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

[STV4SYT]

Just noticed this morning on the way into work, Todd Rd Servo, which is usually the cheapest around here 139.9 for ULP and 169.9 for Diesel. thats over $90 to fill it up!!!

Time the ACCC upped their act.

http://www.accc.gov.au/content/index.phtml/itemId/54217

Follow the link to lodge a complaint and hopefully get something done about this gouging as they call it.

Cheers

Steve

[Logzy]

it really is absolute BS.
8 months ago Diesel was around + or minus 5c.
Now its 25c to 30c dearer.

I have followed the link to the toothless tiger who watches and does nothing, fo what its worth.

[STV4SYT]

Yep, ive been driving diesels in this country for about 3 years, and all along the diesel has been around and about the same as ULP, it has historically stayed pretty static with none of the weekly cycles just increasing as the median ULP increases and falling again when ULP falls. It has stopped falling.

What really surprises me is that there isnt more shouting coming from the transport industry.

Its got to be hurting them a lot more than it's hurting us.

[neil]

Yep, ive been driving diesels in this country for about 3 years, and all along the diesel has been around and about the same as ULP, it has historically stayed pretty static with none of the weekly cycles just increasing as the median ULP increases and falling again when ULP falls. It has stopped falling.

What really surprises me is that there isnt more shouting coming from the transport industry.

Its got to be hurting them a lot more than it's hurting us.

Might I suggest you petrol lovers complain as well.
Its Diesel trucks that deliver your cars, fuel and groceries.
The increase on everything is being blamed on higher transport costs and thats
because of the increase of diesel costs.

[Roobuls]

When crude oil comes into a refinery the refining process commences and the crude oil gets converted to useable fuel. The first stage of the process is that diesel is made. Then that is refined further to make petrol and other things. So it's not the refining process that is costing more !!!

[Greg Roles]

Fair enough, but this is like paying a premium for a 2008 wine, vs something 10 years old. It's bullocks all round. I too followed the link, and all i can say is shop off the beaten track, I have found diesel even at BP 10 cents a litre cheaper in out of the way suburbs compared to the main road BP's on the same day. I am filling when I see a price rather than the car letting me know!

[OvaltoJetta]

Diesel in Perth

I paid 164.9 last Friday after searching the WA fuelwatch website (soon to be implemented nationally). I refused to pay 179.9 (until I'm forced to) that I saw when going to fill up at BP.

But at less than 10c per klm, the Jetta is still cheaper to drive per klm than a petrol Corolla.

[VW Convert]

But at less than 10c per klm, the Jetta is still cheaper to drive per klm than a petrol Corolla.

Not to mention much more fun too!

Cheers

George

[STV4SYT]

Cheapest today is

BP corner Heatherton Road and Hosken Street Springvale South 3172 161.9

Im just glad i got 3/4 tank left. should get me past pay day.

[GoLfMan]

i cant believe the Aussi government isnt cracking down on this!
as has been said before all our transport industry is reliant on diesel, and its the cheapest to produce!

i think the oil complanies are just taking advantage of the fact that diesel passenger cars are becoming more popular

[Greg Roles]

I think it's more the fact the transport industry is mainly all locked into contracts for fuel, and the rest of diesel users form a small minority. As oil prices rise, they can ease off the rise on the ULP majority, and squeeze the heck out of the diesel minority. It's all down to money and who will complain the loudest, in MHO anyway.

Or you can believe the China demand story....

[cetane]

Supply and Demand

Knowns:
* Diesel engines are cheaper to run than petrol engines
* Diesel costs less to refine than petrol
* Because petrol is less dense than diesel, you get more volume from a given volume of crude when you refine it into petrol than you do if you refine it into diesel
* In other countries (particularly in SE Asia and Europe) diesel is king. It has been for years and years, it's we who are catching up
* Go back 20 or 30 years and diesel was always about 10c cheaper per litre than petrol

IN ASIA THE POPULATION IS BURGEONING AND THE EMERGING MIDDLE CLASSES ARE BUYING....DIESEL CARS!

