Fuel prices

I suppose that most of you would have seen the report from the Caltex spokesman that
fuel prices would rise to $3.00 a litre.
What a brilliant marketing move.

You have most people now complaining about the $1.40 a litre and about how the ACCC
is not doing their job properly,
So, in comes this marketing ploy, telling everyone that even though you are
complaining about the price now, wait for a little while and the price is going to go
to $3.00 a litre.

This in effect, susbdues thte population into thinking they are getting a great deal
now at $1.40 as the price will go up and they are sooooo lucky now to get it at
todays prices.

I also believe what they are doing, is telling the people, that they, ( the oil
companies), don't give a **** about the ACCC and they will lift the price when and by
how much that they wish.

They know also, that the ACCC, does not have the power to force the oil companies to
ease prices, , lower them, or keep them at a steady rate for any length of time.

Why we have to adhere to the overseas pricing of petroleum products is beyond me,
especially when we have out own oil and gas reserves.

Anyone got any connections with a shipping company or do you have a spare oil tanker
sitting around doing nothing?

If so, then clean it out and go to Venezuela and pick up a lod of fuel there, already
refined for 12 cents a gallon 4 litres

copied from a web page:

While US consumers struggle with soaring energy prices, Venezuela's gas is now the
world's cheapest at 12 cents a gallon and Washington's regional foe, President Hugo
Chavez, vows to maintain subsidies that keep fuel dirt-cheap.<<

 

In aus.motorcycles on Thu, 06 Mar 2008 01:39:01 GMT

ASk the Europeans what they are paying...

It's going to happen - so do your commuting on a 4 stroke scooter,
sell the car, and learn to live with it.

Else pay the cost of your hobby.

Zebee

 

They don't need to. Oil companies make their money from long term
commodity trading. Any manipulation of the daily pricing, based on
the current price of crude oil, is piddling by comparison. My guess
is that most of them will have already secured their supplies twelve
months ahead, and beyond, at today's prices. What they commit
themselves to buy today, at today's prices, for delivery (and payment)
next year, also drives up next year's market (the one they'll sell it
on).

The stuff sells for the current import parity price throughout the
western world (and has for yonks). It wasn't relevent to the market
when Govco introduced it (artificially) back around 1978 but it is
now. The pre tax price in the US (and just about everywhere else) is
virtually identical to here (I recently posted some then current
figures for diesel).

No you can't. That's the domestic price in Venezuela (due to internal
political pressures) and it's already rooted their own economy.

With subsidies being the operative word... and upon which Senior
Chavez's own life depends.

 

Oh dear George, you really do deserve the moniker Clem bestowed on
you.

The Australian *Competition* and Consumer Commission is charged with
administration of the Trade Practises Legislation (and some ancillary
laws). The TPA makes it illegal for businesses to collude on price
(aka "price fixing") and to prevent them forcing you to buy someone
else's product if you want theirs (third line forcing) and etc it does
NOT give the ACCC the power to tell a business what price it can sell
something at.Never has, never will while we remain a free market
economy.

Aside from the fact we consume more petroleum than we produce
(although we do have a surplus of natural gas and lpg), if the
suppliers sell it here cheaper than it is overseas then I can just buy
as much as the producers make and turn around and resell it overseas.
Of course the producers would take about three nanoseconds to spot the
differential between the local and overseas prices and tell me to
bugger off and just sell it overseas themselves. There would then be a
shortage of supply until the market price here went up to the same
price as overseas (plus or minus shipping costs and govt taxes).

It's called supply and demand George. If there's different prices in
two places I can just buy cheap in one place and sell it more
expensively in the other - also known as arbitrage.

<snort> What a crock ! "struggle with soaring prices" my arse. The US
govt. levies the lowest taxes of all bar about 5 countries in the
world (OPEC and Venezuala being the exceptions).

