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Price of fuel
Posted: Wed Sep 17, 2008 6:43 am
by Outback bloke
Any one else notice the price of fuel at the moment?
Oil is down to $93/barrel. Last time it was that price we were paying $1.10/litre. Even then it should have been under $1.00/litre and closer to 0.95/litre. Yet it is still well over $1.35 around here.
Posted: Wed Sep 17, 2008 6:57 am
by brumbyrunner
I'm still $2.50 if you want to buy it from me.
Posted: Wed Sep 17, 2008 7:51 am
by vincentvega
there goes any chance of me driving to your place for fuel Stuart!
Posted: Wed Sep 17, 2008 7:52 am
by CPOCSM
Yepp the oil companies have had a taste of the high proices - did you really htink they would lower their prices? $92 a barrell now and I still pay $1.53 here in Canberra - it sickens me!
Bloody thieves - all of them!
Hooroo
Posted: Wed Sep 17, 2008 8:21 am
by bobbyjimmy
My wife filled up (Calwell in ACT) with Caltex Vortex 98 last Tuesday, she paid $1.60, I filled up at the same servo, same fuel on the Thursday and paid $1.76.
Posted: Wed Sep 17, 2008 9:04 am
by Wilbur
They're still making it, and while I can still afford it, jolly good.
Posted: Wed Sep 17, 2008 10:40 am
by Lapsed
Yeh noticed the price today. Bloody thieves. They jack the price up as quick as possible. then when it comes time to drop it, they go extremely slowly
still i cant complain to much. i have a company car heheh.
chris
Posted: Wed Sep 17, 2008 4:15 pm
by Outback bloke
What gets me is when they say that if oil is $200 a barrel it will be $2.00 a litre at the pump. So in my reckoning if it is $93 a barrel then we should be paying $0.93 a litre.
Posted: Wed Sep 17, 2008 4:28 pm
by Alex
i filled up my car yesterday at $1.42...noticed today they jacked it up to $1.59 a litre. Absolute joke. But meh...we shouldnt complain that much, look at europes fuel prices.
alex
Posted: Wed Sep 17, 2008 4:52 pm
by bruce
It's hearing about these prices that make me grateful I am not driving at the moment.
Posted: Wed Sep 17, 2008 8:41 pm
by Ben
Problem is US dollar against AUD has increased some 15c in the last few weeks too, which doesn't help the cross rates.
$50 = 20.58l
Posted: Thu Sep 18, 2008 8:34 pm
by daza
Put $50 in the work bomb today, got less than 21L...
243.0c/L !!!
Of course that was overseas...
Daza.
Posted: Thu Sep 18, 2008 9:29 pm
by Suby Wan Kenobi
When it was last under $100 a barrel our Ozzy $ was only about 80c/1USD so it should be as already stated back to around $1/L
Posted: Fri Sep 19, 2008 10:22 am
by RetroLover
Yes the fuel prices are complete BS and you would expect petrol to drop since crude is 92 US a barrel. But the economics of it is the AUD has dropped to 84 US cents from nearly on par with the US exchange rate a few months earlier. But with the consideration of these factors ULP 91 should really be 114.9 to 119.0 cents a liter. But as we all know by now Oil companies care only about maximising there profit as much as possible. They are bastards there is no denial in that.
Posted: Fri Sep 19, 2008 3:34 pm
by Suby Wan Kenobi
When i get access to my other stuff on my HDD i will see if the fuel cost table i have is still there i had put in barrell prices and Oz $ rates in as it was on the move.