So, it comes down to supply and demand. Our oil price is governed by the Tapis (Singapore) oil price. Automatically we pay more per barrel than the US spot price. Add this all together and you get high prices. You can't blame the Aussie government for diesel prices in isolation as it applies to ALL products of crude oil. If you want to blame anybody, focus on the Asian consumer, the lack of oil refining capacity, the knowledge that oil is running out and the hedge funds and speculators that are using oil as currency because the US dollar is so weak.

Unknowns:
* Just how high the price of diesel Will go..................

[gldgti]

Knowns:
* Diesel engines are cheaper to run than petrol engines
* Diesel costs less to refine than petrol
* Because petrol is less dense than diesel, you get more volume from a given volume of crude when you refine it into petrol than you do if you refine it into diesel
* In other countries (particularly in SE Asia and Europe) diesel is king. It has been for years and years, it's we who are catching up
* Go back 20 or 30 years and diesel was always about 10c cheaper per litre than petrol

IN ASIA THE POPULATION IS BURGEONING AND THE EMERGING MIDDLE CLASSES ARE BUYING....DIESEL CARS!

So, it comes down to supply and demand. Our oil price is governed by the Tapis (Singapore) oil price. Automatically we pay more per barrel than the US spot price. Add this all together and you get high prices. You can't blame the Aussie government for diesel prices in isolation as it applies to ALL products of crude oil. If you want to blame anybody, focus on the Asian consumer, the lack of oil refining capacity, the knowledge that oil is running out and the hedge funds and speculators that are using oil as currency because the US dollar is so weak.

Unknowns:
* Just how high the price of diesel Will go..................

all true -

and i'd add that a similarly high demand for diesel distillate comes from the war effort in the middle east - the whole US armed forces runs on jet A kerosene (nice clean light diesel) and they are burning up a huge amount right now.

[Logzy]

all true -

and i'd add that a similarly high demand for diesel distillate comes from the war effort in the middle east - the whole US armed forces runs on jet A kerosene (nice clean light diesel) and they are burning up a huge amount right now.

Last time i checked tanks run on normal everyday diesel.

[TDI Dude]

Knowns:
* Diesel engines are cheaper to run than petrol engines
* Diesel costs less to refine than petrol
* Because petrol is less dense than diesel, you get more volume from a given volume of crude when you refine it into petrol than you do if you refine it into diesel
* In other countries (particularly in SE Asia and Europe) diesel is king. It has been for years and years, it's we who are catching up
* Go back 20 or 30 years and diesel was always about 10c cheaper per litre than petrol

IN ASIA THE POPULATION IS BURGEONING AND THE EMERGING MIDDLE CLASSES ARE BUYING....DIESEL CARS!

So, it comes down to supply and demand. Our oil price is governed by the Tapis (Singapore) oil price. Automatically we pay more per barrel than the US spot price. Add this all together and you get high prices. You can't blame the Aussie government for diesel prices in isolation as it applies to ALL products of crude oil. If you want to blame anybody, focus on the Asian consumer, the lack of oil refining capacity, the knowledge that oil is running out and the hedge funds and speculators that are using oil as currency because the US dollar is so weak.

Unknowns:
* Just how high the price of diesel Will go..................

Another factor in diesel pricing from Singapore, it that the largest consumer of diesel in Asia is the power industry. The oil companies charge what they want and the big power companies pay it as they have no choice. Further to that... here in Australia all the transport companies get a 15 cents per litre rebate from the Government, this applies to all vehicles over 5 tonnes tare only. So guess who's making lots and lots of money???? Yep you guessed boys and girls a) the oil companies and b) the Australian Government via taxes on diesel. Also the rebate for the transport industry is only given to them as an offset to their quarterly BAS statements (GST).

And you wonder why the watch pussy of a government agency is going to worry about diesel pricing when it affects how many every day citizens???? And on the flip side raises so much more revenue for the government without having to lift a finger or make one new policy statement that maybe seen as hurting their chance for re-election.

Lets face it my diesel friends we use less, pollute less and we pay the most... hmmm doesnt seem right does it!!!