Fuel Price Patterns...

Submitted: Wednesday, Apr 05, 2006 at 14:38
ThreadID: 32548 Views:2976 Replies:7 FollowUps:5
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Hey Team,
I was just looking at the info on the Fuel Prices section of this site and noticed the 60 day graph for QLD.

http://svc002.wic477dp.server-web.com/OntheRoad/FuelPrices/GetFuelGraph.asp?s=QLD&sid=6&nd=60

I don't reckon there's a better arguement than this graph to say that there is one day of the week where you'll pay top dollar and one day that you'll get it cheap! The ULP (green line) goes up and down in almost the same pattern each week. Does anyone have a day they fill up on to get the best price? I'm particularly interested in QLD but it could be the same for ULP across the states!

Cheers
Scoey
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Reply By: Scoey (QLD) - Wednesday, Apr 05, 2006 at 14:39

Wednesday, Apr 05, 2006 at 14:39
This might work??
AnswerID: 164999

Reply By: Rigor - Wednesday, Apr 05, 2006 at 14:59

Wednesday, Apr 05, 2006 at 14:59
Every Tuesday night in Brissy I fill up the wife's car . Cheapest day.

Dave L.
AnswerID: 165004

Follow Up By: Scoey (QLD) - Wednesday, Apr 05, 2006 at 15:15

Wednesday, Apr 05, 2006 at 15:15
Tuesday's the day you say? I gotta say I'm in such a habit of filling up every Friday fortnight that I don't notice which day is cheaper! I'll have a go at filling up on a Tuesday! Thanks!

Scoey.
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FollowupID: 419881

Follow Up By: Member - Oldplodder (QLD) - Wednesday, Apr 05, 2006 at 17:32

Wednesday, Apr 05, 2006 at 17:32
Used to thurdays / fridays a couple of years ago.

Now Tuesdays!

No reason to it is there!
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FollowupID: 419906

Reply By: Rokkitt - Wednesday, Apr 05, 2006 at 15:10

Wednesday, Apr 05, 2006 at 15:10
Hi,

We need a graph to make this apparent - I think not! I always fill up mid week and get the usual mid week "discount" in Victoria - cna be up to 10 cent discount from the weekend.

This is an obvious problem that requires urgent attention......but the powers that be continue to ignore the general population on this topic.

Rokkitt
AnswerID: 165007

Follow Up By: Scoey (QLD) - Wednesday, Apr 05, 2006 at 15:19

Wednesday, Apr 05, 2006 at 15:19
Hey Rokkitt,
Yeah maybe we don't need the graph but it spells it out pretty clearly I thought. You never know just how unobservant some people can be with regard to certain things. As I said above I fill up every Friday fortnight and am probably paying top dollar - I guess I'm just getting used to paying a high price for fuel I've stopped looking for cheaper days! The graph just gave me a bit of a wake up i guess - thanks for the input but! ;-)

Cheers
Scoey
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FollowupID: 419884

Reply By: andymitch - Wednesday, Apr 05, 2006 at 16:43

Wednesday, Apr 05, 2006 at 16:43
I assume that the black line is for Diesel. Looks as though it stays pretty flat, no consessions for the diesel user and I must say that the only movement I notice is it usually going up. Heard an exlanation the other day for justification for increases was that the US market was comming into summer and more fuel would be required for yanks holidays. The justification for rises just befoe their winter was that more fuel would be needed for heating. They trot out any excuse.
Andy
AnswerID: 165020

Follow Up By: Truckster (Vic) - Wednesday, Apr 05, 2006 at 17:27

Wednesday, Apr 05, 2006 at 17:27
Heard an exlanation the other day for justification for increases was that the US market was comming into summer and more fuel would be required for yanks holidays

Thats a new one.. add it to china needs it for heaters and cooking, and the need to update refineries, and that some country you never heard of needs it so they can (insert bleep poor excuse from government who take more of it in tax than the fuel companies make)...
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FollowupID: 419905

Follow Up By: andymitch - Wednesday, Apr 05, 2006 at 18:38

Wednesday, Apr 05, 2006 at 18:38
BP New Zealand used that one the other day to justify their 6c price jump, didn't last long as the other companies wouldn't follow suite
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FollowupID: 419932

Reply By: Rocky_QLD - Wednesday, Apr 05, 2006 at 17:30

Wednesday, Apr 05, 2006 at 17:30
Have made the discovery that ULP goes up at 11:30 am ish every Wednesday inner western suburbs of Brissie, today 13 cents per litre. Fill up on the way to work every Wednesday whether we need it or not.
AnswerID: 165037

Reply By: Charlie - Wednesday, Apr 05, 2006 at 17:40

Wednesday, Apr 05, 2006 at 17:40
I guess it's all supply and demand, Wednesday used to be a cheap day until a lot of people buying that day now Tuesday is the better day. I’ll leave the conspiracy theories to others but would suggest buying fuel on Monday if a long weekend is coming up.
Charlie
AnswerID: 165038

Reply By: Scubaroo - Wednesday, Apr 05, 2006 at 19:40

Wednesday, Apr 05, 2006 at 19:40
Shell have price history data on their website - the saw tooth pattern is because of the so-called "discounting cycle". I like to think of it as the "price-gouging cycle". In other words, petrol goes up every Wednesday (or whenever) so that they can slowly lower the price over the next week before yanking it back up the following week. It's not market forces, it's plain and simple price setting.

The fact that an oil company's website has a link on "best time to buy petrol" is a clear sign that fuel prices are a sham - they are manipulated and they know it.

Check out the graph for Vic - they have similar graphs for each state:

Shell website
AnswerID: 165062

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