Petrol pricing
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Where I live, petrol seems to go up in price by about 4 cents a week. I remember griping a few months ago that petrol went over $1 a litre, and it's just hit $1.27. Now, I have a good job, and quite a few jobs on the side, and my wife has a reasonable job as well, so to me, it's just less money for cool toys, but I really wonder how people making $25k are getting by. I realise the price of crude oil is going up, and everyone says it's China's fault ( they have increased demand by quite a bit ), I'm not suggesting any great conspiracy. I just wonder how it will affect our way of life, because the price of petrol == the price of EVERYTHING, because every means of transport I can think of uses petrol, one way or the other. One thing I'm sure of, I am glad I didn't let my wife convince me to buy a new 8 seater van about 6 months ago. I feel more inclined to fence the paddocks and buy a horse !!! Is the price of petrol going nuts everywhere else, or is it just here ( Australia ) ? Christian Graus - Microsoft MVP - C++
Christian Graus wrote: I remember griping a few months ago that petrol went over $1 a litre, and it's just hit $1.27. Petrol where I live is around 92p per litre. That is $1.74 (USD) per litre (or $6.50 per US Gallon). In some of the remoter parts of Scotland petrol has been above £1.00 for some time (That's over $7 per US Gallon)
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Where I live, petrol seems to go up in price by about 4 cents a week. I remember griping a few months ago that petrol went over $1 a litre, and it's just hit $1.27. Now, I have a good job, and quite a few jobs on the side, and my wife has a reasonable job as well, so to me, it's just less money for cool toys, but I really wonder how people making $25k are getting by. I realise the price of crude oil is going up, and everyone says it's China's fault ( they have increased demand by quite a bit ), I'm not suggesting any great conspiracy. I just wonder how it will affect our way of life, because the price of petrol == the price of EVERYTHING, because every means of transport I can think of uses petrol, one way or the other. One thing I'm sure of, I am glad I didn't let my wife convince me to buy a new 8 seater van about 6 months ago. I feel more inclined to fence the paddocks and buy a horse !!! Is the price of petrol going nuts everywhere else, or is it just here ( Australia ) ? Christian Graus - Microsoft MVP - C++
Christian Graus wrote: Is the price of petrol going nuts everywhere else, or is it just here ( Australia ) ? Brazil produces roughly the ammount of petrol it needs, so it's not a huge problem for the economy. From time to time, tough, gas prices arise a bit to avoid people buying here and exporting it, so although we (almost) don't buy any petrol from other countries, prices go together with international prices. I see dead pixels Yes, even I am blogging now!
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Where I live, petrol seems to go up in price by about 4 cents a week. I remember griping a few months ago that petrol went over $1 a litre, and it's just hit $1.27. Now, I have a good job, and quite a few jobs on the side, and my wife has a reasonable job as well, so to me, it's just less money for cool toys, but I really wonder how people making $25k are getting by. I realise the price of crude oil is going up, and everyone says it's China's fault ( they have increased demand by quite a bit ), I'm not suggesting any great conspiracy. I just wonder how it will affect our way of life, because the price of petrol == the price of EVERYTHING, because every means of transport I can think of uses petrol, one way or the other. One thing I'm sure of, I am glad I didn't let my wife convince me to buy a new 8 seater van about 6 months ago. I feel more inclined to fence the paddocks and buy a horse !!! Is the price of petrol going nuts everywhere else, or is it just here ( Australia ) ? Christian Graus - Microsoft MVP - C++
its about €1.09 a litre here in Ireland thats $1.75 aus a litre, .74 pence a litre in gbp, $1.33 US a litre, up from around €1 a litre early this year, we have large gas reserves but no oil to speak of, we are starting to fund bio-fuel projects. Regards Ray "Je Suis Mort De Rire"
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Apparently one of the garages in this area is selling unleaded fuel for 95.9p/litre...:omg: For the benefit of our US cousins that's £3.94 or about $6.90 per US gallon... Anna :rose: Riverblade Ltd - Software Consultancy Services Anna's Place | Tears and Laughter "Be yourself - not what others think you should be" - Marcia Graesch "Anna's just a sexy-looking lesbian tart" - A friend, trying to wind me up. It didn't work.
