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General => General Discussion => Topic started by: Garry H on November 20, 2010, 10:02:46 PM

Title: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Garry H on November 20, 2010, 10:02:46 PM
Hi all,
noticed that the price of fuel in Adelaide went up today. Unleaded now sits somewhere between $1.25 and $1.30, Diesel still remains about $1.25, and gas at about .60cents, my question to all is - a couple of years ago fuel went up and they blamed the weak dollar and the crude price, now that we are nearly $ for $ fuel goes up by 10% overnight and the barrel price is way down on what it was a couple years ago. If someone can explain the logic to me that would good, or are we being ripped of or what's the story ??
whats the price of Juice where you live and does it fluctuate much??
cheers
Garry H
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Pauly on November 21, 2010, 06:42:29 AM
Yes we are being ripped off.....

Price of fuel here is $1.19 rising to $1.34. It used to be a 10c fluctuation but now its 15c >:(. Same as the 95 octane was about 6c dearer than unleaded and the e10 was about 3c cheaper than unleaded. Now 95 octane is on average 15c dearer than e10.

Nothing will change because we have toothless authorities.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Wandering Tassie on November 21, 2010, 06:50:17 AM
Yep, being ripped off.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Jardry on November 21, 2010, 07:38:50 AM
When you have a product that pretty much no-one can go without, you will always be held to ransom.

This link to Fuelwatch (http://www.fuelwatch.wa.gov.au/info/dsp_petrol_prices.cfm) explains the way in which the price is set.

Unfortunately we are being manipulated by OPEC (http://en.wikipedia.org/wiki/OPEC) and this then impacts on the price of Singapore crude oil which what determines what we end up paying at the pump. Everytime it seems prices are meant to go down, they come up with another reason to raise or maintain the current price.

In Australia the ACCC is meant to watch that there is no price collusion.

So in the end we all get screwed over as there will always be a "reason" for the price being what it is.

I can't understand the rationale as all - all I know is that we seem to keep paying through the nose.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: WogsRus on November 21, 2010, 07:41:49 AM
dam, diesel in tassie is like 1:36 about 10-15 cents more the LRP, well for me anyhow
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: OffRoadDave on November 21, 2010, 08:20:49 AM
I reckon the fuel companies saw that the country can take up to $1.80 per litre for fuel a few years back, and ever since they've been trying to figure out ways to get back there, but make the profit themselves rather than only making their margin + exchange rate.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: oldturtle22 on November 21, 2010, 08:25:31 AM
What!!!!!!!!!!!

fuel companies are ripping us off??????????????

Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Barry G on November 21, 2010, 08:55:03 AM
Ridiculous that we are pegged to Singapore oil prices.  For example, we don't import any LPG, so why peg that...
The U$ is probably at a poor exchange rate to Singapore, I guess, but I would assume that the oil co's are using every opportunity to rip us off anyway.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Darcy7 on November 21, 2010, 09:31:17 AM
Yes we are being ripped off. Fuel companies got a shock when the price fell to $1 a litre.  Didn't last long...!

People say we can't do anything about it but we can make a difference.  If you find a station that sells fuel cheaper than anyone else, buy it from them only.  Don't buy petrol at the beginning of the fuel price cycle.  Buy it at the end.  Usually Wednesday night. Diesel doesn't fluctuate much but the price differs significantly between various stations. Look for a consistently cheaper outlet and buy your fuel from there.

This is not going to change the world but it can make a small enough difference in your area to generate competition and save you a few dollars each week.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Duchess on November 21, 2010, 12:21:40 PM
We just don't see the fuel price fluctuations out here like you guys do in the city and coastal areas. Our prices just stay up there and don't change week to week by much if at all.

Of course, the government is never going to stop the price gouging of fuel companies...especially when they stand to gain so much in taxes from fuel anyway.

Have a look at how the NSW govt never removed their so called 3x3 tax on fuel...they just love getting that bit extra that they don't deserve.  ::)
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: krisandkev on November 21, 2010, 01:25:29 PM
Remember when diesel was about half the price of petrol? Boy, do I wish it was that now. Unfortunately, fuel is now one of the big ticket items when travelling. Especially when trying to cover long distances.  But, it is all worth it.  It is the only way to travel. ;D   Kevin
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: albany_nomads on November 21, 2010, 02:37:57 PM
LPG is the worst....In Albany WA (only 400 km from perth) ULP is approx $1.29 and Diesel approx $1.32 and we are with 10 to 14 cents of perth prices most of the time. (we dont have cheap tuesdays and expensive fridays like city..we stay constant)
Perth LPG prices are approx 59 cents a litre whilst in Albany its 90 cents a litre.....LPG in Albany never goes down in price..and if you live in the North West where the gas comes from the price for LPG is criminal and no vehicles (except for tourist from the big smokes with there CT :D) use gas  because its cheaper to use imported Diesel and ULP than local LPG..you figure..cause I cant....(someone told me that if you look at the mark up of LPG for say just a place like Albany where its  30 cents + a liter more expensive than Perth and look at how much you can fit into a tanker (its compressed liquid) he reckon you could buy a new semi truck with every trip  ;D)..kind regards Albany Nomads
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: speewa158 on November 21, 2010, 04:32:11 PM
AAAAhhhh come on ,   The blokes that fix the fuel prices  Ben Dover & his side kick Phillip McCrack , you  know that  & you surly feel it .  >:(
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: morgue on November 21, 2010, 05:17:35 PM
Don't get me started on the fuel prices, but seeing you have, well, here is my 2c worth. It boils down to 2 players in the retil market in Australia, Coles and Woolies.

