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Old 23-05-2007, 11:02 PM   #1
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Thumbs down It is clear that the oil companies are screwing us!!!

The Australian public have suspected this for many years. However as of today there is no more doubt in my mind. This evening 91 RON ULP is selling for approximately $1.40 per litre. The last time I saw fuel priced this high was last year when crude oil was $US77 per barrel (to the nearest dollar). How can they justify the current price for petrol when crude oil is currently trading for approximately $US66 per barrel?

Crude oil prices
National Retail Petrol Prices

In addition to this the $US/$AUD exchange rate is now almost 10c higher then when crude oil was at $US77 per barrel in July 2006. This means all imported items should be cheaper!

Exchange rates

The figures do not lie. WTF is the ACCC doing about this injustice??? It is time we started to demonstrate our dissatisfaction to the ACCC and the government! :evil3:

Current cost of petrol in your region

FF

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Old 23-05-2007, 11:20 PM   #2
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i have to say,
this is very annoying..... price should be lower. thats just BS!
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Old 23-05-2007, 11:23 PM   #3
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can someone pass the bum numb as i have to fill up tommorrow!!!!!!!!!!!!!!!!!!!
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Old 23-05-2007, 11:29 PM   #4
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Its ridiculous, last night fuel was at 1.27 for regular unleaded, you could hardly get in to any servos for the lineup, and the one I did get into ONLY HAD TWO PUMPS RUNNING!!!

Was driving me insane, I was EXTREMELY low on fuel and needed it, I was worried about running out while waiting in the lineup.

Oil companies just seem to be absolutely greedy, raising the price for any excuse they can.

What gets me is servos up the price, with THE SAME FUEL in the tanks that was there when it was cheap. So say they buy it for 80c a litre, one day sell it for 1.30, the next day they're making 10c per litre more off the same fuel. It would be alright if they changed their prices with their deliveries.
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Old 23-05-2007, 11:31 PM   #5
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it is disgusting and frustrating that they have us all rushing to the petrol station on tuesday nights to save a couple of bucks.

we really are getting screwed. they say the price rise was due to a decrease in production, what a load of crap.

now they're saying that the only way that petrol can be cheaper is if the government reduces their tax share on it, and this would obviously affect our entire economy... oil companies really have the world by the balls and it is sickening.
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Old 23-05-2007, 11:44 PM   #6
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Exclamation It is clear that the oil companies are screwing us!!!

Perhaps instead of complaining about it on the Forums we should all right a letter to our local members to convince them to give the ACCC the power they need to regulate fuel prices. I have sent a letter to the President of the ACCC to express my disgust at the pathetic excuses the oil companies give for uping the petrol.

This time the oil companies claim that the price has increased because a percentage of the refineries in the US have closed production for maintenance and that the demand in the US over the summertime (in the US) has increased so consequently prices have risen. Well this morning and tonight the price of light sweet crude is the same as it was last week ?????
Really makes one wonder. The oil companies must think the Australian Public is as thick as two bricks.
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Old 23-05-2007, 11:46 PM   #7
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Quote:
Originally Posted by Falcon Freak
The Australian public have suspected this for many years. However as of today there is no more doubt in my mind. This evening 91 RON ULP is selling for approximately $1.40 per litre. The last time I saw fuel priced this high was last year when crude oil was $US77 per barrel (to the nearest dollar). How can they justify the current price for petrol when crude oil is currently trading for approximately $US66 per barrel?

Crude oil prices
National Retail Petrol Prices

In addition to this the $US/$AUD exchange rate is now almost 10c higher then when crude oil was at $US77 per barrel in July 2006. This means all imported items should be cheaper!

Exchange rates

The figures do not lie. WTF is the ACCC doing about this injustice??? It is time we started to demonstrate our dissatisfaction to the ACCC and the government! :evil3:

Current cost of petrol in your region

FF

The oil companies have got the ACCC by the short and curlies, that's for sure.
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Old 23-05-2007, 11:53 PM   #8
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Quote:
Originally Posted by Pedro
The oil companies have got the ACCC by the short and curlies, that's for sure.

i will second that !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Old 24-05-2007, 12:06 AM   #9
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and not even the fact that the Aussie dollar is trading at 11 year highs against the US dollar is helping the situation.

all of the current strength in our currency rates is going as profits down the oil companies pockets.

this is daylight robbery and our government is treating us like imbeciles by not doing anything about it. get the ACCC to do what they're bloody well supposed to do!!!
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Old 24-05-2007, 09:59 AM   #10
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Quote:
Originally Posted by Unco
and not even the fact that the Aussie dollar is trading at 11 year highs against the US dollar is helping the situation.

all of the current strength in our currency rates is going as profits down the oil companies pockets.

this is daylight robbery and our government is treating us like imbeciles by not doing anything about it. get the ACCC to do what they're bloody well supposed to do!!!

In my business, i purchase imported goods at US dollars. With the strength of the Australian dollar against the greenback i am purhcasing items at 8-10% cheaper.

