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03-11-2008, 11:51 AM | #1 | ||
FF.Com.Au Hardcore
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On the weekend I filled up with ultimate at Nambour, $1.31/litre. Down the road povvo unleaded was $1.16.
Two questions. 1) What happend to the $2/3/4/5 per litre by Xmas "its the ent of the world as we know it" 2) Who will holden's spin be if it drops below 99c/l ? |
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03-11-2008, 11:59 AM | #2 | ||
......
Join Date: Aug 2005
Location: Northside Brisbane
Posts: 2,494
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I just paid 1.26 for unleaded - I remember 2 Christmas's ago, people saying it will be $2 a litre. I never submitted to that "the end of the world" consensus.
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03-11-2008, 12:09 PM | #3 | ||
FF.Com.Au Hardcore
Join Date: Jan 2005
Posts: 14,654
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The frightening thing is how quickly things turn around at the moment... i do agree though, people who panic normaly come off second best.... i wonder if the performance car market will make some form of recovery? I looked at a GT-E or F6X for the mrs on the weekend..
Can't wait to see Holdens spin if petrol drops below 99c though!
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03-11-2008, 12:18 PM | #4 | ||
OMGORDZ
Join Date: Jun 2007
Location: SE, Melbourne
Posts: 2,352
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haha yeah i had to have a giggle when those petrol stations in nsw are selling for 99c a litre! I know it's a BS saving of like $1800 after the whole thing is said and done but hey, it's still laughable
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03-11-2008, 12:41 PM | #5 | ||
FF.Com.Au Hardcore
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Location: Utah
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In June, Dodge ran the same sort of thing here. $2.99 per gallon guaranteed. Well it's like $2.49 here, national average is lower, and as low as $1.98 in Texas... the thing is... who really knows where the price of oil will be in the future. I believe even OPEC did not know it would go this low. Even though they try to control the supply to "stabilize" (yeah right) the price!
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03-11-2008, 12:58 PM | #6 | ||
Regular Member
Join Date: Mar 2008
Posts: 459
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In the US, Ford have just rehired 1000 workers to add a third shift at the F-150 plant. They cut production too deeply in reaction to the high fuel price.
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03-11-2008, 01:10 PM | #7 | ||
Lion Tammer
Join Date: Oct 2008
Posts: 341
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I bet we never see Petrol for under a $ a litre ever again, the thing with the ppl cutting prices in sydney was a protest of independants against the supermaket chains and they even admitt they cant keep doing it
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03-11-2008, 01:30 PM | #8 | |||
FF.Com.Au Hardcore
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Quote:
Six months later petrol was 46c again. The price of petrol is artificially high but the petrol companies have a huge problem that we all now know about. They HAVE to produce. You cannot turn a refinery or well off and on as required, they tend to not like that so if the price is too high demand falls and people look at alternatives which will cost the profiteering oil companies $lots as they have nowhere to store the excess. Please note that if the $AUD was still in the .90s USD petrol would be under 99c/litre...... |
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03-11-2008, 02:05 PM | #9 | ||
King of the Fairy's.
Join Date: Jan 2007
Location: CeeeeeTown.
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I've only ever payed less then $1/L for petrol once in my life. I can't imagine it any other way :
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03-11-2008, 02:42 PM | #10 | |||
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03-11-2008, 02:56 PM | #11 | ||
Meep Meep
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Location: Southside
Posts: 1,513
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Nope Aussie dollar is down against everything, give it 6 months and PK will be all over the radio talking about how the AUD is correcting our ecconomy and insulating us from the ecconomic blowout.
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03-11-2008, 02:57 PM | #12 | |||
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Quote:
1) Oil prices are always given in USD. 2) The only mony worth less than ours is kiwi dollars and some third world pesos. In May I went to China and was getting 7.3 HKD now it is something like 4.3..... |
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03-11-2008, 03:21 PM | #13 | |||
Banned
Join Date: Jun 2008
Posts: 1,054
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Quote:
Filled the FPV up this morning with 98ron and was thinking to myself 1.39..geee thats cheap, then I thought about how we got brain washed into paying high prices. :evil3: |
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03-11-2008, 03:30 PM | #14 | ||
Powered by Marshall
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Posts: 1,143
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[QUOTE=flappist]Well....
