Welcome to the Australian Ford Forums forum.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and inserts advertising. By joining our free community you will have access to post topics, communicate privately with other members, respond to polls, upload content and access many other special features without post based advertising banners. Registration is simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact us.

Please Note: All new registrations go through a manual approval queue to keep spammers out. This is checked twice each day so there will be a delay before your registration is activated.

Go Back   Australian Ford Forums > General Topics > The Pub

The Pub For General Automotive Related Talk

Reply
 
Thread Tools Display Modes
Old 23-01-2009, 04:42 PM   #1
CSV_LS1
I used to have a nice car
 
CSV_LS1's Avatar
 
Join Date: Dec 2004
Posts: 1,993
Default $1.19L Petrol with $42 barrel Oil

What the hell is going on? Petrol went up to 1.19 at the beginning of this weeks cycle in Melbourne and oil is $42.81 atm. Did the government decide they need to make more money off the fuel and add another tax again?

Sorry if this is a repost, i couldn't find another thread.

CSV_LS1 is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 04:46 PM   #2
DJL351
XR & FPV Owner
 
DJL351's Avatar
 
Join Date: Apr 2005
Location: On the Dark Side of The Moon
Posts: 2,360
Default

Aust long weekend..... enough reason for them to screw us over. (so they think)
__________________
2005 BF GT (6sp manual - Build #183)
2015 SZ MkII Territory Titanium
2016.75 LZ Focus Sport

Quote:
probably the stupidist post on aff - congrats
Quote:
Originally Posted by flappist
There was once a time when every young man in this country was familiar with firearms and many owned them privately along with a stock of ammo and some bush gear.

Now the best we can hope for is to unfriend them on facebook then SMS their commanders with !!!1!!!!!!11!1!! and then finally plank a tank.......
DJL351 is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 04:48 PM   #3
XBROO
Obsessed with wheels
 
XBROO's Avatar
 
Join Date: Dec 2006
Posts: 2,298
Default

Yeah it's gone up here as well and it's hard to find a fuel station that has premium unleaded, well thats in Ipswich anyway.
XBROO is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 04:48 PM   #4
olfella
Cranky old bastard
 
Join Date: Dec 2004
Posts: 9,397
Default

Must be our weak dollar??
olfella is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 04:48 PM   #5
hy_boi
Alan! Alan! Alan!
 
hy_boi's Avatar
 
Join Date: Jul 2007
Location: Sydney
Posts: 347
Default

yep. Yesterday here in nambour @ $.97.9 today as I look at the servo across the rd $1.08.9.

There should be no excuse.
hy_boi is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 04:50 PM   #6
XR8putts
Guest
 
XR8putts's Avatar
 
Join Date: Feb 2005
Location: Auckland, NZ
Posts: 2,908
Default

Mate it's not just you guys, petrol prices have shot up in a massive way here in NZ over the last two weeks.
XR8putts is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 04:53 PM   #7
vztrt
IWCMOGTVM Club Supporter
 
vztrt's Avatar
 
Join Date: Sep 2005
Location: Northern Suburbs Melbourne
Posts: 17,816
Valued Contributor: For members whose non technical contributions are worthy of recognition. - Issue reason: vztrt is one of the most consistent and respected contributors to AFF, I have found his contributions are most useful to discussion as well as answering members queries. 
Default

Not saying profiteering is going on.

But if you followed the oil price and our dollar:

Recently oil was at $36-38 and the dollar was above US70c
Now oil is 40 odd dollars and our dollar is US64-65c.
__________________
Daniel
vztrt is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 04:56 PM   #8
Sorted
OzEcruisers PRESIDENT
 
Sorted's Avatar
 
Join Date: Mar 2005
Location: Melbz
Posts: 15,770
Community Builder: In recognition of those who have helped build the AFF community. - Issue reason: For all the contributions you make to the AFF community. 
Default

I am waiting for them to Bring out the Excuse it was because Pirates Held their boat for ransom and as they had to pay millions to have the boat released this has to be past on to the consumer :evil3:
__________________
1994 Ford Fairmont EF NA 6cyl Man 3.9 diff Sedan
PROEF 13.46 @ 105.78mph

Tuned by DYNOMOTIVE

200BUX - AFF Drag Nats 2019 EF Wagon
Quote:
Originally Posted by rednose View Post
Common knowledge that the more weight you take out of the car the less power you need to run the time.
Sorted is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 05:07 PM   #9
JPFS1
FF.Com.Au Hardcore
 
JPFS1's Avatar
 
Join Date: Dec 2004
Posts: 2,507
Valued Contributor: For members whose non technical contributions are worthy of recognition. - Issue reason: Thoughtful contributions to our community. 
Default

It's a lot more complicated than that.

