QLD Petrol 75cl !!!!!!!!!!!!!

[csv8]

QUEENSLAND motorists can look forward to petrol prices they have not experienced for five years, with the cost of unleaded fuel dropping as low as 75c a litre.
If the global slide in the price of black gold continues we may even be looking at prices at the bowser of 75c to 80c a litre - something .

The price of standard unleaded fuel is tipped to tumble below $1 a litre over the festive season after huge falls in international oil prices over the weekend.

The price has slid on disturbing news from the US which indicates the country has experienced its greatest number of job losses in 34 years.

The increasing unemployment and general global economic slowdown means a fall in energy usage and oil demand, hence the price slide.

In New York, oil fell to a four-year low of $US40.81 ($63) while in London the price went even lower, tumbling to $US39.74. Oil prices were trading about $US147 a barrel in early July.

Oil analysts yesterday said the falls would definitely mean cheaper fuel at the bowers but it might take a while for the price falls to filter through to end users.

"You have also got to consider the falling Australian dollar against the United States which tends to offset some of the oil price falls," an analyst said.

"But at the end of the day there is no reason why we won't see petrol below $1 over the Christmas period."

[DJM83]

The V8 might get a 2nd wind, i wonder if it will stimulate V8 sales

[kenz]

Ultimate I have seen for $1.02 already in the last week good times ahead for us v8ers :
cheers
Luke

[rosco426]

Hope it gets that low down here (I imagine it will). I'll be parking the XR8 and driving my charger around everywhere.

[MAD]

July - US$147 - with dollar trading at lets say 95 cents. = $154 / brl
Now - US$41 - with dollar trading at lets say 65 cents. = $63 / brl

Thats 40% of what we were paying for oil , but 40% of 160cpl = 64 cpl ... what gives?

Obviously we are going to be ripped off over the holiday periods, that fact of life will never change, but early in the new year I dont see any reason we shouldnt be seeing ULP in the vacinity of 80cpl, even then we're probably still getting ripped off.

[05_ENFORCER]

The standard oil barrel of 42 US gallons is 159 Litres

159 Litres @ $1.05/L = $166.95 per Barrel

Good profit????

C

[SM1DY]

Screw the V8, I think its about time to invest into V12's.

[1LOUDXFUTE]

Originally Posted by 05_ENFORCER

The standard oil barrel of 42 US gallons is 159 Litres

159 Litres @ $1.05/L = $166.95 per Barrel

Good profit????

C

remember, its a barrel of oil, not petrol
it hasnt been refined yet

[05_ENFORCER]

It would be interesting to see the final margin on refining costs.
It is a fairly complex process.
There must be a fair old surplus at the end of it for the oil companies and then lets not forget the governments take, then the distributors, then the station operators......

[GS608]

we're already at below $1/L

today i've seen it at 98 cpL 95 cpl and 93.5 cpl, fuel on the coast is cheap!!

ah wait are you blokes talking about ULP or PULP?

[Hillbilly F Truck]

Already at 97 cents.

[kenz]

Originally Posted by XR-CHIEF

we're already at below $1/L

today i've seen it at 98 cpL 95 cpl and 93.5 cpl, fuel on the coast is cheap!!

ah wait are you blokes talking about ULP or PULP?

Well the cheapest Ive seen for ULP is 90.9 last week and thats without the 4c off, so im not sure what the article is referring to but Im yet to see PULP under a dollar but its nearly there

[Joey_Falcon]

This news is great, Im loving the price drop of ULP.

What I cant understand is why Diesel is still so dear?

[Rodp]

Originally Posted by 51RTE

The V8 might get a 2nd wind, i wonder if it will stimulate V8 sales

I doubt it. People have long memories when it comes to their wallets. Petrol prices may be falling but consumer confidence is falling with it. People are scared to spend their money right now.

[Lion Slayer]

When i bought the xr6 6 months ago the only reason i didn't buy a V8 or turbo was becasue of high petrol prices, if petrol was this low back then it would have been a different story for me.

[IDT]

Originally Posted by 05_ENFORCER

It would be interesting to see the final margin on refining costs.
It is a fairly complex process.
There must be a fair old surplus at the end of it for the oil companies and then lets not forget the governments take, then the distributors, then the station operators......

This would be interesting, but I'd also like to see them include all the by-product. Plastics/bitumen etc etc. When oil prices go down the price of the missus tupaware should also be falling.

[Spanrz]

We go on the Singpore Barrel cost! Not the US barrel!

[Auslandau]

As a rough rule it takes 2 litres of oil to make 1 litre of petrol .......
So 1 barrel makes approx 80 litres.



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[TUF_302]

Wish it was that cheap here!, we are still paying 1.08 in tass!

[05_ENFORCER]

It will get there TUF 302, just you wait and see.
Now all we need is a 44,000 litre tanker aka Mad Max 3 :evil3:


c

[The Monty]

98 has been under $1 for about a week, but thats an ethanol blend, down here. 95 ethanol is 87-89 cpl.

[csv8]

Prices my area 14th Dec. * Caltex/Woolworths - 92.5
1150 Beaudesert Rd
Acacia Ridge 4110
* Caltex - 94.9
Beaudesert Rd & Mortimer Rd
Acacia Ridge North 4110
* 7 Eleven - 94.9
129 Orange Grove Rd & Musgrave Rd
Coopers Plains 4108
* Ampol - 94.9
Sherwood Rd & Golf Links Rd
Rocklea 4106
* BP - 94.9
Boundary Rd
Archerfield 4108
* Matilda - 95.9
Boundary Rd & Tile St
Wacol 4076
* Independent - 95.9
485 Beaudesert Rd
Moorooka 4105
* Mobil - 96.9
2208 Ipswich Rd
Oxley 4075
* Caltex/Woolworths - 96.9
Blunder Rd & Alban St
Oxley 4075
* 7 Eleven - 96.9
14 Rosemary St
Inala 4077

[buggerlugs]

87.9 I paid for unleaded here yesterday, No discount docket or vouchers. Just the bowser price

[prydey]

this is why i always found it mildly amusing whenever someone from QLD would whinge about the price of fuel. they have for a long time had the cheapest fuel in the country. i've heard it also gets subsidised by the govt by 8c/l.

[GS608]

Originally Posted by prydey

this is why i always found it mildly amusing whenever someone from QLD would whinge about the price of fuel. they have for a long time had the cheapest fuel in the country. i've heard it also gets subsidised by the govt by 8c/l.

thats true, no doubt they get their 8cpl back through another tax though

[The Monty]

Considering its never 8c below the national average, Id like to see where our 8c subsidy goes.

[DJM83]

Originally Posted by The Monty

Considering its never 8c below the national average, Id like to see where our 8c subsidy goes.

Here here, i have a mate in Melb and he txts me the price just to compare. Half of the time its the same as up here :

[prydey]

http://www.osr.qld.gov.au/fuel/overview/index.shtml

check it out for yourselves!

[The Monty]

Im not saying there isnt a subsidy, I know we are meant to get one, but we never see it, or if we do, its only by 1-2cpl. You go over the border, and the price is the same as it is in Queensland.

[dallasv8]

we are still payin over a dollar in Ayr