Petrol Price crisis...... - Page 39

kevino · 15-01-2022, 03:59 PM

Damo/franco

you know that that engine will just never die.
I put 20 litres of 91 in mine (LT TDCI) one day drove 200kms it stopped got a specialist diesel place to sort it out.
Car still ran beautifully after that.
Sold it at 278000 kms maybe I should have kept it.
Sure it will still be running somewhere at 350000kms.

Syndrome · 08-02-2022, 07:19 PM

Quote:

Originally Posted by Syndrome

Earlier this week I filled my car with 91RON. $123.60 for a full tank which is the most expensive fuel I've purchased to date. $2/litre by the end of 2022 coming.

Today $136 for 74 litres of 91 RON. Ouch!

**DJM83** · 08-02-2022, 07:27 PM

Paid 192Cpl for BP98 last week.
Is what it is IMHO
That said i drive my ute about 120km a week at best

Yellow_Festiva · 08-02-2022, 07:55 PM

Best thing to do is know the average price and keep an eye out for anything cheaper when you bump into it.

Even if you cram in $15 better than getting desperate and filling the tank where it's heaps expensive.

The apps are a great help in doing this. You can scan ahead your entire trip and plot where you can stop to fill.

Even a saving of a few cents will add up on an empty tank. Better in your pocket then theirs.

Whitey-AMG · 10-02-2022, 01:13 PM

Well…
It had to happen. Breached the 2 bux per litre milestone and 1st ever for me.
I paid 202.9c P/L for Shell V power last week ( outer east metro Melbourne )
$50.08 paid for 24.68L

Happy days…..

10-02-2022, 01:30 PM

Almost ran up the back of someone this morning when seeing the local servo listing E10 at $1.96 and not realising the car infront of me had stopped. That is absurd. What is going on?

**Burnout** · 10-02-2022, 03:58 PM

Fuel crisis - there is no fuel crisis.
If the price of fuel doubles today, how much for a lettuce tomorrow?
I drove through the last(real) one in the 70's, my car did 4mpg.

jpd80 · 10-02-2022, 06:26 PM

Quote:

Originally Posted by leesa

Almost ran up the back of someone this morning when seeing the local servo listing E10 at $1.96 and not realising the car infront of me had stopped. That is absurd. What is going on?

It could go to $2.50 or $3.00 a litre if prices keep jacking up the way they are.
Oil companies are learning that people will pay whatever it is, even if they have
to cut back on discretionary travel….

**DJM83** · 10-02-2022, 06:55 PM

Quote:

Originally Posted by Burnout

Fuel crisis - there is no fuel crisis.
If the price of fuel doubles today, how much for a lettuce tomorrow?
I drove through the last(real) one in the 70's, my car did 4mpg.

Shhhh you meant to complain about fuel prices in here

Adamz Ghia · 10-02-2022, 06:56 PM

The math just doesn’t add up, no matter how you spin it.

2008 the oil price was around $145 per barrel, and from memory the most I paid for fuel was $1.50 or so per litre.

Today the oil price is $91, and we’re pushing $2. Even if you allow for tax increases it doesn’t come close to what the price should be.

ivorya · 10-02-2022, 07:50 PM

It'll continue to stay high and rise. They need to look after the shareholders that may have missed their monster dividends due to the virus.

Also agree with JPD80, people will pay it, nomatter the price. It's essential!

Franco Cozzo · 11-02-2022, 12:29 AM

LPG is cheap again with 91 around $1.90/L and LPG being around $1/L

hayseed · 11-02-2022, 12:55 AM

Quote:

Originally Posted by Adamz Ghia

The math just doesn’t add up, no matter how you spin it.

2008 the oil price was around $145 per barrel, and from memory the most I paid for fuel was $1.50 or so per litre.

Today the oil price is $91, and we’re pushing $2. Even if you allow for tax increases it doesn’t come close to what the price should be.

Without Bothering to Google It..

I suspect the Exchange rate is a Factor..

Franco Cozzo · 11-02-2022, 09:29 AM

Quote:

Originally Posted by hayseed

Without Bothering to Google It..

I suspect the Exchange rate is a Factor..

Or printing money left right and centre so the Australian peso worth nothing

jpd80 · 11-02-2022, 03:28 PM

Quote:

Originally Posted by Adamz Ghia

The math just doesn’t add up, no matter how you spin it.

2008 the oil price was around $145 per barrel, and from memory the most I paid for fuel was $1.50 or so per litre.

Today the oil price is $91, and we’re pushing $2. Even if you allow for tax increases it doesn’t come close to what the price should be.

Our fuel prices are set off Brent which back in 2008 was $96/barrel for crude
If Brent was $145 we would be paying $3.60 a litre

Adamz Ghia · 12-02-2022, 12:03 AM

Quote:

Originally Posted by jpd80

Our fuel prices are set off Brent which back in 2008 was $96/barrel for crude
If Brent was $145 we would be paying $3.60 a litre

The page I’m reading has Brent topping out at $143.95 on 03/07/08.

Franco Cozzo · 12-02-2022, 11:39 AM

Paid $2.06/L for 98

Tell ya what been wheeling the old man's Fiesta ST w/Mountune option package for the past two weeks, managed 5.9L/100km calculated manually.

Usually driving my TDCI Focus as the daily, it does 5.7L/100km on the same trips with the same driver - and it makes the same torque but 59KW less power than the Fiesta ST.

