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The Pub For General Automotive Related Talk |
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13-03-2022, 07:07 PM | #1261 | ||
FF.Com.Au Hardcore
Join Date: Aug 2019
Location: Goulburn NSW
Posts: 513
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Hi Guys
well E10 is 2.07 a litre here at home. This i really a long shot and i dont think it would happen because the Goverment is making too much money out of fuel. What are the chances of the Goverment removing some of the excise on fuel? |
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13-03-2022, 07:23 PM | #1262 | |||
FF.Com.Au Hardcore
Join Date: Jul 2005
Location: Melbourne
Posts: 6,918
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Quote:
The best thing gov can do is run a genuine inquiry into fuel prices IMHO. There is no correlation between prices per barrel and what we pay at the pump. Slomo was supposed to have done an inquiry when he was treasurer, it was a promise he made some elections ago. Setting a good policy will have long term benefits. Excise cut is just short term, funding for road infrastructure will suffer in the mean time.
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~~~~~~~~~~~~~~ Rides (past and present) Current: 2004 Ford Falcon 5.4L 3v Barra 220, Manual Past: Mitsubishi Sigma (m), Toyota Seca (m), Toyota Seca SX (m), Toyota Vienta V6 (m), Toyota Soarer 4L v8 (a), BA XR8 ute (m), T3 TE50 (m), BMW Z4 (m) AFF motto - If contrary views trigger, please use ignore button. Last edited by T3rminator; 13-03-2022 at 07:28 PM. |
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13-03-2022, 07:37 PM | #1263 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Location: In Front of a Monitor
Posts: 1,651
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If they remove some of the excise the fuel companies will jack up the price by what it comes down.
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2004 Mercury Silver Falcon XR6T - 5 Speed 2017 Platinum White Mustang GT - 6 Speed 2022 Blue Thai-Special for Daily Duties - Auto |
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13-03-2022, 07:42 PM | #1264 | ||
FF.Com.Au Hardcore
Join Date: Feb 2010
Location: Geelong
Posts: 1,726
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The cost of fuel has been jumping every time the oil price did, the supposed 6 week lag Craig James always bangs on about turned into 6 hours.
I noticed when oil prices dropped $20 a barrel the other day the prices didn’t follow. Every dollar is 1 cent apparently, we should be paying $1.79 here in Geelong. Funny that. |
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13-03-2022, 07:45 PM | #1265 | ||
FF.Com.Au Hardcore
Join Date: Feb 2010
Location: Geelong
Posts: 1,726
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Regarding cutting the excise, that’s a useless move as the fuel companies will just pocket the difference.
At least pause indexation and freeze it at its current rate |
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14-03-2022, 02:45 PM | #1266 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 5,272
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Online news is saying Moscow and Ukraine talks coming this week is causing 'some' barrel price reductions and hopefully even more in the near future.
Thank god! |
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14-03-2022, 03:47 PM | #1267 | |||
Regular...with metamusal
Join Date: Oct 2009
Location: Geeeloong
Posts: 6,570
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Quote:
those 'talks' are just bulllshiit coz putin wants his way ....... like everywhere russia has fought such as Syria, Chechen . |
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14-03-2022, 03:49 PM | #1268 | |||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,433
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Quote:
What a curious situation, do you sanction then shoot yourself in the foot with cost of living increases or do you sit on the sidelines? Maybe we can buy oil from Iran?..... Oh wait they've been sanctioned too. What about Venezuela? Oh thats a crap shoot too |
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14-03-2022, 04:06 PM | #1269 | |||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
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Quote:
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heritagestonemason.com/Fordlouisvillerestoration In order that the labour of centuries past may not be in vain during the centuries to come...... D. Diderot 1752
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14-03-2022, 04:47 PM | #1270 | |||
FF.Com.Au Hardcore
Join Date: Jul 2005
Location: Melbourne
Posts: 6,918
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Quote:
Funny isn't it, of those who made the decisions to apply the sanctions, how many of them do you reckon have to worry about cost of living?
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~~~~~~~~~~~~~~ Rides (past and present) Current: 2004 Ford Falcon 5.4L 3v Barra 220, Manual Past: Mitsubishi Sigma (m), Toyota Seca (m), Toyota Seca SX (m), Toyota Vienta V6 (m), Toyota Soarer 4L v8 (a), BA XR8 ute (m), T3 TE50 (m), BMW Z4 (m) AFF motto - If contrary views trigger, please use ignore button. |
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14-03-2022, 05:00 PM | #1271 | ||
AWD Assassin
Join Date: Dec 2004
Posts: 8,170
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$2.37 for V power… lucky the angry little AMG can sip it at just 7L/100klm. If it was the BF GT it would be mothballed… no chance I’d be shelling out $155.00 a tank for 300klm…. $U$k that.
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14-03-2022, 05:23 PM | #1272 | |||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
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Quote:
Also state election for us Mexicans! |
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14-03-2022, 05:57 PM | #1273 | ||
FF.Com.Au Hardcore
Join Date: Jan 2010
Posts: 11,325
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Just heard that 91 will probably hit $2.50 later this week and 98 whatever they damn well please
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14-03-2022, 08:08 PM | #1274 | ||
Thailand Specials
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14-03-2022, 08:47 PM | #1275 | ||
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14-03-2022, 09:02 PM | #1276 | ||
FF.Com.Au Hardcore
Join Date: Feb 2010
Location: Geelong
Posts: 1,726
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14-03-2022, 09:05 PM | #1277 | ||
FF.Com.Au Hardcore
Join Date: Feb 2010
Location: Geelong
Posts: 1,726
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I’m not sure that it will, the oil price has backed off a bit and the price of petrol here in Geelong has been pretty stable since around Friday. I can’t speak for them all but I’ve seen some servo’s go up to $2.20 or so a litre and by the end of the day they were back around the $2 mark.