At present you have Coles ans Woolies dominating the market, nearly 90% and rising, the 4 to 8c you get from your shopper docket, tear it up, saves about 40 to 60c on a 50ltrs tank...really FK all in the whole scheme of things...its called marketing...and people are falling for it in a big way. Idiots!
Same with those bloody customer cards, frequent shooper and flyer cards, they try to flog you... good to see people giving out their private buying details to the marketers, tell em to get stuffed!
These bastards are ripping us off blind and the ACCC and govt's both state and federal can't do a thing about it...but can they?...remember the cross media ties. A media mogal could 'nt have a TV station and newspaper in the same city/state.
Extend the same concept to Coles and Woolies, in each town or suburb, they can have either a supermarket, a fuel station, a Hotel or proprietory store, not all.
These mongrels own about 80% of all the pokies in Australia, but who's counting and thats a different story, plus every $1.00 you spend every day, 60c goes to either Woolies or Coles directly...
These bastards own the following:
Dick Smith, Tandy, Caltex outlets, Mobil outlets, Dan Murphy's, BWS, Bunnings, Officeworks,K mart, Big W, Liqour Land, plus over 300 hotels each, just to name a few and the list will be added with Woolies entering the DIY market.
The prices in Australia of LPG, ULP and Diesel are bloody discusting, if this happened in France, Greece, there would be riots outside the head offices of these 2 mongrels.
But we in Australia, just bend over and cope it again...I hope they are using condoms...

 


Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: swampmonster on November 21, 2010, 06:52:22 PM
You probably are right about coles and woolies, however they are the only discounting outlets in Tassie, if it wasnt for them we really would be paying throught the nose. Even before your handy dandy shopper docket, there pump price is less then united and liberty( which were supposed to keep the bastards honest! but havent). Perhaps they need to pass legislation to give ACCC a backbone and a heart to have a crack!

cheers
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: ezza on November 21, 2010, 07:21:16 PM
when i was in n.y. in July this year diesel was 2.86 per gallon = 0.75 per litre , so if we are supposed to be paying world pricing we are well and truly being bent over , in perth we are paying about 1.23 per lt for diesel but depends on where you go, i try to steer well clear of coles and woolies .
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: pinko on November 21, 2010, 10:17:42 PM
Hey Morgue
Ever given any thought as to where you superanuation dollars are distributed so there will be a a nest egg for you when you retire.
They don't have these things in greece and Spain and that is why they have 20% unemployment and old people who can no longer work beg for food of us tourists outside macdonalds restaurants. If you drop a bumper on the ground half a dozen guys will dive on it. I used to see the same thing as a kid growing up in Manly as as a kid.
Go and buy a few shares in some of these big companies you mentioned and you will get fully franked dividends (not Taxed)
Just watch us smart old buggers pull our retirement cash out of the banks if the government puts controls on them.
Then when you want a new fourby or a loan for some BGF's there will be no cash avaliable.
The government is already up to hock to the eyeballs from china and the arab nations for hundreds of billions.
Our petroleum price is set on the Singapore market not on that number you see on tv on the news.
For most of us Aussies things are not to bad.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: krisandkev on November 22, 2010, 07:08:37 AM
I think the best rip off I came across on our last trip was in NT.  Stopped at Cape Crawford to top up after coming up the Tablelands Highway, not knowing what fuel stations are further along, on our way to Borroloola. Cape Crawford diesel was $1.95 a litre.  We then found the price at Borroloola was only $1.75.  Now I understand the long distances the refuelling trucks would need to travel and the obvious need for a price difference, but the trucks would have to go past Cape Crawford to get to Borroloola, some 120 ks up the road?  I suppose the fuel at Borroloola must be subsidised.  But, like I always say, the choice is ours. You can pay these big prices, or just stay at home and fade away.  Life is so very short and valuable. How can you but a price on that.  :cheers:    Kevin
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: darren on November 22, 2010, 07:59:15 AM
Its 10c a litre cheaper on Thursday island than Seisha... Work that one out.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: terravista on November 22, 2010, 10:45:23 AM
Remember a couple of years ago when we were constantly told that a $1 increase per barrel of crude, meant a 1 cent per litre increase?
That was when crude was around $150 per barrel.
Now it's down in the $80 per barrel range, based on that theory, the fuel should be around 70 cents per litre, and that doesn't take the dollar value into account.
Are we being ripped off? Hell yes, but until we adopt the American system of accountability, that is political or corporate assassination, nothing's gonna change.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: morgue on November 22, 2010, 12:29:10 PM
Hey Morgue
Ever given any thought as to where you superanuation dollars are distributed so there will be a a nest egg for you when you retire.
They don't have these things in greece and Spain and that is why they have 20% unemployment and old people who can no longer work beg for food of us tourists outside macdonalds restaurants. If you drop a bumper on the ground half a dozen guys will dive on it. I used to see the same thing as a kid growing up in Manly as as a kid.
Go and buy a few shares in some of these big companies you mentioned and you will get fully franked dividends (not Taxed)
Just watch us smart old buggers pull our retirement cash out of the banks if the government puts controls on them.
Then when you want a new fourby or a loan for some BGF's there will be no cash avaliable.
The government is already up to hock to the eyeballs from china and the arab nations for hundreds of billions.
Our petroleum price is set on the Singapore market not on that number you see on tv on the news.
For most of us Aussies things are not to bad.

