Diesel Prices!!!

[welchy24]

Went to fill up the 80 series Crusier the other day and fuel was $1.75/ ltr
Drove past again today and its up to $1.79/ ltr.

WTF

We are doomed !!!!:drink::drink::drink::crazy::mad:

[MartinR]

Yeah I know what you mean , at my servo it was 1.69 last Friday and today its 1.79 10c in a week where is it going to stop for the diesel price at the pump?
Martin

[Muckinhell]

yeah i feel lucky i went for a little drive last sat arv and took note of the diesel prices...were i normally fill up mountain creek woolworths was 1.64 a litre and not 6 ks away woolworths on aerodrome road in maroochydore was 1.59 but 1.55 after fuel voucher and thats was cheapes i saw that day so lucky i filled it chocka's. 115ltrs was $180.

where really getting to the point of only being able to go 4bying couple times a year.

When will someone create an electric conversion for our rigs with solar panels etc to charge em up through out the day.

[clinton l]

yeah and with a cruiser that chew 20+ltrs per 100km, im stuffed, lol.
wont stop me driving it though.

[welchy24]

Yeh im screwed too. My 80 series chews about 14-16 ltrs/100

[Symon]

Spare a thought for us... it hit $1.87 today....

[welchy24]

holy S#!T where at???

[fullmetaljacket]

it was $1.84 when I fueled up early in the week, so weekend rates will proberly hit $1.88ish.........when is it going to cease?.....I think not too far past $2.00, will then fall in a heap and we'll be paying $1.20's again......I hope so anyway

[Muckinhell]

if it ever got down to 1.20's again i think id quit work and go travelling for those prices...

[Michi]

if it ever got down to 1.20's again i think id quit work and go travelling for those prices...

...me 2

...I reckon we'll never see $1.20 again...more likely $2.00, and yes diesel is cheaper to produce, and yes we get ripped off, and yes in europe is diesel cheaper then petrol...

[Marc 1]

Yeh im screwed too. My 80 series chews about 14-16 ltrs/100Hey Welchy, you gotta stop washing your 80 series in hot water mate - judging by the picture I'd say you've got a serious shrinkage problem.

[welchy24]

LOL im a Zook man (Suzuki Sierra) but she is KIA at the moment soo ive been drving the old mans 80 series to school and around town. Shes abit gutless compared to the 1.3L Sierra :P

[Ragster]

They are predicting $2 by Xmas. The way it is rising here, I'm predicting $2 in the next 2 months.

[welchy24]

I hear off a mate who works at BP that its going to $2/ltr in the next 8 weeks
:(

[HiCountryCruisr]

These prices are BS.A difference of nearly 30 cents per litre between petrol and diesel. How can they bloody justify this.
Just got back from a high country trip tonight, just over 1000km and just over $300 of diesel. Wont be going on another trip for a while.
The way these prices are going, $2 in 8 weeks sounds about right.

[Punk_Cruiser]

Last Friday I went to chuck 80 litres of diesel (lucky sub tank was already full from a few weeks ago) in the cruiser so I could tow my horse float to polocrosse (520 round trip) and it cost me $152.50! I was ropeable.

I think it may be time to get a 1000+ litre tank and buy it in bulk. Either that or start riding my horse everywhere lol:D

[Just_Cruisin']

A friend just got back from Europe and diesel is cheaper then petrol over there. I spoke to the mother inlaw in New Zealand this morning and diesel is around 40 to 50cents cheaper then petrol over there as well. I looked into it today and appears that Australia is the only country on the planet where the price of diesel is more then the price of petrol! The powers that be reckon its because of the Chinese stocking up on diesel that has made the price go up because of the greater demand. Isnt that called profiteering???:mad:

[Ragster]

If that was the case, wouldn't diesel be more expensive than petrol everywhere - not just here?

[BIGDAVET86]

yes that would be profiteering, but not whe the government is getting 10% GST on the price. That is ontop of the fuel excise of course. :(

As a side note when i was working on a prawn trawler the tanks on that totalled 30 000L or roughly 28 days at sea. Image seeing that bill without without the primary producer discount.

Its $1.87 at my local and will be easy $2 by the end of winter.

screw robbing banks im gonna hijack a road train haulin diesel, who's with me :)

Cheers
Dave

[Dave_STR]

Diesel price is China's fault - ACCC


May 26, 2008 01:46pm
Article from: AAP
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Send this article: Print (http://www.news.com.au/story/0,23599,23758923-29277,00.html#) Email (http://www.news.com.au/email/popup/0,23605,23758923-29277,00.html)

THE devastating earthquake in China and stockpiling for the Beijing Olympic Games are among factors which have forced the price of diesel up at a faster rate than petrol, the consumer watchdog says.

The Australian Competition and Consumer Commission (ACCC) says it has been asked by the Federal Government to start a renewed focus on LPG and diesel prices.
"Consumers have been concerned about the increased price of diesel and we are monitoring international benchmark prices and retail price movements on a daily basis across capital cities and country towns," ACCC petrol commissioner Pat Walker said in a statement.
The average daily retail diesel price has risen by more than 17 per cent or 26 cents per litre this year in the country's five largest cities - Sydney, Melbourne, Brisbane, Adelaide and Perth.
This is a greater increase than in the price of unleaded petrol, which has risen by 12 cents on average this year in the five cities.
"The ACCC is monitoring these prices closely," Mr Walker said.
The ACCC says the substantial rise in the diesel price in Australia reflects sharp increases in the international benchmark - the Singapore Gas Oil - which in Australian dollars has increased 40 per cent in 2008.
"The devastating earthquake in China has damaged power infrastructure and constrained coal transportation," it said.
"As a result, there has been an increasing demand on diesel to generate electricity.
"In addition, China has been increasing stockpiles of diesel ahead of the Olympic Games."
There had also been a greater demand by global refineries for processing diesel in recent years, especially diesel from low sulphur crude oil.

[Dave_STR]

What a crock of shit.

Everytime a natural disaster happens its always the problem.

[Just_Cruisin']

But none of that explains why Australia has the dearest diesel in the world! Diesel cost around a 3rd of the price of petrol to refine so how in the hell can it be dearer then petrol? The government takes about 70 cents per litre for fuel. I reckon its about time we all did something about it instead of sitting on our arses like usual. How about we all go for a cruise along the Sydney Harbour bridge at 8am on a Monday and stop for a chat in the middle of it for about 3 hours! I reckon there would be a few truckies that would be more then happy to join us as well. Maybe then we might be heard for a change.

