Fuel Price Patterns...

This might work??

Every Tuesday night in Brissy I fill up the wife's car . Cheapest day.

Dave L.

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

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

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.

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

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