can almost all of you .

I have invested in a diversified range of blue chip energy stocks . If the price of oil doesn't go up , I make money . If the price of oil goes up , I make more money . The income from my investments pay for my petrol . At the end of my life , the investment forms part of my childrens inheritance . And in the meantime the investment is available for emergencies .

Where can you get the money to invest ? Many Australians have the financial flexibility to allocate funds as required . Others can make funds available by re-organizing priorities . For example , instead of buying a new 4WD , buy 2nd hand and invest the difference [ I did and I love my Disco]. For many who are struggling financially , they may still invest because thay have uncommitted assets in the family home . It works like this , your house has increased in value , and you have payed off some of the mortgage . You start by seeing a licenced investment adviser , your bank probably has one . Your investment adviser calculates value in your house , and how to release it by re-negotiating your mortgage without increasing your fortnightly repayments . You will borrow against the security of your house . He advises on the risks and returns of the investments available , and the hidden costs , and gains , of the exercise .

What are the investments ? For fuel , mine are in Colonial Fiirst State Global Rescources [ a managed trust fund , CFS are owned by WESTPAC ] . But everyone has different requirements and you must be guided by your licenced adviser .

Are there risks in this process . Yes . But if the price of oil keeps high , or rises , or supply diminishes , you are betting on a good thing . The period of the investment is assumed to be 5 to 8 years .