[reastwood]

Just a few facts that have been mentioned in other threads about diesel, hopefully this will dispel some myths...
1. ULSD (Ultra Low Sulphur Diesel) according to the oil companies is slightly more expensive (1-2 cents per litre) to refine than ULP IF the crude is high in sulphur.
2. Most European countries subsidise diesel that is why it is cheaper or only slightly more expensive then ULP.
3. New Zealand do not tax diesel directly, that is why it is much cheaper at the pump. You have to pay a usage charge though making it just as expensive (comparitively) as Australian diesel.
4. The government have (or used to have) an additional tax on diesel (2c) to go to the refineries to help pay for the introduction of ULSD. So the oil companies charge more because it is ULSD AND get a rebate from the government!
5. Diesel will never be part of the "discount" cycle until its private usage is anywhere near the volumes of ULP.

Cheers,

Rick.

[landcrusier ute]

how come diesil is so much more than petrol when it is the second thing from crude oil the price doesnt worry me cause i get as much free diesil as i want from work i have 400 litres on the back atm but it is affecting the cow cockys greatly and making it harder for everone elese

[fullmetaljacket]

the china B/S is just that, a scape goat. The Aust gov says that the prices raise and lower according to the World Price Parity amongst the Commonwealth countrys......wonder what the price is in Cananda, England etc.....paying $1.52 in Singapore, which is surposed to be the benchmark for Aus

[Queenslander]

We have just received an email at work from from one of the major fuel suppliers stating, that diesel is now in short supply for all areas in Qld below Gladstone. Outlets are running at half capacity and a replenishment of stock will take approximately 2 weeks.

[HiCountryCruisr]

I agree about the china earthquake thing being BS. Diesel prices blew out long before that happened, or what, did the australian government predict the quake and raise the prices accordingly.
And about the olympics, I take it diesel prices will drop considerably a few weeks once it's over. Yeah right.
I'm with BIGDAVET86, lets hijack road trains carrying diesel. LOL.

[pen]

I'm filling a jerry can every time I fill up on Tuesdays. I then pour it into a 200 litre drum. Saved about 120 litres so far. I'll use it when I cann't afford to buy any (broke!).
If Rudd doesn't do sometime soon there's going to be a revolution soon!

Saw on tonights news that Britsh truck drivers tried to see their PM and present a pedition about how their industry is about to fold because of the cost. The French fishing industry are burning pallents and closing roads about the same thing!

[agroface16]

heard a rumour that there is a new refinery opening in indian in september which is supposed to supply china for the earth quake and olympic stock piling which is SUPPOSEDLY guna reduce demand else where...............i await everyones BS reply :o

[blueyedbikerman]

my trucky mate called me today and said concuury was $2.3099 a litre there and they said it was still going up so 3 bucks a litre by xmas i recon what do you think

[12fishy]

What is the reason the prices are going up??? is the wourld running out? is it because America is in recession? Is it because Australia only trades with a few other contries (trade agreement).... if we are running out, why is there more Petrol/electric cars on the road... or even other fuels being engineered to run everything?????????????

What is the reasion?????:mad: :mad: :confused:

fishy

[andy_beachbum]

I hear off a mate who works at BP that its going to $2/ltr in the next 8 weeks
:(

Well as for bp, they should be the cheep diesel opp. something came to my att yesterday that disturbs me verey much...

rember back about 8 years ago when bp had a big problem with changing the sulfur level in its diesel causing maj problems with diesel pumps? well guess what they are at it again.
I attended a meeting for diesel tecs and we were told of a "secret triel" of bp deisel only in qld and north nsw as we were the unlucky buggers to get stuck with it, they have once again changed diesel from sulfur levels of 5000 parts per million to 50 parts per million and by 2011 to 10 parts permillion
bad bad news for diesel eng that dont run common rail injection. its happening now guys like bio diesel insted of adding bio to diesel they take aninmal fats and crude oil and then refine it. ring bp they will tell you its all about adr emission levels and low sulfur levels in pre 2000 diesel eng will suffer dont use the crap!!!!!!!!!!!!
(Try this get two glass bottels go to bp fill one up then go to caltex and fill one up the bp one is crystil clear and caltex is normal give it a go trust me;) ) no sulfur.. lack of lube to pump seals

[andy_beachbum]

sorry i did a futher google on bp diesel an 10 parts per million is already hear WWW.BPFUELS.COM (http://www.BPFUELS.COM)

50 parts per million Ultra Low Sulphur Diesel



50ppm ultra low sulphur diesel meets all of the operability requirements of current and past diesel engines. This clean diesel was introduced a full three years ahead of government requirements of reduced sulphur in diesel that was 50ppm (parts per million sulphur maximum) mandated by 1 January 2006. In keeping with this commitment to improvement for environmental benefit 50ppm will be progressively phased out by the even cleaner 10ppm from January 2007 (see the 10ppm page for the schedule). That’s two years ahead of government requirements.






Main Properties



Property UnitValueAppearancevisualClear and BrightColourvisualNote 1Densitykg/m3820 to 850Cetaneindex46 min. typical 51Lubricitymicrons460 max.Biodiesel content (FAME)% massNILSulphurparts per million50 max. Note 1: The apparent colour of low sulphur diesels depends on the inherent fluroscent properties of the fuel, depending upon ligting conditions when viewed this product can have a green or blue appearance.






Technical Advice



BP Fuels and Lubricants Technical Advice Line
8.30 am to 5.00 pm EST Monday to Friday
Phone (local call cost applies) 1300 139 700

[Marc 1]

But none of that explains why Australia has the dearest diesel in the world!

What? Rubbish. Fuel Price Reports : AA monthly fuel price report for May 2008 - The AA (http://www.theaa.com/motoring_advice/fuel/index.html)

On this site (the pommy equivalent to the RACV/NRMA etc) it lists diesel at 1 pound 28.2 pence per litre. The exchange rate is according to Yahoo $1 AUD = .4851 pence. So the per litre cost in Aussie dollars is $2.64 per litre.

Before you point out that at say Roper Bar it's higher than that I'm sure there would be some obscure spot in the UK (Orkney islands etc) where it would be $3.50 per litre.

[tasmq]

today in Tassie it was $1.85.9 when I filled up, thank god for the magic fuel card.

[Marc 1]

yes we dont pump enouth oil at the moment but in a resource study Australia has enouth to run us for at least 150 years how about that not many people know it oil can be pumped evrey where around the world its not like looking for a good coffe bean. every country can produce it its the trade agreement screwing us to share our oil... most of our production goes overseas. just like everything else in this country, that and on the abc raidio news the middle east only now has claimed that they have only half the resrves that they thought they have. Blame the USA they use more oil than the rest of the free world, think how good it would be to flog a big v12 turbo tank around a desert non stop for year and x that by 1500 wow. :crazy:

There are so many holes in your arguements here its hard to know where to start...

1. See this link: Oil Production and Consumption Country Comparison Table - Yahoo! Education (http://education.yahoo.com/reference/factbook/countrycompare/oil/1a.html)

Or even better this link: http://www.eia.doe.gov/cabs/Australia/Oil.html

Note that we do not produce enough to meet current demand., and have been a nett importer since before 1986.


