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View Full Version : Petrol price up to a new high ($2.16)



jafar
8th March 2011, 04:44
$2.16 for unleaded 91, $1.55 for diesel. They are really taking the piss :angry:

White trash
8th March 2011, 06:16
That's not a new high. I seem to remember it being up around 2.25/L before.

Maha
8th March 2011, 06:25
Interesting that last week the price of petrol at Kaiwaka Caltex was $2.05? and at Snells beach Gull it was $1.99...probably changed now but point is, why the difference in the first place? Kaiwaka cant blame cartage, its on SH1 and closer to Masrden Point than Snells beach.

p.dath
8th March 2011, 06:40
Interesting that last week the price of petrol at Kaiwaka Caltex was $2.05? and at Snells beach Gull it was $1.99...probably changed now but point is, why the difference in the first place? Kaiwaka cant blame cartage, its on SH1 and closer to Masrden Point than Snells beach.

Marsden point is a refinery. You might find they don't ship from their directly to the end service stations. They probably only ship to distribution points, and I wouldn't be surprised is the nearest distribution point is Auckland.

Also Gull imports their fuel, and doesn't use the refinery. Caltex probably does use the refinery.

So there are lots of reasons why the price of those two might be different.

oneofsix
8th March 2011, 06:42
Interesting that last week the price of petrol at Kaiwaka Caltex was $2.05? and at Snells beach Gull it was $1.99...probably changed now but point is, why the difference in the first place? Kaiwaka cant blame cartage, its on SH1 and closer to Masrden Point than Snells beach.

Found similar in Palmy years ago so asked the Gull owner. The other brands stick their prices up straight away whereas Gull didn't raise theirs until after the days trading. Don't know if it is still the same.
Personally I don't think they should be allowed to raise the price until the next fill.

lone_slayer
8th March 2011, 07:04
I paid 2.02 at gull this morning and in town it was 2.10

scumdog
8th March 2011, 07:06
Filled up the Thunderbird on Sunday - used my New World 20c a litre discount and it STILL cost $135...:shit:

Big Dave
8th March 2011, 07:13
Ride motorcycle. Don't care.

Devil
8th March 2011, 07:35
Ride motorcycle. Don't care.

My thoughts exactly.

rainman
8th March 2011, 07:56
$2.16 for unleaded 91, $1.55 for diesel. They are really taking the piss :angry:

AA's opinion: learn to do without:
http://www.nzherald.co.nz/transport/news/article.cfm?c_id=97&objectid=10710594


"We have to get used to the idea that as global demand increases and supply doesn't, we are going to be facing these kinds of price fluctuations, and whenever any little crisis comes along it's going to lead to price spikes," he said.

"The only way we can manage that is by reducing our consumption."

Of course, some of us smartarses have been saying for some time that this is going to happen. Last time the oil price rushed up the economy was booming. This time, not so much. Might hurt a bit more. Perhaps we will listen then, but maybe not.


Ride motorcycle. Don't care.

And, yes, kinda. Actually, I ride motorcycle or drive insanely small car, don't care directly. But it's the second-order effects that will do us: fuel price increase=food price increase, for the most visible.

Question: What would happen to NZ if say, oil was two hundy plus a barrel, and petrol was $3.50/l, for 4 months? 6 months? What would you do in response?

Whynot
8th March 2011, 08:01
Question: What would happen to NZ if say, oil was two hundy plus a barrel, and petrol was $3.50/l, for 4 months? 6 months? What would you do in response?

I think i would probably freak out

onearmedbandit
8th March 2011, 08:04
Question: What would happen to NZ if say, oil was two hundy plus a barrel, and petrol was $3.50/l, for 4 months? 6 months? What would you do in response?

Ride my motorcycle. And drive my car. The cost of fuel doesn't change the fact I still want/need to get around. And the fuel companies know that.

rainman
8th March 2011, 08:08
I think i would probably freak out

You would not be alone, I think.


Ride my motorcycle. And drive my car. The cost of fuel doesn't change the fact I still want/need to get around. And the fuel companies know that.

Would your expenditure on other things not have to change?
Would you not ride/drive a bit less - y'know, in the "need" cases rather than the "want" cases?

onearmedbandit
8th March 2011, 08:14
Would your expenditure on other things not have to change?
Would you not ride/drive a bit less - y'know, in the "need" cases rather than the "want" cases?

