petrol prices

alokin · Heavy Crude Joined: Aug 24, 2007 Posts: 379

petrol is still at $1.2? per lier. with crude at more than US $ 90 a barrel - this is strange. I don't know how much taxes we pay here, can't be a lot, but the oil must be transported refined transported once again.

BlinkBlink · Posted: Fri Oct 26, 2007 4:33 am Post subject: Re: petrol prices

We pay quite a bit of tax on petrol. Around 50%.

We've been spared high petrol prices by the rising value of the Australian dollar. It's currently over US$0.91.

Last year it was around US$0.72.
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alokin · Heavy Crude Joined: Aug 24, 2007 Posts: 379

no, taxes on petrol here are one of the lowest, see following graph:

http://www.med.govt.nz/upload/35799/International-2007-03.pdf Web Page Name
hope it worked adding the link.

I wonder if the petrol price will stay that comfortable?

Judgie · Posted: Thu Nov 08, 2007 9:53 pm Post subject: Re: petrol prices

Australians will start bleating when they're paying $2 liter for petrol.
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timbo · Posted: Mon Nov 12, 2007 7:54 pm Post subject: Re: petrol prices

A fairly simple calculation shows that if the $AUD had stayed at $US=0.75 then we'd be paying $AUD 1.80 a litre.

Note the $AUD is headed downwards at the moment and is/was ~ $US=0.89. Now depending on where the currency speculators drive the little Aussie Dollar things may get much worse.

peripato · Heavy Crude Joined: May 03, 2005 Posts: 376

Prices are bound to worsen in the near future as we import increasing amounts of expensive oil to make up the shortfall from declining domestic production, and or when the resource boom busts. Of course once there are actual shortages all bets are off as to where the price of petrol might settle from day to day, no matter how well the "little Aussie battler" is doing by then.

loadedbeat · Posted: Mon Nov 26, 2007 7:26 pm Post subject: Re: petrol prices

In Queenstown New Zealand, we are currently paying $1.81 for premium petrol. The prices have fluctuated between $1.50 - 1.84 since 2005.

We're being protected this time by the strong kiwi / weak US dollar, for now.

Although, when crude breaches the $100 dollar mark, we may be in for quite the price hike.
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flametree · Tar Sands Joined: Aug 15, 2005 Posts: 50

price in WA now about $1.48 we'll see how it goes

timbo · Posted: Sun Jan 13, 2008 8:55 pm Post subject: Re: petrol prices

Seen it briefly above $1.50 a litre in Melbourne. From various threads I've read recently expect it may hit $1.60-$1.80 in the next few months before easing back to $1.20-$1.40.

Then when the next up cycle hits we may get to $2.00+ which is going to put a lot of people into shock.

loadedbeat · Posted: Wed Jan 16, 2008 3:28 pm Post subject: Re: petrol prices

Lanthanide · Posted: Wed Jan 16, 2008 7:28 pm Post subject: Re: petrol prices

Hmm, petrol was 1.759 here in CHCH, and the story on stuff gave the impression that that was the price all over the country. They're talking about the cheaper type, though.

alokin · Heavy Crude Joined: Aug 24, 2007 Posts: 379

Here in Brissie it's still around 1,30. At the moment the crude price is stable and will maybe dropping due to the US recession.

Our car is so rusty that it will brake down within some month. In normal times one would watch out for a new (old) one, but now? I really have no idea.

loadedbeat · Posted: Wed Jan 23, 2008 10:01 pm Post subject: Re: petrol prices

loadedbeat · Posted: Tue May 06, 2008 10:55 pm Post subject: Re: petrol prices

make that $1.96 a litre for '95 in Queenstown.... so close to the $2 mark.
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Moped · Posted: Wed May 07, 2008 4:26 am Post subject: Re: petrol prices

98 has been $2.02 in Auckland for the last week, expect it to go higher anyday.
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