2. Switzerland does not produce oil, nor do a heap of other countries.

3. The reason our oil goes overseas is because its heavy crude. Our refinery's need light sweet crude.

4. US tanks (and now ours) use gas turbines not V12 diesels.

[Dave_STR]

Marc do you work for a oil company or have some shares in BP or Shell etc, everytime someone shows some evidence of why price are so high you always shoot them down.

How come America is just starting to pay $1 per litre and the rest of the world is paying almost double that ?

There is something really wrong going on.

Dave.

[685WRC]

What gets me is they keep saying "Petrol will be $x.xx by when ..." but yet they fail to mention diesel shot past this $x.xx price ages ago.


On the note of high prices etc has anyone looked into/using one of these?

MTECH Fuel Saver - Diesel Engines < 6.0 litre - ModYourCar.com (http://www.modyourcar.com.au/mtech-fuel-saver--diesel-engines--60-litre-p5340)

[grimbo]

Just a few facts that have been mentioned in other threads about diesel, hopefully this will dispel some myths...
1. ULSD (Ultra Low Sulphur Diesel) according to the oil companies is slightly more expensive (1-2 cents per litre) to refine than ULP IF the crude is high in sulphur.
2. Most European countries subsidise diesel that is why it is cheaper or only slightly more expensive then ULP.
3. New Zealand do not tax diesel directly, that is why it is much cheaper at the pump. You have to pay a usage charge though making it just as expensive (comparitively) as Australian diesel.
4. The government have (or used to have) an additional tax on diesel (2c) to go to the refineries to help pay for the introduction of ULSD. So the oil companies charge more because it is ULSD AND get a rebate from the government!
5. Diesel will never be part of the "discount" cycle until its private usage is anywhere near the volumes of ULP.

Cheers,

Rick.

these are the answers out of all the grumbling and whining that actually make sense and are on the ball

[Patrolling Paddy]

Got told by a friend (didn't see it myself) that when he filled up in Roebourne WA on Wednesday it was 209c/L.
I think I might start riding the pushy.

PP

[feralo]

Hey guys, up here in Gilgandra & Dubbo we are coping $187.9. Cheapest I saw was $185.9. Just cost me $100 for a lousy 53 liters.

[Marc 1]

Marc do you work for a oil company or have some shares in BP or Shell etc, everytime someone shows some evidence of why price are so high you always shoot them down.

How come America is just starting to pay $1 per litre and the rest of the world is paying almost double that ?

There is something really wrong going on.

Dave.

No, no interests at all in fuel, oil or the industry. Used to work in a servo 12 years ago for 6 months on night shift. Drive a car and use fuel.

Dave, where was the evidence in that last spray by Andy? That wasn't evidence, that was rumour, and second hand info from desperate people grasping at straws.

This is human nature. When evidence we don't like is presented to us humans go through a number of stages between discovering the problem and accepting its consequences. Psycologists have studied this for years and its a process along the lines of Kubler-Ross model. link: Kübler-Ross model - Wikipedia, the free encyclopedia (http://en.wikipedia.org/wiki/K%C3%BCbler-Ross_model)

OK Kubler-Ross is normally associated with life threatening illness, but can be applied to other serious scenarios.

Initially we were in the denial phase - "Nah, there is no problem" or "its just a short term fuel price spike".

Then comes anger - where we are now - blaming governments, oil companies, taxation, market speculators etc. A lot of this anger is irrational, but whilst it makes people feel better to blame someone else it doesn't put the dollar back into your wallet after filling your fourby.

The three other stages culminate in acceptance that prices aren't going to come down, but the solutions that you have implemented still mean that you can get on with your life.

Dave I fail to see how either adding to the hysteria about oil prices or letting people believe rubbish is good for the debate. The sooner people stop whinging about the problem and come to terms with it, then start looking for solutions the better for all.

Perhaps a better Thread title would be: "How I beat the oil companies by halving my fuel usage" rather than yet another (4 in the past month) whinge about the price and how someone somewhere is ripping us off.

[Patrolling Paddy]

Marc1, I agree with some of what you are saying but there is definately a middle man somewhere taking their unfair cut.

The other day I heard on the radio that the oil price had reached a all time high of $135/barrel. Now we all know that this price has a say in what increase we see at the pump, however it should not be an instantanious spike/rise in price as the fuel we have here at the time was bought at a lower rate some time ago.
Within a couple of days the oil price had dropped to $126/barrel and what was the outcome at the pump? NOTHING if anything it contiues to rise at non parrell rate to the oil.

I accept that I will most likely never buy fuel at a price even close to what I used to when I used to sell it working at the local servo some years ago. However I do not accept the the price is fair nor do I accept that it is increasing at a reasonable and fair rate.

The big oil companies claim that they are running low and some of them are even looking into alternative fuel/power options, BUT with the technology available and some of the 'inventions' that have been swept under the carpet or not seriously and completely pursued, you can't honestly sit there and tell us that all is peachy and everything is great and that we aren't getting shafted because some multi billion dollar industry (or even the little bloke for that matter) isn't interested in making money.

PP

[wildspaces]

Just filled up at $1.98/l - Ouch!

[Marc 1]

Marc1, I agree with some of what you are saying but there is definately a middle man somewhere taking their unfair cut.

The other day I heard on the radio that the oil price had reached a all time high of $135/barrel. Now we all know that this price has a say in what increase we see at the pump, however it should not be an instantanious spike/rise in price as the fuel we have here at the time was bought at a lower rate some time ago.
Within a couple of days the oil price had dropped to $126/barrel and what was the outcome at the pump? NOTHING if anything it contiues to rise at non parrell rate to the oil.

I accept that I will most likely never buy fuel at a price even close to what I used to when I used to sell it working at the local servo some years ago. However I do not accept the the price is fair nor do I accept that it is increasing at a reasonable and fair rate.

The big oil companies claim that they are running low and some of them are even looking into alternative fuel/power options, BUT with the technology available and some of the 'inventions' that have been swept under the carpet or not seriously and completely pursued, you can't honestly sit there and tell us that all is peachy and everything is great and that we aren't getting shafted because some multi billion dollar industry (or even the little bloke for that matter) isn't interested in making money.

PP

Yep I agree. The price does seem to jump instantly and take time to come down (if it does). Oil companies are making good profits, the government is doing well off the increased tax haul and the OPEC countries are swimming in money. The oil boom is massively responsible for Russia's recovery from the economic scrapheap. But I'm willing to bet that even if all these small time 'fiddles' and price lags would only amount to a couple of cents per litre.

A much bigger impact would occur if OPEC would open the taps a little more - greater supply should lower the price. But OPEC has no reason to supply more oil - we are still demanding the same amount and the price is higher - so they are making more money. If there was greater supply of oil it should also cause less speculation on the oil markets which has been affecting prices.

