Petrol Price crisis......

[Franco Cozzo]

Originally Posted by ivorya

https://www.youtube.com/watch?v=ONICQ9Xcaug

He does a series on this Proto-Truck.

So do these guys

[roKWiz]

Originally Posted by Franco Cozzo

So do these guys

The minute they mentioned going into partnership with SWIFT all the alarm bells should have signalled.
These guys should be doing gaol time. IMO.

ON topic Diesel's still the same price as Thurday here.

[GASWAGON]

Latest news is all fuels have gone straight back up to where they were even after the excise cut last month.

Meat and Vegetables also on the rise soon and also interest rates after 12 years at .1%

Future not looking good!

[fordomatic]

Originally Posted by GASWAGON

Latest news is all fuels have gone straight back up to where they were even after the excise cut last month.

Meat and Vegetables also on the rise soon and also interest rates after 12 years at .1%

Future not looking good!

Insane, yesterday I filled up for $1.70, today it was $2.15

[Franco Cozzo]

Paid $2.03/L for 98 yesterday, Sunbury Shell.

I'm like, wow thats cheap!

Then I had to realise in what world is $2.03/L for 98 cheap given what we were paying last year

[T3rminator]

Originally Posted by Franco Cozzo

Paid $2.03/L for 98 yesterday, Sunbury Shell.



I'm like, wow thats cheap!



Then I had to realise in what world is $2.03/L for 98 cheap given what we were paying last year

Still 1.87 here for 98. It did jump for a few days back a week or so ago, settled back down again.

[Sprintey]

The beatings will continue until morale improves.

[Sprintey]

https://www.zerohedge.com/markets/wo...-could-win-big

https://www.zerohedge.com/markets/us...critically-low

Diesel pressure is a worldwide thing.

Not knowledgeable enough to know if it's that fracking delivers the US more light petroleum grade fuel than diesel, or if it's the depletion of heavier oils, echoes of supply/demand shocks, or just printing heaps of currency, or anything else. Probably best to be on good terms with your local fish&chip or Chinese restaurant owner...

[EBSXR6]

98 Petrol gone up about 40c/ Litre in Melbourne.
The Shell on the corner of Whitehorse and Springvale Rds, Nunawading was selling at the old price had a queue about 300m down Springvale Rd.

[Syndrome]

Originally Posted by Syndrome

Another new record today. $153 for 74 litres of 91 RON. First time I paid more than $2 per litre! $2.079

New record this evening. $156.87 for a 73 litres of 91 RON

[hackney]

The AUD against the USD is @ 68.4c,this is not helping the price of fuel also, so you have to put that into context as well.

[T3rminator]

Originally Posted by EBSXR6

98 Petrol gone up about 40c/ Litre in Melbourne.

The Shell on the corner of Whitehorse and Springvale Rds, Nunawading was selling at the old price had a queue about 300m down Springvale Rd.

Yeh saw prices jump. Quickly filled at sleven $1.87 for 98. Then locked in the price for another week.

[mick taylor]

USA are saying fuel Was $1.89 US Gallon that Trump got it down to and now it's up to $7.00 a US Gallon.
So what's that in Australia a Litre ?

Looks like the price for oil is still going to go up.

[EBSXR6]

Originally Posted by mick taylor

USA are saying fuel Was $1.89 US Gallon that Trump got it down to and now it's up to $7.00 a US Gallon.
So what's that in Australia a Litre ?

Looks like the price for oil is still going to go up.

US Gallon is 3.78541 Litres.

Exchange rate of 1 USD is 1.45 AUD I think it is about $2.68 Australian per litre.

[Bossxr8]

Originally Posted by EBSXR6

US Gallon is 3.78541 Litres.

Exchange rate of 1 USD is 1.45 AUD I think it is about $2.68 Australian per litre.

You've stuffed that up somewhere.

[hackney]

Originally Posted by Bossxr8

You've stuffed that up somewhere.

Didn’t like to say!

[Franco Cozzo]

Seeing $2.16/L around Melton and up to the $2.20/L mark in surrounding suburbs all for 91.

Good time to have no licence, though if this crap keeps up when I get it back fuel will probably be $45.45+ GST per liter for 91

LPG still the MVP at the 0.96-$1/L mark.

[EBSXR6]

Originally Posted by Bossxr8

You've stuffed that up somewhere.

If you convert $7 USD to AUD it would cost you $10.13 AUD for a US Gallon of Petrol.

A US Gallon is 3.7854 Litres.

Divide 10.13 by 3.7854 equals $2.67 per litre.

Maybe my methodology is wrong.

