EZ2CME Formerly XR6NA Member 3,512 Member For: 18y 11m 29d Gender: Male Location: Brisbane Posted 09/04/06 04:01 AM Share Posted 09/04/06 04:01 AM Reading the sunday mail today they predict that prices could hit $3 a litre as early as next year. This would mean that we would be nearly paying $190 to fill up our tank and even more for the guys with the utes. Link to comment Share on other sites More sharing options...
O2STOCK Donating Members 607 Member For: 19y 2m 13d Location: Brisbane Posted 09/04/06 04:11 AM Share Posted 09/04/06 04:11 AM Reading the sunday mail today they predict that prices could hit $3 a litre as early as next year. This would mean that we would be nearly paying $190 to fill up our tank and even more for the guys with the utes.←Maybe we should remove the engine and fill it with batteries. How many KW can you stuff in then Link to comment Share on other sites More sharing options...
G6ET8U Playing with Sports Bikes... Silver Donating Members 1,927 Member For: 19y 30d Gender: Male Location: Whistling, GTX. Posted 09/04/06 04:17 AM Share Posted 09/04/06 04:17 AM Reading the sunday mail today they predict that prices could hit $3 a litre as early as next year. This would mean that we would be nearly paying $190 to fill up our tank and even more for the guys with the utes.What are the factors that they quote to come to this prediction?Oil would have to hit US$200+ a barrel for this happen... though oil is 'surging' at the minute as it did in the middle of last year on the open market it is still only US$67-68 a barrel... The stock market tend to get a bit excited, up the price, it's too high and then it settles... the beauty of supply and demand!Maybe just a bit of scare mongering...Jack Link to comment Share on other sites More sharing options...
EZ2CME Formerly XR6NA Member 3,512 Member For: 18y 11m 29d Gender: Male Location: Brisbane Posted 09/04/06 04:27 AM Author Share Posted 09/04/06 04:27 AM Can't quite remember what they said the factors were don't have the paper anymore. But John Howard doesn't seem to care how high the petrol prices go because he just profits with the extra money he gets from the taxes. Link to comment Share on other sites More sharing options...
G6ET8U Playing with Sports Bikes... Silver Donating Members 1,927 Member For: 19y 30d Gender: Male Location: Whistling, GTX. Posted 09/04/06 04:36 AM Share Posted 09/04/06 04:36 AM Can't quite remember what they said the factors were don't have the paper anymore. But John Howard doesn't seem to care how high the petrol prices go because he just profits with the extra money he gets from the taxes.Yes and no... the GST that is collected on fuel is returned back to the states and the fuel excise that equates to about 1/3 of our petrol price in no longer indexed against inflation (meaning it doesn't go up automatically) which is good... that happened a couple of years ago... the problem with higher petrol prices is that it has a huge effect on every household budget, regardless of whether you are single/married/kids or whatever... the money for fuel has to come from somewhere and it usually means it has to come from other areas of the houehold...Jack Link to comment Share on other sites More sharing options...
EZ2CME Formerly XR6NA Member 3,512 Member For: 18y 11m 29d Gender: Male Location: Brisbane Posted 09/04/06 04:51 AM Author Share Posted 09/04/06 04:51 AM It will also impact on the value of used cars as well won't it? Link to comment Share on other sites More sharing options...
Dagabond Bored Member Administrator 35,722 Member For: 22y 14d Gender: Male Location: Dé·jà vu Posted 09/04/06 04:52 AM Share Posted 09/04/06 04:52 AM Any way you look at were the mug's getting screwed paying these prices..rich get richer we get buttreamed.And the price of a gallon US is? Link to comment Share on other sites More sharing options...
Adam Here since the start... Lifetime Members 10,282 Member For: 21y 7m 2d Gender: Male Location: Victoria Posted 09/04/06 04:52 AM Share Posted 09/04/06 04:52 AM WTF are we paying GST on fuel? There's already taxes on it.Forget income tax cuts. Cut the taxes on fuel. Any party that promises this would win an election by a landslide.Farkin pollies, they wouldn't know how to fill up a fuel tank or pay for it for that matter. Link to comment Share on other sites More sharing options...
Dagabond Bored Member Administrator 35,722 Member For: 22y 14d Gender: Male Location: Dé·jà vu Posted 09/04/06 05:07 AM Share Posted 09/04/06 05:07 AM http://www.funonthenet.in/content/view/127/31/http://www.dubai-city.de/bildergalerie/And we wonder why.... Link to comment Share on other sites More sharing options...
wicksy still kicking around Member 1,789 Member For: 21y 8m 6d Gender: Male Location: Mackay Posted 09/04/06 07:18 AM Share Posted 09/04/06 07:18 AM http://www.funonthenet.in/content/view/127/31/http://www.dubai-city.de/bildergalerie/And we wonder why....← great what a stupid bloody idea, that's why petrol is getting dearer Link to comment Share on other sites More sharing options...
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