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Petrol Price Explosion 169.9c/l - Sydney


bcl

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  • Go Pies!!!
  • Donating Members
  • Member For: 16y 8m 28d
  • Gender: Male
  • Location: Vic Somewhere - Sometimes NSW
Holy crap! where, I'm there, tarp in the ute and fill it up!

Last fill for me was 1.68, $110! that's over 9g a year.

Felix

Mate- dont know how big his tank is, but its a Mazda 7 4wd turbo thing...

His in brissy somewhere, and he was at a Shell... Lives near that part where you catch the Ferry to Bribie Island or where ever it is... All I remember is a few year old estate so reasonably new houses, boats, and water...

So I think its was on the way home somewhere... if that's the south side or something it was there... Always calls up to rub it in my face... *beep*!

might move to saudi arabia.. not only can you drift on the hwy's, but fuel is AUD$.05 / Litre.

our strong $ hasn't reduced fuel prices at all, something definatly stinks!

:laughrolling: :laughrolling: :laughrolling: :ifiusethisimafag:

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  • Member For: 17y 1m 24d
  • Gender: Male
  • Location: Melbourne

Filled the Ute last Night 71 Ltrs @ $1.69 = $ 120.00

Had a job in Swan Hill today.......(I'm from Melbourne) Finished Job then went to Servo added another $25.00 of BP Ultimate @$1.79 which gave me 13.9 Ltrs,made the long drive home and refilled in Melbourne 69 ltrs @$1.81= $124.89. that's $269.89 for Petrol in 2 Days... not including the Wifes car!!

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  • Member For: 20y 11m 10d
  • Location: BRISBANE

just filled BP U 1.71 took about $64 I had 1/2 a tank for 356km from the weekend cruise avg 11.1/100 good fuel econ won't really matter any more whats 2-3 bucks when your paying these prices.

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  • It's All In Your Mind
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  • Member For: 21y 15d
  • Gender: Male
  • Location: Melbourne

The continually rising oil price will bring a burst of global hyperinflation.

Simple maths, if fuel rise by 50% in a year, then inflation will keep pace at about 20% during the following year, the more it keeps going up the greater the potential for an inflation blowout becomes.

Maybe that's why the Reserve Bank has stopped raising interest rates. They know what is going to become of what remains of many peoples disposable incomes in the next 18 months. I think a lot of people are going to be forced into horrid little hybrid things and other poor excuses for cars out of financial necessity, then within 5 years it will become the norm.

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  • Member For: 17y 1m 27d
  • Gender: Male
  • Location: Melbourne

decision made....

selling the T.... too expensive to run, and not a good car to boot around the city in when I move to Tassie, im gonna miss it but I get a company car in about 12 months, so better to sell now before fuel is $25 per litre and anything over 4 cylinders is a write off IMO.

on that note. $110 to fill up @ $1.81 per litre for BP98 in Nunnawadding yesterday!!!

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  • TEAM BA
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  • Member For: 19y 11m 6d
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  • Location: North of The Bridge
our strong $ hasn't reduced fuel prices at all, something definatly stinks!

that's a pretty common myth, the fuel we buy has very little to do with the $US/barrel, they compete in a seperate market to us we buy most of our fuel (what we dont produce localy) on the singapore market (MPOS95 I think it is and that is 95 ron) and whilst it fluctuates similarly to the Texas oil index (that's what the media generally report) it is not one and the same.

Our strong $ is only strong against the US$ which pretty much has gone to the sh*tter most other currency in the asia pacific region (our suppliers) has stayed relatively stable so comparing to the US$ is kinda a moot point

the truth is we are being bent over and slapped a little funny and as much as the govenment would like us to believe it's the petrol stations doing the ramming it is also the govenment not removing those "temporary" taxes, but as hypnodoc pointed out if the taxes were droped interest rates would most likely rise then all you would be doing is paying more for your house.

Dont get me wrong on that I am not saying that the fuel companies are not inflating the price, they are so to are the finance guys who buy and sell the fuel on both short term and long term contracts, ie: notice the drop in fuel price that's about to happen as a result of china raising there fuel tax. Iraq negotiating fuel supply and the US demand for fuel shrinking as they finally learn that a SUV sucks fuel like a dog licks balls!

on the flip side look at it like this, the more people pay for petrol, the less people will drive when public transport is available, the less people drive the less traffic there is, and we all know when there is less traffic you drive faster, the faster you reach yor destination the less fuel you use.

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  • Member For: 16y 6m 22d
  • Gender: Male
  • Location: Kellyville, Sydney

Can't remember where I read this (hope it wasnt on this site) but apparantly the Yanks are only paying about $1.06 per litre (Aust) atm or $4 a gallon (US)...

think I might get into the importing business

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