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Fuel up again!

By wildturkeycanoe 15 September 2011 28

From $1.349 at 6p.m. to $1.49.9 at 8:30pm, same day at the New 7-11 at Holt WTF???

How’s your area coping?

Thursday 14, September.

Mark that as another slash on the throats of motorists.

What’s Your opinion?


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Fuel up again!
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Mysteryman 3:39 pm 16 Sep 11

shirty_bear said :

Mysteryman said :

welkin31 said :

Looks like shirty_bear and KaptnKaos are correct – this graphic shows pump prices should have been falling for three months.
http://www.warwickhughes.com/blog/

Is this actually a surprise to anyone? It’s been like this for years.

No, it hasn’t. In the past, it fluctuated. Up and down. Now it’s not coming down when it should.

Really? I seem to recall a similar thing happening in 2009/10 after the GFC – especially when our dollar was climbing. The cost of oil dropped from nearly US$140 a barrel down to almost US$40 (while our dollar lost about 30% of it’s value against the US). It was at about $70 per barrel by the time our dollar was trading at 95c to the US dollar, but we were still paying close to $1.40 a litre, despite the noticeably cheaper cost of crude oil and stronger Aussie dollar.

shirty_bear 3:03 pm 16 Sep 11

Mysteryman said :

welkin31 said :

Looks like shirty_bear and KaptnKaos are correct – this graphic shows pump prices should have been falling for three months.
http://www.warwickhughes.com/blog/

Is this actually a surprise to anyone? It’s been like this for years.

No, it hasn’t. In the past, it fluctuated. Up and down. Now it’s not coming down when it should.

Mysteryman 1:55 pm 16 Sep 11

welkin31 said :

Looks like shirty_bear and KaptnKaos are correct – this graphic shows pump prices should have been falling for three months.
http://www.warwickhughes.com/blog/

Is this actually a surprise to anyone? It’s been like this for years.

welkin31 11:54 am 16 Sep 11

Looks like shirty_bear and KaptnKaos are correct – this graphic shows pump prices should have been falling for three months.
http://www.warwickhughes.com/blog/

damien haas 10:24 am 16 Sep 11

There is a facebook page for canberra fuel prices:

http://www.facebook.com/home.php?sk=group_119037621511363

Postalgeek 10:23 am 16 Sep 11

If you’re complaining about fuel prices now, you’re in for a world of hurt in the years to come.

what_the 8:51 am 16 Sep 11

braddonboy said :

Wonder how the fuel companies would react if everybody stopped driving for one day a week – diesel vehicles one day, petrol on another.

Doesnt work, heres why
http://www.snopes.com/politics/gasoline/nogas.asp

braddonboy 8:26 am 16 Sep 11

Wonder how the fuel companies would react if everybody stopped driving for one day a week – diesel vehicles one day, petrol on another.

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