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Fuel Watch

rubzy

By rubzy,
in South Australia

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Inline 6 Grand Master

Inline 6

Posted
Posted (edited)
The only way that fuel may come down is if the world's biggest user of the stuff (ie USA) continues to suffer in their current recession and starts to cut back on their importation from the Saudis & Venezuala. That's the only way the oil countries will drop the price per barrel but as long as the demand is there, so will the prices increase.

sounds like someone else has done microeconomics as well :domokun: yeah they set there supply low on purpose to ensure the price remains high all monopoly's do it. apparently the diamond market is the worst of all markets with only 1 place you can get it from.

if they were a bunch of companys in australia their colluting would be illegal and the accc would give them a spanking but because were talking countrys way out of our control its allowed to happen so they can afford to make real silver cars and live in palaces n such.

start buying electric cars people and that will shoot the price down real fast in an effort to make people stop going for alternate energy's

Edited by Inline 6
SLED Grand Master

SLED

Posted
Posted
sounds like someone else has done microeconomics as well :domokun: yeah they set there supply low on purpose to ensure the price remains high all monopoly's do it. apparently the diamond market is the worst of all markets with only 1 place you can get it from. Africa.....but its funny how diamonds haven't gone up at the same scale as gold in recent years.......same old story, if you take the demand away.....

if they were a bunch of companys in australia their colluting would be illegal and the accc would give them a spanking yeah, shame the ACCC will never ever be able to prove collusion against the oil companies but because were talking countrys way out of our control its allowed to happen so they can afford to make real silver cars and live in palaces n such.

start buying electric cars people and that will shoot the price down real fast in an effort to make people stop going for alternate energy's yeah, here, here......even farmers have stopped planting crops for food and are now planting corn and the likes for ethanol and other alternatives.......more & more countries are going to run out food and will have to start importing grain etc that they never had to do in the past

4door_Sleeper Veteran

4door_Sleeper

Posted
Posted (edited)
sounds like someone else has done microeconomics as well yeah they set there supply low on purpose to ensure the price remains high all monopoly's do it. apparently the diamond market is the worst of all markets with only 1 place you can get it from. Africa.....but its funny how diamonds haven't gone up at the same scale as gold in recent years.......same old story, if you take the demand away.....

Isnt it all traded in Holand? Mining is mainly in Africa, but trading occurs in Holland (or was it NY)

if they were a bunch of companys in australia their colluting would be illegal and the accc would give them a spanking yeah, shame the ACCC will never ever be able to prove collusion against the oil companies but because were talking countrys way out of our control its allowed to happen so they can afford to make real silver cars and live in palaces n such.

ACCC is a toothless tiger. My mother used to work as a secretary for Shell years ago, and every week (month?) they would get together with the other petrolium companies and discuss pricing (no official minutes were kept though). I doubt the practices have changed, but its all kept on the QT.

Edited by 4door_Sleeper
bezender Grand Master

bezender

Posted
Posted
sorry to all thoughs who think that bp altimate is better then shells vmax

cos its not

v max is proven the "best" quatily fuel on the road

BP is full of s*** dont get it...... BP has the worst fuel only in it 4 the dollar

yer but really i lost a motor to BP ultimate.....

fresh outta ns.com ?

:)

Nightcrawler Grand Master

Nightcrawler

Posted
Posted
sorry to all thoughs who think that bp altimate is better then shells vmax

cos its not

v max is proven the "best" quatily fuel on the road

BP is full of s*** dont get it...... BP has the worst fuel only in it 4 the dollar

yeah ZOMFG. I have used BP Ultimate in my 200rwkw S15 and 230rwkw R34 for around 5 years now and never has a single problem.

When this 'wonderful' Vmax came out, I thought I would try it out. My car pinged so farken hard the first time I gave it a little, I siphoned the whole tank out, threw the shite away, and went and filled up at BP.

And yes, Pete couldn't be more spot on with his analysis. The price of fuel is triggered by a 1,350% price increase in crude from 1998 and now. Yes that's right kids - crude cost US$10 a barrel in 1998! Current price is around US$135 per barrel, compared with US$88 per barrel 1 year ago. Current forecast for 1 years time is $174 per barrel :)

Regarding the email this topic is about (which I got from at least 10 uninformed people), if the whole of Australia never bought a single barrel of oil again, it would have zero affect on the world market for oil, as the whole of Australia's consumption would not even appear as a blip on their radar.

But, yes, as pointed out, there most certainly is a lot of collusion that goes on between Aus oil companies ....

boycotting one company's fuel would do absolutely jack ....

Jas033 Community Regular

Jas033

Posted
Posted

What a load of piss this thread is, I use to work for BP, they will NOT lower fuel prices if you got hundreds of people refusing to buy there petrol, they are a multi-million dollar company and dont only profit from fuel prices.... Who ever thought that up sorry but it aint happening!!!!

In my oppinion ultimate is the best possible fuel for our type of cars, everyone has there preferances but Im sure the majority rules with that one. :)

SLED Grand Master

SLED

Posted
Posted
If we hold out on buying fuel today we will buy 2x tomorrow.

Unless you sacrifice the heater in the morning and catch the bus. :D

yeah, bugger that :)

can you imagine me hijacking a bus each day to do obs......i'd never stand out :laughing-smiley-014:

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