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The Pub For General Automotive Related Talk |
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21-11-2008, 09:04 AM | #1 | ||
If it ain't broke........
Join Date: Dec 2007
Location: Sunshine Coast Qld
Posts: 18,850
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http://www.news.com.au/business/stor...-31037,00.html
And I'm still paying $1.36 for diesel. Not happy Jan.................
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21-11-2008, 09:13 AM | #2 | ||
Purveyor of filth
Join Date: Oct 2005
Location: Melbourne
Posts: 2,958
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Sub $1 fuel here we come...
But at the same time, so goes the incentive for research and effort into ending our dependance on oil. |
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21-11-2008, 10:45 AM | #3 | ||||
FF.Com.Au Hardcore
Join Date: Oct 2007
Posts: 1,082
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Please don't fall any further, now big cars are going to go up in price :'(
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21-11-2008, 12:31 PM | #4 | |||
Regular Member
Join Date: Apr 2008
Location: Perth
Posts: 118
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21-11-2008, 02:34 PM | #5 | ||
FF.Com.Au Hardcore
Join Date: Feb 2007
Location: ...in the shed
Posts: 3,386
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looks like i'll be able to go cruising alot during the xmas hols WOOHOO
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21-11-2008, 02:39 PM | #6 | ||
Clevo Mafia Inc.
Join Date: Dec 2004
Location: Melbourne
Posts: 10,496
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Half what it was but price does not reflect it, we are still being ripped off.
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21-11-2008, 02:40 PM | #7 | ||
He has, the Knack..
Join Date: Jun 2006
Location: Sydney
Posts: 1,042
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Half? More like a third now.
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21-11-2008, 02:41 PM | #8 | ||
Powered by Marshall
Join Date: Jan 2005
Posts: 1,143
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Handy index chart
http://www.aip.com.au/pricing/marketwatch.htm Diesel is in fact moving much more slowly than unleaded
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21-11-2008, 03:11 PM | #9 | ||
FF.Com.Au Hardcore
Join Date: Jan 2006
Posts: 1,119
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So its gone from the highs of $154 per barrel in June ($1.70 p/ltr at pump) to the current $50 (drop of 67.5%) per barrel and $1.24 p/ltr (drop of 27%)at the pump. I understand that the $AU has dropped around 30cents since then but we are still getting ripped at the pump.
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21-11-2008, 03:47 PM | #10 | ||
335 - STILL THE BOSS ...
Join Date: Dec 2004
Location: Melb East
Posts: 11,421
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67% drop in price per barrel and 35% drop in AU$ ........ someone's making some serious $$
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21-11-2008, 04:29 PM | #11 | ||
Donating Member
Join Date: Jan 2005
Posts: 5,408
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if only our dollar was at its june high and petrol was at the current rate... back to the 60cents a litre days...
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21-11-2008, 04:33 PM | #12 | ||
Regular Member
Join Date: Jul 2008
Posts: 370
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If fuel does drop below one dollar a litre what happens to the Holden 99 cents a litre offer, if it drops below 99 cents then do the Holden people still pay at 99 cents a litre, sure takes the sting out of their offer, noticed it isn't being advertised at the moment, also makes the $2000.00 free fuel card with some Ford models way better now.
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21-11-2008, 04:45 PM | #13 | |||
Flairs - Truckers Delight
Join Date: Aug 2006
Location: Brisbane Northside Likes: Opposite Lock
Posts: 5,731
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No FG Turbo Ute, it's just means that there's no benefit to Holden's program.
also Quote:
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21-11-2008, 05:07 PM | #14 | |||
FF.Com.Au Hardcore
Join Date: Aug 2005
Location: Barossa Valley, South Australia
Posts: 3,381
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Having 320Nm of torque on tap from as low as 1800rpm is wonderful. Why is it that that unleaded has dropped a massive amount but diesel hasn't? At one stage there, diesel was just as, if not, in some cases, cheaper than unleaded at the bowser. Now we're seeing a 30c/L price difference again? What gives?
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21-11-2008, 05:22 PM | #15 | ||
Regular Member
Join Date: Aug 2005
Posts: 72
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I guess it's safe to say holdens 99 cent fuel offer is now scrapped?