Firstly, Australia is not linked to the WTI/Crude Oil market which our media continually rant on about.

We are linked directly to the TAPIS oil market (Singapore).

Then there is a myriad of other market factors that determine the price (not OIL companies as many think).

Check out www.aip.com.au if you want to know what contributes to it.
JPFS1 is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 05:15 PM   #10
ross96mac
Regular Member
 
Join Date: Apr 2007
Posts: 32
Default

the price of a barrel of " Texas Tea " has come down from its high by 77%, our dollar against the " Yankee Dollar " has dropped 35%.... someone, somewhere is making a motza! remember tho that the Oz govt. takes about .38 cents excise plus .10 cents GST per litre at $1.10 retail... and they are fixed, excise does not drop just because the price of " Texas Tea" does.
so I suggest we all do a Jed Clampett.....
sorry, you young 'uns probably don't know about the Beverly Hillbillys!
ross96mac is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 05:17 PM   #11
JPFS1
FF.Com.Au Hardcore
 
JPFS1's Avatar
 
Join Date: Dec 2004
Posts: 2,507
Valued Contributor: For members whose non technical contributions are worthy of recognition. - Issue reason: Thoughtful contributions to our community. 
Default

Further to that... TAPIS is the most expensive of the types of OILS - it's about $US5/bl more than WTI/Brent.
JPFS1 is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 05:26 PM   #12
Iggypoppin'
Chasing a FORD project!
 
Iggypoppin''s Avatar
 
Join Date: Jul 2008
Location: adelaide
Posts: 5,127
Default

fuel rose to 121.9 in adelaide after 102.9 on tuesday. go figure.
__________________
Quote:
Originally Posted by HSE2
Today we might get beaten at some of our own game. Tomorrow we reinvent it.
Game. Reinvented.

1996 BMW 740iL V8. TV, phone, leather, sunroof, satnav, all as standard. Now with 19" TSW Brooklands, 2 1/2" stainless steel exhaust, plus more coming soon.
Iggypoppin' is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 05:29 PM   #13
phillyc
FF.Com.Au Hardcore
 
phillyc's Avatar
 
Join Date: Mar 2005
Location: Newcastle
Posts: 3,252
Valued Contributor: For members whose non technical contributions are worthy of recognition. - Issue reason: Always factual and beneficial. 
Default

Quote:
Originally Posted by JPFS1
It's a lot more complicated than that.

Firstly, Australia is not linked to the WTI/Crude Oil market which our media continually rant on about.

We are linked directly to the TAPIS oil market (Singapore).

Then there is a myriad of other market factors that determine the price (not OIL companies as many think).

Check out www.aip.com.au if you want to know what contributes to it.
Great link to that site. Much appreciated JPFS1

Interesting to note that while unleaded was 99cpl on Monday here in Newcastle, Diesel was 129cpl.

Look at that site and the terminal gate price difference is just 5cpl. So the retailers are therefore making 24cpl extra on diesel...

Also, the price of unleaded has gone from 99cpl to 119cpl today, when the gate price has increased by just 7cpl in that period. The retailers are therefore making an extra 12cpl profit.

NB I even saw diesel on Monday at Sandgate Caltex for 119cpl. Nth Lambton Caltex had it for 147cpl on the same day... Don't even buy diesel and i am peeved at this.
__________________
BA2 XR8 Rapid M6 Ute - Lid - Tint -18s
226.8rwkW@178kmh/537Nm@140kmh 1/9/2013
14.2@163kmh 23/10/2013

Boss349 built. Not yet run. Waiting on a shell.

Retrotech thread
http://www.fordforums.com.au/showthr...1363569&page=6
phillyc is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 06:50 PM   #14
redxm
64 Deluxe 4 door
Donating Member3
 
redxm's Avatar
 
Join Date: Jun 2007
Location: Raxacoricofallapatorius
Posts: 10,155
Default

petrol stations are like brothels. Every time you visit one you are guaranteed to be f$$$ed
__________________
XM Deluxe
FG XR50
BA Pursuit Ute
redxm is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 09:43 PM   #15
Cuey
Built Ford Tough
 
Cuey's Avatar
 
Join Date: Nov 2005
Posts: 235
Default

There is a great story in wheels this much about how petrol prices are calculated, it reads something like this per litre


Shipping 12c
Unpacking 7c
Transport 10c
Aus Fuel Excise 38c
Servo Margin 7c
GST 8c
And there are a few other things that I can't remember

Wheels total was $1.10 per litre

It makes sense...
__________________
What the hell is Diversity?