Yes it's cheap because the taxpayer in Venezuala is paying the
difference and it stays that way because it'd be political suicide for
a politician to change it. Amusingly enough it's the low income
earners who are getting most screwed by this (it's a regressive
subsidy) but they're the ones most vociferous about protecting it -
simply because they don't trust politicians not to screw them over
worse (reduce the subsidy AND fail to reduce the tax), can't blame
them really - no one trusts a politician.

JL

 

Indeed, the going rate is equivalent to 2.50 to 3.00AUD in most of
western Europe.

It does need to be acknowledge that the price is mostly tax though (as
it is in Australia as well), the US has almost no tax on petrol and
hence has lower per litre prices.

Of course it is, we've hit peak oil, demand is continuing to rise and
supply has stopped rising so prices have to go up to reach equilibrium

JL

 

Now, imagine if we as a country actually went ahead and did this.
At best the Prime Minister/Federal govt would be 'dismissed'.
At worst we'd be at war with the U.S.

 

One good side to this will be the reduction of Falcodores clogging the
roads.

 

aus.cars,aus.motorcycles

Right about now, the Yankee Scum that professionally interfere with GovCo
in other nations are busy as hell setting up a little border war with
Chavez using their druggo Columbian suppliers of 'material that they
finance their shifty shit with'.
IOW, favors are being called-in. I hasten to add that tnis is NOT the same
scum that run yer actual wars. That's a different pack of Scum.

The idea is to get Chavez out of power by whatever means they can -
including topping the bastard if at all possible.
You may recall there was a little tete-a tete between Exxon and Chavez,
with Chavez booting them out of the country.
They then used some tame (read Yankee)court or other to get a judgment out
against Chavez for some damages - presumably to assist them to pay the
damages they have refused to cough up for that
imbecile-pissed-in-charge-of-a-tanker-and-thousands-of-kilometres-of-coastline-fucked-incident.


Anyhow - these are interesting times indeed in South America.


As for the OilCo's here - I've said it before, and I'll say it again - the
ONLY way we'll ever be free of the gouge is to both nationalize the cunts
and stop the GovCo gouge with excise at about the same time.
Right now, GovCo and OilCo are well and truly in cahoots, so the chances of
reasonable behaviour from either party are none and buckleys..

There IS another solution....and it's not at all difficult to figure out.

 

Burning bag of dog poo, knock and run ?

 

To be replaced with Corolla's clogging the roads. What difference that will
make to you, me and the guy up the street I'm fucked if I know....

 

Aesthetically more pleasing, for starters.

I've noticed you really don't like any criticism of Holdens and Fords

 

Yup... expect smaller cars, less use of cars, more diesel cars/hybrid
vehicles and increasing demand upon an inadequate Public Transport system.


G-S

 

Maybe for you.

You've noticed wrong.

I couldn't give a rats about either, but I was wondering how swapping
Falcadores for Corolla's (or some other equivalent buzz box) would make
things the slightest bit different.

 

I've gradually learned to hate them, is why. They seem to appeal to a
certain type of person - at least in my neck of the woods.

 

Yep got my Prius to weather the storms of greed. As will many more to follow
when the penny drops out of their wallets.

 

aus.cars,aus.motorcycles

Be a good start to proceedings, yes.

 

It's okay for people in the cities to buy a Prius or equivilant vehicle, but for
people in the provincial towns who do a lot of country miles, those greeen machines,
are no good at all, they are underpowered for coutry driving and are about thte same
in economy as your average 6 cylinder
I have a V8 Falcon getting 10 kilometres per litre and I do a lot of kilometres, so I
would rather have the comfort of the longer wheelbase on a long trip

 

About tenty thouabnd

 

I will open the " fucken " (sic) gate to anyone,
I will even open the gate to let you out

 

Told you how to fix it before.
Boycott one only supplier [one with supermarket connections]
Everybody buy fuel elsewhere for a few weeks unless fuel reaches one
dollar and ten cents say.