1 February 2007

Petrol Pricing In Canberra - AGAIN!

| Manny
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Why is it that Petrol has gone up again, I was travelling around Fyshwick on Tuesday and noticed it to be 105.9, then on my way home from work at Mobil Erindale it was 105.9, however, today on my way to work Mobil Erindale is 117.9, whats the story, I thought it was getting cheaper, and its not even Public Service Payday!!!

Petrol pricing is shocking and I think it should be stopped this putting the price down on Tuesday’s and then ripping us off a further 10cents on Thursday through to Sunday. Its wrong!!

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Funny how the petrol distributors always pass on price rises instantly, but whenever their is a fall in the price of crude, they say something like:

“It’ll take a week or two for the lower price to filter through to the end-user”

He’s a clown. The NRMA has gone to the dogs in a big way with him steering the ship.

As reported overnight by the ABC:

“NRMA president Alan Evans says there was a rise of $1.50 in the price of a barrel of crude oil overnight but that should result in an increase of just one cent at the bowser.”

Sshhh…

Has…the cashiers are usually one of two guys. I thought there was a Mrs Has.

I go there because the cashier has the most amazing butt I have ever seen.

The price never dropped at all at Ampol Mitchell. It’s been $1.19 for weeks. Don’t know why people still go there!

“Cast away, I don’t really care! V8’s are fun, it’s really that simple.”

Yep exactly lol. Infact my next V8 will be at the minumum 427 cube mostly likely 540cubes haha

Petrol is relatively cheap in this country. And as its a free market if own a petrol station i should be free to charge $3lt if I want. And you don’t like it go buy it some where else. The only issue I would have is if there is any price collusion between companies which I very much doubt there is.

VYBerlinaV8_now with_added_grunt5:07 pm 01 Feb 07

“Would it be churlish to cast aspersions on the size of your wang at this point, VY? “

Cast away, I don’t really care! V8’s are fun, it’s really that simple.

so bored with this issue….

barking toad4:34 pm 01 Feb 07

Don’t whinge about petrol prices, just syphon someone’s tank!

I fill up when empty, and have paid over $1.50 in some country towns when doing gigs.
I couldn’t really care less about the price of fuel . I need my van ….

That being said I wish Guinness was $1.22 a litre ….

ps I’m sort of scared to post here now 🙁

The saudis dropped production by 150,000 barrels (or so) a day yesterday.

You’ve no choice but to live with it.

Would it be churlish to cast aspersions on the size of your wang at this point, VY?

VYBerlinaV8_now with_added_grunt3:55 pm 01 Feb 07

I save the occasional 10cpl vouchers for filling my thirsty V8. That way it doesn’t cost me too much to run, and I am thus not motivated to replace it with a more efficient vehicle.

If you don’t know why I need 320 horsepower to get me to the office each morning, then that’s not my problem.

(Can that one go to the pool room?)

Agreed Mael. Quit your damn bitching, people. All you fossil fuel guzzling suckers can go die in a ditch.

If you are a customer at a servo, apparently you think it is the fault of the actual guy behind the counter, and this gives you carte blanche to abuse him or her for it.

I fill up when my car is empty.

It is too inconsequential to worry about sub $20 purchases to the point you will all get hernias from all the worry.

So petrols too expensive ? Ride

So works too far away ? Get a new job

Don’t like the rise/fall of petrol prices ? follow all of the above advice.

Different elasticities.

How come these price fluctuations only affect petrol, not other oil products? You don’t see the price of Vaseline jumping all over the place! Am I just not observant enough to notice that all oil based products have risen in price?

Should I only buy ‘Vas’ on Mondays?

That’s different cause GovCo also regulates the supply.

what? you mean like the water?

Oh God! I agree with you again, Ralph!

Does this make me a Fascist, or you a Whining Pinko?

Regulate the price, if you don’t mind the odd fuel shortage here and there.

“dodgy oligopolies are hardly a free market.”

Touche.

“weekly price setting probably would lead to slightly higher prices in the long term, but mostly the upset over the prices is psychological.”

So why muck with it for the sake of righteous indignation? People will still be appalled that they are paying $1.20 a litre this week when they were only paying $1.05 last week (and demand that the ACCC do something about it).

Manny – fair enough; but there are ways of paying less for petrol, the simplest of which is to fill up on Tuesday or Wednesday.

As dragging the stuff out of the ground gets more expensive prices are going to continue to rise faster than the CPI. No amount of regulation (no matter how canny) is going to stop that.

I have to use a car, as I have children that are too young to use a bus, I need to drop them off in the morning, and the bus service in canberra is crap anyway!

dodgy oligopolies are hardly a free market.

weekly price setting probably would lead to slightly higher prices in the long term, but mostly the upset over the prices is psychological.

Golly johnboy – government regulation? Bit pinko, init 😉

All you economists out there can poo-poo this idea; but I reckon regulating a single weekly price setting point for petrol would have the oil companies speculating the prices up (to mitigate risk), leading to everyone pay more overall.

Regardless – Mutley & S4anta are right. Fill up on a Tuesday, and you’ll do better. Either that, or respond to the market like I and an increasing number of people seem to be doing, and sell your car.

S**t! Tuesday is the one day they don’t let me out of the lunatic asylum.

Oil prices actually took a jump in the last couple of days, up several dollars a barrel. As usual, the oil companies pass the price rises on to us the instant they happen. Pity they don’t do the same when the oil price goes down.

Porblem is that oil is dictated by global demand, via the futures market. That puppy will never be stable

I dunno, in most other retail businesses you expect some price stability.

If someone advertises a price one day I reasonably expect that price to be maintained two days later.

Nothing drastic but if they were forced to set prices weekly I don’t think you’d banjo the market, but I do think we’d have happier people.

We live in a free market economy, so as such petrol prices are controlled by what the market is prepared to pay for… *snore*

Go whinge on Today Tonight or get over it.

Catch a bus or ride a bike.

buy petrol monday to wednesday. problem solved.

So fill up on Tuesdays. Not rocket science, is it?

VYBerlinaV8_now with_added_grunt12:52 pm 01 Feb 07

I paid 99.9 (with voucher) at the Jerrabomberra Woolies servo on Tuesday evening. The pricing cycle is obvious. Use it where you can.

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