More info on OPEC profits here: http://www.eia.doe.gov/emeu/cabs/OPEC_Revenues/Factsheet.html (http://www.eia.doe.gov/emeu/cabs/OPEC_Revenues/Factsheet.html)

Also some info: http://www.eia.doe.gov/emeu/cabs/AOMC/Overview.html (http://www.eia.doe.gov/emeu/cabs/AOMC/Overview.html)

Note here that from point 66 on the graph there were a couple of restrictions in supply from OPEC. Strange that they would constrict supply given the growing world economy... Maybe this is how the members of OPEC who generally don't like the US intend on beating America - cripple it economically? The other thought is that if the OPEC guys realise they are running short of oil, its in their interest to restrict supply and sell it for the higest amount they can. Makes more sense than opening the taps, getting less for the oil and running out of the main revenue earner for your country.

The basic problem remains the same, supply and demand. Lets start hoping that RCV Dave's next project is a hybrid.

[Renasc]

Main reason I bought a Diesel is of it's fuel economy of a petrol, but now it's cheaper to run a petrol then a Diesel.

Yeah, same here. I'm selling my other (town) car and getting a 250cc motorbike to buzz around on. Keep the diesel 4x4 for rainy days and camping trips. One day I hope to have it running on homemade BioDiesel, when I learn more about it.

[RODEONICK]

The reason our oil goes overseas is because its heavy crude. Our refinery's need light sweet crude.
This is the opposite Marc. australia has lots of 'Sweet' crude and is fine and great for petrol and easy to crack but you just can't get the other products out of it like diesel, jetfuel, bitumen and lubricating oils. This is why we import the heavy 'Sour' crudes from places like saudi arabia. it makes economic sence too as other countries buy are oil for big$$ because its so easily cracked and so so clean.

[QUOTE]Dave I fail to see how either adding to the hysteria about oil prices or letting people believe rubbish is good for the debate. The sooner people stop whinging about the problem and come to terms with it, then start looking for solutions the better for all.
I agree 100% with this comment, i don't give a rats about the price of fuel cos i've done just that. stopped whinging got off my arse and done what i can about it.

Perhaps a better Thread title would be: "How I beat the oil companies by halving my fuel usage" rather than yet another (4 in the past month) whinge about the price and how someone somewhere is ripping us off.
whats the point marc it will all be fitch fuel catalists, hydrogen generaters and other complete loads of crap that DON"T work.

Yeah, same here. I'm selling my other (town) car and getting a 250cc motorbike to buzz around on. Keep the diesel 4x4 for rainy days and camping trips. One day I hope to have it running on homemade BioDiesel, when I learn more about it.

The 1st truely decent post i have read on this thread:
he is (a) Reducing consumption and
(b) Planning for the future by learning how to be self sufficient.
(c) Shown that it really won't effect his hobbies or lifestyle much.

Kudos to you.:thumb:

[Marc 1]

[quote=Marc 1;730603]

This is the opposite Marc. australia has lots of 'Sweet' crude and is fine and great for petrol and easy to crack but you just can't get the other products out of it like diesel, jetfuel, bitumen and lubricating oils. This is why we import the heavy 'Sour' crudes from places like saudi arabia. it makes economic sence too as other countries buy are oil for big$$ because its so easily cracked and so so clean.



Refining
According to OGJ, Australia has seven major refineries, with total crude oil refining capacity of
704,659 bbl/d. Three refineries are located along Australia’s eastern coast in Queensland, three
are located along the southern coast in Victoria and one is located in Western Australia.
Feedstock for the refineries primarily comes from oil produced in Australia’s Bass Strait and other
oil producing countries throughout South East Asia. Australian refineries mostly produce gasoline
and diesel fuel, followed by some jet fuel, bitumen and liquid petroleum gas (LPG). Caltex
controls roughly 30 percent of Australia’s refining industry. The company operates two refineries,
Kurnell and Lytton, with total combined capacity of 214,109 bbl/d. BP operates the Kwinana
refinery and the Bulwer Island refinery, with capacity of 132,050 bbl/d and 85,500 bbl/d,
respectively. From: http://www.eia.doe.gov/emeu/cabs/Australia/pdf.pdf

Oops, I stand corrected Nick, thanks for pointing this out. Don't know why but I always thought the Saudi's had the good stuff and we had the sludge. Andy, I was wrong correcting you on this point - apologies mate.

[sudso]

Its true, Aussie crude has never been good enough to make oils for your car engine etc.
There's also a lot of evidence about that Australia does have about 150 years worth of oil reserves. 30 years ago they said it was 200 years.
But its a supplementry supply to the rest of the worlds production at its current rate though, not enough to supply the whole worlds demand on its own for 150 years.
Might as well adjust our lifestyles and enjoy it while we can, until some bright spark comes up with a viable alternative, and one that oil companies and superpowers wont have control of!!!

[jestaw]

I thought part of the problem was that our refineries can't make enough of the high spec diesel that most modern diesels require.. euro diesel has long been of a higher quality. WE have all heard of the probems with fuel pumps etc. - therefore as has alreday been mentioned i guess - we import the fuel and add a chunk to the cost. Refineries are adding to their Diesel Units - I working on one of em now.

There has been enough speculation and quality info here to satisfy me that there are reasons for the high diesel prices - Still not happy though. WE talk about next month or Xmas time - what will it be like in 5 years? Anyone got some info on the "real" increase? indexed against income and inflation etc? Be funny to see how much more we are paying compared to a beer or a litre of milk. :drink:

My old man told me once he can remember when a packet of smokes, a gallon of petrol and a beer (middy i guess) were all the same price - don't remember the price. Pretty different now.

[ol blu 40]

Geez... I sometimes wish some people would harden up!

I haven't seen a thread anywhere here about the cost of a packet of ciggies or a pot of beer... taxes on those keep on rising. Seriously guys, dry your eyes!

Bad habit I know, but when I started smoking, a litre of petrol was 55c, now around $1.50, a pack of smokes were $2.30, now about $15. Tell me most of that doesn't go in taxes.

And don't start on me about being a completely different argument, I'm merely stating a fact on the way the price of anything can go up.

The way I see it, I've got 2 choices... pay the price being asked or quit smoking. The same is also true with fuel prices, we can drive more economical modes of transport, take public transport, etc. Believe it or not, the world won't come to an end even if we have to pay $2.50 per litre.

Nobody was crying about fuel taxes when it was 70c a litre, but when it hits the back pocket everyone wants to come out of the closet and have a whinge about how unfair it is, someone's getting rich off us, blah blah blah...

That's all I gotta say.

Cheers, Matt

[drifter49]

Geez... I sometimes wish some people would harden up!