One of my local garages was up to 92.5p/litre yesterday. That is the highest I have personally seen it round here. We are getting a new Tescos in the winter which introduce competition between them and the Safeway garage, hopefully holding prices at a peny or two cheaper than the other garages... until the independants go bankrupt and the supermarkets agree to raise the prices together. :sigh: I had a scary moment the other day. While filling up I noticed that the litre counter was almost in tune with the £ counter. I have to keep checking I am watching the right one. I'm beginning to wonder if it would not be cheaper to ship my car over to the U.S., fill it up with petrol, then ship it back again. :~
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Christian Graus wrote: Is the price of petrol going nuts everywhere else Yes. When I started driving, I paid $.27 per US gallon. In 1973 the Arabs decided to strangle the market and cut off imports to the US. Domestic suppliers told us, and the government confirmed, that the world had, at most, a twenty year supply of crude oil left. That led to an increase to $.70 per gallon, about what the world market was charging at the time. To my small mind, that scarcity justified the increased price, and I gladly paid. Thirty-two years later I find that we are still in no danger of running out of petroleum - the gas companies and my own government both blatantly lied to us all. There is no excuse for the prices we now pay. It can't be justified in any way other than "caveat emptor." Let the buyer beware. As long as we would rather drive our cars than walk, the blood-suckers will continue to raise prices. This is pure capitalism at work. The demand curve is flat, and the supply curve very elastic. In such conditions, it is a seller's market. So long as we choose to pay whatever the suppliers elect to charge for the product, the price will continue to climb. Microsoft is currently enjoying such a market, and we, as developers of MS-compatible products, share in that boon. We help to create it, in fact. It's nothing to be concerned about - just a free market working exactly as free markets are supposed to work. If you don't like the price of petrol, buy a bike instead. If enough of us ride bikes instead of driving to work, the cost of petrol will come down. That, too, is a part of the market system at work.:-D "...putting all your eggs in one basket along with your bowling ball and gym clothes only gets you scrambled eggs and an extra laundry day... " - Jeffry J. Brickley
Roger Wright wrote: As long as we would rather drive our cars than walk, the blood-suckers will continue to raise prices. Unfortunately true. Our 10:00 news aired a gas-related segment the other night. They were at the pump while the owner of a Ford Excursion was filling up. He said it definitely hurts to pay over $90 to fill up but he said it is worth the comfort of the vehicle and had no plans on getting rid of it. That thing is so huge, it is not classified as a "light truck" so the CAFE standards do not apply (one of the reasons you see N/A on review-type sites). At roughly 5 MPG, I think that is unfair to the rest of us.
"One must learn from the bite of the fire to leave it alone." - Native American Proverb
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Apparently one of the garages in this area is selling unleaded fuel for 95.9p/litre...:omg: For the benefit of our US cousins that's £3.94 or about $6.90 per US gallon... Anna :rose: Riverblade Ltd - Software Consultancy Services Anna's Place | Tears and Laughter "Be yourself - not what others think you should be" - Marcia Graesch "Anna's just a sexy-looking lesbian tart" - A friend, trying to wind me up. It didn't work.
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*EVERYWHERE ELSE TOO* I'm ready for Twisted Sister and "We're not gonna take it!" Man that was a great song. I'd sell my leg for that MP3.
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I've got their "Big Hits & Nasty Cuts" "best of" CD. I just happen to need a leg (I prefer the left one), so I'll e-mail you the MP3 as soon as I get your leg. I prefer you use FedEx. :laugh: Jeff Martin My Blog
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Christian Graus wrote: Is the price of petrol going nuts everywhere else Yes. When I started driving, I paid $.27 per US gallon. In 1973 the Arabs decided to strangle the market and cut off imports to the US. Domestic suppliers told us, and the government confirmed, that the world had, at most, a twenty year supply of crude oil left. That led to an increase to $.70 per gallon, about what the world market was charging at the time. To my small mind, that scarcity justified the increased price, and I gladly paid. Thirty-two years later I find that we are still in no danger of running out of petroleum - the gas companies and my own government both blatantly lied to us all. There is no excuse for the prices we now pay. It can't be justified in any way other than "caveat emptor." Let the buyer beware. As long as we would rather drive our cars than walk, the blood-suckers will continue to raise prices. This is pure capitalism at work. The demand curve is flat, and the supply curve very elastic. In such conditions, it is a seller's market. So long as we choose to pay whatever the suppliers elect to charge for the product, the price will continue to climb. Microsoft is currently enjoying such a market, and we, as developers of MS-compatible products, share in that boon. We help to create it, in fact. It's nothing to be concerned about - just a free market working exactly as free markets are supposed to work. If you don't like the price of petrol, buy a bike instead. If enough of us ride bikes instead of driving to work, the cost of petrol will come down. That, too, is a part of the market system at work.:-D "...putting all your eggs in one basket along with your bowling ball and gym clothes only gets you scrambled eggs and an extra laundry day... " - Jeffry J. Brickley