I know where my supa dollars are going, straight into the pockets of those mongrels in Pitt St. Now you are reallly talking about a rip off, by 2012, 1 Trillion dollars, that's right, 1 Trillion dollars will be held by supa companies, and not one cent has been really invested in infrustructure from these thugs..

We had a national bank called Commonwealth at one stage,where all of us tax payers were share holders in one way or another, then the government got conned by investment bankers, to sell the Commonwealth off for money. 
Then it happened all over again when Telstra got sold off, Qantas,State electricity companies, State paid and owned freeways, State gas companies and now with QR rail.
Keep you eyes on the state desalination plants and the Snowy Hydro Scheme over the next 10 years, the merchant and investmant bankers are just inching to get their claws into them. We the tax payer has paid for the infrustructure, and those buggars conn the governments to sell it, then we get charged to use something we already own and have paid off.
So who is having who in the scheme of things...

The fees the supa funds charge you, have a look at your statement, some time, they charge you, not on your contributions, but on the balance of your supa account.
The thing with supa is, that it is not an asset until it is realised at a date of collection, so at the moment, you are paying your hard earned money into a scheme, that promises,(as Howard use to say "Not a Core Promise) promises mind you ( not guaranteed) a return of funds, based on a rate of returns that the market dictates.
Then the laws can be changed on how you are allocated  those returns, either lump some or partical payments...they can be changed by the government or the institution and you have no say in the matter.
Talk about the Emperiors new clothes !

As for the debt, well, the public debt, that is debt of the Federal government, is well less than that debt held by the private sector, ie BHP and credit card holders...even with the expansion of government spending over the last 12 months, the amount of $46 billion is less then the debt of Rio Tinto & BHP, even the total government debt of $125 billion, is less then the public debt by over 50%.
BHP had blown over $900 million alone in the last 10 months in dud attempts to buy into some OS comapanies...now if I was a share holder in BHP, I would want some bloody answers...
I digress,
Back to the fuel prices, the wholesale price is dictated by the Singapore price, that is true, but what we have at the moment is that the retail price, the bowser price is being colluded and manipulated by the oil companies and the retailers...
The problem is, we are letting them get away with it.

 

Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: JCOJ on November 22, 2010, 04:47:25 PM
The problem is, we are letting them get away with it.

What do you think the solution is to stop them getting away with it?

I'm sure we would all love cheaper petrol.  I remember an e-mail going around a couple of years ago suggesting that no one buys from BP.  If that happened then BP would have to drop their price to entice customers, therefore other retailers would have to drop price to be competitive.  It didn't work obviously!
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: morgue on November 22, 2010, 06:10:04 PM
What do you think the solution is to stop them getting away with it?

I'm sure we would all loe cheaper petrol.  I remember an e-mail going around a couple of years ago suggesting that no one buys from BP.  If that happened then BP would have to drop their price to entice customers, therefore other retailers would have to drop price to be competitive.  It didn't work obviously!

In respect to the supa, government guarantee that payments from supa funds can be taken as a lump sum, tax free. (Fat chance of that happening)
Banks, 1/. The big 4 Banks to be profit taxed, just like the miners will be. 2/. Tax incentives for regional banking ie Bendigo Bank to set up in smaller populated areas 3/. Bank charges to be capped, ATM charges scrapped. 4/. Government to reduce taxes and charges on retail petrol prices, by 40%. 5/. Federal government to limit state governments from taxing petrol 6/. Increase the business incentives for independant / sole traders of retail petrol stations. 6/. Bring in a referendum with regards to ending the GST, the quicker we piss this thing off, the better. 7/. Cross ownership laws against Coles and Woolies.

But anyway this is a camping forum, enough of the economics.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Blunt on November 23, 2010, 09:58:33 AM
You probably are right about coles and woolies, however they are the only discounting outlets in Tassie, if it wasnt for them we really would be paying throught the nose. Even before your handy dandy shopper docket, there pump price is less then united and liberty( which were supposed to keep the bastards honest! but havent). Perhaps they need to pass legislation to give ACCC a backbone and a heart to have a crack!

cheers

Yup nice and cheap, until they drive the independants out of business.........
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: JCOJ on November 23, 2010, 10:57:21 AM
In respect to the supa, government guarantee that payments from supa funds can be taken as a lump sum, tax free. (Fat chance of that happening)
Banks, 1/. The big 4 Banks to be profit taxed, just like the miners will be. 2/. Tax incentives for regional banking ie Bendigo Bank to set up in smaller populated areas 3/. Bank charges to be capped, ATM charges scrapped. 4/. Government to reduce taxes and charges on retail petrol prices, by 40%. 5/. Federal government to limit state governments from taxing petrol 6/. Increase the business incentives for independant / sole traders of retail petrol stations. 6/. Bring in a referendum with regards to ending the GST, the quicker we piss this thing off, the better. 7/. Cross ownership laws against Coles and Woolies.

But anyway this is a camping forum, enough of the economics.