"I believe it was an old, old wooden ship used in the civil war era."

Ron Burgandy - Anchorman
Cuey is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 09:59 PM   #16
MITCHAY
FF.Com.Au Hardcore
 
Join Date: Apr 2005
Location: Canberra
Posts: 13,297
Default

Hehe for once the Australia Day weekend won't bone me over. I haven't filled my car up in nearly 4 weeks and still have half a tank
MITCHAY is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 10:03 PM   #17
Redrum
Force Fed Fords
 
Redrum's Avatar
 
Join Date: Nov 2005
Location: Victoria
Posts: 5,567
Default

Nothing more than profiteering and all major parties involved, from the oil companies to Chairman RUDD. They all are gaining extra income at our expense.
__________________
2021 Focus ST-3 Mountune Enhanced
Redrum is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 10:35 PM   #18
muppet
Regular Member
 
muppet's Avatar
 
Join Date: Mar 2006
Location: Newcastle
Posts: 282
Default

Ok how does this work then?
In the first gulf war oil was around $90 a barrel and the Australian dollar was 50 to 60 c US and petrol was 75 to 85c a L.
It,s just a strait up rip off and I really wish people would stop defending it as just the way it is. Petrol should be 80 to 90 c a L with the price of a barrel of oil(well really it should be cheaper like about 50c lol like that will happen).
__________________
xb coupe. 351c, roller cam, 4v's,funnel web,and a whole pile of other crap .c4 2800 stall.9in,3.5, detroit locker.
muppet is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 10:38 PM   #19
whynot
FF.Com.Au Hardcore
 
whynot's Avatar
 
Join Date: Nov 2005
Posts: 936
Default

No conspiracy theories required. There has been a major oil refinery failure (I think) in Singapore. Australian motor spirit prices closely follow the refinery gate prices in Singapore. The price should be back to normal in about a month’s time.

Notice how the price of diesel has fallen in the last few weeks? This is due to the economic slowdown, causing a reduction in electricity consumption, which flows onto a reduction of diesel fuel. Diesel is a main source of generator fuel in Asia.

I was reading somewhere that there has not been a new oil refinery built in Western countries for over thirty years. Two reasons; environmental protests and not enough profits in refinery.
whynot is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 10:38 PM   #20
MITCHAY
FF.Com.Au Hardcore
 
Join Date: Apr 2005
Location: Canberra
Posts: 13,297
Default

Reality is that oil companies can charge whatever they want, rip off or not as the world is very much dependent on it :
MITCHAY is offline   Reply With Quote Multi-Quote with this Post
Old 23-01-2009, 10:53 PM   #21
schmidty
FF.Com.Au Hardcore
 
schmidty's Avatar
 
Join Date: Mar 2005
Location: Perth
Posts: 1,562
Default

My local Shell has still been sitting on $1.01.9 The BP 200m down the road went up to $1.19.9 on monday. Still even in the last hour i've seen quite a lot of Perth servos below $1.02. If the price really has risen 18cpl how can half still be selling it for the low price 1 week on from when the prices started to rise? They're pretty high turn over service stations, definately not still on the same load of fuel from a week ago.
schmidty is offline   Reply With Quote Multi-Quote with this Post
Old 24-01-2009, 12:08 AM   #22
last fairlane
FF.Com.Au Hardcore
 
last fairlane's Avatar
 
Join Date: Jan 2008
Location: brisbane
Posts: 1,320
Cool fuel prices

Hi Every one is blaming everyone else I can remember when doing my apprentiship in the sixties at an Amoco garage super was 40cents a gallon
diesel was 20 cents a gallon now divide that by 4 and a bit to get litres and wages were $40 a week so fuel is cheaper now
it would have been a lot cheaper if our PM Malcolm Fraser and his treasurer John Howard in 1979 hadnt gone with world parity which doubled the price over night from 13 cents a litre to 26 cents Thanks John
last fairlane is offline   Reply With Quote Multi-Quote with this Post
Old 24-01-2009, 12:45 AM   #23
Bent8
Long live the GT !
 
