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


@rogevibe wrote:

@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 


The federal government collects taxes and excises, not 'Camberra' or even Canberra.

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petrol prices could drop to $1 a litre


@davewil1964 wrote:

@rogevibe wrote:

@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 


The federal government collects taxes and excises, not 'Camberra' or even Canberra.


Merely a colloquial form in character with Australian standard national laconic style ( common in UK as well ie " Downing Street = residence & office of the Prime Minister ) - nothing to get precious about - as for the typo , probably got distracted by other issues like the town power outage , that was very very untimely  ( town meaning my town of residence ) 

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petrol prices could drop to $1 a litre


@davewil1964 wrote:

Won't be happening in Canberra. According to the majors, who are the only players in Canberra, they don't need to discount. It also seems to cost over 20c/litre to transport fuel 300km up the highway.


This reminds me of when we (the firm I worked for) used to type up the transcripts for Mobil's (?) yearly meetings.  The participants were all multi-millionaires and didn't get where they were by participating in price wars.  The chairwoman apologised at the start of one meeting because they weren't able to book the Sheraton where they usually stayed and they had to settle for the Hyatt, as though it was a third-rate hotel in a back alley.  I can't remember what they talked about but I do remember they hated one independent who had enough money that he wasn't relying on selling petrol for an income and just kept the prices down to keep the others honest (or possibly to annoy them).

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petrol prices could drop to $1 a litre

Petrol stations fail to pass on fuel price cuts despite global oil prices falls due to coronavirus

 

https://www.abc.net.au/news/2020-03-19/coronavirus-retailers-keep-petrol-price-difference-amid-downt...

 

will peter dutton 'come down like a ton of bricks' on petrol profitering?

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petrol prices could drop to $1 a litre

The dollar has gone from 60 cents U.S to 55 cents U.S today. So much for cheap fuel.
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petrol prices could drop to $1 a litre

I have been paying 96.9 so would not expect it to be any cheaper.

 

Have seen some servos charging $1.49 when 5 minutes around the corner is under $1 

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petrol prices could drop to $1 a litre

99c in North Adelaide
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petrol prices could drop to $1 a litre

Have seen on TV 96 cents ( 95.9) - i wonder what LPG is ? 

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