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26-06-2022, 12:11 PM | #1771 | |||
FF.Com.Au Hardcore
Join Date: Sep 2005
Location: Ivory Tower
Posts: 5,414
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Quote:
In the absence of the oil industry spending billions on exploration and drilling they're buying back shares and reporting billions in profit. And why not. Why invest in your industry when governments tell you they no longer want you around.
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2021 BMW M550i in Black Sapphire Metallic.
11.52 @ 120mph stock |
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26-06-2022, 12:33 PM | #1772 | |||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
Posts: 11,239
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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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26-06-2022, 03:22 PM | #1773 | |||
FF.Com.Au Hardcore
Join Date: Jan 2010
Posts: 11,325
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Quote:
As I said before there is no oil shortage, just a shortage of refining capacity, the leases that Biden took back were a tiny fraction of the total available and they were ones that oil companies had no near future intention of even using. All I’m saying is that all inflation and jacked up prices for fuel is mostly manufactured and a con of huge proportions. Follow the money and see who is making out like bandits, oil companies and multinationals all of them restricting supply just enough to drive up prices.. sure, Oil companies invest billions in searching for new oil but they also expect big handouts from the US government as well. So all of this is at a crucial stage where governments have no alternatives beyond battery electric vehicles, what’s their policy on moving away from coal to get to that true clean energy? Answer is that still a massive work in progress but I’m sure the greens have plenty of invented money to spend… Last edited by jpd80; 26-06-2022 at 03:31 PM. |
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26-06-2022, 03:36 PM | #1774 | |||
FF.Com.Au Hardcore
Join Date: Jan 2010
Posts: 11,325
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Quote:
help them extend the life of their oil, gas and coal resources, profits from gas are through the roof. Powerful money always finds a way of being involved in the global economy, big oil is not going away. |
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26-06-2022, 03:50 PM | #1775 | |||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
Posts: 11,239
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Quote:
We then lost the last Aussie made solar panel but I do have 18 of them on my roof.
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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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26-06-2022, 03:53 PM | #1776 | |||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,394
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Quote:
https://www.tindosolar.com.au/ **** business name though, not sure how the indigenous community feels with white boy appropriating their culture |
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26-06-2022, 04:01 PM | #1777 | ||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
Posts: 11,239
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Great to know there's still one....... but........ I should have said amorphous solar panels I note they are making mono's.
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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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26-06-2022, 04:01 PM | #1778 | ||
Guest
Posts: n/a
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We did 660km's today to Coffs Harbour and back to look at a potential buy.
Cost me $120 in Diesel... plus lunch Ahh well.... |
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28-06-2022, 01:29 PM | #1779 | ||||
Peter Car
Join Date: Dec 2004
Location: geelong
Posts: 23,145
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Quote:
This pretty much sums it up. Doing all they can to stifle US oil production, while Biden goes begging to the Saudi's to boost production to lower oil prices. Quote:
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28-06-2022, 01:37 PM | #1780 | |||
Former BTIKD
Join Date: Mar 2005
Location: Sunny Downtown Wagga Wagga. NSW.
Posts: 53,197
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Quote:
https://www.snopes.com/news/2022/06/...th-gas-prices/ https://www.snopes.com/ap/2022/06/15...fewer-profits/
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Dying at your job is natures way of saying that you're in the wrong line of work.
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28-06-2022, 02:24 PM | #1781 | |||
Peter Car
Join Date: Dec 2004
Location: geelong
Posts: 23,145
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Quote:
Might as well post articles from the Russian Propaganda Ministry, they would be about as accurate. |
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29-06-2022, 12:01 PM | #1782 | |||
FF.Com.Au Hardcore
Join Date: Sep 2014
Location: Catland
Posts: 3,746
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Quote:
Tinder Solar
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I6 + AWD |
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29-06-2022, 12:14 PM | #1783 | ||
FF.Com.Au Hardcore
Join Date: Sep 2014
Location: Catland
Posts: 3,746
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Young one reckons he saw $2.32 locally for unleaded yesterday
That's pretty nuts. Almost time to ring the insurance company and add the remaining jerry in the garage to the home and contents as an individual item Pretty soon prices like that are going to start breaking things Gas: just got the bill. I have a young one studying interstate, so the gas bill is now down to 2/3s of consumption... nice! But the bill is higher... the gas cost itself up 16% on the January bill period, the service charge up 14% (how? did the intert line already placed suddenly get more expensive? Meters depreciated slower?) Again, there will be a point things begin to break Govco says, 'yeah, it'll be right, you'll have green energy by <insert some time in the far future>, the pioneers went cold, too.' Shouted a jerry to the Land Rover and went and did some excellently tough, muddy local tracks - post covid car fun! No urban hooning at all. There's nothing like the sound of a V8 crackling at limits in a quiet valley lol At current prices that's $46 well spent
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I6 + AWD |
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29-06-2022, 04:18 PM | #1784 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 5,270
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New record for 91 just set today.
$2.39 at Ringwood North 7/11. This is not good! |
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29-06-2022, 05:09 PM | #1785 | ||
FF.Com.Au Hardcore
Join Date: Jul 2005
Location: Melbourne
Posts: 6,917
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Yikes...can see 98 @ $2.60 there!! Thanks for the heads up. Time to lock in current $2.2x on Mobil 98!