Oil is quantified in US dollars, and the current barrel price is cheaper than when the Aus$ was at 72 US censt, so there is no excuse to drop the price of petrol by atleast 11%. Unfortunatly there is NO "real" price of petrol ie it can be falsified by 10-15 cents per litre depending on the weekly bullshyte cycle.
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Old 24-05-2007, 12:08 AM   #11
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Old 24-05-2007, 12:20 AM   #12
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maybe we should all stay home for a month and see if we can bring the country to a standstill they dont sell fuel the goverment dont get there cut and all of a sudden no profit margin but dont forget we gotta stock up on groceries oh bugger they will get us there can't win can we with the price of groceries and vegies seem's like every day the little guy's get scewed and the rich get gold plated pockets
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Old 24-05-2007, 09:48 AM   #13
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Quote:
Originally Posted by bob 351
maybe we should all stay home for a month and see if we can bring the country to a standstill they dont sell fuel the goverment dont get there cut and all of a sudden no profit margin but dont forget we gotta stock up on groceries oh bugger they will get us there can't win can we with the price of groceries and vegies seem's like every day the little guy's get scewed and the rich get gold plated pockets
no joke here bob,
but if everybody in australia, stopped buying fuel just for one day, it would send all the big buggers belly up.

we studied it last year, the same goes for all the retail chains. you know why? because they all survive on constant flow.

maybe we should do a "DONT BUY FUEL DAY!" or something?

o yeah by the way, all the small franchises can survive, because they are nowhere near as reliant on constant flow.
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Old 24-05-2007, 10:13 PM   #14
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Quote:
Originally Posted by bob 351
maybe we should all stay home for a month and see if we can bring the country to a standstill they dont sell fuel the goverment dont get there cut and all of a sudden no profit margin but dont forget we gotta stock up on groceries oh bugger they will get us there can't win can we with the price of groceries and vegies seem's like every day the little guy's get scewed and the rich get gold plated pockets
Yep, and thats completely realistic... :
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Old 24-05-2007, 11:49 PM   #15
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Quote:
Originally Posted by chich
Yep, and thats completely realistic... :
and what you think that wont ever happen get real dude there has got to be a point where the camels back get's broken don't you think. They cant keep putting the price up as there will be a point where the general public wont be able to afford to drive there car's or truck's what then public transport yea right they can't even get that right so what's the answer
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Old 26-05-2007, 12:09 AM   #16
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Quote:
Originally Posted by bob 351
and what you think that wont ever happen get real dude there has got to be a point where the camels back get's broken don't you think. They cant keep putting the price up as there will be a point where the general public wont be able to afford to drive there car's or truck's what then public transport yea right they can't even get that right so what's the answer
Mate, if petrol here was $2 or $2.50 per litre like it is in Europe you'll still be paying and saying 'thank you Mr oil company'. The cost of living never has, & never will stop increasing - petrol is one of those costs. Funny how no-one complains when a slab of beer or a packet of smokes increases by a dollar or two but when there's an inconsitency on the price of petrol, people spit the dummy and make absurd suggestions such as staying home for a month in protest :togo:
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Old 24-05-2007, 12:17 AM   #17
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a large amount of our fue is produced from our own crude pumped from our waters
and untill the aust gov decided to link our prices to world prices they were limited to what they could do but the good old polies in ther infinet wisdom screwed us ova again for more taxes
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Old 24-05-2007, 12:25 AM   #18
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Bob want some anal ease and join us .I cant believe that 1 week ago $ 1 27 was the high end of the scale and know its low end ????????????
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Old 24-05-2007, 12:36 AM   #19
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i went out for a drive with my old man the other day and when he droped me back the fuel price was $1.16 just around the corner from me , and i commented to him how they were always cheeper , whent to fuel up the next morn to go to work and they'd jumed up to just under $142 to be one of the more expensive
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rebuilding the zh fairlane with a clevo 400m 4v heads injected whipple blown with aode 4 speed trans to a 9" ....... we'll get there eventually

just remember don't be afraid to try something new.
Remember, amateurs built the Ark...Professionals built the Titanic!

I have taken up meditation... at least it's better than sitting around doing nothing !!
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Old 24-05-2007, 12:53 AM   #20
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Quote:
Originally Posted by Falcon Freak
The Australian public have suspected this for many years. However as of today there is no more doubt in my mind. This evening 91 RON ULP is selling for approximately $1.40 per litre. The last time I saw fuel priced this high was last year when crude oil was $US77 per barrel (to the nearest dollar). How can they justify the current price for petrol when crude oil is currently trading for approximately $US66 per barrel?

Crude oil prices
National Retail Petrol Prices

In addition to this the $US/$AUD exchange rate is now almost 10c higher then when crude oil was at $US77 per barrel in July 2006. This means all imported items should be cheaper!