Nobody was crying about fuel taxes when it was 70c a litre, but when it hits the back pocket everyone wants to come out of the closet and have a whinge about how unfair it is, someone's getting rich off us, blah blah blah...

That's all I gotta say.

Cheers, Matt

I for one am totally cool with paying all government taxes and levies. In fact if the total of taxes and excise on a litre of diesel was $5, I would happily pay it - as long as everyone paid the same. What gets up my nose is that I pay full price whilst the multinational mining companies (and others) get a full excise refund (38 cents/litre) from the federal government. So those with money coming out their ears get cheap fuel whilst the ordinary Aussie gets screwed.
Cheers, drifter

[Fly3r]

filled up in Broome $2.07/L

[mr_diesel60]

Becuase of diesel prices, I cannot afford to run my old girl anymore. As such, it is one of a few reasons why I'm looking at selling after tax time (the other being my bad back pain - 60's aren't renound for their comfort factor!!)

It costs me $110 to drive 550km at an average of 11.3L/100km. A gas falcon can drive about 450km on gas for about $40.

Add to putting nearly 10L of oil in every 5,000km, tappet adjustment every 20,000 km and Fuel Injector service every 100,000 km it's too expensive now.

Add to that there is a bit of rust above the drives door that is annoy me (previous owner had a CB arial attached there), I just don't have the funds.

At $2 a litre it would cost me over $22 for 100km

We were trying to save for a home, and something has to give.... it looks like it's going to be my truck....

[Giddy]

195.9 in Weipa. Come on $2....I can't wait!

Cheers Giddy.

[jestaw]

My old man told me once he can remember when a packet of smokes, a gallon of petrol and a beer (middy i guess) were all the same price - don't remember the price. Pretty different now.

it was 35c..

[sudso]

Geez... I sometimes wish some people would harden up!

I haven't seen a thread anywhere here about the cost of a packet of ciggies or a pot of beer... taxes on those keep on rising. Seriously guys, dry your eyes!

Bad habit I know, but when I started smoking, a litre of petrol was 55c, now around $1.50, a pack of smokes were $2.30, now about $15. Tell me most of that doesn't go in taxes.

And don't start on me about being a completely different argument, I'm merely stating a fact on the way the price of anything can go up.

The way I see it, I've got 2 choices... pay the price being asked or quit smoking. The same is also true with fuel prices, we can drive more economical modes of transport, take public transport, etc. Believe it or not, the world won't come to an end even if we have to pay $2.50 per litre.

Nobody was crying about fuel taxes when it was 70c a litre, but when it hits the back pocket everyone wants to come out of the closet and have a whinge about how unfair it is, someone's getting rich off us, blah blah blah...

That's all I gotta say.

Cheers, Matt
I agree with your point Matt but the reason everyone here is angry is because the price of fuel is not only affecting our hobby/recreaction/touring etc (which hurts bad), its becoming extremely painful for struggling families who need their own transport just for their essential travelling.
Sure we could all drive little 1300cc buzz boxes and and cut fuel usage by half, and if the whole world did that the price of fuel would just go up more to compensate for the lower sales, we know it would. Their #1 objective is to achieve their gross annual turnover.

[sudso]

Worth taking the time to read this article:

OPEC, by Benjamin Zycher: The Concise Encyclopedia of Economics: Library of Economics and Liberty (http://www.econlib.org/Library/Enc/OPEC.html)

[sudso]

From another source:


The Organisation of Petroleum Exporting Countries (Opec) is an association of oil-producing nations set up in 1960 with the express purpose of influencing oil prices by controlling supply.
Things have changed a great deal for the cartel in recent years.
In 2000, it adopted a price band of between $22 and $28 a barrel, levels a world away from current prices.
If the price went below $22 a barrel, production quotas would be cut. If it went above $28 a barrel, production would be raised.
Opec abandoned the price band in 2005 and now has no official price target.
When its members meet, they try to co-ordinate future production with their predictions for demand.
Financial sector
While there have been increases in production recently, the price of oil has continued to soar.
Opec's official position is that there is plenty of supply in the market. It says rising prices are the fault of investors in the financial sector, who are buying oil contracts in order to sell them on without ever planning to take delivery.
Clearly there are limits to the amount production can be raised, and Opec also sees dangers in increasing supply further.
http://newsimg.bbc.co.uk/shared/img/o.gifOPEC MEMBERS
Iran
Iraq
Kuwait
Saudi Arabia
Venezuela
Qatar
Indonesia
Libya
United Arab Emirates
Algeria
Nigeria
Ecuador
Angola



"Producers fear that the financial sector will decide that there is over-supply in the market and move into other investments," says Manouchehr Takin from the Centre for Global Energy Studies.
"If there is a sudden change in sentiment like that, then the price could collapse."
That problem is exacerbated by the time delays in the system.
If producers in the Gulf, for example, decide to increase production, it will be about three months before any extra oil reaches the market.
If the announcement of extra production caused a big fall in prices, then the extra oil actually hitting the market three months later would exacerbate the problem.
And the members of Opec have a great deal at stake.
Uniquely vulnerable
Many of the oil-rich states are rich in very little else.

Crude oil is their only export, making them uniquely vulnerable to world oil prices.
When prices fell to $10 a barrel in 1998, their economies were hit hard.
"In the US, Opec is viewed as a cartel and therefore something to be smashed, which is not a helpful way of thinking about it," says Tony Scanlan of the British Institute of Energy Economics.
"The one thing the Opec countries all have in common is their absolute reliance on one product - oil."
http://newsimg.bbc.co.uk/shared/img/o.gifOPEC HISTORY
1960 - founded by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela
1965 - Moves from Switzerland to new headquarters in Vienna, Austria
1973 - Opec embargo causes oil price shock
1990 - Iraq's anger at Kuwaiti over-production sparks Gulf War
1998 - World oil price drops to $10 a barrel
2000 - Opec introduces $22-$28 a barrel price band
2005- Price band abandoned
2008- Indonesia decides to leave Opec


According to Mr Scanlan, the Opec countries cannot afford to treat oil "as just another commodity".
"When the price falls, it creates real pain. They have to feed and give welfare to their people, the same as Western countries," he says.
On the other hand, of course, when Opec members decided to stop supplying oil to countries they said were supporting Israel in the Yom Kippur War of 1973, a great deal of damage was done to the economies of the targeted countries.
Differing strategies
More recently, Opec has improved its reputation, with attempts made to provide some stability to the oil market.
But since the 1970s, Opec's power has waned, with its control over oil prices being questioned.
There have been continuing disputes about whether member countries are actually sticking to their agreed quotas.
Also, strategies favoured by countries such as Kuwait and Saudi Arabia, which have enormous oil reserves and relatively small populations, are often at odds with those of countries such as Iran and Nigeria, that have bigger populations and few other exports.
Indonesia has announced that it will leave Opec when its membership expires later this year.
The official reason is that it is no longer a net exporter of oil. But the cartel's only South East Asian member is also understood to have been upset that there have not been greater increases of production to try to bring prices down from their record levels. Another factor weakening the cartel is that as oil prices have risen, reserves that were not previously worth tapping in non-Opec countries have now become viable and Russia has become a particularly significant supplier.