A couple of questions - not in an arguementative way but again a more out of curiosity - it's interesting to see how other people think:

If super could be taken in a lump sum, wouldn't some just blow it on a new Ferrari and a trip around the world, or go to the casino and blow it on the pokies - then where would they be left?  You've earned an income for your whole life so why would you suddenly need a massive lump sum all of a sudden?
1, 2, and 3) I agree
4 and 5) If petrol revenue is decreased that is great for us motorists, but how would this income to the govt be replaced? 
2nd 6) You have 6 twice :) Again where would all the revenue then come from if the gst is scrapped?  Don't you think gst is a fairer tax system rather than what we had previously where the payg earners beared the brunt of most things and cash job earners (eg tradies) got away with heaps?
7) Agree
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: morgue on November 23, 2010, 05:24:39 PM
A couple of questions - not in an arguementative way but again a more out of curiosity - it's interesting to see how other people think:

If super could be taken in a lump sum, wouldn't some just blow it on a new Ferrari and a trip around the world, or go to the casino and blow it on the pokies - then where would they be left?  You've earned an income for your whole life so why would you suddenly need a massive lump sum all of a sudden?
1, 2, and 3) I agree
4 and 5) If petrol revenue is decreased that is great for us motorists, but how would this income to the govt be replaced?  
2nd 6) You have 6 twice :) Again where would all the revenue then come from if the gst is scrapped?  Don't you think gst is a fairer tax system rather than what we had previously where the payg earners beared the brunt of most things and cash job earners (eg tradies) got away with heaps?
7) Agree

In respect to super, yes, when you take the whole amount, you can have the right to blow it, all of it on drug sex and rockn roll and good luck to you. Its your money, you have put it away, so do what you want.
What has happened is that the government does'nt like that, for with an older population, they will have to pay the pensions and they complain that people should not double dip, piss their supa off and then claim the pension.  But, at present, if you have a good accountant, you can still have your super tucked away, drip feeding you and still claim the pension, plus if you are really well off, you can still claim the pension (in a limited amount), eventhough you have millions.
Plus the polies could before the parliamentary reforms collect their super in a lump sum and not pay tax.
See, it boils down to a new income stream for super companies, if they payout large super payments like lump some to people, their income from fees go down, hence value and hence share stock value. At present AMP is after AXA, why, the super it has under management!,
In having drip fed payouts, the super companies still can claim fees on outstanding super balances.
 As an example, you might get $200 a week as income , which comes in at about 10k a year, but still get charged a/. Bank fees for having it in a bank, b/. Super management fees for the super companies  to look after it. So don't be supprised that you would be slugged about 1.5% on your balance outstanding.
 So if you have $100,000 in your account sitting there being drip fed to you, the super companies slug you over $1000 a year in management fees. Now multiply this by thousands of account holders in super.
This can run into the Billions, yes Billions in management fees, with CEO's, senior management, large share holders feeding at the trough. We are talking about the yellow brick road of money, every day, nearly $100 million is deposited into super accounts of fund managers..muliply by 52 weeks and year after year...we are talking some serious money, that is just sitting in a big kitty.
 Talk about dracula being put in charge of the blood bank!
If I was AMP, I would be after AXA and any super management companies I can get my teeth into.

So with super, take the contributions your employer gives you, but put your contributions away into something else, kids eductaion fund, house payments, holiday account, investment account, second investment residence, units etc.
Why, because, you will not recieve your money until your 67. You don't have the money in your hand, so you will not miss it at all, for you don't have it in the first place to miss. You are not relising the super balance as an asset yet, it is an expense, for you are contributing to it, for a later date...
If you have a super balance that your employer has contibuted to, change it to growth, real max growth and stash the letter balances away under the couch, if it makes money, it makes money, if not, so what, you physically did not have the money in your hands, to lose in the first place. Basically it is a unrealised asset...in accounting terms.
The bastards lost it in the crap they pumped primed the housing market in the US.
 Why? its not your money, its the super companies money, it will be your money when they give it to you at the ripe age of 67...so stuff it, why wait till your 67, take your contributions now and do something with them.
If you are a tradie, pay the min amount into super, just as a tax doge, them wack the rest into other things...related to your business and claim a tax rebate at the financial year accounting date.

This is my OWN PERSONAL VIEW, I'm not a registered account or financial adviser, I have a degree in financial economics, but i do not practice publicily, just on my person finances.

As for the GST and tradies, people ie tradies are still getting around the GST payment for asking for cash, some will be running 2 books, the ATO accounts and the black market account. Yes, they will get hit when they pay for things because of the GST. But they are realising the asset now, and are not getting charged fkn bank fees, plus cash talks, credit walks!, cash will be always king, why...you can use it straight away as a medium of exchange without any strings...ie interest rate.
Why do you think that the gold price has increased...because gold is physically there, you can see gold, exhange gold, melt gold into money...can't do that with credit ! Credit fkd the US economy, it caused the Gobal Financial Crises!
But and it is a big but, the GST is not balanced over all the Goods and services in the economy. Example, with food stuffs,a raw cook at supermrket, GST free, a cooked chook, GST charged, so the GST must be applied equally.
Then there is the fkn state governments, the whole GST by Howard and that idiot democrate woman(eyebrowed little ...)was sold on the assumption that all state revenue taxes would be gone and the GST would be in its place. Well those bastards have you by the balls, petrol for instance, Govt tax, State tax + GST. Bought a house lately, state sales tax and some GST thrown in for good measure, bought a car, same again.
Those mungrels are double dipping, charging state taxes and getting a GST as well...bastards.

As for petrol tax revenue being replaced, it already has been, looked at your bills lately, electricity, up, gas up, road rego up, green slip, up. The states allocation of the GST funding will be another record, that's how come Howard kept the books in surplus, he was getting record GST income, slipped some to the states to keep them quite, then stashed the rest into the coffers to keep the budget in surplus. But that's a different story  and a bloody long boring economic lecture.

The GST at present is not fair, it was'nt ment to be fair, it was ment to raise revenue to the government, fair is in Eutopia, just ask the Greens and the little fairies in the bottom of your garden.
We saw a classic example, the miners tax, a well thought out tax, a proper tax, it was to pay for the infrustructure we need in this country, the railroads,harbours, freeways, hospitals, school teachers, we desperately need.but with emotional bulcrap over investment and jobs the miners dragged up and the press pushed.
Who sacked contractors immediately when the GFC hit, the mining companies, talk about being bloody hypocrites,  well, the Mining tax got bastardised and we are left with half a tax which will create half the revenue, it was to get in the first place.

