FUEL PRICES

It is called price fixing, is illegal but the powers that be seem to be unable to stop it.
I've been standing at the counter at the local servo when the phone call comes in to change the price to XXXXX at XXXX time.
I've also been tolf to come back later as it will be cheaper then.
But no there is nothing illegal going on!!!

Ask landy thats the way it is and they dont make large profits as I posted down the page.
6 billion in the first quarter.
Because they have no competion and the ACCC are most probably being paid by the oil companys.
Because we are being ripped off.
Because they can.

All the best
Eric

Current fuel prices have got me thinking, what if any effect it will have on sales of Petrol 4wd's? In some place's around the country Deisel is up to 18c per litre more expensive than ULP according to "fuel Prices" in the topics section of this site....

Andrea

Roger

That is potentially the fuel discount cycle at work. Those that argue for a stop to the abrupt price changes are in fact arguing for a stop to discounting. Under that scenario you get to pay the full price all the time. Now how can anyone be better off under that arrangement?

Fuel refining and retailing is a fine margin business that is an undisputed fact.

The fact that the price is trending higher is another issue altogether, however the arguments and complaints tend to become blurred into one issue. As for the claims about price fixing numerous inquiries have highlighted this not to be the case.

Fuel is a commoditised product and consumers are indifferent to whom they buy it from. So if the guy up the road drops his price, other retailers in the same locality need to do the same to ensure continued business because fuel is a volume business, if you aren’t selling it’s costing you money. When the price support is withdrawn the reverse happens and the price rises.

The problem with getting the argument wrong is that the fix (if there is one) will also be wrong, as is the case with the new FuelWatch scheme, under which we will all pay more, on average, than we would without the scheme. In fact, the winners will be the fuel retailers, the same people everyone is complaining ripping consumers off now!

But you’re right, this has been done to death and despite the facts being clearly presented here, and elsewhere, many still think there is some great conspiracy.

What get me is someone who should be riding a camel and has the biggest sand pit in the world is taking all my money.

The oil companies are taking their fair share but the price of a barrel is out of the ground price.

Will close now before the political correct police get me....

Redeye

G'day Roger,
This may be a very simplistic view and I'm happy to stand corrected by those who know.

A fuel station will try to sell off (lower price) their fuel before their next delivery to.......
1. maximise their delivery load = lower cost.

2. resell their fuel at the new (higher price) maximising the return to the fuel company.................. you can go where ever you want with that.

I could be wrong.

Cheers,
Wayne.