[Renasc]

The 1st truely decent post i have read on this thread:
he is (a) Reducing consumption and
(b) Planning for the future by learning how to be self sufficient.
(c) Shown that it really won't effect his hobbies or lifestyle much.

Kudos to you.:thumb:

Heh, cheers dude :) Although I probably know the least about anything here.

[Marc 1]

[quote=Marc 1;730603]

This is the opposite Marc. australia has lots of 'Sweet' crude and is fine and great for petrol and easy to crack but you just can't get the other products out of it like diesel, jetfuel, bitumen and lubricating oils. This is why we import the heavy 'Sour' crudes from places like saudi arabia. it makes economic sence too as other countries buy are oil for big$$ because its so easily cracked and so so clean.

Nick just found this which contradicts this:

Around 70% of crude oil used in Australian refineries is imported (30% is from Australian oilfields).
In 2006-07, these imported crudes were sourced from over 16 countries mainly from:
Asia-Pacific - around 80% of imports (or 55% of crude oil requirements)
Middle East - around 20% of imports (or 15% of crude oil requirements).
This means that any supply disruption risks are spread between domestic and imported crudes, and crude oils from a variety of different sources.

If we import 70% of what goes to the refineries it looks like we do export a significant amount. This contradicts the CIA factbook info I posted 4 days earlier.

Source: Supply Reliability (http://www.aip.com.au/industry/supplyreliability.htm)

[Dave_STR]

Just filled the Navara up.

95L for $176. Diesel was $1.85.9L

Yes it hurt paying for it.

[cheno]

who the hell fills up on tuesdays. The price seems stable but on the upward.
In the states diesel costs more then unleaded too.
In qld 174.9 per ltr last paid.
both 4wd's diesel and 180 capacity. One fill over $260
Long trips no more, recently crossed simpson on honeymoon, fair bill.

[Dave_STR]

I fill up whenever I need fuel. Dont care what day of the week it is, if the truck needs fuel it needs fuel.

At the end of the day you have to pay anyway.

Dave.

[rogsteaker]

The accc can say what they like and so can fuel watch it still doesn't explain why Australia is the only country in the world where diesel is far more expensive than petrol. I heard that on Friday the 27th the truckies are having a big blockade in the major cities I think us 4WD should join them, maybe every diesel operated vehicle should join.

[RODEONICK]

Australia is the only country in the world where diesel is far more expensive than petrol.

Go do one ounce of research before posting such missinformed drivel in future. What is the point of posting up some pointless information that isn't even correct. You obviously have a computer use it to get facts instead of repeating nonsence.
Cheers

[HZJ75]

I paid $1.81 here yesterday at a inderpendent fuel servo but all the others BP/Shell etc were asking $1.84

The reason why oil is so expensive is because they put oil on the US stock exchange and everytime there is a world disaster or simmilar they keep bumping the price up,

australia only get one or two ship loads of oil a year the rest is used from our own supply here in oz

on tv the other day I think it was on abc or sbs, they spoke to an arab oil minister or simmilar and he said world demand for oil has not changed in the last 10 years so they said they will pump out more oil to push prices down...

unless kevin rudd drops excise GST and tax on fuel we will never see cheap fuel again, Im guessing it wont start happening until companys start goin broke and people lose their jobs cos they can't afford to keep trucks,cars etc on the road..

another funny thing is we pay around 60c p/litre for LPG gas at the pump, australia sells it to japan etc for 2c p/litre, and yet the ammount of LPG there is in australia it should only be no more than 10c p/litre just show how over taxed we are

but im sure it wouldnt matter if they made a car to run on water or the piss from my old fella the goverment would find a way to tax the crap out of it...

here is abit of a good read

Petrol Inquiry (http://www.apco.com.au/petrolCosts.html)

[rogsteaker]

I wrote that the australian diesel price is far more expensive than other countries if you go to this side aaroadwatch.ie/eupetrolprices/ than you can see that in May 2008 the highest difference between petrol and diesel is o.191 cents ( euro) while here in Australia QLD it can be over 0.30 cents between petrol and diesel. Yes you are right there are now more countries in Europe where diesel is more expensive than petrol, I was there a few month's ago and than most countries had the diesel cheaper than petrol.

[braddels]

Hi All,
I live and work in the far north of NT where Diesel has already reach $2 a litre and will only go up from there. There is only one servo in town and the fuel has to be barged in so we are at their mercy. Still as there is a free bus to work I can still enjoy the rig on my days off. $200 to fill 100l tank, hurts to look at the bowser when filling.

[Marc 1]

I wrote that the australian diesel price is far more expensive than other countries if you go to this side aaroadwatch.ie/eupetrolprices/ than you can see that in May 2008 the highest difference between petrol and diesel is o.191 cents ( euro) while here in Australia QLD it can be over 0.30 cents between petrol and diesel.

Of course you'd be aware that the excange rate of the Euro to the little Aussie battler is .611 to $1AUD don't you? That would make the european price difference about .31 and a bit aussie cents - geez what a co-incidence, about the same as Qld! So, no, you are not being deliberately targetted by being a Aussie.

[toli]

As much as I just live with it I think OPEC does have some things to answer for. We are not that far from putting the entire world into recession because of the fuel price.

I also think that the price has gone up because of speculation, many investors are jumping on resources because of the stockmarket troubles early this year and also the Sub prime issue in the states.

OPEC also has another issue, the more this increases in price the more it drives people to find alternatives. It also makes searching and pump oil from remote or expensive places more viable.

I have no idea if what I say is true, it is just how I see it.

[rogsteaker]

I don,t care about the exchange rate or the price for that matter if diesel is $3.00 than petrol should be $3.00 or more, in europe the diesel car is still cheaper to run than the petrol car in Europe seeing that the diesel car is more economical than the equivelant petrol car. Here in Australia the gap between diesel and petrol prices make the diesel car about the same to run as a petrol car, and if you include the servicing than the diesel car is doomed. Maybe it would be different if Holden and Ford had a locally build diesel vehicle than maybe the diesel and petrol price would be the same or who knows even cheaper.

[GU'NIT-Patrol!]

It ain't going down no matter how much we cry, fight, beg etc etc...

Filled up in BP Brisbane, Right next to Chermside...$1.78, We will face $2 or more in a few months. Save up your wages and get ready:D :D

[orejap]

Just filled the Navara up.

95L for $176. Diesel was $1.85.9L

Yes it hurt paying for it.

