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The Canberra petrol ripoff

By johnboy - 20 February 2012 32

The Canberra Times is having a screech about Canberra petrol prices being much higher than the rest of the country.

The price of unleaded fuel reached a high of 149.9c per litre yesterday, 10c higher than in Sydney and almost 20c dearer than Melbourne.

Canberra also had the second-highest minimum price in the country, with its cheapest bowser hitting 141.9c behind Brisbane’s 142.9c.

They ponder the reason why but it seems simple enough.

The petrol companies are colluding bastards and we can afford to pay more.

Although I will smugly note that as a cycling-to-work-inner-northican I last filled my mighty 4 litre engined car 3 weeks ago and reckon I can make a few more weekly trips to Aldi before the price of petrol will be of any concern to me whatsoever.

What’s Your opinion?


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32 Responses to
The Canberra petrol ripoff
1
Tony 10:29 am
20 Feb 12
#

Last weekend I drive to Merimbula on the south coast. Before leaving (on Wednesday) I filled up at 1.49. When I got there they were advertising at $1.45. Both prices were the post 4c/lt shopper docket discount prices
This was the same company (woolies petrol).
The whole shopper docket thing is a scam, and I’m sick of it.
As such, I’m thinking of converting my old Hyundai Excel to electric. Its only got to get me 30km per day on a charge, so I think its doable :)

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2
Grail 10:40 am
20 Feb 12
#

You could always drive to Yass or Queanbeyan to fill up. I’m not sure that you’ll save enough on a tank load to make it worth the trip, but the option is there. Alternately you could buy a petrol station and set the price yourself.

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3
Holden Caulfield 10:52 am
20 Feb 12
#

High wages, high prices.

For ease of calculation let’s assume one’s car averages 50l of fuel per week, that equates to $75 per fill at $1.50/litre or $3900pa.

$1.50 x 50 = $75.00 ($3900pa)
$1.45 x 50 = $72.50
$1.40 x 50 = $70.00
$1.35 x 50 = $67.50
$1.30 x 50 = $65.00 ($3380pa)

So a 20¢ saving over a 52 week period saves you $520. That’s not to be sneezed at, sure, but if you’re really quibbling over $10 a week you probably should be riding a bike and not running a car.

I don’t like paying more for fuel than I need to, either, but it’s the asylum seeker of retail. Far too much coverage and bluster over something that’s really not that big a deal.

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4
dpm 10:53 am
20 Feb 12
#

I hate to start down this path on a thread (no pun intended), but I have to say, getting off my butt and riding to work 3 times a week (~100km in total) does more for my petrol-related finances (and health) than even a 20c/L petrol price drop would! Now, I understand not eveyone is in a position to have this option, but if you do, it’s worth considering. Though I wonder how my resolve will be in winter! Hahaha :-)

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5
Deref 11:15 am
20 Feb 12
#

“The petrol companies are colluding bastards and we can afford to pay more.”

That.

Well, that and the fact that all our governments couldn’t give a f***.

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6
chewy14 11:20 am
20 Feb 12
#

dpm said :

I hate to start down this path on a thread (no pun intended), but I have to say, getting off my butt and riding to work 3 times a week (~100km in total) does more for my petrol-related finances (and health) than even a 20c/L petrol price drop would! Now, I understand not eveyone is in a position to have this option, but if you do, it’s worth considering. Though I wonder how my resolve will be in winter! Hahaha :-)

Better off on a motorbike, quicker and much more fun.

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7
steveu 11:21 am
20 Feb 12
#

I guess when you have woolies/caltex and coles/shell controlling the food and petrol around the place, with “discount voucher” systems telling them when we have money in our spocket to spend, we can expect nothing less than having the price of petrol set at what the market is willing to bear.

Best thing we can do to combat this is find ways of not using petrol and reduce the demand on supply.

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8
Jethro 11:37 am
20 Feb 12
#

dpm said :

I hate to start down this path on a thread (no pun intended), but I have to say, getting off my butt and riding to work 3 times a week (~100km in total) does more for my petrol-related finances (and health) than even a 20c/L petrol price drop would! Now, I understand not eveyone is in a position to have this option, but if you do, it’s worth considering. Though I wonder how my resolve will be in winter! Hahaha :-)

Agreed. Switching to a bike at the end of winter last year for my thrice weekly commute to work was the best thing I ever did, in terms of my finances and health.

Although, I too am wondering how motivated I will be to do the 19km ride at 7:00am in the depths of winter.

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9
EvanJames 12:18 pm
20 Feb 12
#

Grail said :

You could always drive to Yass or Queanbeyan to fill up… Alternately

Qbn is cheaper no longer. The Mobil in Yass Rd used to do competitive pricing, but now it’s a BP, it charges crazy prices (the ULP price they display is for ethanol crap) as-does the one opposite Fast Food Alley. The woolies one in town also seems a tad high. Cheapest petrol in the area is either Majura Rd, or Fyshwick. I miss the days when they’d cycle the prices through the week,so if you bought just before the usual Thursday pay-day price hike, you did quite well.

And “alternately” should be “alternatively” in this context. Alternately is a form of Alternate, either-or this-that one-two. Alternatively means a different way and is not limited.

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10
AnimosiTy 12:25 pm
20 Feb 12
#

it sux, but on that note I can’t see charging up an electric car to be any cheaper in the long run.. I’m sure actew would be just as happy to charge us more money too..
and still carbon foot print from using electricity?!

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11
AnimosiTy 12:28 pm
20 Feb 12
#

motor bikes arn’t cheap to service or to buy tyres for or to register or insure… and id rather be cut out of my car than cleaned up off the road thankyou!!!
oh and motorbikes like premium gas!!!

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12
devils_advocate 12:33 pm
20 Feb 12
#

Jethro said :

Although, I too am wondering how motivated I will be to do the 19km ride at 7:00am in the depths of winter.

The wind chill is what gets ya, I reckon. No matter how good gloves you get it seems the icy wind just cuts through them. And even wrapping a scarf around the face doesn’t help that much.

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13
devils_advocate 12:34 pm
20 Feb 12
#

steveu said :

Best thing we can do to combat this is find ways of not using petrol and reduce the demand on supply.

on mythbusters, they showed (IIRC) that slipstreaming behind a van at a distance of 10 meters or less can reduce fuel consumption by as much as 60 per cent.

However based on the way most canberrans drive, I think everyone is already onto this trick.

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14
Pork Hunt 1:01 pm
20 Feb 12
#

The price of fuel doesn’t worry me at all, I always put in $20 worth…

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15
The_TaxMan 1:15 pm
20 Feb 12
#

Petrol in Erindale 7/11 146.9 for E10 petrol at Braddon 7/11 140.9. The gumbyment has no input into this type of pricing, it comes down to the owners and in this case all 7/11 servos in Canberra are owned by the same company which is Mufti Pty Ltd. In Erindale there is no obvious competition whilst in Braddon there is another servo accross the road forcing competition. You can only blame the Gov’t so often but it is clear that there certainly is a lot more than the 1cent per litre profit the Service Station Owners Association has been banging on about for years, especially when Coles and Woolies can in some instance offer up to 20cents per litre discount. And I’m sorry but ‘shopper dockets’ don’t cut it, no-one sells a product at a loss constantly of 3% and up to 15% per litre it is simply unsustainable no matter how much profit they made on groceries.

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