Diesel sucks compared to modern turbo unleaded stuff, the only time diesel makes sense is if you're doing work rather than just transporting yourself around.

jpd80 · 12-02-2022, 01:59 PM

Quote:

Originally Posted by Adamz Ghia

The page I’m reading has Brent topping out at $143.95 on 03/07/08.

Sorry, I saw the spot price for February 2008 was $96 but agree that it was much higher later in the year.

The ACCC revealed that fuel companies actually lost $480 million in 2008, maybe the price
of fuel wasn’t high enough to cover their costs when oil spiked later in the year…

https://www.abc.net.au/news/2009-12-...l-accc/1183724

LG17 · 12-02-2022, 02:37 PM

Yesterday 91 was $180.9 ten km away in the nearest town.
The second closest town and others slightly further away was between $1.65.9 and $1.67.4.
I didn't get fuel in town.

.:4:. · 12-02-2022, 02:42 PM

So driving over to my brothers place, 98 was $1.71 down my street, but $2 down his street. We live 3 suburbs away.

Adamz Ghia · 13-02-2022, 02:33 AM

Have to wonder how long this can go on for before it starts affecting the economy structurally. The government might be loving the extra tax coming in, but companies haven’t passed on their increased costs in full yet, and if
transport remains high for a long period of time, they surely will.

Inflation is already higher than they thought it would be, once groceries start going higher again and rates climb at the same time, you’d have to think discretionary spending will fall. Households currently have savings from the last two years that they’re spending. Once that’s gone, where does their spending money come from?

EBSXR6 · 13-02-2022, 04:19 AM

Quote:

Originally Posted by Adamz Ghia

Have to wonder how long this can go on for before it starts affecting the economy structurally. The government might be loving the extra tax coming in, but companies haven’t passed on their increased costs in full yet, and if transport remains high for a long period of time, they surely will.

Inflation is already higher than they thought it would be, once groceries start going higher again and rates climb at the same time, you’d have to think discretionary spending will fall. Households currently have savings from the last two years that they’re spending. Once that’s gone, where does their spending money come from?

First time in months stopped in Whitehorse Rd Balwyn a well off suburb in Melbourne's East. I could not believe how many empty commercial properties as well as others that were up for lease.

Franco Cozzo · 13-02-2022, 05:44 PM

Quote:

Originally Posted by EBSXR6

First time in months stopped in Whitehorse Rd Balwyn a well off suburb in Melbourne's East. I could not believe how many empty commercial properties as well as others that were up for lease.

Go to Melbourne CBD and have a walk around, plenty of for lease signs up there, lots of bars/cafes gone.

No more free entry to strip clubs either, price has gone up to $30 for entry too

BENT_8 · 13-02-2022, 08:32 PM

We're only paying mid 1.70's P/L for diesel here in SA but at a time when they want people to help the regional economies get going its having the opposite effect as many people Im speaking to have cut right back on unnecessary travel.
I know personally having spent the working week traveling around different rural regions and having thoughts of taking the family back there on the weekends, once Friday afternoon comes around and youre looking at $60 to top up from the weeks work travel it turns you off the thought of having to do it again on Sunday should you decide to go somewhere inbetween so we just stay home or local.

fiestaz · 13-02-2022, 10:41 PM

Seeing e10 at $1.97 in sydney. Making standard unleaded $1.99
98 at $2.20+.

Franco Cozzo · 14-02-2022, 09:15 AM

Quote:

Originally Posted by BENT_8

We're only paying mid 1.70's P/L for diesel here in SA but at a time when they want people to help the regional economies get going its having the opposite effect as many people Im speaking to have cut right back on unnecessary travel.
I know personally having spent the working week traveling around different rural regions and having thoughts of taking the family back there on the weekends, once Friday afternoon comes around and youre looking at $60 to top up from the weeks work travel it turns you off the thought of having to do it again on Sunday should you decide to go somewhere inbetween so we just stay home or local.

I'm going to do a road trip next month, if I wasn't popping by a regional destination on the way to somewhere else, I'd have just booked flights to the capital cities.

The other hidden cost is what you consume in annual leave entitlements driving, because our national goat track network and its low speed limits so you end up sinking leave behind the wheel rather than at the destination.

One of my colleagues is from China and lamented on our ****ty rail network, over there they have trains that do 350km/h+, she made the mistake of taking the train between Melbourne and Sydney thinking it'd only be a few hours.

**FTE217** · 14-02-2022, 10:35 AM

paid $109.98 52litres of 95 @ $2.07L this morn......

jpd80 · 14-02-2022, 11:56 AM

Quote:

Originally Posted by FTE217

paid $109.98 52litres of 95 @ $2.07L this morn......

Ouch, I bet that stung……

hackney · 17-02-2022, 07:24 AM

The price of crude atm is @ $95 a barrel,with the dollar @ 71cents.No wonder it is so expensive.I have even seen LPG @ 109.9 per litre!

Adamz Ghia · 17-02-2022, 04:43 PM

Quote:

Originally Posted by hackney

The price of crude atm is @ $95 a barrel,with the dollar @ 71cents.No wonder it is so expensive.I have even seen LPG @ 109.9 per litre!

The dollar is 25% lower as it stands from the 2008 oil price peak, however the oil price is 37% lower than the same point and petrol per litre (prices I have personally witnessed, highest I’ve seen for 91 is $1.899) is 27% higher.

If only I could run a business that way and get away with it!