Just filled up the Pajero & two gerry cans total 100 litres at $181 at Geelong Victoria. There is a store down here called Chas Cole Cellars & they give discount tickets for Apco Servos which (depends how much you purchase) gives a discount better than Coles or Safeway. I buy beer from this place the same price as Coles & Safeway sell it for but I don't get 10 cents off a litre like the cellar fella gives, so I got my diesel at $1.71. Safeway have a plastic rewards card now if you register ASAP & spend $5 in the garage shop (Buy a drink & the paper) you will get 14cents per litre off until the end of June but it;s a one time offer however if you register the 10 people in your home you get the same deal until the end of June. I believe there is no limit on litres where with the other one there is a 100 litre maximum purchase of the one fuel. Keep smiling!!

[Marc 1]

Maybe it would be different if Holden and Ford had a locally build diesel vehicle than maybe the diesel and petrol price would be the same or who knows even cheaper.

Not sure how this suggestion will help. One of the reasons why the price of diesel is higher than petrol is that diesel is being demanded more. When supply is fairly constant (courtesy of OPEC) the only place the price can when demand is increased is up. Getting Ford and Holden to sell their most popular models as diesel is only going to boost demand - exacerbating the problem.

I have only studied a few subjects on economics at Uni many years ago, but in general terms here's the deal:

In an ideal competitive market everybody knows the prices being offered on a product, there are no barriers to trade or restrictions to prevent entry or exit for sellers or buyers. When you get these conditions, the sale price will naturally settle just above the cost of the item to produce. When talking about oil however many of these free market conditions don't exist.

1. There are massive barriers to entry of new players in the oil industry. It costs billions to get the rights to search for oil, drill test wells, and get the oil into commercial production. This means that you, me or a couple of blokes from school will find it extremely difficult to get into the oil game because we think we can compete and sell oil at a lower price.

2. There are arificial price barriers all over the system, from governments adding tax to other governments subsidising the distribution of the fuel domestically. If people in Venezuela had to pay $1.80 cents per litre instead of 5 cents (or whatever the actual price is), they would not use as much diesel, thus lowering the world price as more would be available for the rest of us. This is one reason why governments are asking India, China and Indonesia (among others) to stop the subsidies.

3. Supply has been artificially restricted by OPEC quotas, so if people want more oil, because production is limited this leads to an auction like situation where many buyers are bidding on a restricted amount of oil. This drives the price up. This is why Martin Fergusson was sent to put a blowtoch on them (yep, bit of a fizzer there:crazy: ) and nothing was done. Actually something did happen there - it was symbolic, the OPEC nations just wanted to see the western powers come grovelling and to reitterate who really was in charge of the world economy.

The wild card in the deck are the speculators which have taken the remains of this very twisted market and further stuffed things up with all their put and call options on oil.

So, all round we are in a pretty pickle. The only thing OPEC has to be worried about is that their restrictive supply policy will make the price go so high that people will turn away in droves and switch to something else.

[grimbo]

I don,t care about the exchange rate or the price for that matter if diesel is $3.00 than petrol should be $3.00 or more, in europe the diesel car is still cheaper to run than the petrol car in Europe seeing that the diesel car is more economical than the equivelant petrol car. Here in Australia the gap between diesel and petrol prices make the diesel car about the same to run as a petrol car, and if you include the servicing than the diesel car is doomed. Maybe it would be different if Holden and Ford had a locally build diesel vehicle than maybe the diesel and petrol price would be the same or who knows even cheaper.

why just because you want it to be he same. So by your logic then LPG should also be $3.00 as you don't care about exchange rates or prices s etc, they just should be the same

[Marc 1]

Anyone else hear the report today on a mob who have genetically engineered faecal coliform bacteria to produce something very close to crude oil? Kinda handy that! They believe that they should be able to produce a barrel of oil for about US$50. This is how OPEC have stuffed up - if they had not been greedy and increased supply they could have kept the price to something reasonable, and scientists the world over would not have been striving for ways to make their own oil. Now this technology has been developed, you can bet thet countries will seek to set up their own manufacture of oil, and even if OPEC now drops its price to say $40 per barrel, these plants will still be developed as a hedge against OPEC playing silly buggers in the future.

Of course all this needs to be developed into a comercial scale plant but I'd say OPEC is sweating a little harder now.:waycool:

[rogsteaker]

No to my logic LPG is a gas and a lot cheaper to produce than diesel or petrol hence it is cheaper worldwide. Diesel is still cheaper to produce than petrol and about a third the energy to produce that's why there are still many country's where diesel is around the same price as petrol.

[DJR96]

The basic problem remains the same, supply and demand. Lets start hoping that RCV Dave's next project is a hybrid.

OK, so I've got a big diesel (for a 4WD at least). But it won't use much more than what a lot of you guys have got. Some people in the US are getting over 20mpg (11.76l/100km) and that's in a full size truck. I remember allowing 20l/100km for my old XB GT years ago.:o:crazy: At least it only cost 60c/l then.

Me doing a hybrid might be a few years away though. Would like to play with hydrogen first.:D

[Marc 1]

OK, so I've got a big diesel (for a 4WD at least). But it won't use much more than what a lot of you guys have got. Some people in the US are getting over 20mpg (11.76l/100km) and that's in a full size truck. I remember allowing 20l/100km for my old XB GT years ago.:o:crazy: At least it only cost 60c/l then.

Me doing a hybrid might be a few years away though. Would like to play with hydrogen first.:D

Wasn't having a shot at you Dave, the average bogan with a badly tuned 200sx will use way more than that^. My comment was more a compliment toward your fabrication and electrical skills. If anyone could put one together you could.:thumb:

[DJR96]

Didn't really think you were.;)

It would be a great engineering challenge for me to build a hybrid. There's a few interesting concepts that would be fun to build into it. Certainly challenge and extend my electrical skills greatly.:D

[petefire427]

hey guys, I was always under the impression that the australian gov legislated that we must use 80% bass straight crude in aus and only 20% is imported if that was the case the how does world oil prices effect the aust fuel price so much???I was also told that aust has fuel injection problems(more to do with petrol) do to the fact that we use 80% bass straight crude(this oil hasn't been under the ground for as long as middle eastern crude and contains alot more waxes and sulphur in it)
does anyone else know any more on this

[XBC351]

It's been pegged to the Singapore price for a while, to stop it being sold overseas cheap I believe.