Great explanation. I wish everyone were so rational about it. I get tired of hearing people whine about the prices and wanting the gov't to "do something." It's our own fault. After the 70's rationing episodes, people started buying smaller, more fuel efficient cars. We got used to cheap gas, so people started drifting back to bigger and bigger cars. Now, you can't swing a dead cat without hitting a Hummer, Suburban, Expedition or some other vehicle* that gets 10MPG. If people will pay $2.00/gal, oil companies will raise it to $2.25. If people are still paying that much, they'll go to $2.50 (what it is in my area). It's funny, I don't hear those people whining when their house value goes up 50% (like they have in my area in the past few years) because of demand. *I'm not insulting SUV owners as I am one. My wife drives a GMC Envoy that gets about 17MPG. Jeff Martin My Blog
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Where I live, petrol seems to go up in price by about 4 cents a week. I remember griping a few months ago that petrol went over $1 a litre, and it's just hit $1.27. Now, I have a good job, and quite a few jobs on the side, and my wife has a reasonable job as well, so to me, it's just less money for cool toys, but I really wonder how people making $25k are getting by. I realise the price of crude oil is going up, and everyone says it's China's fault ( they have increased demand by quite a bit ), I'm not suggesting any great conspiracy. I just wonder how it will affect our way of life, because the price of petrol == the price of EVERYTHING, because every means of transport I can think of uses petrol, one way or the other. One thing I'm sure of, I am glad I didn't let my wife convince me to buy a new 8 seater van about 6 months ago. I feel more inclined to fence the paddocks and buy a horse !!! Is the price of petrol going nuts everywhere else, or is it just here ( Australia ) ? Christian Graus - Microsoft MVP - C++
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I just knew that would scare a few people! :laugh: Anna :rose: Riverblade Ltd - Software Consultancy Services Anna's Place | Tears and Laughter "Be yourself - not what others think you should be" - Marcia Graesch "Anna's just a sexy-looking lesbian tart" - A friend, trying to wind me up. It didn't work.
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Christian Graus wrote: buy a horse Seriously, we should ride on horses instead. You will know why when the price of a simple Honda 1.7 litre car here can cost around SGD 75,000(USD 52,500)!:wtf: Christian Graus wrote: Is the price of petrol going nuts everywhere else No idea. I don't own a car. But i do know the cost of horse's food is cheap. :) Weiye Chen Life is hard, yet we are made of flesh...
Weiye Chen wrote: But i do know the cost of horse's food is cheap. As a (former ) horse owner I suggest that you do more research into the true price of owning a pony. You have got vet bills, stable bills ( unless you own a farm ) , exercise bills, etc.. out the wazoo. In my case it was about 350.00 a month. Even with gas at 2.60 a gallon here in Dallas I can drive my SUV ( 18 mpg ) 2400 miles a month - 80 miles a day - for the same price. A horse ain't the answer. Richard In a world of pollution, profanity, adolescence, zits, broccoli, racism, ozone depletion, sexism, stupid guys, and PMS, why the hell do people still tell me to have a nice day? --Unknown
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Roger Wright wrote: As long as we would rather drive our cars than walk, the blood-suckers will continue to raise prices. Unfortunately true. Our 10:00 news aired a gas-related segment the other night. They were at the pump while the owner of a Ford Excursion was filling up. He said it definitely hurts to pay over $90 to fill up but he said it is worth the comfort of the vehicle and had no plans on getting rid of it. That thing is so huge, it is not classified as a "light truck" so the CAFE standards do not apply (one of the reasons you see N/A on review-type sites). At roughly 5 MPG, I think that is unfair to the rest of us.
"One must learn from the bite of the fire to leave it alone." - Native American Proverb
DavidCrow wrote: At roughly 5 MPG, I think that is unfair to the rest of us. I owned an Excursion a few years ago ( I own an Explorer now ) and I will assure you that the mpg is far greater than 5 mpg. I get 18 in town and 23 on the highway and there is only a small difference in weight between the Explorer and the Excursion. And I too like them for their comfort and safety in city driving. Richard In a world of pollution, profanity, adolescence, zits, broccoli, racism, ozone depletion, sexism, stupid guys, and PMS, why the hell do people still tell me to have a nice day? --Unknown
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Apparently one of the garages in this area is selling unleaded fuel for 95.9p/litre...:omg: For the benefit of our US cousins that's £3.94 or about $6.90 per US gallon... Anna :rose: Riverblade Ltd - Software Consultancy Services Anna's Place | Tears and Laughter "Be yourself - not what others think you should be" - Marcia Graesch "Anna's just a sexy-looking lesbian tart" - A friend, trying to wind me up. It didn't work.
