Thread: Petrol price in Sandland

I don't suppose the locals are earning an average wage like ours though.

It's very similar prices back home , although the gov has now rationed off the fuel because a lot of people driving their own cars as Taxis after hours to supplement their income due to crap wages and high cost of living. so now you get x-amount of litres per week at rediculously low prices. and then if you run out ......

Originally Posted by Brian Hjelm

A friend has gone to Saudi Arabia on a two year contract as a nurse educator. He has e-mailed me to tell me the price of petrol. Premium is A$4.05 for 20 litres and Regular is A$3.04 for 20 litres.

He says the locals are terrifying drivers. Drive very fast and do things like ignoring the flashing red lights at the nearby level crossing unless the train is virtually on top of them. Insh'allah.

T'was wondering whether, if I sent him the money, could he buy me some and ship it to me.......

Originally Posted by RobHay

T'was wondering whether, if I sent him the money, could he buy me some and ship it to me.......

By air-mail on Ethiad or Gulf Air I suppose?

My in laws just got back for a tour of Iran - I'm sure they said diesel something like 2c a litre and petrol 4c a litre.
However there's long queues coz they don't have the refining capacity.

Originally Posted by waynep

My in laws just got back for a tour of Iran - I'm sure they said diesel something like 2c a litre and petrol 4c a litre.
However there's long queues coz they don't have the refining capacity.

Historically Iran has never been able to achieve self-sufficiency with gasoline, they started importing 438,000 litres of gasoline a dayback in 1982, and imports showed steady growth until 1993,but a sluggish rise in 1997-1998 period following operation of Bandar Abbas refinery. Iran’s oil consumption totaled 1.6 million bbl/d in 2006. The Iranian
government heavily subsidizes the price of refined oil products which has contributed to increased domestic demand.

Iran has always had limited refinery capacity to produce light fuels, and imported much of its gasoline supply,domestic oil demand is mainly for gasoline and automotive gas oils,but domestic demand for other oil products are declining due to thesubstitution of natural gas. However, it is an overall net petroleum products exporter due to large exports of residual fuel oil.
Oil export revenues represent the majority of Iran’s total exports earnings, but the country suffers from budget deficits
due to a growing population and large government subsidies on gasoline and food products.

You guys do understand that the price of oil has a tax component inserted by OPEC on exports by reducing production compared with demand. The recent high demand has meant that they have been more successful than usual. Domestically most subsidise fuel as a public benefit. AFAIK this is true of Saudi, Bahrain, Kuwait, UAE, and Qatar.

Why are you surprised that fuel is cheap in Saudi Arabia? Water is also under production cost.
Diesel cars are banned there too, and I think in UAE.
There is also this chime that goes off when you touch 130Kmh and drives you nuts.
You also have to stop work 5 times a day for prayers.

Its only Western Governments who make fuel expensive as a policy decision, in Europe's case to save foreign exchange, and Australia as a cash cow because when it was cheap nobody cared about the 48cents tax, and the Feds are so stupid they do not have any other ideas.

Its only now when NSW is desperate that they have increased the coal royalty when foreign firms have been creaming it for years.
Regards Philip A

I would have thought that OPEC would have a say in the local price of fuel in oil producing countries ? If we had enough oil production i'm we wouldnt be able to buy it for anywhere near the price they can ?