[Marc 1]

hey guys, I was always under the impression that the australian gov legislated that we must use 80% bass straight crude in aus and only 20% is imported if that was the case the how does world oil prices effect the aust fuel price so much???I

(Interesting feeling of deja vous here...) This info from the Australian Institute of Petroleum seems to contradict this:

Around 70% of crude oil used in Australian refineries is imported (30% is from Australian oilfields).
In 2006-07, these imported crudes were sourced from over 16 countries mainly from:

Asia-Pacific - around 80% of imports (or 55% of crude oil requirements)
Middle East - around 20% of imports (or 15% of crude oil requirements).Source: Supply Reliability (http://www.aip.com.au/industry/supplyreliability.htm)

All our oil companies operating in Aust are huge multinational corporations. If you were running one of these companies would you sell the oil you pump in Aust just to Australia or would you seek the highest price you could on international markets thus maximising your profits for your shareholders? The oils we purchase (70% of what goes through our refineries) we purchase at market prices - loosely set on the Singapore price.

[fullmetaljacket]

Around 70% of crude oil used in Australian refineries is imported (30% is from Australian oilfields).


thats a danm shame, so the 12 billon barrels they found 30km away from me is not going to affect prices

[Ar Dee Oh]

paid $2.26 for diesel last week. Luckily i found out how much they were charging before i paid (pre-paid fuel) so i could only put enough in to get to the nearest servo. Even the owners reckon it isn't viable, but they don't earn any money on it, just sell it to provide a service so that those that are short CAN make it home, which is worth the extra buck (or ten...)

[1Lux]

nearest diesel to me is at $2.10/L, recently filled up for $2.18/L (Inaminka on tuesday). Cheapest near (within 200km) me is at $1.99/L. Gotta wear it too, public transport dosent exist out here!!

[Tree cutter]

It was $1.92/L down here in Mt Gambier when i filled the work bus up on Wednesday at the Mobil 24Hr. I'm glad i am not paying for it.

[The Ghost Truck]

I'm starting to use my 1985 NISSAN Patrol 3.3L S/Wg Turbo diesel on Cooking Oil It Runs on anything :drink: i even tried Kerosene it still ran (Just), my mate calls it a Multi-Fule Truck.
I used Conola Cooking oil in My Patrol "With No Computer" first start at 1/4 then 1/2 run it near dry then filled the tank all the way with the Cooking oil & "Bobs Ya Uncle" she ran you can use either Used Filtered oil For near nothing or fresh oil in bulk from the shop/warehouse.

[croozy]

diesel just came down 6 cents a litre where I am today $1.81 / litre now

[Novae]

diesel just came down 6 cents a litre where I am today $1.81 / litre now

I saw this too, it seems to have been coming down for the last week or so, although very slowly...hell, i actually saw it for 169.9c today =D

[03deo]

remember back about 8 years ago when fuel jumped from 50c/l to 70c/l i remember driving past the servo and everyone was just stunned nobody could beleive it and we were wondering how we would ever afford it. no matter wat the reasons or how unfair it is we just have to deal with it. or put all your time and energy complaining about it into coming up with a new engine power....

[chickenlittle]

i agree ,
get over it !
if you wanna go some where pay for it , if not-dont .
no-one cares . all this complaining could be used in far better ways , not winging about how the past was , thats just what it is the past , it will never go back to those fuel prices no matter how much oil is found through the world.

[Renasc]

I saw it at 173.9/L today in Atherton, NQ.

[aaronb]

Diesel has dropped from 189.9 to i think 174.9 in Rutherglen, pretty sad when we are celebrating it dropping this far.

[stRanger]

Diesel is $1.66.9 at my local servo in Melbourne.

[old_mate]

159.9 in brisbane i noticed today

[03deo]

i saw it yesterday for 1.57 it just seems to keep losing 2cents every now and then makes you pretty happy even if it makes very little difference

[fullmetaljacket]

the recent price drop is due to the US and Europe buying 3% less oil, it is easier to drop the barrel price to increase worldwide spending than it is to cut back the supply (which I have been told takes 8-10 weeks). the other week when the prices were starting to drop I had a look at the wholesale prices compared to the pump price, the servos were still 10-15cents (while the price was dropping) dearer that the depot 2kms down the road......plenty of room for a price drop.

[matt.s.FC]

price difference between petrol and diesel is down to 12-13c now.. at least on petrols high price days.

[scarecrow73]

What's a bloke to do!!

I am looking at getting my 1st 4WD soon and was looking at a 3.0D GU Patrol but with all the talk about diesel getting over $2 a litre, I may have to change my decision and look at a petrol Pajero or similar.

Any advice for a newby on which to choose - diesel or petrol????

[matt.s.FC]

Just saw this as i drove by a servo this morning ... diesel $1.46 vs petrol $1.51 :).. petrol had just gone to its high price for the week so i imagine it'll be around $1.41 around tuesday next week but still diesel is the at the price difference it was when i 1st started driving diesels :)..around 2002.

[DJR96]

Yeah, noticed they're about the same price here now too. Bewdy!:waycool:

How things have changed in 2 months???

[Bugs62]

Hi Dave,
Just been out too the Flinders Rangers S.A. highest price was $1.92 but mostly $1.80.Have some data on fuel with the Hydroxy cell. May post on the other thread.When I was traveling in the 110 km zone into a head wind,fuel whent from around 11.8l/100km down to 9.8l/100 km.(Ford Courier 2.5td 4wd 5 people,loaded with all camp gear,ABR conopy on back) Overall
on the 4000km trip with cell on only the first part to Broken Hill I got 11.46l/100km (230000km on clock) Regards Ivan

P.S. May have to tweek the timing on the pump with those results.

[thomasando]

Diesel still 8c/l dearer here in Toowoomba :(. Heading up the coast this weekend and I'm bone try, might be time for a 'splash and dash' and pick up some at the coast where it's hopefully cheaper.

[DJR96]

Hi Ivan, 4000km trip would have been great. You'd have to be happy 16% improvement, especially on a good modern engine to start with. Well done.:thumb:


Yeah, I always try to plan fuel purchases to get best prices. Fortunately they are among the cheapest around here. Still a strong weekly price cycle. Jumps on Thursday morning and slowly comes down over the rest of the week, cheapest on Tuesday/Wednesday. I paid 129.9c/l for E10 petrol with 4c/l on Wednesday.:)

[Marc 1]

Oli down under $US80 per barrel, but unfortunately the little aussie battler is beginning to look like the Pacific Peso again. Bugger, its one of the main reason we are not seeing $1.15's to $1.25's.

Glad diesel is back to reasonable levels - I've just ordered a diesel fourby:thumb: .

[Wombat1965]

Last time oil was down under 80 a barrel, the dollar was also down about 70 cents. Fuel was around $1 a liter. Why are we still paying (in our area) $1.50 a liter or more for diesel? I suppose (here we go, said in one long breath) rising production costs-Singapore linked price setting-world oil demand-oil production uncertainties-fluctuating markets in Europe-dollar transaction value between markets-fluffy bunnies clogging the pipeline. I just threw that last one in because it makes about as much sense as half the crap excuses they come up with as to why the fuel price rises rapidly within a day or so after an oil price rise, yet hangs around at the high level for months after the oil price drops...