Anna-Jayne Metcalfe wrote: For the benefit of our US cousins that's £3.94 or about $6.90 per US gallon... And how much of that is tax ? Probably more than 1/2. Richard In a world of pollution, profanity, adolescence, zits, broccoli, racism, ozone depletion, sexism, stupid guys, and PMS, why the hell do people still tell me to have a nice day? --Unknown
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Where I live, petrol seems to go up in price by about 4 cents a week. I remember griping a few months ago that petrol went over $1 a litre, and it's just hit $1.27. Now, I have a good job, and quite a few jobs on the side, and my wife has a reasonable job as well, so to me, it's just less money for cool toys, but I really wonder how people making $25k are getting by. I realise the price of crude oil is going up, and everyone says it's China's fault ( they have increased demand by quite a bit ), I'm not suggesting any great conspiracy. I just wonder how it will affect our way of life, because the price of petrol == the price of EVERYTHING, because every means of transport I can think of uses petrol, one way or the other. One thing I'm sure of, I am glad I didn't let my wife convince me to buy a new 8 seater van about 6 months ago. I feel more inclined to fence the paddocks and buy a horse !!! Is the price of petrol going nuts everywhere else, or is it just here ( Australia ) ? Christian Graus - Microsoft MVP - C++
I just paid $2.51 / gallon 2 days ago. I found it for $2.66 at another station during lunch today. I think we've finally peaked over our early 80's prices even adjusted for inflation. I've cut back on my driving and bought a new programmable thermostat to control home energy costs. BW
Meanwhile, behind the facade of this innocent looking bookstore...
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Christian Graus wrote: Is the price of petrol going nuts everywhere else Yes. When I started driving, I paid $.27 per US gallon. In 1973 the Arabs decided to strangle the market and cut off imports to the US. Domestic suppliers told us, and the government confirmed, that the world had, at most, a twenty year supply of crude oil left. That led to an increase to $.70 per gallon, about what the world market was charging at the time. To my small mind, that scarcity justified the increased price, and I gladly paid. Thirty-two years later I find that we are still in no danger of running out of petroleum - the gas companies and my own government both blatantly lied to us all. There is no excuse for the prices we now pay. It can't be justified in any way other than "caveat emptor." Let the buyer beware. As long as we would rather drive our cars than walk, the blood-suckers will continue to raise prices. This is pure capitalism at work. The demand curve is flat, and the supply curve very elastic. In such conditions, it is a seller's market. So long as we choose to pay whatever the suppliers elect to charge for the product, the price will continue to climb. Microsoft is currently enjoying such a market, and we, as developers of MS-compatible products, share in that boon. We help to create it, in fact. It's nothing to be concerned about - just a free market working exactly as free markets are supposed to work. If you don't like the price of petrol, buy a bike instead. If enough of us ride bikes instead of driving to work, the cost of petrol will come down. That, too, is a part of the market system at work.:-D "...putting all your eggs in one basket along with your bowling ball and gym clothes only gets you scrambled eggs and an extra laundry day... " - Jeffry J. Brickley
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DavidCrow wrote: At roughly 5 MPG, I think that is unfair to the rest of us. I owned an Excursion a few years ago ( I own an Explorer now ) and I will assure you that the mpg is far greater than 5 mpg. I get 18 in town and 23 on the highway and there is only a small difference in weight between the Explorer and the Excursion. And I too like them for their comfort and safety in city driving. Richard In a world of pollution, profanity, adolescence, zits, broccoli, racism, ozone depletion, sexism, stupid guys, and PMS, why the hell do people still tell me to have a nice day? --Unknown
I am in no position to argue with you as I have no empirical data. All I can go by is the Ford Web site, which lists nothing since the vehicle does not qualify, and the several consumer-related sites I visited all indicated the same thing...very poor fuel economy. One site actually mentioned 3.7 MPG. I have a very small gasoline V8 in a vehicle that weighs just a bit over two tons. I've never gotten over 20 MPG with it. To add almost 1500 pounds to that, and at least another liter of engine capacity, and still get 3 more MPG is incredible.
"One must learn from the bite of the fire to leave it alone." - Native American Proverb
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I just paid $2.51 / gallon 2 days ago. I found it for $2.66 at another station during lunch today. I think we've finally peaked over our early 80's prices even adjusted for inflation. I've cut back on my driving and bought a new programmable thermostat to control home energy costs. BW
Meanwhile, behind the facade of this innocent looking bookstore...
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Apparently one of the garages in this area is selling unleaded fuel for 95.9p/litre...:omg: For the benefit of our US cousins that's £3.94 or about $6.90 per US gallon... Anna :rose: Riverblade Ltd - Software Consultancy Services Anna's Place | Tears and Laughter "Be yourself - not what others think you should be" - Marcia Graesch "Anna's just a sexy-looking lesbian tart" - A friend, trying to wind me up. It didn't work.
But the UK is so small you can drive right across it on one tank of petrol ;) Steve T
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Inlation indexed oil prices peaked at $>94/barrel in 81, so while we're getting close it's not quite that bad yet.
yup, heard that too. I was just looking at gas pump pricing. still well under our prior peaks. Of course, we import much more today than we did then. BW
Meanwhile, behind the facade of this innocent looking bookstore...
