Who's afraid of the Petrol Price Commissioner

Submitted: Sunday, Dec 23, 2007 at 08:21
ThreadID: 52779 Views:2549 Replies:2 FollowUps:17
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Reply By: Member - Cruiser (NSW) - Sunday, Dec 23, 2007 at 08:47

Sunday, Dec 23, 2007 at 08:47
What amazes me is that as soon as the price of crude goes UP, so does the price at the bowser, but when the price of crude goes DOWN, the price at the bowser does not.

How does that work.
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Follow Up By: Gramps (NSW) - Sunday, Dec 23, 2007 at 09:07

Sunday, Dec 23, 2007 at 09:07
They use the same formula as the banks re interest rates :)))

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Follow Up By: Member - JohnR (Vic)&Kath - Sunday, Dec 23, 2007 at 09:14

Sunday, Dec 23, 2007 at 09:14
Gramps, the interbank rates have changed as different companies see others as risks. That is what happened as a friend found out at Centro. Bankers want reward for perceived risk, no matter the actual.
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Follow Up By: Gramps (NSW) - Sunday, Dec 23, 2007 at 09:17

Sunday, Dec 23, 2007 at 09:17
JohnR,

Maybe they should only receive "perceived" rewards as well :)



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Follow Up By: Member - JohnR (Vic)&Kath - Sunday, Dec 23, 2007 at 09:20

Sunday, Dec 23, 2007 at 09:20
"Perceived taxes" on "perceived" rewards, sounds like governent has changed alright ;-))))
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Follow Up By: Member - JohnR (Vic)&Kath - Sunday, Dec 23, 2007 at 09:21

Sunday, Dec 23, 2007 at 09:21
ahhh, perhaps my perception is wrong.............. LMAO
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Follow Up By: Gramps (NSW) - Sunday, Dec 23, 2007 at 09:23

Sunday, Dec 23, 2007 at 09:23
Ssshhhh you'll wake the ruddites ... er luddites ahhh forget it LOL
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Follow Up By: Jim from Best Off Road - Sunday, Dec 23, 2007 at 12:10

Sunday, Dec 23, 2007 at 12:10
Still not over that election result 'ey lads? LOL

You'd better get used to it, history tells us that Australians always give new governments at least two terms. Even worse news for you, since 1975 the average has been 4.33 terms. Even worse still the recent pattern has been 4, 5, 4 terms; if this follows it'll be the 2022 before we see change of government again.

Sorry boys, no opinion on my part, just trying to brighten you up :-)

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Follow Up By: Member - JohnR (Vic)&Kath - Sunday, Dec 23, 2007 at 13:26

Sunday, Dec 23, 2007 at 13:26
Come on Jim, you will be finding as a business person now rather than an employee, even you will change. Perhaps by then, you will be out of business, lost it to the Ruddites. LOL
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Follow Up By: Jim from Best Off Road - Sunday, Dec 23, 2007 at 14:05

Sunday, Dec 23, 2007 at 14:05
I've been in business before John, owned a Motel and Restaurant for 8 years. I actaully found Labour Party policiy of putting more money in the hands of lower income earners helped me.

As a rule, and this is a generalisation, give poor people money and they spend it; give it to the wealthy and they invest it.

Anyway, didn't want to start a political debate, just thought I'd wind you two up a bit LOL.

Cheers,

Jim.

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Follow Up By: Gramps (NSW) - Sunday, Dec 23, 2007 at 14:49

Sunday, Dec 23, 2007 at 14:49
Tick - tock - tick - tock .... running fine LOL
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Follow Up By: Member - JohnR (Vic)&Kath - Sunday, Dec 23, 2007 at 16:49

Sunday, Dec 23, 2007 at 16:49
Me too Al, I don't have a wind mechanism. Jim there is so much in middle class welfare, they have bought bigger houses this time.
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Reply By: Footloose - Sunday, Dec 23, 2007 at 08:52

Sunday, Dec 23, 2007 at 08:52
News this morning tells me that the price of petrol has dropped 5c/l after being put up by the same amount on first day of holidays, despite no increase imported oil.
Surprise, surprise.

Some time ago I posted about obscene fuel company profits, and was throughly blasted, hung drawn and quartered for it.
It seemed as though everyone either had shares in them or owned a servo. Who the heck was I to whinge?
Since then we have had numerous posts on the price of fuel.
My, my.

They alwaysa shoot the messenger, don't they?
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Follow Up By: Gramps (NSW) - Sunday, Dec 23, 2007 at 09:09

Sunday, Dec 23, 2007 at 09:09
Such is the life of a prophet :)))

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Follow Up By: Member - JohnR (Vic)&Kath - Sunday, Dec 23, 2007 at 09:17

Sunday, Dec 23, 2007 at 09:17
F'loosie for prophet, F'loosie for prophet.

Vote [1] F'loosie for prophet


Who is to be shot?
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Follow Up By: Footloose - Sunday, Dec 23, 2007 at 09:19

Sunday, Dec 23, 2007 at 09:19
Yeah, nose telstra dame us eat yer heart out LOL
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Follow Up By: Gramps (NSW) - Sunday, Dec 23, 2007 at 09:26

Sunday, Dec 23, 2007 at 09:26
LOL it must be that country air Footy because I know you don't drink.

Being a prophet suits you given your predilection for wandering aimlessly in the desert. Just don't go sitting naked and crosslegged on some pointy mountain peaks though hahahahaha

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Follow Up By: Footloose - Sunday, Dec 23, 2007 at 09:40

Sunday, Dec 23, 2007 at 09:40
Gramps, 40 days and nights in the desert without food or water doesn't do it for me.
Sitting around naked...might not be my prophecies that come back to bite me on the derriere!
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Follow Up By: Member - JohnR (Vic)&Kath - Sunday, Dec 23, 2007 at 13:31

Sunday, Dec 23, 2007 at 13:31
We wouldn't allow you in the desert without the solar panels and an HF radio F'loosie. Sure you could rig up the laptop for internet conection every few days to keep the weather eye on the fuel prices. ;-)))
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