 But who will pick up the tab for the balance...you and me, yet again.

 Fortescue and his mates are laughing all the way to the bank, making billions from our resources, in our country, using a lot of our infrustructure the fed government has paid for with our taxes...I sympathise with the indigenious folk of our land.

So the miners got away with it, the petrol companies are getting away with it, the banks definitely are, while us little blokes are getting bent over again, yet again.

I hope they will be using condoms....

I'm finished, my soap box is about to break, I'm drippling again, so I'm off it..

Happy campering for Xmas...may the mozzies don't bite and the tinnies stay cold.
 

 
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Bird on July 27, 2013, 08:37:58 PM
Yes we are being ripped off.....

Price of fuel here is $1.19 rising to $1.34. It used to be a 10c fluctuation but now its 15c >:(. Same as the 95 octane was about 6c dearer than unleaded and the e10 was about 3c cheaper than unleaded. Now 95 octane is on average 15c dearer than e10.

Nothing will change because we have toothless authorities.
... and the thought he was being ripped off at $1.34... :(
Title: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Black Diamond on July 27, 2013, 10:25:19 PM
Does a bear sh1t in the woods?
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: cruisindub on July 28, 2013, 12:23:41 AM
Are we being ripped off?

Absolutely,

What can we do about it,

Nothing, just grumble, shuffle your shoes and carry on.

Sad aint it.

15c price rise overnight, followed by another 8c by the end of the week? Yep, Royally screwed......
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: cruisindub on July 28, 2013, 01:20:01 AM
These bastards own the following:
Dick Smith, Tandy, Caltex outlets, Mobil outlets, Dan Murphy's, BWS, Bunnings, Officeworks,K mart, Big W, Liqour Land, plus over 300 hotels each, just to name a few and the list will be added with Woolies entering the DIY market.
Woolies owns Masters, so the big competition in the DIY is there.
Woolies liquor, or now all BWS, is (i'm led to believe) the biggest liqour company in world........(includes DM)

In our town, 5 of the 6 big largest liquour retail outlets are woolies owned, with the 6th being Coles owned and only one larger fully independent trying to battle with those.
The rest are mickey mouse pub bottle shops compared to these big guys.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: speewa158 on July 28, 2013, 03:36:28 AM
l started to read this post  , marvelling at the fuel prices  ??? then checked the dates  :'( :'( >:D
Arrr Yes l can just remember $1.25 for unlead , can't get that if you steal it now . But if you din't want to pay for it Push The Rig  :cheers:
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Tjupurula on July 28, 2013, 06:15:58 AM
Hi Swaggers
All fuel here at Mulan has gone down to $2-40 a litre, it was $2-60 a week ago, so at least we are saving a bit.
Tjupurula
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: cruisindub on July 28, 2013, 06:20:39 AM
Hi Swaggers
All fuel here at Mulan has gone down to $2-40 a litre, it was $2-60 a week ago, so at least we are saving a bit.
Tjupurula

Cool, 20c a litre saving.! ;D

(probably where our 15c and 8c fuel hike in the one week came from)  :'(

 :angel:
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Tjupurula on July 28, 2013, 06:36:26 AM
Yep, every five litres I buy, I have saved enough to get my granddaughter a chocolate frog, and she makes sure she gets a few anytime I am in the shop.  A good grandfather will always hype them up and give them back.
Tjupurula
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: kiwi_camper on July 28, 2013, 07:34:50 AM
Petrol prices in Brisbane last week were up around $1.60.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Mallory Black on July 28, 2013, 08:21:44 PM
I remember paying less per litre for petrol than the size of the discount on my latest coles voucher!
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: winniliss on July 28, 2013, 09:20:34 PM
Petrol prices in Brisbane last week were up around $1.60.

I Darwin we have been paying that for over 6 months. It is currently $1.67
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: cruisindub on July 28, 2013, 09:44:37 PM
I remember paying less per litre for petrol than the size of the discount on my latest coles voucher!


Get out of here ! Surely your making that up?
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Tjupurula on July 28, 2013, 09:54:30 PM
I recall back in the early 70's there was a machine in the petrol station in Kununurra, where you could put a two dollar note in the tray, push the tray in, and nearly fill your tank from empty.  That was th station where the Shell is now.  We frequently took the FJ up there, as at that time there were no clinics or nurses out here, it was a 9 hour drive to get to medical assistance.
Tjupurula
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: berlitza on July 28, 2013, 10:06:47 PM
I remember paying less per litre for petrol than the size of the discount on my latest coles voucher!

I had no idea they imported petrol on the first fleet ,,, :D
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: jclures on July 29, 2013, 06:23:00 AM
I had no idea they imported petrol on the first fleet ,,, :D
I have noted a number of cheeky young whipper snappers on here lately. ;D
People worried that it would get to one dollar once. ???
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Barry G on July 29, 2013, 10:20:44 AM
I have noted a number of cheeky young whipper snappers on here lately. ;D
People worried that it would get to one dollar once. ???
I remember being p'd off in the mid/late 1980's when it passed 50c/ litre.Seemed a real 'rip off' no longer being able to get 2 litres for $1.   ;D
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: cruisindub on July 29, 2013, 12:05:34 PM
People worried that it would get to one dollar once. ???
When I first got my licence, it was only about 60c  litre or so.
Used to to get a weeks worth of driving for $5.    Well, thats all we could afford, $5 at a time. Couldnt afford to fill up tank completely............................
Its about the same now though.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: noel_w on July 29, 2013, 02:42:19 PM
When I first got my licence, it was only about 60c  litre or so.


