Fuel @ $1.09.9 in QLD

[MO]

Originally Posted by old fordnut

Bloody fuel. I still pay 1.38 for fuel in Darwin for regular and thats down from 1.44. We get ripped!

Has'nt the price of everything up there...got to have freight added...used to live there.

[TheSneakiness]

$1.15 here for 91.

[ExAreSix]

Originally Posted by BUZ81

125.9 in Townsville about an hour ago.

Dunno where you get your fuel mate... :

119.9 friday last week (BP Cluden)
122.9 typical sign price around town atm

[Envious]

Originally Posted by Envious

Paid $1.14 in Carina today.. Keep dropping damn you ! out:

Forgot to say, $1.14 was for ULP so i actually paid $1.24 for Ultimate. :hihi:
Any WA boys or gals on here cause a little birdy told me that its dropped below $1.00 over there in some places.

[vztrt]

Originally Posted by merlin

New oil reserves - WTF?

I agree, have you got an article confirming this?

[jabba]

You guys are going to spew... My wife payed 1.01 for E95 today.....

The oil Field they are speaking of are in the deep waters in the Gulf of Mexico.. At this point it is speculation that they will mine the oil because of the depth and flow rate of oil.. The sea bed is 6000ft deep and the oil basin is a further 4000ft below that.. That a total of 10'000ft down, which has never been done before and is quite risky... The other problem is the flow rate. The test they have conducted show they can get 6000 barrels a day.. I am not sure whether that is good or bad.....They also stated it would take 2 years to get a rig ste up permanently to drill oil from that depth. They also stated that the extra profit the oil Co's are making from the high petrol cost id allow for more oil exploration, which is a good......

So don't expect the cheap petrol to last to long..

The info is some where on AFF as a link.. Sorry I don't remember were it was I read it..

[old fordnut]

Originally Posted by MO

Has'nt the price of everything up there...got to have freight added...used to live there.

FReight added my ****. They just make up the price. Its because Darwin is considered in the middle of nowhere. Which it is. Thank god i'm leaving, back to the real world.

[ls f6]

Originally Posted by VSSII

What new oil reserves? The reason the price went up wasn't because we are running out.

Yes & no. Oil price, as with any commodity, is set by supply versus demand. As we know, demand is only going one way - up, putting pressure on prices.

On the supply side:
The recent uptrend in oil prices has, and always will be, caused by concern over the deliverable supply of oil (ie partly, but not only the total amount of the resource in the ground, but rather how much & how quickly it can be piped out, refined and transported to the end user).

Additional reserves found in the Gulf of Mexico could mean the world is less dependent on Saudia Arabia and other middle eastern countries to maintain the world's oil supply (thus the current never-ending tension in the Middle East becomes less of a concern). It also increases the probability of infrastructure being built to enable more barrells of oil per day to be mined and refined and distributed to the world. Plus, there are potentially more reserves to be found in regions previously thought untouchable. All these factors mean the corporations & industries of the world have more choices of supplier, resultantly oil emirates and corporations have less bargaining power as supply is perceived to have increased, and as a result, oil prices fall.

This one find won't change the world.. it is just another piece of daily information the markets digest when oil prices are determined. However, if it results in a number of explorers/resource companies employing the technology and finding more oil fields, and the finds progress to full scale production of quality oil, it could be the start of another downward cycle of oil prices.

[csv8]

Maybe America should invade us, then price might drop !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IRAQ its 2.5c a litre.!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!

[charles_wif_xf]

Originally Posted by jabba

I payed 1.07 for E95... How good is that..

Where did you find E95 fuel?

[Envious]

Originally Posted by csv8

Maybe America should invade us, then price might drop !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
IRAQ its 2.5c a litre.!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!

yeah, and its better fuel too

[lush]

Hey all

When you are telling us what price you are paying can you please add in where you are from? Im finding it difficult in a few threads when people talk about fuel prices, as many dont list where they are from in the avatar for me to get an idea.

Thanks Kindly
(for the record I think we are still around the $1.38 mark, but I havent filled up for a few days......thats around Central West NSW)

[Paxton]

$1.17 for ULP today. I never thought it would be anywhere near this price again.

[The Monty]

$1.069 for 95 ron 10%ethanol on loganlea road at the new servo near dooleys today.

[big_pete]

an interesting point was raised on another forum about the lowering of fuel prices...

saying the reason for the recent price drop was due to oil companies wanting to put us into a false sence of security, with fuel prices down there will be no need to stop buying large fuel guzzling cars and look for other methods of powering our cars.

this then gives people the false sense that everything is fine and we can go on using petrol forever, so therefore people buy those big 4WD's that will use more fuel down the track and the government isnt under any pressure to do anything about it.



however im happy to see this drop in fuel prices as im broke enough as it is!

[jabba]

Originally Posted by charles_wif_xf

Where did you find E95 fuel?

Inderpendant Fuel Supplies at Ashmore, Cold Coast, QLD

[XzLr8]

western burbs in melb were agt 120.9 today and 116.9 with vouchers filled up on 95 for 124.7 COME ONNNN YEHHH LoL

[Jeld-Wen Falcon]

Payed $1.18.9 today at BP for 91. Its taken some tension off the pocket recently.

[Josh_XC]

WHAT THE HELL - I payed 1.35 yesterday unleaded from shell, bloody wagga drop ur dam prices like everyone else

[MoreHPformyXR6]

Filled up in Adeliade today $1.18.9 (less voucher) $1.14.9 x 54.30 litres ULP $64.57

[vztrt]

Originally Posted by jabba

I payed 1.07 for E95... How good is that..

lol, you can keep that fuel. 95% ethenol is a bit too much for my engine!

[DJM83]

Originally Posted by fantz

you qld folk always get cheaper fuel ;p

Yeah becuase other states in aust pay so then the QLD govt can subsidise fuel there ive been told

[Dazza XLT]

Please feel free to correct me if I am wrong!
Hypothetical here...This could change from state to state, so don't quote me.
Say if I used 160lt per month. Paying $1.38/lt in the NT, equals $220.80 Per month, or $2649.60 annually.

In QLD for 160lt per month. Paying the suggested 8cpl less, $1.30/lt, $208.00 Per month or $2496.00 annually.

Thats a saving of $153.60
Then it costs me $200 extra to register my car in QLD compared to NT....
It costs me an extra $46.40 to drive and register my car here annually, and thats even with this "Miracle" 8cpl discount.

Flame Suit On :
Cheers

[TURBO_GHIA]

$1.16/lt in western syd this arvo

[kyro_02]

any ideas what prices will be in western vic wednesday(tomorrow) .. i'm sick of paying $1.30c+ p/l .. always miss-out a day early on cheap fuel :(

[MoreHPformyXR6]

Originally Posted by exrtnz

I paid 7c Ltr(30c Aus) in Kuwait City yesterday.

Im glad im in Australia I pd $1.14.9 with voucher today its a price im happy to pay as opposed to living in the middle east & paying 30c Aus.

If you are looking for the cheapest fuel prices, www.aussiecarpool.com has lists from each state that update automatically each day.

[kyro_02]

only has perth ......

Originally Posted by kyro_02

only has perth ......

Other states are listed along the bottom of the page.

[kyro_02]

ok so that was todays prices ? i can't find tomorrow's prices :(?