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Paid 168.9c/l in Lithgow over the weekend (minus 3c/l). Things are pretty sad when we think of this as being cheap!!!:eek:
Heard the other day that crude will be topping $200US a barrell in the not too distant future:o, which can only mean one thing for our fuel prices...
IMO, our economy can't sustain these rises in fuel costs. Something has got to give, whether it be at a personal level or the wider economy, we could be in for a rough ride over the next few months/years!!!:(
I still fail to understand why a product that requires less capital, effort etc in its manufacture can be more expensive than one which requires more effort, infrastructure or whatever (petrol). Diesel was always cheaper than petrol and you can't tell me the economies of scale aren't better for it (diesel) than they used to be...:mad:
Mike
Doesn't sound very environmentally friendly but it makes burning cheap and plentiful coal to recharge an electric car seem that much better. I used to think the big plus for going hybrid or electric was the green house savings. Now IMO it will become an economic reason and we may see car manufacturers putting a lot more R&D into them.
I cant go out 4wding as much nearly as much anymore as I cant justify the expense. $200.00 of fuel for a weekend is a lot of money for someone at uni :(.
The rot started to set in on diesel when the farmers and transport industry got a rebate on the cost of diesel. Prior to that diesel had always been cheaper than the more refined gazoline/petrol. Now people are trying to justify the higher cost of diesel on the higher energy content which people say is evident in the better fuel economy returned by diesel vehicles.
I suspect that we might have a chemist that works for the petroleum industry amongst us. How much crude does it take to make a a litre of diesel vs ULP?
It was $1.694 at Woolies here the other day, that is before the 4c discount. At Katherine which has the fuel trucked there from Darwin, 300 kms away it is generally 5 cents cheaper. Reason?? there is still an independant seller there.
unfortunately it aint that simple as every crude from every well is different in it's make up, however if you takea generic oil, not something out of the ordinary like Brent, then we are talkin a lot more diesel per barrel than petrol...Quote:
Originally Posted by slug_burner
however it still isn't that simple, as other products in essence compete against diesel to get made...or for the oil to be re-refined into smaller carbon chains for higher value products (expensive to do though)...
does this affect the Aussie diesel price though? nope, sorry its all bollocks as a fair wack of the Aussie diesel is imported from here in Singapore... where the pump price of diesel is about 65% of the 95 RON petrol price
I understand that our prices are based on the Singapore price.Quote:
Originally Posted by EchiDna
So it's all YOUR fault!
If you work out the cost per $ for Km's traveled it's still alot cheaper than unleaded in the Economy Stakes.If you enjoy owning a Land Rover.
2 year ago I did a trip to the Cape from Victoria. Average cost of D for the trip was just under 1.50. At that time the price in Wodonga was 1.46....today it is around 1.66. thats 20c in 2 years...I actually thought it had gone up more than that but thats what my log says....thats about 10% so not that bad really for 2 years.
here in adelaide its gone up more than that sadly :( now its around the 1.68-1.71 mark, and it had been around the wednesday ulp price before that.