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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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29-06-2022, 05:17 PM | #1786 | ||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,394
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Bring it on - $3/L for 98 by end of year
Lets see how high she can go, lets make this **** like Sydney house prices. |
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29-06-2022, 05:18 PM | #1787 | ||
FF.Com.Au Hardcore
Join Date: Sep 2014
Location: A.C.T
Posts: 1,605
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That ‘cheap’?
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2022 Honda HRV e:HEV in Premium crystal red. |
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29-06-2022, 07:58 PM | #1788 | ||
FF.Com.Au Hardcore
Join Date: Jan 2005
Posts: 1,616
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29-06-2022, 08:11 PM | #1789 | ||
FF.Com.Au Hardcore
Join Date: Sep 2014
Location: Catland
Posts: 3,746
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Mad Max preconditions intensify
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I6 + AWD |
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29-06-2022, 08:14 PM | #1790 | |||
FF.Com.Au Hardcore
Join Date: Jan 2005
Posts: 3,252
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Quote:
So diesel makes no sense what so ever for most light vehicle applications. Although I just picked up a Peugeot 406 hdi for $1500. Disconnecting the speedo on the weekend for the cheapest motoring this side of an EV. |
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29-06-2022, 09:18 PM | #1791 | |||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,394
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Quote:
Bring on $5/L for 91, 20% interest rates, stock market and crypto crash and while we're at it, World War III. Then once World War III is over, whoever is left we'll ****en sort out them too! |
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29-06-2022, 09:45 PM | #1792 | ||
Render unto Caesar
Join Date: Feb 2008
Location: ::1
Posts: 4,224
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Prices will never go below $2 a litre for 91. GovCo is drunk on the taxes.
Us Victorians have also had an increase in the EV/Hybrid tax too. I feel so sorry for the anyone with a PHEV - potentially having to pay all these taxes - LCT, GST, Stamp Duty, fuel excise and km charge. The car is almost the cheapest part. Better dust off those guillotines.
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"Aliens might be surprised to learn that in a cosmos with limitless starlight, humans kill for energy sources buried in sand." - Neil deGrasse Tyson |
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29-06-2022, 10:06 PM | #1793 | ||
Living the Dream
Join Date: Oct 2005
Location: Traralgon, Victoria
Posts: 449
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30-06-2022, 10:40 AM | #1794 | ||
Donating Member
Join Date: Jan 2005
Posts: 5,340
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The real fun starts in September once the Excise is put back to 44 cents. This is just warming people up for the big show. I've not filled the GTF this year ($1.84 when I last filled it) and it was under $2.04 for 98 when I filled up the Mustang last. Not looking forward to filling them any time soon.
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My Ford Family... 2014 GT-F, Manual, Kinetic with Black Stripes 2021 Mustang Mach 1, Manual, Velocity Blue |
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30-06-2022, 10:51 AM | #1795 | |||
FF.Com.Au Hardcore
Join Date: Sep 2005
Location: Ivory Tower
Posts: 5,414
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Quote:
Anyone who thinks the property bubble won't burst is deluding themselves, plenty of folk who FOMO'd into to market since mid 2020 with 90% + LVR's are going to find themselves in difficult financial situation. Increasing repayments and falling property values. CBA just lifted their fixed year 2-5yr rate by 1.4%. Cash rate will be at least 3% by years end. WOW.
__________________
2021 BMW M550i in Black Sapphire Metallic.
11.52 @ 120mph stock |
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30-06-2022, 11:38 AM | #1796 | |||
Peter Car
Join Date: Dec 2004
Location: geelong
Posts: 23,145
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Quote:
I don't think there is going to be anything that can stop the inevitable at this point. It's going to happen. |
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30-06-2022, 12:57 PM | #1797 | ||
FF.Com.Au Hardcore
Join Date: Sep 2014
Location: Catland
Posts: 3,746
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You could almost say...
It's the recession... We had to have! (insert CSI theme music as I lift my shades)
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I6 + AWD |
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30-06-2022, 01:00 PM | #1798 | |||
FF.Com.Au Hardcore
Join Date: Sep 2014
Location: Catland
Posts: 3,746
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Quote:
Only hope is that now rate rises have started 'correcting' things, by September they 'correct' the oil market enough to begin lowering fuel price. Commodities vs central banks, round 1, fight!!!
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I6 + AWD |
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30-06-2022, 03:17 PM | #1799 | ||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,394
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*Laughs in no licence*
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30-06-2022, 04:57 PM | #1800 | ||||
FF.Com.Au Hardcore
Join Date: Jan 2010
Posts: 11,325
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Quote:
If you want to see who’s really controlling things, follow the money, profits from big oil, multinationals and just about every business has made good profits coming out of covid lockdowns. The people really hurting are the working class with higher mortgages and crashing super funds and no pay increases because well, that would be inflationary…….see the irony? Quote:
Zero beyond what those Republican Senators will allow to pass, so far it’s one infrastructure bill that they supported, the other +$4 Trillion of desired programs died because they would never be supported by the Republicans. Unlike our Westminster system, a vote in the US senate has to pass by at least 10 votes……..The Dems and Biden never stood a chance with a 50 Dem & 50 Rep house split. Nothing they do under Biden’s presidency will matter because from here to eternity nothing will never pass the senate without huge Republican support and that’s never going to happen, ever. Last edited by jpd80; 30-06-2022 at 05:10 PM. |
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