petrol prices could drop to $1 a litre

Australian petrol prices could soon drop to $1 a litre as oil prices plunge

 

https://www.abc.net.au/news/2020-03-09/the-oil-price-plunge-petrol-prices-in-australia-$1-litre/1203...

 

cant see this happening

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petrol prices could drop to $1 a litre

Fuel watch suggests (in my location) $1.22 one end of the suburb, $1.49 at the other

need to fill up today too


Signatures suck.
Message 21 of 38
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petrol prices could drop to $1 a litre

I never used to check fuel prices online but now always do and the savings add up.

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petrol prices could drop to $1 a litre


@davewil1964 wrote:

@rogevibe wrote:

We could have always had relatively lower cost fuel if Govt had have mandated LPG as default fuel with dual-fuel/petrol-only as extra cost option for passenger cars including SUV 

This would have also assisted in balancing trade as LPG is sourced locally. 

 


If LPG was the major fuel, the fuel companies would have sold our production offshore and then shafted us for what they were prepared to let us use.

 

Just like gas. We are pushing towards being the highest producer on the planet. The current title holder rakes in many billions in royalties/taxes. We rake in bugga all because our governments don't want to upset their donors.


The people need to apply themselves like with domestic solar electricity uptake. 

 

Our land mass looks worthy of economic conquest and our low population as easy target -  seemingly 

 

Fortunately we are good at diplomacy and small scale project management - land of the 'fair go" and an unassuming quest for achievement

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petrol prices could drop to $1 a litre


@hannahmallory wrote:

These cents seem so important to you.  I bet you are hoarding toilet paper.



To whom it may concern: some say that " a penny saved , is a penny earnt " and who does not like a pay rise ? 

Message 24 of 38
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petrol prices could drop to $1 a litre

just hearing on radio, petrol jumped from $1.18 to $1.60 overnight!

in adelaide

Message 25 of 38
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petrol prices could drop to $1 a litre

just checked and a few are up to $1.72 while others are $1.20.

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petrol prices could drop to $1 a litre

I went to Adelaide yesterday. One BP had 91 octane unleaded for $1.59 and 200 metres down the road a Liberty was selling unleaded for $1.19  & E10 for $1.15

 

I ended up filling up at another Liberty with E10 for $1.09    Cheapest fuel for a very long time.

Message 27 of 38
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petrol prices could drop to $1 a litre

As so it should - crude is only sold at wholesale approx US$30 per bbl down from US$120 a few years ago

Message 28 of 38
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petrol prices could drop to $1 a litre

Thats a very good price, I managed $1.11 today but I will wait till it goes lower before getting all my jerry cans out. 

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petrol prices could drop to $1 a litre


@eol-products wrote:

Thats a very good price, I managed $1.11 today but I will wait till it goes lower before getting all my jerry cans out. 


Camberra skims  AU$0.423 per Litre in fuel excise , so do not think rrp will drop much below AU$1 regardless of bulk crude 

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