petrol prices

Submitted: Thursday, Apr 24, 2008 at 07:27
ThreadID: 56946 Views:2162 Replies:7 FollowUps:10
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I was watching American TV this morning and they are getting worried petrol has risen to $3.75 per gallon that makes it about $1.00 per litre.
Can we get it from there on via the web like most things.

All the best
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Reply By: Member No 1- Thursday, Apr 24, 2008 at 09:09

Thursday, Apr 24, 2008 at 09:09
but you forgot to add shipping costs and GST Eric
AnswerID: 300217

Reply By: Member - Beatit (QLD) - Thursday, Apr 24, 2008 at 10:27

Thursday, Apr 24, 2008 at 10:27
AND the government will want its excise and GST so in the end it will cost you more.

Kind regards
AnswerID: 300232

Reply By: Member - Tony W (VIC) - Thursday, Apr 24, 2008 at 12:41

Thursday, Apr 24, 2008 at 12:41
I know it is getting expensive but they have to spend billions on finding it, pay wealthy Arabs obscene amounts of money, spend billions on refineries, then put it on a ship to Australia, pay the Australian government obscene amounts of money, store it safely, transport it to your local petrol station then it comes to $1.50 per litre.

Contrast this to a litre of bottled water which Coca Cola pays 0.000000003 dollars per litre for under an agreement with the Vic government, filters it, puts it in bottles worth about 8c ea, pays 10% to the government then transports it to your local store and sells it to you for $2.75 per litre.

Petrol looks amaizingly cheap when you look at it this way.

AnswerID: 300247

Follow Up By: Best Off Road - Thursday, Apr 24, 2008 at 14:54

Thursday, Apr 24, 2008 at 14:54
I put up a similar suggestion a while back and got lambasted.

A litre of juice costs about the same as a Mars Bar.

The reality is petrol is actually quite cheap considering what it allows you to do. Try propelling a 1500 kg vehicle for 10 kilometres with a Mars Bar.


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Follow Up By: Saharaman (aka Geepeem) - Thursday, Apr 24, 2008 at 19:31

Thursday, Apr 24, 2008 at 19:31
Tony W is absolutely correct. Fuel is really very cheap for what it is we get. But probably not for much longer. I recently read an article quoting a speech made by Roger Corbett (he is ex CEO of Woolworths, a board member of Wal Mart the largest retailer in the world, and just recently appointed Board member of our Reserve Bank - a business man of some repute), talking about the increasing cost of energy as the biggest challenge facing businesses world wide. But here's the interesting bit - he predicts "a 10 fold increase in transprt fuel within 10 years". What he is saying is diesel at $15 per litre by 2018 !!! I do not necessarily agree with him but the fact is world oil production is finding difficulty keeping up with supply.
The prices we are paying now are really incredibly cheap compared with what we will have to pay in the future.
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Follow Up By: Saharaman (aka Geepeem) - Thursday, Apr 24, 2008 at 19:35

Thursday, Apr 24, 2008 at 19:35
ooops ... that should be keping up with demand.
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Reply By: pmacks - Thursday, Apr 24, 2008 at 12:45

Thursday, Apr 24, 2008 at 12:45
hey Tony

i am not sure why people keep on compairing petrol prices with coke ? i for one dont use 160 lts of coke a week

AnswerID: 300249

Follow Up By: Crackles - Thursday, Apr 24, 2008 at 15:07

Thursday, Apr 24, 2008 at 15:07
The comparison is made not on consumption but the cost to produce it. People winge when fuel hits $1.50 per L but say nothing when a litre of coke costs the same yet production & transport costs are not even close. It's as though we are happy to be overcharged when buying 100 small individual purchases but if we buy lots of one item expect it for next to nothing.
Cheers Craig...........
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Follow Up By: Best Off Road - Thursday, Apr 24, 2008 at 15:35

Thursday, Apr 24, 2008 at 15:35
Superbly put Craig.

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Follow Up By: Member - Olcoolone (S.A) - Thursday, Apr 24, 2008 at 15:36

Thursday, Apr 24, 2008 at 15:36
The reason people don't winge about Coke is it's a luxury, much the same a cigaretts.

The oil companys are buying oil for 75 cents per liter at the monent.

When petrol prices went from $1.00 to $1.30 about 2 years ago our fuel costs increased by $7000 per year, to recover that money we had to increase our turnover by $31000.

The price of fuel is only going to get worse.

From October 2007 to today we have seen a 27% increase in the price of a barrel of oil.

In London they are paying about $2.30 per liter.

Have a look at this link.