Exchange rates

The figures do not lie. WTF is the ACCC doing about this injustice??? It is time we started to demonstrate our dissatisfaction to the ACCC and the government! :evil3:

Current cost of petrol in your region

FF

Because they heard a rumour someone was planning an attack on an oil field so prices had to go up 10 or 20 cents per litre.. : : : :evil3: :evil3:
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Old 24-05-2007, 09:45 AM   #22
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Done, done and done. Now for the rest of you guys, write the fat bastard that is meant to represent you in Parliament and give him (or her) hell in an articulate manner befitting a member of this illustrious forum.

It does suck major $%$# that they have free reign over what to charge for fuel.
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Old 24-05-2007, 07:34 AM   #23
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As much as I dont like it what can anyone do about it???

They are a private business selling a product that we all go out and buy. They can charge whatever the hell they like - it is a free country/market.

Maybe we need a "peoples" servo like the Bendigo Bank...
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Old 24-05-2007, 07:03 PM   #24
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Quote:
Originally Posted by merlin
As much as I dont like it what can anyone do about it???
Complain. It really can help.
Fill up and keep your tank full when the price is low and only add fuel if it is necessary when it is high.
Push for E10 available at all Servos to reduce our dependance on overseas fuel.

I htink they are gettign the hint. What I've noticed around here is that it goes up around Thursday but then drops a little over the weekend. Previously it would stay up of go higher over the weekend.
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Old 24-05-2007, 07:18 PM   #25
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Quote:
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Push for E10 available at all Servos to reduce our dependance on overseas fuel.
i believe that in europe they are looking in to e80

and would be interested in knowing whats stoping me from running ethenole straight , daily :
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yes still (as money n time permit) doing the

rebuilding the zh fairlane with a clevo 400m 4v heads injected whipple blown with aode 4 speed trans to a 9" ....... we'll get there eventually

just remember don't be afraid to try something new.
Remember, amateurs built the Ark...Professionals built the Titanic!

I have taken up meditation... at least it's better than sitting around doing nothing !!
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Old 24-05-2007, 07:29 PM   #26
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Quote:
Originally Posted by wodahs
i believe that in europe they are looking in to e80

and would be interested in knowing whats stoping me from running ethenole straight , daily :

In Germany there are Focus's running E85, in one town only and you can only buy the fuel from one servo (may have increased as I read this a year ago). BUt the E85 motors will run regular petrol.
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Old 24-05-2007, 08:04 AM   #27
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Fuel has gone up because we are linked to Singapore prices... oh wait, they haven't gone up.
Ok, now we are linked to Crude oil prices.. oh crap, they are still at $66 a barrel.
Ok, now its refinery production.. bugger, its plenty
Ok, now its because of the US usage.. damn.. its summer over there, no heating costs to add onto the margin.

Ok, Ok, got it. The cost of fuel has gone up this time because the Peruvian government has claimed that the national forests in Chile are being polluted by excessive.. ummm.. chickens.. yeah, chickens. And that has caused a drop in production because the oil workers in Russia are all now working in Chile catching chickens for a bounty. Yeah, thats it!

Hey, thats as plausible as all the other excuses we've given the ACCC and they believed all the other ones.
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Old 24-05-2007, 09:20 AM   #28
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Quote:
Originally Posted by Casper
Fuel has gone up because we are linked to Singapore prices... oh wait, they haven't gone up.
Ok, now we are linked to Crude oil prices.. oh crap, they are still at $66 a barrel.
Ok, now its refinery production.. bugger, its plenty
Ok, now its because of the US usage.. damn.. its summer over there, no heating costs to add onto the margin.

Ok, Ok, got it. The cost of fuel has gone up this time because the Peruvian government has claimed that the national forests in Chile are being polluted by excessive.. ummm.. chickens.. yeah, chickens. And that has caused a drop in production because the oil workers in Russia are all now working in Chile catching chickens for a bounty. Yeah, thats it!

Hey, thats as plausible as all the other excuses we've given the ACCC and they believed all the other ones.
HAHAHAHA!!! Thats gold casper!!!!!!

But seriously Im getting cheesed off by this blatant pocket lining, the oil companies have realised that fuel has become as necessary as water for most of us and they are ripping us for all that they can. Come on ACCC, get onto them already!

Last edited by flukey77; 24-05-2007 at 09:29 AM.
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Old 24-05-2007, 09:28 AM   #29
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LOL at Casper... Love it!!!

Yep saw 1.40 this morning in Bayswater :(

Ahh well soon we will need to begin hijacking Fuel trucks.... a new product on the black market... Petrol!
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Old 25-05-2007, 09:25 AM   #30
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LOL at Casper... Love it!!!

Yep saw 1.40 this morning in Bayswater :(

Ahh well soon we will need to begin hijacking Fuel trucks.... a new product on the black market... Petrol!
Don't laugh about that, it's going on a lot more than you think. I know a couple of people that are buying it. They were getting premium for $1 per L. I saw ultimate last night at BP for $1.48 per L.

I dont care what anyone says, the best money i have ever spent was my LPG conversion. I'm paying through the roof for gas at the moment, 44.9cpl !!!!!!!!!!!! It went up 4c this week!! Missus laughed when i said how ghey it was that they'd jacked it up so much over night, but thats 10% Would be like petrol going up another 14c tonight.
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