Channel Seven Sunrise Show Enquiring about Diesel Price,

Will certainly be interesting to see how much of an input these guys have on it. I cannt see it changing in a hurry but would be nice.

Any publicity is good publicity as they say, and if someone with a bit of clout like Sunrise can make a big enough issue of it who knows! Bring on $1 per litre for diesel I say

Cheers
Scott

That intervue with the NRMA rep was pointless IMO.....seemed to be more of a "make sure i get my face on TV" sort of intervue. The bloke didn't mention anything shocking, with no basis shown for the figures, just a simple statement or two which we have all heard before.

I just don't see the ball rolling just yet with this short story....agree though that fuel should always be cheaper :)

Andrew

Ahhh.. Tabloid TV at it's finest ;-)

And the end result will be??? SFA!
Just a ratings grab by a TV station.

And unfortunately builds the hopes of the masses without providing anything factual, just the usual it 'should' be cheaper argument.

I'm all for cheaper prices, but get the arguments wrong and it follows the solutions will also be wrong. And let's face it, it wouldn't be ratings friendly for Sunrise if they actually presented the facts as they are, better to whip up the hysteria of the masses.

Keep in mind the spread between ULP and diesel has widened in recent days because of heavy discounting of ULP, not because something has changed in the way diesel is being priced.

Good luck out there......

Currently there is up to 40cents dfference between diesel and petrol in Perth. Most of the big consumers, like the trucking companies, get big discounts (was 30cents a few months ago) The average motorist makes up a very small volume of sales so it it not important to the fuel companies

Neil

I saw diesel for under $1.30 a litre this week - a big change from the $1.85 only a few months ago.

We're leaving on our 12 month trip around Australia in 3 weeks so the current price is certainly welcome compared to what it was, but the lower it goes the better obviously.

There is a 23c/litre difference in Singapore parity pricing between diesel & unleaded - why? who knows.

But, based on that, the current price is about right when you compare it to unleaded which is currently around $1.10 at the top of the cycle. Diesel doesn't have the same cycle of discounting that applies to unleaded so early in the week when unleaded is heavily discounted (currently under $1.00) the difference between the 2 seems & is a lot greater.

Some facts...

Over the last three months the wholesale price of ULP has gone from 95c to 40c

Diesel has gone from 118c to 66c.

LPG has gone from 53c to 37c.

(prices from www.fuelwatch.com.au)

A Commonwealth Government excise of 38.143cpl is applied to all fuels on the retail market except LPG.

So if you reckon in the wholesale cost + excise + GST + profit margin then the current price of around $1/lt is pretty fair. Take the same logic and diesel SHOULD be about $1.26, based on it's higher wholesale price, which is governed by the market, not the oil companies.

Of more concern to me is why the heck hasn't the price of LPG come down considerably?? It's only dropped about 3cpl on a wholesale drop of 16cpl !!! Now THAT's a rip-off!

Now let's see Channel 7 explain THAT to the viewers, rather than just headline grab...

Bit like some banks not passing on the full interest cut.
So to the oil companies.

They do it cause they can.........mongrels.

Cheers.....Lionel.

Well here are some Diesel prices over the last week that I paid on our quick trip from Brisbane to Boulia and return ,, 3664 klm allup, used 503 lts , 7.23 klm per lt avg = 13.7 lts per 100klm.
Bris Fri AM 135.9
Chinchilla Fri 135.9
Morven Fri 151.9
Blackall Sat 139.9
Winton Sat 143.9
Boulia Sat 149.9
Winton Mon 143.9
Longreach Tue 136.9
Tambo Tue 138.9
Roma Tue 131.9
DalbyThu 123.9
Brisbane today Thu 129.9

Can understand the price variations out Boulia + Winton way ,, can even sort of justify Morven + Roma variation but no one can ever justify the price variation between Brisbane + Dalby.

I read that diesel is 40 cents a litre less than ULP in New Zealand.

Generally there are not enough people complaining about diesel so nothing is done about it. Everyone complains about Unleaded so they do something about it then make up their extra profit on Diesel and LPG.


Well thats my theory