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zonavar68 · 56-60, M
Here in Australia the oil companies put the retail prices of fuel up by anywhere between 20 and 30 cents per litre overnight. I filled up my car with 50 L of 98 RON fuel for just under $1.90 per litre. Next day I drive past the same site, and the price of 95 RON is $1.95 per litre (so 98 would be like $2.15 or higher per litre).
What the Cult of Net Zero zealots don't realise is that even ZEV/BEV's still highly depend on oil and other non-renewable resources for nearly every aspect of their manufacturing, so they might think they win by not having to buy petrol or diesel, but high energy prices flow through to everything else, especially to electricity transformation, distribution and supply.
What the Cult of Net Zero zealots don't realise is that even ZEV/BEV's still highly depend on oil and other non-renewable resources for nearly every aspect of their manufacturing, so they might think they win by not having to buy petrol or diesel, but high energy prices flow through to everything else, especially to electricity transformation, distribution and supply.
swirlie · 31-35
@zonavar68
The real reason your gas has risen so high overnight is because Australia imports 90% of it's fuel from Asia (gas, diesel and jet fuel), which means Australia is totally dependent on other countries keeping Australia supplied with fuel.
The fuel that Australia gets from Asia is refined from crude oil that Asian countries import from the Middle East (Iran, Saudi Arabia, Iraq).
With the closure of the Strait of Hormuz between the Persian Gulf and the Gulf of Oman, crude oil tankers cannot exit the Gulf to transport their oil across the ocean to Asia where it is then refined and then exported as finished fuel products to places like Australia.
When Middle East oil stops flowing, Australia fuel prices will then spike.
In Canada for example, the price of fuel is still the same today after 4 days of war, as it was a year ago. This is because Canada is awash with crude oil and oil refineries and does not import crude oil nor refined oil products that originated in the Middle East.
The real reason your gas has risen so high overnight is because Australia imports 90% of it's fuel from Asia (gas, diesel and jet fuel), which means Australia is totally dependent on other countries keeping Australia supplied with fuel.
The fuel that Australia gets from Asia is refined from crude oil that Asian countries import from the Middle East (Iran, Saudi Arabia, Iraq).
With the closure of the Strait of Hormuz between the Persian Gulf and the Gulf of Oman, crude oil tankers cannot exit the Gulf to transport their oil across the ocean to Asia where it is then refined and then exported as finished fuel products to places like Australia.
When Middle East oil stops flowing, Australia fuel prices will then spike.
In Canada for example, the price of fuel is still the same today after 4 days of war, as it was a year ago. This is because Canada is awash with crude oil and oil refineries and does not import crude oil nor refined oil products that originated in the Middle East.
whowasthatmaskedman · 70-79, M
@zonavar68 As luck would have it, this is hitting when we are at the top of the fuel price cycle. I wont bother. It will take me more than a month to use my tank...I just filled last week..😷
zonavar68 · 56-60, M
@whowasthatmaskedman My diesel 4wd is full as well and it will be good for at least a month before needing a top-up.
swirlie · 31-35
@zonavar68
...then why are you complaining? Amortize the increase in price over 30 days to see how little that increase is actually costing you.
A 25 cent increase in fuel cost x 100 liters of diesel = $25 per month increase in operating cost, divided by 30 days = 83 cents per day increase in fuel operating cost, which is less than a cup of coffee per day.
If you ration yourself and do without one coffee per day for the next 30 days, you should be able to survive the war in Iran without declaring personal bankruptcy.
...then why are you complaining? Amortize the increase in price over 30 days to see how little that increase is actually costing you.
A 25 cent increase in fuel cost x 100 liters of diesel = $25 per month increase in operating cost, divided by 30 days = 83 cents per day increase in fuel operating cost, which is less than a cup of coffee per day.
If you ration yourself and do without one coffee per day for the next 30 days, you should be able to survive the war in Iran without declaring personal bankruptcy.
whowasthatmaskedman · 70-79, M
@swirlie I was in lockstep with you, until the give up a cup of coffee part....😷
zonavar68 · 56-60, M
@swirlie I still think fuel is very cheap in reality, despite Australia having only two operating refineries left (one in Vic, one in WA) and all other states bulk importing pre-refined fuels mostly from I think Singapore. I do not know much much crude oil is extracted by Australian oil/gas operations currently - perhaps very little.
The EV crowd think they are winning, but that's just a perception and you need to be fortunate to have the right mix of circumstances for owning (not leasing, but outright owning) an EV to be cost-competetive with the TCOO for a non-EV.
BTW I rarely if ever *buy* coffees - I'm a MMO (Make My Own) coffee person even at work. Black, strong, one flat spoon of raw (not white/processed) sugar. Definitely *no moo poison*.
The EV crowd think they are winning, but that's just a perception and you need to be fortunate to have the right mix of circumstances for owning (not leasing, but outright owning) an EV to be cost-competetive with the TCOO for a non-EV.
BTW I rarely if ever *buy* coffees - I'm a MMO (Make My Own) coffee person even at work. Black, strong, one flat spoon of raw (not white/processed) sugar. Definitely *no moo poison*.






