Diesel Prices today wtf??? 30c dearer than regular ULP

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Originally Posted by Logzy

Cant say i agree with some of the wankers comments in the article.
6 months ago there was only 5c/litre difference between ULP and Diesel so how can Mr Motormouth say they have both increased by 61%. Sure maybe over the last 4 years it averages that they have, now but the main increase on Diesel has been in the last 6 months.

F@#$wits.:mad::mad::mad:

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I agree. The focus on ULP and the fact that diesel is not yet big enough on the "family budget" watched by the politicians has given the oil companies another lever (and the fact that the govt has expanded the diesel fuel credits scheme for trucking fleets who get discounts from the oil companies as well).:mad:

Spotted last night: 179.9

Damn ... when's this going to slow down?

On the Sunday program today Ross greenwood said " Oil will hit $200 a barrel
by Christmas and this will equate to $2.30 for petrol."
He also said "due to the last few weeks of the oil increasing the reserve bank
will have no option other than to increase official interest rates at there next meeting, This is due
to oil causing inflation to rise. He said when oil reaches $200 Australia will be in a recession."
His comments where based on an American annalist predictions who predicted
oil would reach $100 a barrel a few months back.

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Originally Posted by neil

On the Sunday program today Ross greenwood said

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Sounds suspiciously similar to this report from a month ago:

http://www.news.com.au/business/stor...78-462,00.html

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Originally Posted by orsegtsport

Ah, so they are going give us another tax payer funded watchdog eh? Awesome. :rolleyes: Seems to me that their sole reason for existence is nothing more than a government PR stunt....

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Exactly. How about we cut the crap and spend the money on just reducing he fuel tax a bit. That would actually see prices fall a bit. I would make a bigger difference then all the ACCC hot air.

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Originally Posted by JustCruisn

Exactly. How about we cut the crap and spend the money on just reducing he fuel tax a bit. That would actually see prices fall a bit. I would make a bigger difference then all the ACCC hot air.

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If the govt cuts the tax it just gives the oil companies more profit as they then just creep up the prices again....

saw 182.9 tonight in sydney

173.9 at Fairfield BP

179.9 at Fairfield Shell :(

That BP is always heaps cheaper, I usually get 98 from there, despite me being 30m's down the road from the shell :(

don't forget that india and china and a few other asian nations actually subsidise prices, this is causing the demand, plus speculators. Today they are saying they expect the bubble to burst soon and the oil should be priced around $80/90 per barrel. Plus no truth to the rumour that there are lots of supertankers in the Persian gulf chock full of oil..