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14-03-2022, 09:51 PM | #1278 | ||
Regular Member
Join Date: Apr 2017
Location: Brisbane
Posts: 140
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I checked with a mate. it about $5.74 a gallon in Sacramento which is line ball with the average in California at the moment. With about 3.74 litre's per gallon , its about $1.53 per litre for 87 Unleaded there. So it is significantly cheaper than here.
But if your in middle America ie Dakota down to Texas its about $$3.90- $4.00 a gallon. So about $1.06 per litre. |
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14-03-2022, 10:19 PM | #1279 | |||
FF.Com.Au Hardcore
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Location: Geelong
Posts: 1,726
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Quote:
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14-03-2022, 10:48 PM | #1280 | ||
Sick Puppy
Join Date: Jul 2006
Posts: 1,963
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The fuel price rise and cost of living that will go through the roof will get the public on side to justify a full scale war.
The world's economy is screwed from covid. Nothing rebuilds an economy like a big dust up. They just want to get the war machine cranking. I said this was coming 2 years ago. |
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14-03-2022, 11:17 PM | #1281 | ||
Guest
Join Date: Aug 2018
Posts: 1,892
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Considering we as a Country Import most of our Fuel, & only ever have 18-20 Days Fuel supply.. Don't be surprised if we Don't end up rationing Fuel. To avoid running out...
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14-03-2022, 11:28 PM | #1282 | ||
Moderator
Join Date: Jan 2014
Location: Melbourne
Posts: 7,940
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Let's face it, most people who rely on their car to get from A to B will still pay the price at the petrol pump no matter what it costs.
Sure, many will limit their trips, and some may opt to take public transport, walk or ride a bicycle instead. When "essential" costs rise, it's the non-essential discretionary purchases and businesses supplying them that will suffer the most. If you were paying $1.50 a litre and your 60 litre tank used to cost $90, but now at say $2.20 a litre and $132 a tank... People will look for other ways to save that extra $42 a fill. That $5 a day cup of coffee, the extra beer at the pub, that weekly dinner out with the missus, that new pair of shoes, handbag or the new shiny iPhone will go, etc. Not a good time for small business owners who have already been battered over the last 2 years with the pandemic. All we need now is a rise in interest rates with the high inflation pressures, coupled with a lack in consumer confidence and you have the perfect storm for an economic downturn. Thank you Mr Putin. |
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14-03-2022, 11:59 PM | #1283 | |||
Regular Member
Join Date: Apr 2017
Location: Brisbane
Posts: 140
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Quote:
Oops yes brain fade. Converting from USD to AUD at todays rate Sacamento is $2.11 per litre AUD (one of the dearest in the US ) Texas is 1.46 per litre AUD ( one of the cheapest in the US ) So they still have it cheaper than us. |
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15-03-2022, 12:06 AM | #1284 | ||
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15-03-2022, 04:20 AM | #1285 | |||
FF.Com.Au Hardcore
Join Date: Feb 2010
Location: Geelong
Posts: 1,726
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Quote:
Warrenk said Californians are paying AUD $2.07 a litre for ‘gasoline’. You said ‘no they’re not’. I said ‘ Yes they are, a quick google search and some conversions will tell you they are.’ And you’ve come back and said the quote above. Here’s where you got lost. The twist in the tale. Gasoline is averaging US$5.744 a gallon. US$5.744 is AUD$7.96 at the current exchange rate. 1 US gallon is 3.785 litres. $7.96 (the Aussie dollar price per gallon) divided by 3.785 (the amount of litres in a US gallon) at the current exchange rate as I type this is AUD $2.10 Remember, Warrenk quoted his price in Aussie dollars, where as you’ve come along, skipped a step and told him he was wrong. |
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15-03-2022, 06:57 AM | #1286 | ||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
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Saudi Arabia won't increase oil production to reduce prices
https://www.wsj.com/articles/as-oil-...is-11645015415 |
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15-03-2022, 06:59 AM | #1287 | ||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,433
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Saudi Arabia won't increase oil production to reduce prices
https://www.wsj.com/articles/as-oil-...is-11645015415 https://www.dw.com/en/could-saudi-ar...oil/a-61042100 They're sticking with the agreement they made with Russia, no surprises there. |
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15-03-2022, 07:27 AM | #1288 | |||
FF.Com.Au Hardcore
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Location: A.C.T
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Quote:
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2022 Honda HRV e:HEV in Premium crystal red. |
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15-03-2022, 07:39 AM | #1289 | |||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
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Quote:
For those not aware Iran and Saudi Arabia both hate each other, both are the two oil rich Middle Eastern 'superpowers' and one is backed by the US and the West (who also buys our military equipment in huge numbers) and the other is backed by Russia, China and the others who hate us ideologically. They were supposed to hold 'talks' in Iraq recently but one cancelled on the other and they both enjoy fighting each other in proxy wars across the Middle East, one executed one of the others clerics in recent past that caused a bit of drama But that's good to hear OPEC has come around. Last edited by Franco Cozzo; 15-03-2022 at 08:02 AM. |
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15-03-2022, 08:49 AM | #1290 | |||
FF.Com.Au Hardcore
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Location: Victoria
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Quote:
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______________________________ 2015 Territory Titanium RWD Diesel - SOLD 2016 BMW X5 xdrive 30D Msport Seadoo Challenger 210SE 310HP |
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