Price Of Fuel Protest

[RAP1D]

farout!

[TurboDewd]

If you can't beat em join them, caltex made something like 140 million dollars last quarter and there share price went up almost 5 dollars in value in two months basically 20%. Why not buy some of their shares, sell when your happy with the increase in value and have free fuel off the profits. The price of fuel will never go down again and is only going to get worse unless manufactures start bringing out performance cars that run on an alternative safely with no power loss. For the meantime all petrol stations will bend us over at the bowser there's nothing really you can do, may as well try and get some back. Just my 2 cents as an alternative from a different angle.

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Or buy Woollies shares.

Other oil companies to consider on the ASX along with CTX: AWE, OSH, WPL and ROC.

[Fat-Tony]

I spend my money on modifications

[RAP1D]

I spend my money on modifications

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So chop chop... get the mods happening!

[Fat-Tony]

I spend my money on modifications

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So chop chop... get the mods happening!

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im just trying to decide if looks come before power. Maybe stock wheels will stay inlight of an edit and tune

[Paradoxx]

They dont sell vortex98 in perth so

[jonom]

It's a good idea, but it won't do anything. The Caltex will sell it's fuel through another vendor so they are protected by it. Infact the only person your really hurting is the service station owner, and they do not dictate the price of fuel, and they really do only get pittance for every litre they sell.

We should be lobbying the gov't to remove their fuel exise (Tell JH he's out if the exise is not removed before next election). If that's not a tax, onto of a tax, on top of another tax then I don't know what is.

They complain that if they where to remove or get rid of the fuel exise completely it would cost them big time, that might be true, but is it really their money to take in the first place? They did nothing to create \ import \ store \ transport the product, so why should they be entitled to an amount of money on top of the other taxes that they charge?

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I recall little Johnny saying that if the government took 2 cents a litre of the pump price it would cost them like 300 million dollars a year so it was never going to happen. We just need to get used to high prices

[Fat-Tony]

It's a good idea, but it won't do anything. The Caltex will sell it's fuel through another vendor so they are protected by it. Infact the only person your really hurting is the service station owner, and they do not dictate the price of fuel, and they really do only get pittance for every litre they sell.

We should be lobbying the gov't to remove their fuel exise (Tell JH he's out if the exise is not removed before next election). If that's not a tax, onto of a tax, on top of another tax then I don't know what is.

They complain that if they where to remove or get rid of the fuel exise completely it would cost them big time, that might be true, but is it really their money to take in the first place? They did nothing to create \ import \ store \ transport the product, so why should they be entitled to an amount of money on top of the other taxes that they charge?

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I recall little Johnny saying that if the government took 2 cents a litre of the pump price it would cost them like 300 million dollars a year so it was never going to happen. We just need to get used to high prices

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As I said its the state govenrments who are reaping the rewards of the higher prices due to extra GST collected, we should be targeting them not he federal government

[TurboDewd]

I disagree. The majority of the tax on fuel is Fed govt excise. $300 million is nothing to the feds. The states arent as awash with cash as the feds are.

High fuel prices will probably be with us for a while, we need to get used to it. Just dont 'upsize' at Maccas or KFC.

[Kimberley Scott]

The bit that I dont get, is we are taking so much oil and gas out of the ground here in Australia. Add to that we have our own refineries. So why are we paying so much for fuel.

We are also burning off so much natural gas, whatever you think of LPG systems in vehicles, when LPG was 14 c a litre then there was a market and development money, now the government has taxed it so the development money is not there, it is not that viable.

An absolute bloody waste and a disgrace.

Scotty