When I first got mine it was $0.48 per gallon (roughly 11c p/l)
Could fill up the old datto 180B for $6. Could get to Lismore & back from Sydney for less than $20. Beers were $0.25 each at the Rous pub.
I thought we were being ripped off then. (for fuel that is, beer is always cheap......)
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Bird on July 29, 2013, 06:01:48 PM
Back in 1980, $10 used to do us a weekend of riding bikes, inc bottle of Castrol Super TT for the yz80, muchies, and drinks...

$2.00 of hot chips and loaf of bread used to feed bout 8 of us. :(
Seen what $2.00 gets you in "Fries" from Mcrubbish or KFC etc these days...?? Doesn't even fill the hole for a hungry 3yr old.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: cruisindub on July 29, 2013, 06:06:18 PM
Gees you guys must be way old.!!

Though do remember when $2 chips was a meal for about' 4' of us,

Thats inflation huh.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Bird on July 29, 2013, 06:11:23 PM
New yz80g in 1980 - with helmet, boots, gloves, googles $400.

Today - used 2010 Kawasaki KX85 $4200... so I'd hate to see what a new one goes for...
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: braydle on July 29, 2013, 08:42:43 PM
Filled up in Gladstone this arvo......$1:60/litre at Caltex. It'll stay there for ages!
Up to 4 cents cheaper elswhere. Going to Brisbane this weekend so I'll get some kind of comparison.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Garfish on July 29, 2013, 08:50:42 PM
I recall back in the early 70's there was a machine in the petrol station in Kununurra, where you could put a two dollar note in the tray, push the tray in, and nearly fill your tank from empty.  That was th station where the Shell is now.  We frequently took the FJ up there, as at that time there were no clinics or nurses out here, it was a 9 hour drive to get to medical assistance.
Tjupurula

The good old green $2 note,  how many kids today even know we had $1 &$2 notes
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Mallory Black on July 30, 2013, 09:25:01 PM
Guys I'm old OK
got my Licence in 1976 and Super was about 26-27c per litre
However I'm sitting on a 30c per litre discount because I have hungry teenagers in the house
Old story, it's not what you say that you dig into, it's what people don't say.

Remember Rene Rivkin? He was a master at that.... for a while.......
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Bird on December 22, 2015, 07:25:18 AM
Fuel went up 30-35 cents overnight...

Does anyone know if there's a holiday coming up?
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Rumpig on December 22, 2015, 08:10:26 AM
Fuel went up 30-35 cents overnight...

Does anyone know if there's a holiday coming up?
Atleast your fuel was down to start with before going up, it never reached the same low price here you guys were getting. On the up side, diesel has been a steady $1.19 / ltr at my local BP servo up until a week ago, now it's $1.16 / ltr  8) At the same time i am seeing other BP servos around the area are selling it at $1.29 / ltr  :o
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: UIZ733 on December 22, 2015, 08:24:32 AM
Are we being ripped off?
Yes.
Always have been and always will.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: jclures on December 22, 2015, 08:37:56 AM
Fuel is still well over $1.35, I paid $1.42 last week, RACQ said last week something has to be done up here as they have never reduced the price to what the rest of the state is paying.
It can’t be collusion now could it.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Bird on December 22, 2015, 08:43:44 AM
Quote from: jclures
It can’t be collusion now could it.
isn't it ****ed?? Theres nothing we can do... they know it.

but they have so much power that the Gov is Shit scared to say anything..
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: McGirr on December 22, 2015, 09:48:25 AM

You big sooks  ;D

I pay $2.22 per litre out here. Lucky I don't drive a lot.

Mark
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Julian Kaye on December 22, 2015, 11:08:59 AM

 $60k for a new 4x4 - check
 $10k for all the good things to hang off it - check
 $50k for the camper with the lot - check
 $1,500 for those sexy looking Cooper AT's - check
 $20 a week for lotto - check
 $50 a week for your cappucinos - check
 $10 a week for all those subscriptions - check
 $10 a week for your tim tams - check
     etc, etc
 $100 a week to to fuel up your pride and joy to take you wherever you want to go - RIP OFFFFFF!

 We are a funny lot.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: jclures on December 22, 2015, 11:33:37 AM
$60k for a new 4x4 - check - My Nissan is turning 30 years old and I only paid $27k = less than $1000 per year.
 $10k for all the good things to hang off it - check - I made all the extras my self the winch was the most expensive part.
 $50k for the camper with the lot - check - made my camper myself
 $1,500 for those sexy looking Cooper AT's - check - my last set cost only $1000
 $20 a week for lotto - check - never buy one.
 $50 a week for your cappucinos - check - may be one a month $5
 $10 a week for all those subscriptions - check - don't have any
 $10 a week for your tim tams - check - I will give you that one ;D
     etc, etc
 $100 a week to to fuel up your pride and joy to take you wherever you want to go - RIP OFFFFFF!

 We are a funny lot. Nope, they are a rip off
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: edz on December 22, 2015, 12:47:02 PM
$60k for a new 4x4 - check
 $10k for all the good things to hang off it - check
 $50k for the camper with the lot - check
 $1,500 for those sexy looking Cooper AT's - check
 $20 a week for lotto - check
 $50 a week for your cappucinos - check
 $10 a week for all those subscriptions - check
 $10 a week for your tim tams - check
     etc, etc
 $100 a week to to fuel up your pride and joy to take you wherever you want to go - RIP OFFFFFF!

