Petrol Price crisis......

[GASWAGON]

News is saying that all the talk of possible U.S recession due to Fed rate increases and inflation like we have here is actually worrying the oil co's so theyre now dropping barrel prices.

Excellent news!

[smoo]

Originally Posted by kypez

There is an interview with the CEO of Ford, Jim Farley, who points out the Mach E is what allows Ford to continue to make V8 Mustangs. The Fleet efficiency standards were why Ford went with the Mustang moniker for the Mach E giving the V8 another 10 years at least.

EVs are helping the ICE keep going as well.

34 minute mark of the video

https://www.youtube.com/watch?fbclid...ature=youtu.be

Saying EVs are helping ICE keep going is like commending the Govt for allowing people to cross state or regional lines after being confined to their house for six months.

[kypez]

Originally Posted by smoo

Saying EVs are helping ICE keep going is like commending the Govt for allowing people to cross state or regional lines after being confined to their house for six months.

Shows the problem with certain policies. Hey, I still love my V8s so I don't mind.

Sent from my Pixel 5 using Tapatalk

[Bossxr8]

Originally Posted by GASWAGON

News is saying that all the talk of possible U.S recession due to Fed rate increases and inflation like we have here is actually worrying the oil co's so theyre now dropping barrel prices.

Excellent news!

Or is the demand dropping as some people can no longer afford to make unnecessary car trips?

Let's hope it keeps dropping and returns to sane levels.

[GASWAGON]

I don't understand why Melbourne is at least 20c more than Sydney?

It should be the other way round!

[T3rminator]

Originally Posted by GASWAGON

I don't understand why Melbourne is at least 20c more than Sydney?

It should be the other way round!

Have you seen the roads? We are happy to pay for it Have not noticed any significant drop is traffic as yet.

Delete this is a petrol thread...

[MITCHAY]

I had a win when I got 98 for $2.29 after 4c voucher. Nearing $2.50 everywhere.

Yet still over $100 for my lil WRX for about 3/4 tank and not use to putting a PIN in for petrol. Just tap it and they say sir you have to put your PIN in

Never was so expensive before and come September unless things change a lot, add on an extra 22c as gov have already ruled out an extension.

And to be fair you can't hate them for that, but they will still cop the heat for sure.

[Franco Cozzo]

Oh look, the king of global virtue signallers over in Europe have now declared natural gas and nuclear as 'green' energy.

EU Lawmakers Remove Last Hurdle to Label Gas, Nuclear as Green

European Union lawmakers voted to allow natural gas and nuclear energy to be labeled as green investments, removing the last major barrier to potentially billions of euros of funding from environmental investors.

https://www.bloomberg.com/news/artic...clear-as-green

Amazing what happens when you suddenly realise you heavily rely on fossil fuels and all your legislation is trying to kill it off within 10 years so lets just change the definition of them and presto!

Are we still sure they're going to ban unleaded and diesel by 2030 or are they suddenly going to also become 'green' as well?

You couldn't even make this **** up if you tried

[Ben73]

Nuclear isn’t too bad. Yes there’s still waste but it’s a pretty small amount based on the amount of power produced. Just a shame it’s hard to deal with radioactive waste.

[1970XW351]

Originally Posted by Ben73

Nuclear isn’t too bad. Yes there’s still waste but it’s a pretty small amount based on the amount of power produced. Just a shame it’s hard to deal with radioactive waste.

I dunno, with all of these rockets going into space these days...
Space, the oceans of tomorrow.

[Polyal]

Well...$2.50 for 98 this morning, lucky its only a 55L tank. Ouch.

[GASWAGON]

Melbourne prices slightly down from last couple of weeks.

[Franco Cozzo]

Originally Posted by Ben73

Nuclear isn’t too bad. Yes there’s still waste but it’s a pretty small amount based on the amount of power produced. Just a shame it’s hard to deal with radioactive waste.

Given natural gas is now a green energy solution, Australia is the largest exporter of this green fuel, what a turn around!

Maybe one day the EU will catch up to a great leader in green energy exports like us here in Australia.