[LG17]

All the major oil companies have reported massive profits over the last few days...

[Franco Cozzo]

Originally Posted by LG17

All the major oil companies have reported massive profits over the last few days...

How good was getting rid of part of the fuel excise - let's reduce our tax base significantly so they can just increase their prices and now make more profit because they know people will pay what it costs regardless.

Hopefully prices keep increasing so much people just can't afford to drive to work anymore and there's now a huge push for working from home that's currently being rolled back in an effort to repopulate the big offices in the CBD, or a transport strike with commercial vehicles that blocks all the major freeways.

Who remembers when Kazakhstan set their country on fire when fuel prices rose from .16/L to .32/L

https://www.bbc.com/news/world-asia-59896471

[T3rminator]

Originally Posted by Franco Cozzo

Hopefully prices keep increasing so much people just can't afford to drive to work anymore and there's now a huge push for working from home that's currently being rolled back in an effort to repopulate the big offices in the CBD, or a transport strike with commercial vehicles that blocks all the major freeways.

Yep, quite a few at work playing that card at the moment. But hey, public transport is still an option.

[Yellow_Festiva]

Diesel in SW Sydney from the independents around $1.90, go to the branded places up the road at near $2.09 pl.

When this temporary discount is returned fuel could be near $2.50 pl.

Throw in a few rate rises, inflation of 5%, food and rents going up 7% ish and there will be a lot of worried families right around Christmas time.

Then more pain predicted in 2023... Perfect storm of social destruction.

[Franco Cozzo]

Originally Posted by Yellow_Festiva

Diesel in SW Sydney from the independents around $1.90, go to the branded places up the road at near $2.09 pl.

When this temporary discount is returned fuel could be near $2.50 pl.

Throw in a few rate rises, inflation of 5%, food and rents going up 7% ish and there will be a lot of worried families right around Christmas time.

Then more pain predicted in 2023... Perfect storm of social destruction.

Hopefully that's enough of a kick in the *** to stop worrying about gender pronouns and more about actual problems people are going to face

[EBSXR6]

Originally Posted by mick taylor

USA are saying fuel Was $1.89 US Gallon that Trump got it down to and now it's up to $7.00 a US Gallon.
So what's that in Australia a Litre ?

If you convert $7 USD to AUD it would cost you $10.13 AUD for a US Gallon of Petrol.

A US Gallon is 3.7854 Litres.

Divide 10.13 by 3.7854 equals $2.68 Australian per litre.

A couple of replies say I have stuffed up.

Please tell me where?

[Franco Cozzo]

Imagine if we decided to actually investigate possible alternatives to reducing our dependence on foreign oil.

[Sprintey]

Originally Posted by Franco Cozzo

How good was getting rid of part of the fuel excise - let's reduce our tax base significantly so they can just increase their prices and now make more profit because they know people will pay what it costs regardless.

Hopefully prices keep increasing so much people just can't afford to drive to work anymore and there's now a huge push for working from home that's currently being rolled back in an effort to repopulate the big offices in the CBD, or a transport strike with commercial vehicles that blocks all the major freeways.

Who remembers when Kazakhstan set their country on fire when fuel prices rose from .16/L to .32/L

https://www.bbc.com/news/world-asia-59896471

Kazakhstan, Kazakhstan,
Greatest Country in the world
All of the other countries
Are run by little girls

Also, if you're talking blockades, those Dutch farmers are pretty inspirational.

[Sprintey]

Originally Posted by Franco Cozzo

Imagine if we decided to actually investigate possible alternatives to reducing our dependence on foreign oil.

We've mentioned these plenty of times on the forums before, no one is listening, it's like we're Waiting for Godot for the great moment of cheap electrification without considering CNG or more E85 or even coal to diesel (gasp!)

[Franco Cozzo]

Originally Posted by Sprintey

We've mentioned these plenty of times on the forums before, no one is listening, it's like we're Waiting for Godot for the great moment of cheap electrification without considering CNG or more E85 or even coal to diesel (gasp!)

Vote 1 Franco, AFF's man in Canberra

When I'm prime minister, my fleet car will be an L300 Mitsubishi Express* to protect Australian tax payers from myself.

*boosted and running on E85

[Sprintey]

It's getting pretty expensive for sure, but I reckon I'm driving so much less since corona - work is home based, short drive to beach, walk to shops or a short drive if slack. Life has slowed down and tbh I'm enjoying it. Instead of facilities managers yelling at me, I have Rosellas busting their lungs out in the red flowered gum tree next door.

[GASWAGON]

Its getting rediculous,

PetrolSpy showing E10 and 91 @$2.15 p/l around most of Melbourne.