Regards Richard

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Follow Up By: The Landy - Thursday, Apr 24, 2008 at 16:09

Thursday, Apr 24, 2008 at 16:09
It is all about demand...and that isn't going to change. Higher prices are here to stay, and there is little control we have over that.

Mind you, Australia's price of fuel is ranked amongst the lowest in the OECD, it doesn't help when forking out the cash, but plenty of others are paying a much higher price.

And FuelWatch won't be the panacea that many are expecting it to be.
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Follow Up By: Col88 - Thursday, Apr 24, 2008 at 17:26

Thursday, Apr 24, 2008 at 17:26
Olcoolone, They may well be paying $2.30 per litre in London, but 6 years ago they were paying about $1.85, so it has gone up 25%.

In the same time our petrol has gone from about 90c per litre to $1.50, or up about 66%.

We are getting screwed everywhere you turn in this country - look at the price of meat. If we don't wake up to it here, where will it end.

There are a couple of supermarket chains with alot to answer for!
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Follow Up By: Member - Davoe (Yalgoo) - Thursday, Apr 24, 2008 at 17:37

Thursday, Apr 24, 2008 at 17:37
Funny you should mention meat.
An incensed beef farmer was on the radio. He had gone to japan to visit his daughter now weve all heard about the high beef prices in japan. He went into the supermarket for a look see and his jaw dropped when
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Reply By: Member - Roger B (VIC) - Thursday, Apr 24, 2008 at 19:27

Thursday, Apr 24, 2008 at 19:27
Six years ago,2002, on our trip around the Western half of Australia, our cheapest fuel was 83.9 cpl, and the dearest $1.45 cpl. The average for the trip was $1.01. I'll have to save a little harder to do it again. Cheers.
AnswerID: 300297

Follow Up By: Member - DAZA (QLD) - Thursday, Apr 24, 2008 at 20:03

Thursday, Apr 24, 2008 at 20:03
Hi All

I am about to go from full on with our business, to semi- retirement mode, and still have a good income, we pass all of our running costs,
on to our client. which is a Government Agency.
I feel for the average wage earner, and some small businesses that
are really finding it tough, You only have to see people fueling up
at the servos, and they grimace, when they pull out the plastic card
and pay on credit, and worse still the Pensioners who live on a
Pityfull amount of money, but need that dam motor vehicle to keep
the little bit of independance they still have.
I still have a small listing of pensioners, that ring up and want a
plumbing job done, and want to pay as soon as you finish the job,
I tell them we will send an account, but bugger it, we never do.

FollowupID: 566469

Reply By: Willem - Friday, Apr 25, 2008 at 09:21

Friday, Apr 25, 2008 at 09:21
Yeah, the Old Order changeth

I started organising a remote trip about a year ago. Can't remember what the price of fuel was then but I flippantly factored in $2 litre in the outback for this year. I am not far off the mark now. I fuelled up last week as the price was still a low $1.61/l for diesel. Cost $475 which is more than my fortnightly pension payment. Trip will commence soon and it remains to be seen what the fuel price will be out along the Gary Junction Road.

This going to have to be my last remote trip unless I am able to save more for future forays into the Never Never. And very soon we might have to cut down to one vehicle instead of one each.

The vicious circle of price rises and interest rate rises will have to be combatted by the Government with a rise in Social Security Payments or we will be slipping back into a Third World status slowly but surely. The rich will always be richer and the poor will be eating beans and lentils.

But it has been a good life up till


AnswerID: 300387

Reply By: howesy - Friday, Apr 25, 2008 at 10:35

Friday, Apr 25, 2008 at 10:35
I,ve got an idea why dont all you people who think petrol is so cheap and can obviously afford it write to the government and volunteer to pay double for your fuel to subsidise the ones who cant afford it.
My sister lives miles from any services and has four kids and a mortgage like lots of others. there is no public transport and fuel in remote areas is a necessity. She cant say "stuff we wont get fuel" but she can say "stuff it we wont get coke or bottled water"
Their mortgage might be a little lower than some city ones but at the moment they are trying to survive on 25K a year. I find the people who usually say these kind of things are the ones who can afford it or who live in the city with well paid jobs. I'm lucky I'm reasonably paid and can afford the fuel but it still annoys to pay these prices when I know that there are people who really hurt with this. I dont think petrol is cheap and I resent paying what we pay but I fully support the subsidy scheme go for it guys put in for it, petrols still cheap remember. Besides they sell spring water out my way for 25 cents a litre (bring your own bottle) which makes petrol outrageously expensive.
AnswerID: 300399

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