Bent8's Avatar
 
Join Date: Jul 2006
Location: Perth WA
Posts: 1,864
Default

Quote:
Originally Posted by olfella
Must be our weak dollar??
Just tonight I drove up to my nearest BP and ULP was $1.19cpl

I drove to the next closest BP and it was $1.08cpl !!

I don't think our weak dollar has anything to do with it.
__________________
2018 Ford Mustang GT - Oxford White | Auto | Herrod Tune | K&N Filter | StreetFighter Oil Separators | H&R Springs | Whiteline Vertical Links | Ceramic Protection | Tint

"Whatya think of me car, XR Falcon, 351 Blown Cleveland running Motec injection and runnin' on methanol... goes pretty hard too, got heaps of torque for chucking burnouts, IT'S UNREAL !!" - Poida
Bent8 is offline   Reply With Quote Multi-Quote with this Post
Old 24-01-2009, 09:36 AM   #24
Nostalgia
LOW AND SLOW
 
Nostalgia's Avatar
 
Join Date: Sep 2006
Location: Geelong.
Posts: 2,650
Default

Quote:
Originally Posted by redxm
petrol stations are like brothels. Every time you visit one you are guaranteed to be f$$$ed

At least the servo gives me a 4c discount !!!

Long weekend is the only reason for the price hike.

Once again the big guy screw's the consumer.

It's a absolute joke.

Adam.
__________________
"Any Color You Like As Long As It's Black, Matt Black, With Flames, And A Bit Of Pinstriping".
Nostalgia is offline   Reply With Quote Multi-Quote with this Post
Old 24-01-2009, 09:42 AM   #25
MRTT33
Starter Motor
 
Join Date: Nov 2008
Posts: 6
Default

Quote:
Originally Posted by olfella
Must be our weak dollar??
DOLLARS AT 66CENTS, PRETTY POOR
MRTT33 is offline   Reply With Quote Multi-Quote with this Post
Old 24-01-2009, 11:34 AM   #26
BA GT-HO
Bring back Ambrose!
 
BA GT-HO's Avatar
 
Join Date: Dec 2004
Location: Eau Rouge
Posts: 1,251
Default

From what I read in the paper it is the oil companies tightening up supply of petrol so the value of it increases. Price manipulation.
BA GT-HO is offline   Reply With Quote Multi-Quote with this Post
Old 24-01-2009, 01:19 PM   #27
Interceptor
HSV - I just ate one!
 
Interceptor's Avatar
 
Join Date: Dec 2004
Location: Middle of nowhere
Posts: 3,102
Default

and the australia day long weekend isnt involved? yeah..... right!
__________________
I dont care if some prius driving eco-hippy thinks its politically incorrect for me to drive a V8..... I'm paying for the fuel!
Interceptor is offline   Reply With Quote Multi-Quote with this Post
Old 24-01-2009, 01:38 PM   #28
XR6_661
Cane Farmer
 
XR6_661's Avatar
 
Join Date: Jun 2006
Location: Tom Price, WA
Posts: 4,081
Default

Don't complain guys. Still cheaper then what it was!
__________________

1994 ED XR6T - Cobalt Blue.



2009 FG XR6 - Black.


Quote:
Originally Posted by Tex
I couldn't give a crap how many are in their family, what gay passtimes they paticipate in, or whether they have a cat, dog or a freaken fish.

Keep your stinking family to yourself god damn it.
XR6_661 is offline   Reply With Quote Multi-Quote with this Post
Old 24-01-2009, 02:06 PM   #29
baboon
FF.Com.Au Hardcore
 
Join Date: Apr 2005
Location: Geelong, VIC
Posts: 5,270
Contributor: For members who make a contribution worthy of recognition. - Issue reason: went to the trouble of posting up some great Vids of the AFF drag meet 
Default

Buy into oil companies now!

If you cant beat them join them.
baboon is offline   Reply With Quote Multi-Quote with this Post
Old 24-01-2009, 02:49 PM   #30
GS608
FF.Com.Au Hardcore
 
Join Date: Feb 2007
Location: ...in the shed
Posts: 3,392
Default

Quote:
Originally Posted by XR6_661
Don't complain guys. Still cheaper then what it was!
just because its cheaper doesn't mean we should be quiet about them ripping us off left right and centre
GS608 is offline   Reply With Quote Multi-Quote with this Post
Reply

Thread Tools
Display Modes

Forum Jump


All times are GMT +11. The time now is 02:12 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Other than what is legally copyrighted by the respective owners, this site is copyright www.fordforums.com.au
Positive SSL