 We are a funny lot.

^^^^  I'LL HAVE THE SAME PAY PACKET AS HE HAS THANKS !!! ^^^^   ;D
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Julian Kaye on December 22, 2015, 01:09:13 PM


 Anyone who feels they are being ripped off should refuse to purchase the product. Who's first?
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Bird on December 22, 2015, 01:32:55 PM
Quote from: edz
^^^^  I'LL HAVE THE SAME PAY PACKET AS HE HAS THANKS !!! ^^^^   ;D
x eleventy..


Quote from: Julian Kaye
Anyone who feels they are being ripped off should refuse to purchase the product. Who's first?

awesome idea.. I can clearly see that'll fix things...
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Julian Kaye on December 22, 2015, 03:23:38 PM
$60k for a new 4x4 - check
 $10k for all the good things to hang off it - check
 $50k for the camper with the lot - check
 $1,500 for those sexy looking Cooper AT's - check
 $20 a week for lotto - check
 $50 a week for your cappucinos - check
 $10 a week for all those subscriptions - check
 $10 a week for your tim tams - check
     etc, etc
 $100 a week to to fuel up your pride and joy to take you wherever you want to go - RIP OFFFFFF!

 We are a funny lot.

  Not referring to me, only to illustrate a point. Seriously, complaining about fuel prices is like complaining about the weather. If it was the huge issue that some would suggest then we would all be driving around in a Prius. I'm like everyone else, it can sting when you throw eighty litres of diesel in the tank, but what's the alternative? I've just reached the point where it's wasted energy to worry about fuel prices. Rip off? Sure, but not enough to change driving habits or lifestyle.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: HKB Electronics on December 22, 2015, 03:35:02 PM
If we weren't lazy we could do someting about it, I went in to a service station today and the
operator was complaining that sales had been very slow since the price went up, $1.10 to
a $1.35 If we got organised we could hurt them.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Cruiser 105Tvan on December 22, 2015, 03:59:02 PM
You blokes, really.
The fuel companies are keeping the prices up as much as possible.
First is to impress the share holders and increase the bottom line.
Second because the GOV. gets a percentage of the sales at the pumps.
The gov. prods them for a better performance, and they put the price up.
The Fuel Companies don't equate better performance with moving more product.

It's simple, we are a captive market.  We are subject to price gouging.  It's beyond doubt.
It's in the Governments (Both State and Federal) own interests to maintain a HIGH cost for fuel.
They have imposed and levied fuel so much that it's an extremely unfair tax on the general population.
If you ride on a bus, your still paying towards their fuel levies and taxes.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: jclures on December 22, 2015, 09:08:29 PM
I complain about the weather as well. ;D
We are already bent over, it is the fact they also decide how big the ream is to be.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: bobnrob on December 22, 2015, 09:32:04 PM
If we weren't lazy we could do someting about it, I went in to a service station today and the
operator was complaining that sales had been very slow since the price went up, $1.10 to
a $1.35 If we got organised we could hurt them.

There've been calls over the years for people to just stop buying petrol on a certain day as a protest - think they actually even tried it once. But as most know, people would just fill up the day before, ensuring they had enough to carry them over, but it would also mean the servo's just have a bumper sales day the day before as well.

But one suggestion I read a few yr's back - and I think it would work, at least I haven't been able to see a down side...choose a brand eg: Caltex, and everyone refuses to buy from those servo's for say a week. Other servo's are getting extra sales, but there would be fear that they could be next.

But we are a lazy lot, to lazy to do anything except complain   ::)
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Cruiser 105Tvan on December 22, 2015, 10:32:02 PM
Another way, don't buy from Company outlets.
Buy from an owner operator, if there's any left.
Company Franchise Operators get messages, straight from the Company concerned, telling them what price and when.
I know people in that situation.  I've seen it happening.
Just like BobnRob, I'm not sure it would work, but hey it's just a thought.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Bill on December 23, 2015, 06:34:02 AM
What does everyone actually expect Government to do about fuel prices?
They will never lower or remove their taxes, they make to much money off them.
And because fuel stations are privatly owned (or owned by corporations) Government cant exactly tell them how to run their business. Imagine the outrage if Government could tell privatly owned businesses how to operate.
Bill
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: richee on December 23, 2015, 07:46:09 AM
Yep we are being ripped off! But what really gets my goat is when we are paying $1.34 and less than 5 ks away its $1.17.

The local servos call it the Kenmore Tax, I call it stealing!

Richard
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: bobnrob on December 23, 2015, 09:00:45 AM
Yep we are being ripped off! But what really gets my goat is when we are paying $1.34 and less than 5 ks away its $1.17.

The local servos call it the Kenmore Tax, I call it stealing!

Richard

Yep, major media dog with a bone type activity in my shire just before xmas last year about prices, the oil companies response was their standard...freight cost's make it higher.
I understand things are dearer in rural areas, but when you get the price at the start of the shire eg: $1.25, then the middle @ $1.32 - which incidently is the largest population by far, then the end @ $1.25 with no 10+ klm and return diversion off the run, then freight cost just doesn't wash...yet they're so cocky, they believe that we'll buy their BS!
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: McGirr on December 23, 2015, 09:09:35 AM

Sell the car and buy a bike  ;D ;D

Mark
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Spada on December 23, 2015, 09:29:52 AM
so they go out into the middle of the desert and drill a hole 1000's of feet down, then pump the oil 1000's of feet up to the surface into some big tanks, then pump it out of those tanks and pipe it accross a country and pump it into some other tanks, then pump it from those tanks into a big ship, then ship it half way around the world, pump it out of the big ship into more tanks, then pump it through a refinery and pump it into a truck, then truck it accross the country and pump it into some tanks in the ground, then we come along and pump it out of those tanks into our car.................

and complain because it's $1.30 a litre.....................



