Impact Of Petrol Prices

[SKITTLES]

Is anyone else worried about the ridiculously high petrol prices?

Apparently v-power near woodcroft is going to go up to $1.70/L, and my shell near me is flogging theirs off for roughly $1.65. I picked up BP Ultimate last tank for roughly $1.59 (I think) on Abbot Rd.

Put it this way, when I first bought my Skyline a year and a half ago, I was paying $70 for a full tank. Now I'm paying $79+ for my petrol, and because I've moved to a different skyline that's been abused, I'm pulling 350km/tank for that $80, meaning I'm filling up every three/four days.

And that's weak! I know someone who was going through $200 / week in petrol.

Compared to the year 2000, I'm pretty sure petrol was around 80c? $44 to fill my liner?

Now I have a freeby car my mother gave me; a Hyundai Excel she bought brand new in 2000. When I got it two years ago, I was driving this car around on a $40/week budget... driving 35-40KM a day if I didn't go out cruising with friends, or didn't drive to peoples places.

Now, I couldn't fuel this car on a $40/week budget if I drove even more like a grandma.

My fear is that the increase in petrol prices are going to have a detrimental effect on the tuner scene, causing many of the younger, aspiring car enthusiasts to opt for lightweight, petrol-saving kei-style cars. Consequently, I can see small hatches like my Hyundai, or like the Mazda 3 (which is already popular) becoming a growing sight in Sydney.

Now, I'm all for the introduction of a new scene where the cars are easy on petrol, but some of these cars are ugly and crap to modify.

I'll end my rant there, but I want to hear everyones opinions.

Please don't turn the debate political, I could give two shits about gillard or her carbon tax.

[bentwagon]

...and now we have the carbon tax...

[JDM34]

Solution: Buy piece of shit and keep Skyline as an every now and then car.

[Cowboy1600]

...and now we have the carbon tax...

Which isn't applied to petrol.

/trollfail

[Cowboy1600]

I was paying 80c/litre in 1999 for juice. I was also bringing home roughly $450/week and living comfortably.

I not pay $1.60/litre....but bring home a tad under $1000/week.

It's much of a muchness. If you are worried about fuel consumption, then I don't think a turbo charged 2.5l six is for you.

The more things change, the more they stay the same.

[zebra]

...and now we have the carbon tax...

and we also have 18k tax free threshold instead of 6k....

[nathanau]

I wont be able to afford to breath air with the carbon tax now, much less afford petrol, ive been reading up on the 'oil crisis' over the last 7 years now, it appears as oil resources run dry the cost of petrol will increase. 8 years ago it was predicted that petrol in 2011 would be as much as 5 dollars a litre . That hasn’t happened (yet) but it will continue to head that way and whatever happens, in the end, IF oil continues to run out, the price will rise. That’s why hybrid technologies and other such stuffs are being pursued.

I pay $1.67 a Litre atm for V power and i am spending about 250 to 300 a week using my Slyline as a daily....... but that’s the way it is cause i wont change cars , my solution is to look for more ways to make more money and increase my income streams well into the future. This is what i am working on

Oh and Gilliard or whatever her name is sucks! That’s my none political statement.

[zebra]

your talking about the oil crisis of the 70's and 80's?

[vspecIInur]

The prices have been this high before when v-power was $1.70 per litre. During that time, I was always using v-power racing and paying $1.78-1.83.

[R31Nismoid]

Petrol companies have been abusing the pricing for years.

BP in Vic this week:

2 nights ago: 1.36/L.

Last night: 1.54/L

That's just the cats piss fuel. 18c hike is nothing but a rort. So add 15c or so for 98 and it's just offensive, it's almost $10 a fken tank difference. Which over a year, by buying on 'normal' price days, I could save around $500-$1000 - That's when you know the petrol pricing is up the creek

How prices swing buy such amounts which is totally disproporionate to the price of oil/supply at any given time astounds me.

The ACCC already do sweet fk all about it even with all their "powers", as if they are going to be able to stop it with all the extra work this farce of a carbon tax is going to bring. And i say this irrespective of the extra "funding" the ACCC is "set" to recieve, you can bet your balls it won't be enough so it'll only get worse from here on in as it'll take years for everyone to get their heads around it by which time plenty will have taken full advantage and petrol companies will be one of those.

So whilst petrol pricing wont be directly affected by one of the 19 bills, it will be indirectly IMO.

So overall I'm worried in that they are far higher than they should be.

I'm not worried about the "scene" though, that won't change. More and more people getting licenses each year, as the population grows etc. It's impossible that it will decline at this point. Petrol would need to be $5/L for that kinda impact to occur in todays age.

[pistol-pete]

My fear is that the increase in petrol prices are going to have a detrimental effect on the tuner scene, causing many of the younger, aspiring car enthusiasts to opt for lightweight, petrol-saving kei-style cars.

good. hopefully people will realise if they cant afford to run/maintain/insure a sports car they wont waste theyre money buying one in the first place.

and really, petrol isnt that expensive. US petrol prices are only around 20c cheaper and they produce a lot more oil than us. and most of europe's prices are around 50% higher than ours

[Johnny]

To be honest, i stopped paying attention for a long time now as we cant do anything about it and stress will kill you very fast if you let too many things crowd your mind.

I do remember the days of my p's where 98oct was under a dollar; then again, I was driving alot more (cruises, picking up chicks etc) Today, I barely do 30kms in my gtr a week so it aint too bad and i use a getz as my run around which is nice.

[bentwagon]

I usually fill up at the cheaper price as soon as I am at half tank - then it doesnt seem to hurt as much - I also try to fill up in the morning and get a coffee at the same time, this also makes me feel better

[GTRRKT]

I fill up once every 4-6weeks depending on cruises etc.

Best option is to keep the performance/sports car for the weekends. Not only will you save cash but you'll appreciate driving it more

[zebra]

I only have 1 car atm

but when you have to pay 1k for rego + maintenance on 2nd car, so save a few hundred bucks in fuel bills I don't mind

[Greekos]

i ride a bike, now i use 4x less the amount of fuel the more people who ride motorbikes the better, but not everyone has that choice cause there not that practical, when it comes to passengers bla bla

[Socrates]

hyundai excel daily FTW!

500km from $50!

[Sarumatix]

Cowboy has totally summarised my point of view better than I could have . +1.

[blah_blah]

and we also have 18k tax free threshold instead of 6k....

Not really

Government is just incorporating the Low Income Tax offset into the tax brackets. So works out to be about the same

[Cowboy1600]

Not really

Government is just incorporating the Low Income Tax offset into the tax brackets. So works out to be about the same

Only if you earn less than $30k per year. If you earn more than that then you will gain.

And to say again, the carbon tax is not being placed on fuel.

Edited October 14, 2011 by Cowboy1600