1) Oil prices are always given in USD. QUOTE] True however directly irrelevant. AUD fuel prices are based on the Mogas 95 price (TAPIS OIL PRICE) which dosnt directly move with the movements in the USD. The Singapore stocks are only starting to rise now even though the price per barrel in USD has been down for awhile. Hence we are only seeing price decreases at the pump now. (Less 2 weeks of price gouging by the oil majors) I think though that OPEC is determined to have a price between $70 USD and $90 USD (their statement today) so it will rise probably another 5% or so. HOWEVER I am certain the crazy $150 USD prices were only ever a result of speculators. Most are now broke or out of business so hopefully its back to more stable and reasonable prices.
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03-11-2008, 03:40 PM | #15 | ||
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Don't forget that the 99c/l that the independants had was E10, not regular unleaded. Good on 'em for trying though.
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03-11-2008, 04:04 PM | #16 | ||
Lion Tammer
Join Date: Oct 2008
Posts: 341
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Just seen on the local news PP $1.16, so there might be a chance but i doubt it will go as low as a buck a ltr
Yeah i remember starting out paying 30c a litre them were the day's, even then i would hunt around for cheap fuel LOL |
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03-11-2008, 04:09 PM | #17 | ||
OMGORDZ
Join Date: Jun 2007
Location: SE, Melbourne
Posts: 2,352
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hey, BP's ultimate used to be a flat rate 10c per litre more.... same with caltex, same with shell.
why was bp's ultimate 12.5c more on the weekend??? |
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03-11-2008, 04:13 PM | #18 | ||
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Location: Sunshine Coast
Posts: 1,250
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I cant understand why petrol hasnt gone back down to $1 per litre......the price of oil has dropped something like 40% in the last 6 months so why hasnt the price of fuel done the same .
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03-11-2008, 04:15 PM | #19 | |||
Lion Tammer
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03-11-2008, 06:44 PM | #20 | ||
The Vengeful One
Join Date: Apr 2006
Location: Tazzy
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All the talk about paying $2 a litre or more by xmas was just plain and simply scare tatics! Things like this are on a cycle!, they go up to a point where people think the end of the world is looming, then a few months later, things start to fall again! its just how the world works lol!
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03-11-2008, 07:14 PM | #21 | ||
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Yay another petrol price thread :togo:, there was one afew weeks back on the drop in prices.
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04-11-2008, 03:49 AM | #22 | |||
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04-11-2008, 12:11 PM | #23 | |||
Peter Car
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Any reduction in oil price is just being replaced with the failing economy, which is actually making a bigger dint in sales than what high oil prices did. |
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04-11-2008, 02:29 PM | #24 | ||
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Article: Ford Rethinks Truck Pullback.
http://online.wsj.com/article/SB1225...googlenews_wsj Article: Ford Adding Shift At Dearborn Plant To Support 2009 F-150. http://www.trucktrend.com/features/n...150/index.html |
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04-11-2008, 02:30 PM | #25 | |||
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04-11-2008, 03:14 PM | #26 | |||
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04-11-2008, 03:24 PM | #27 | ||
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Article: F-Series Powers Ford To Highest Retail Share In Two Years.
http://uk.sys-con.com/node/733782 The F-series sales have actualy fallen the least of all fords models -16%, and remains the number one selling vehicle in the US, 43,324 sales in oct08. |
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04-11-2008, 03:34 PM | #28 | |||
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04-11-2008, 03:58 PM | #29 | ||
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oil companies are greedy sod`s with out any doubt, but for every dollar of petrol sold 50% ends up in the governments piggy bank for the bowser price, then 10% for gst on top i`m guessing, if it was`nt for the population having a winge and goin outa buisness the polly`s would`nt give a rats, too me whats even more laughable was during the high price time some polly`s were talking about a 3 cent per litre concession, oh joy quick break out the champagne 3 cents a litre, it would surprise me if the price went past $2.00 a litre because the knee jerk reaction people stop buying fuel and car`s, my bet is they will try for a comfort zone price and will try and keep it under $.2.00.
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04-11-2008, 05:43 PM | #30 | ||
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Still $1.45 here.
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