* sorry for the repost above Last edited by dandaman; 21-11-2008 at 05:23 PM. Reason: repost |
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21-11-2008, 05:57 PM | #16 | ||
FF.Com.Au Hardcore
Join Date: Apr 2005
Location: Canberra
Posts: 13,460
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I filled up with BP Ultimate today at $1.23/lt. The cheapest it's been since I bought my car!
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21-11-2008, 05:58 PM | #17 | ||
If it ain't broke........
Join Date: Dec 2007
Location: Sunshine Coast Qld
Posts: 18,850
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It doesn't seem to matter how much noise the public make, it's only crawling down in price. But if the price of oil goes up, the oil companies dont muck around putting the price up straight away. Still not happy Jan...........
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21-11-2008, 07:04 PM | #18 | ||
LIKE A BOSS 351
Join Date: Sep 2008
Location: Gold Coast
Posts: 2,779
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Praise the lord, keep some money in the kitty!
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21-11-2008, 07:33 PM | #19 | ||
FF.Com.Au Hardcore
Join Date: Jan 2006
Posts: 1,119
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I forgot to mention before that even if the $AU dropped to 50cents oil would only be $US 100 per barrel so again we are being ripped hard at the pumps. Maybe Holden saw this coming and succesfully conned hundreds into the 99c cap to no real benefit to the buyer at all!!!
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21-11-2008, 09:43 PM | #20 | ||
FF.Com.Au Hardcore
Join Date: Mar 2005
Location: Newcastle
Posts: 3,246
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Just remember that about 60c of the price of a litre of petrol is taxes / excise. This doesn't drop just because the price of oil does. Only the GST does, albeit by about 5c based on a 50c fall.
So at 160cpl, 60cpl was tax. 100cpl was the oil price and profit. When the dollar was at US98c and the barrell was $155USD it equated to $160AUD. Now it is $50USD barrell & US63c which equals $80AUD. If $160AUD equalled 100cpl, then $80AUD equals 50cpl. Add back in the tax and the new amount is 105cpl even including the original profit margin. Consider that petrol is now at 116cpl, the companies are making an extra 10cpl on top of their previous price. So, yes we are being ripped off. NB The barrell price isn't how our prices are determined either. It comes from the Singaporean MoGas price. The barrell of crude merely is the floor /bottom price that can be achieved before refining costs.
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22-11-2008, 09:04 AM | #21 | |||
FF.Com.Au Hardcore
Join Date: Aug 2005
Location: Utah
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22-11-2008, 09:14 AM | #22 | |||
Smile
Join Date: Dec 2004
Location: Merrylands Sydney
Posts: 8,541
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22-11-2008, 09:17 AM | #23 | ||
FF.Com.Au Hardcore
Join Date: Jun 2005
Posts: 3,633
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.. and I went to all the effort of buying a motorbike to save money! :(
Oh well, I'll just keep driving around in the V8s instead |
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22-11-2008, 11:52 AM | #24 | ||
FF.Com.Au Hardcore
Join Date: Nov 2005
Location: perth
Posts: 4,355
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the fuel group always have reasons justifying the price of fuel and keep it up , would have thought they would have jacked the barrel price up after the hijack of that oil tanker
but interesting that even with a low dollar of aprox .55 to the us in 2001 and a barrel price of aprox $40 all not that far from now and we were only paying around 80 to 90c a litre , and yet we are still paying around 35 to 40 cents more than that now http://theoilfiles.blogspot.com/2006...8-to-2006.html http://www.x-rates.com/cgi-bin/hlookup.cgi
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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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22-11-2008, 02:42 PM | #25 | |||
Donating Member
Join Date: Jan 2005
Posts: 5,408
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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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22-11-2008, 07:32 PM | #26 | |||
FF.Com.Au Hardcore
Join Date: Mar 2005
Location: Newcastle
Posts: 3,246
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PS The fact that the markets didn't automatically go up after the 2M barrell supertanker got hijacked shows how poor the market perception (recession et al) is at the moment.
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BA2 XR8 Rapid M6 Ute - Lid - Tint -18s 226.8rwkW@178kmh/537Nm@140kmh 1/9/2013 14.2@163kmh 23/10/2013 Boss349 built. Not yet run. Waiting on a shell. Retrotech thread http://www.fordforums.com.au/showthr...1363569&page=6 |
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