[FoxtrotGolfXray 5.0]

Originally Posted by Franco Cozzo

Given natural gas is now a green energy solution, Australia is the largest exporter of this green fuel, what a turn around!

Maybe one day the EU will catch up to a great leader in green energy exports like us here in Australia.

And my ute is now a green vehicle. Pity the didn't continue the use of the greentop motors in the ecolpi range, otherwise it would have bene perfectly colour-coded

Wonder if that means I'll get rego, insurance and toll discounts now?

Originally Posted by Polyal

Well...$2.50 for 98 this morning, lucky its only a 55L tank. Ouch.

$1.90 for 91 on the Gold Coast today, go figure ?

Diesel is still $2.40 !!!!!

[Franco Cozzo]

Originally Posted by TrVrPhiLpsiNdstrys

Diesel is still $2.40 !!!!!

Thats the important one too - effects the price of everything

Its ****ing ridiculous...

[GASWAGON]

Biden is apparently going to visit the Saudi's next few days to 'beg' for more oil.

[Franco Cozzo]

Originally Posted by GASWAGON

Biden is apparently going to visit the Saudi's next few days to 'beg' for more oil.

[GASWAGON]

Originally Posted by Franco Cozzo

Given natural gas is now a green energy solution, Australia is the largest exporter of this green fuel, what a turn around!

Maybe one day the EU will catch up to a great leader in green energy exports like us here in Australia.

Finally!

If Government actually use their brains for once they might actually be able to export the mountains of LNG we have available and actually make a profit.

[GASWAGON]

Both Brent and WTI back under $100 per barrel overnight.

[burnz]

Originally Posted by GASWAGON

Biden is apparently going to visit the Saudi's next few days to 'beg' for more oil.

i don't know why... they were 100% self sufficient before he shut it down.
and now they get their oil from russia, what has saudi's got to do with it.

[T3rminator]

Why use your own supply when you can use up someone else's first?

[Franco Cozzo]

Originally Posted by T3rminator

Why use your own supply when you can use up someone else's first?

Hopefully your own one doesn't cost $2.50/L

Why does NZ and UK have such ridiculously expensive fuel? The UK has its own oil and gas industry.

[PooDog]

Originally Posted by Franco Cozzo

Hopefully your own one doesn't cost $2.50/L

Why does NZ and UK have such ridiculously expensive fuel? The UK has its own oil and gas industry.

Because everything is ridiculously expensive in NZ ....we have huge amounts of tax added to fuel that's supposed to fund roading but its mainly siphoned off to do other sh#t our dairy products and timber are dearer than yours yet they're all we really export , our mortgage rates are higher and our wages are less

We're living the dream over here

[Franco Cozzo]

Originally Posted by PooDog

Because everything is ridiculously expensive in NZ ....we have huge amounts of tax added to fuel that's supposed to fund roading but its mainly siphoned off to do other sh#t our dairy products and timber are dearer than yours yet they're all we really export , our mortgage rates are higher and our wages are less

We're living the dream over here

No wonder half of NZ is over here in Australia, when you coming over?

I remember when I was over there in 2011 and 91 was around $2/L NZD and I was amazed at how much of a rip off fuel was.

Mind you I got a 300g porterhouse and a beer from a pub in Christchurch for like $25 NZD at the time so I thought that was super cheap

[PooDog]

Originally Posted by Franco Cozzo

No wonder half of NZ is over here in Australia, when you coming over?

I remember when I was over there in 2011 and 91 was around $2/L NZD and I was amazed at how much of a rip off fuel was.

Mind you I got a 300g porterhouse and a beer from a pub in Christchurch for like $25 NZD at the time so I thought that was super cheap

Na I'm too old ....60 next year, I'm still wearing shorts and a t-shirt to work I can't handle the heat and I've got my little piece of paradise a few acres secluded on the kaimai ranges looking out to Mayor Island......but brace your self for the onslaught

[T3rminator]

Doh...how did I miss this! $1.34 a litre out in the eastern suburbs!!!

They honored the price for all the cars that filled up during the period, but won't be honoring it for those who locked in the price for later use

https://www.3aw.com.au/cheap-fuel-se...etrol-station/