Milk costs $2 a litre................and all they have to do is squeeze a cows tit ?
Or even worse,water comes out of a tap...........................yet we hapily pay $3 for 600ml ?
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: bobnrob on December 23, 2015, 08:43:10 PM
Well cut my legs off, and call me shorty...went to my regular local servo tonight to fuel up for the trip tomorrow
Diesel is $1.19   :o  - been fluctuating between $1.30-35 for the last 6mths
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: KeithB on December 24, 2015, 06:59:11 AM
I think that the fuel market became a lot less competitive after the supermarkets claimed half of the retail market. The prices used to be led by the independents. Now we have the supermarket outlets maintaining high prices and the independents trying to compete with them is a no win situation. If the supermarkets wanted to, they could drop their prices and send the independents out of business overnight, then claim the market for themselves.

Instead they have gone for the cosy option of maintaining high prices, just as they have done for groceries. Wholesale and retail margins are, as a result, at historically high levels. I have seen city fuel margins at 1-2 cents a litre during discount wars in the past. Now 10-14 cents a litre at the pump is the norm. 25 years ago, we had about 12,000 servos in Australia. How it's less than 6,000 and competition has suffered as a result.

Every year or two, we seem to have some kind of government inquiry into petrol prices. But none of them has yielded any benefit for the consumer. If you could run a car on bullShit, we'd all be traveling for free.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: tracker on December 24, 2015, 11:39:44 AM


           Fuel at Slade Point in Mackay......  99 cents a litre

                                       Cheers Tracker.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: Cruiser 105Tvan on December 24, 2015, 11:43:18 AM
Everyone moving to Slade point?
That'd be fun to see.
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: prodigyrf on December 24, 2015, 11:24:53 PM
Are we being ripped off?
Yes.
Always have been and always will.

Well that's a common lament but what does it really mean? What it really means is no matter what price fuel is and because it's a major weekly expense we always want it to be cheaper so we can either getaway more often or have more in our pocket for other goodies.
The alternative  is you believe there's supernormal profits to be had in refining and retailing fuel and that's largely because the big bad oilcos are all in cahoots (oligopoly) and they're gouging us accordingly. That's nonsense of course and there's one indefatigable proof of that which should be obvious to us all. Anyone care to spell it out for all the conspiracy theorists, NRMAs, RAAs, ACCCs and sundry gaggle of eggsperts out there that do not not produce and sell so much as a drop of fuel for us all, yet believe we may be or are being ripped off?
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: prodigyrf on December 24, 2015, 11:32:35 PM
I should say in answering that important question to yourself you need to understand implicitly the difference in economic terms between normal and supernormal profit-
http://www.economicsonline.co.uk/Business_economics/Profits.html (http://www.economicsonline.co.uk/Business_economics/Profits.html)
Title: Re: Fuel Prices vs Exchange rate, are we being ripped of
Post by: prodigyrf on December 26, 2015, 09:38:02 AM
The obvious answer to those who believe the Big Bad Oilcos are price gouging and perpetually ripping off all we poor defenceless consumers is of course if you believe they have the oligopolistic power to do that and are indeed doing so, then why on earth do they ever put the prices down, given we were used to paying well over $1.50/L in metro areas and the word was we'd soon see the days of $2/L petrol? Well here in Adelaide they're selling petrol for just under $1.11/L. Dunno about you but I've always been a profit maximizer and cost minimizer and if I had the power to be a half decent oligopolistic ripoff merchant and gouger and there was another 40+c/L margin on my $1.11/L product going begging I'm bloody sure I'd be gouging it and swanning myself in the Maldives with my feet in a bucket of champagne and you lot could please yourselves  :cup:

OTOH folks you have to put your tinfoil hat on to stop the alien space rays from getting through and believing that Big Bad Oilcos with oligopolistic gouging ripoff powers in the marketplace have a really wicked sense of humour and are teasing us all  >:D

Here forget the tinfoil hat and educate yourself-
http://www.aip.com.au/pricing/facts/Facts_About_the_Australian_Wholesale_Fuels_Market_and_Prices.htm (http://www.aip.com.au/pricing/facts/Facts_About_the_Australian_Wholesale_Fuels_Market_and_Prices.htm)
http://www.aip.com.au/pricing/facts/Facts_about_Petrol_Prices_and_the_Australian_Fuel_Market.htm (http://www.aip.com.au/pricing/facts/Facts_about_Petrol_Prices_and_the_Australian_Fuel_Market.htm)

If that doesn't convince you and you still believe there's supernormal profits to be had in flogging fuel in Oz then you and your like minded soul-mates gather your hard-earned together and get out there and scoop them all up while we flock to your cheaper bowser price in droves. Count me a rational skeptic with all those derelict servos about, not to mention the demise of brands like Neptune, Golden Fleece. Ampol, Amoco and the classic for those of us who remember ACTU Solo. That was back in the seventies when Bob Hawke and Co were going to save all we poor downtrodden workers from the vicissitudes of the Arab Oil Crisis. Where are they all now we may well ask?

Have a good New Year and don't forget to fill up at the bottom of the cycle city slickers  :cheers: