Petrol prices dropping

HSVKILLA · 20-10-2008, 08:07 PM

: Awesome,over here in kiwiland we are down to $1.76 a litre now and falling,this is a relief from the height it reached $2.17 a few months ago,i hope this trend is the same or similar for all you people in the great southern land over there.

**DJM83** · 20-10-2008, 08:11 PM

wow thats expensive, i paid 156cpl for BP Ultimate today in Brisbane

Dragoneletra · 20-10-2008, 08:32 PM

Quote:

Originally Posted by 51RTE

wow thats expensive, i paid 156cpl for BP Ultimate today in Brisbane

here in darwin ultimate is $1.87 point 9.....So a buck eighty a litre. price hasn't changed for months....

sucks.

Jc

Laminge · 20-10-2008, 08:13 PM

exchange rate difference!!!!

DoreSlamR · 20-10-2008, 08:14 PM

Yeah it's coming down a little bit, just a shame the AU$ is weak against the US$ otherwise it would be even cheaper.

Hillbilly F Truck · 24-10-2008, 12:51 PM

Quote:

Originally Posted by DoreSlamR

Yeah it's coming down a little bit, just a shame the AU$ is weak against the US$ otherwise it would be even cheaper.

Yep, no matter which way you turn they got you. We're just another bare bum in the prison shower mate.

SM1DY · 20-10-2008, 08:22 PM

Whats the story behind the price drop? Did someone fine a huge stockpile of oil?

prydey · 21-10-2008, 06:44 AM

Quote:

Originally Posted by SM1DY

Whats the story behind the price drop? Did someone fine a huge stockpile of oil?

this was my initial thought too. prices were going up due to the dwindling supply and the high demand.

as the 'global financial crisis' puts a bit of a squeeze on, demand may decrease a little but the reserves don't change. price comes down, people start using again and the demand is back.

obviously the stories they tell to jack the price up don't have to make sense when the economy starts to fall.

DoreSlamR · 20-10-2008, 08:30 PM

Value just drops like everything else I guess

Darkr · 20-10-2008, 10:18 PM

Quote:

Originally Posted by DoreSlamR

Value just drops like everything else I guess

Hahaha! what?!

Quote:

Originally Posted by dreadly

caltex vortex 95% has been about $1.64 mid north coast for a while now.... Changed from 98%, ive got the vaporate fuel system fitted didnt notice much difference between the two- except price 98% was $1.82.

Ron rating is not a %, you can have greater then 100 ron.

DoreSlamR · 20-10-2008, 10:29 PM

Quote:

Originally Posted by Darkr

Hahaha! what?!

Value of crude oil has dropped, just like everything else....What's so shocking about that?

InfernoSR · 20-10-2008, 08:32 PM

Its dropped? only the price of oil has... the price at the pump hasnt changed here in ages...

SM1DY · 20-10-2008, 09:23 PM

I don't think I'll lose any sleep if a recession in the states means cheaper petrol for me.

**ebxr8240** · 20-10-2008, 09:51 PM

Diesel over there was $1.47n.z a litre..

GS608 · 20-10-2008, 09:59 PM

its hovering in the $1.30's on the gold coast, loving it too!

dreadly · 20-10-2008, 10:01 PM

caltex vortex 95% has been about $1.64 mid north coast for a while now.... Changed from 98%, ive got the vaporate fuel system fitted didnt notice much difference between the two- except price 98% was $1.82.

**ebxr8240** · 21-10-2008, 10:31 AM

Winter is coming to U.S which was an excuse last year!!
It doesn't seem to be applicable now!!
I would say the oil speculators have had their fingers burnt in credit crisis...
Sheesh I feel for them !! Yea right !!!

blueoval · 21-10-2008, 10:39 AM

I'll believe prices are cheaper at the pump when the price saving per barrel is filtered thru to the consumer. Until then, ALL petroleum companies suck

chevypower · 21-10-2008, 03:38 PM

It's a whopping 81c a litre here now..... geee, tough times :-)

**Sorted** · 21-10-2008, 03:41 PM

Quote:

Originally Posted by chevypower

It's a whopping 81c a litre here now..... geee, tough times :-)

We all hate you

: and you still drive on the wrong side of the road............lol

geckoGT · 21-10-2008, 06:00 PM

Quote:

Originally Posted by chevypower

It's a whopping 81c a litre here now..... geee, tough times :-)

Gee you know how to make friends here, drop dead

:

Just kidding, wish we had that here, even taking into account the exchange rate and making it approx $1.10 would be good, we get ripped off.

**TUF_302** · 21-10-2008, 07:14 PM

Wish it was 81cents a litre here!, id have a carby v8 to!, not just an EFI one lol!!

chevypower · 27-10-2008, 03:36 PM

Quote:

Originally Posted by geckoGT

Gee you know how to make friends here, drop dead

:

Just kidding, wish we had that here, even taking into account the exchange rate and making it approx $1.10 would be good, we get ripped off.

Make it 71c now (2.69/gal yesterday) - I'm coming to Melbourne in a few months... anyone want me to bring some jerry cans on the plane? :-)

AUsome · 22-10-2008, 10:35 PM

Quote:

Originally Posted by chevypower

It's a whopping 81c a litre here now..... geee, tough times :-)

Must be time to fill that 10,000L tank hey?

Quicksand · 27-10-2008, 04:05 PM

Quote:

Originally Posted by chevypower

It's a whopping 81c a litre here now..... geee, tough times :-)

Which is one of the main reasons why we are in this shortage in the first place...Americans etc driving massive trucks around and only having to pay 81c a litre...no wonder Toyota are creaming Ford and GM over there now and i for one am glad...save a little fuel for the rest of us wont you?

oh and LPG FTW! 54c/l

big_landau · 27-10-2008, 09:45 PM

we are all getting ripped,with oil dropping that much yet fuel prices havnt gone down stuff all,aussie dollar hasnt lost that much.wonder what % oil has gone down in the last month compared to the aussie $.

chevypower · 28-10-2008, 11:44 AM

Quote:

Originally Posted by Inducted_Breeze

Which is one of the main reasons why we are in this shortage in the first place...Americans etc driving massive trucks around and only having to pay 81c a litre...no wonder Toyota are creaming Ford and GM over there now and i for one am glad...save a little fuel for the rest of us wont you?

oh and LPG FTW! 54c/l

I always thought at the Toyota Dealerships, the Prius' were hidden behind the Tundras. But it's the other way around, it's the Prius that stands out. Nobody notices or criticizes the Tundra... probably cos it got Trucktrend truck of they year, but the new 09 Ram is better anyway. I bet if you lined up all the Chevy models with all the Toyotas, Chevy would win on mpg nearly every time.
Now I have had time to look them up.....
Silverado/Tahoe/Suburban 20mpg / Tundra/Sequoia 18mpg (4x4 V8 on both)
Colorado 22mpg / Tacoma 20mpg (4x4 auto 3.7I5 Chev, 4L V6 Toyota)
Traverse 24mpg / Highlander/Kluger 24mpg (bear in mind the Traverse is significantly larger, but closest equiv.)
Impala V6 29mpg / Avalon 28mpg
Malibu 33mpg / Camry 31mpg

Well done to Toyota... they lose on.. pretty much all of them. I tried to find a Toyota equivalent to the Corvette, but couldn't. I didn't look up the Camry Hybrid and Malibu Hybrid, but i think they are pretty close together. Perception is more important than reality in a lot of these cases.

barthez · 21-10-2008, 03:40 PM

couple of servos had a bidding war in sydney today, price got as low as 92c/L

servo owner expects to lose as much as 10k today......some sort of protest to the govt or something

blueoval · 21-10-2008, 03:43 PM

Quote:

Originally Posted by barthez

couple of servos had a bidding war in sydney today, price got as low as 92c/L

servo owner expects to lose as much as 10k today......some sort of protest to the govt or something

WTF??? geez, I wish we had that here in SA

barthez · 21-10-2008, 03:53 PM

article here - http://news.ninemsn.com.au/article.aspx?id=650619