petrol prices @ below $40 barrel crude

[colic2bullsgirlore]

13 December 2014

Growing claims that OPEC is effectively dead, and oil prices could tumble to $50 a barrel in 2015 —sitting at around $60 this week — are fuelling fears that it’s game over for black gold economies, including Russia and Venezuela.

PLUMMETING OIL PRICES: Flying could be cheaper in 2015

PLUNGING OIL PRICES: Share prices decimated

Already motorists are filling up for as little as $1.26 a litre in some states this week, and the NRMA expects the average petrol price to drop to $1.22 by the new year.

crude barrel price 9 December 2015

OIL

37.58

http://www.fuelwatch.wa.gov.au/fuelwatch/pages/home.jspx

average Sydney retail price $

130.9 cents per litre

http://www.aip.com.au/pricing/retail/monthly/index.htm

Please feel free to ask the ACCC and your elected Politician..... why?...... post haste

https://www.accc.gov.au/contact-us

[worldwarverysoon]

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@colic2bullsgirlore wrote:

13 December 2014

Growing claims that OPEC is effectively dead, and oil prices could tumble to $50 a barrel in 2015 —sitting at around $60 this week — are fuelling fears that it’s game over for black gold economies, including Russia and Venezuela.

PLUMMETING OIL PRICES: Flying could be cheaper in 2015

PLUNGING OIL PRICES: Share prices decimated

Already motorists are filling up for as little as $1.26 a litre in some states this week, and the NRMA expects the average petrol price to drop to $1.22 by the new year.

crude barrel price 9 December 2015

OIL

37.58

http://www.fuelwatch.wa.gov.au/fuelwatch/pages/home.jspx

average Sydney retail price $

130.9 cents per litre

http://www.aip.com.au/pricing/retail/monthly/index.htm

Please feel free to ask the ACCC and your elected Politician..... why?...... post haste

https://www.accc.gov.au/contact-us

---

No mystery.The dollar dropped against US$.It was over 80 cents then and is just over 72 now.

[icyfroth]

ULP is currently at $107. 9 here in Sydney

[colic2bullsgirlore]

At Nambucca there are 2 fuel stations servicing about 10 000 people one was 1.429 for 95 ulp the other   was 1.409

At Coffs Harbour the day before yesterday the lowest price was 1.33 for 95 ULP

  http://www.mynrma.com.au/about/latest-weekly-fuel-report.htm Sydney prices

Sydney's last price cycle lasted 15 days, two days longer than the previous cycle. Today is day 16 of the current cycle, with the average price for regular unleaded in Sydney at 113.8 cents per litre (Monday morning). Prices are expected to rise to 133 cents per litre this week.

The most expensive point of the current cycle was Sunday 22 November at 134.8 cents per litre for regular unleaded petrol. The corresponding prices for E10, Premium 95 and Premium 98 were 133.2, 146.7 and 153.3 cents per litre respectively. 

• E10 – a low point of 111 cents per litre and a high point of 131 cents per litre.
• Premium 95 – a low point of 124 cents per litre and a high point of 144 cents per litre.
• Premium 98 – a low point of 130 cents per litre and a high point of 150 cents per litre.     

Sydney's current average diesel price is 122.5 cents per litre. Prices are expected to fall to 122 cents per litre this week. 

[phorum_junkie*]

I have NO problem paying Aus prices for petrol even when it goes up from $1.11 to $1.35 as it did the other day within an hour. When I am back in the UK I have to pay around £1.20 per litre which is Au$ 2.40!