Sure, there is less discretionary spending money about, but I'd say currently 90% of my driving/riding is a classed as a need, the other 10% is for pleasure. I can still cope with that.

Drunken Monkey
8th March 2011, 08:17
That's not a new high. I seem to remember it being up around 2.25/L before.

Probably for high octane, 2008 petrol price high was $2.19 for 91.

I say bring it. Get the paupers off the roads.

NinjaNanna
8th March 2011, 08:18
Question: What would happen to NZ if say, oil was two hundy plus a barrel, and petrol was $3.50/l, for 4 months? 6 months? What would you do in response?

Hobbies go first, so no more lugging my horse around the north island playing polocrosse, if things are still tight next the motorbike goes, it might be fuel efficient but when it costs $60 to fill its tank it might well be a luxury to far.

If after the hobbies are gone and life is still too expensive then I'd start going to farmers markets to get our locally grown, in season produce instead of using the supermarkets.

After that I'd start using my company car to do the school run and drop Mrs NN at work instead of running 2 cars.

After that I'd sell up and move back to OZ, screw the NZ peso.

Drunken Monkey
8th March 2011, 08:22
After that I'd sell up and move back to OZ, screw the NZ peso.

AU$ 1.479 / L in Brisbane at the moment. That's like a million south pacific pesos, innit? Or NZ$1.94 / L.

NinjaNanna
8th March 2011, 08:26
I say bring it. Get the paupers off the roads.

There is some merit to this. If we reduced traffic congestion, then we could forego quite a few major road projects allowing us to repay the council and National debts. The country would be more productive too if people weren't spending 2hrs + a day in slow moving carparks.

Also high oil prices and high interest rates are the only things that will significantly curb our consumer driven madness getting us to consume less thus creating less waste and less polution.

Bald Eagle
8th March 2011, 08:27
Well I'll be damned if I'll use Wellingtons comical train system, so might have to cut back on the red wine to keep the commuter on the road.

Drunken Monkey
8th March 2011, 08:31
There is some merit to this. If we reduced traffic congestion, then we could forego quite a few major road projects allowing us to repay the council and National debts. The country would be more productive too if people weren't spending 2hrs + a day in slow moving carparks.

Also high oil prices and high interest rates are the only things that will significantly curb our consumer driven madness getting us to consume less thus creating less waste and less polution.

Erm yes, that's what I meant. It was...my green conscience. Ya know, let's all eat tofu and ride bicycles, man. *cough*

NinjaNanna
8th March 2011, 08:35
AU$ 1.479 / L in Brisbane at the moment. That's like a million south pacific pesos, innit? Or NZ$1.94 / L.

I could earn the same salary in AUD living in Australia as I earn here in NZD, so the question is do I want to pay $1.47/L from my pay for fuel or $2.19/L

I moved here from Aus because I was looking for a new adventure and the job offer was outstanding, I choose to stay here because I love the country and the lifestyle.

I'd only move back to Aus if the lifestyle became unacceptable ie if fuel prices rose so high that I needed to start taking my wife and kids to school and I could no longer afford the hobbies that I so enjoy.

Bald Eagle
8th March 2011, 08:37
Erm yes, that's what I meant. It was...my green conscience. Ya know, let's all eat tofu and ride bicycles, man. *cough*

now thats scary - eating tofu and catching public transport - anybody got a hair shirt .:sick:

superman
8th March 2011, 08:41
I'll complain at $4 a litre, let's hope by then there are some decent breakthroughs in electric/alternative energy technology. :yes:

Big Dave
8th March 2011, 08:47
What would you do in response?

Ride Motorcycle. Work harder.

Gone Burger
8th March 2011, 08:51
$2.16 / litre for 91 - ouch alright. I was already spending about $120.00 per week on gas in the car, just to get to and from work. So, now I will be looking at riding to work right through winter to try and cut that cost down a bit on what ever bike I get next. Have moved house so not as much need to worry about black ice for the first 20 minutes of the journey, only the first 5 minutes. Had better invest in some warmer riding gear.

Catching the train for me (after driving to the station) works out to be a very similar cost than driving, and adds an extra hours travel time to my day. So it aint gonna happen. Just going to have to keep sucking up these price rises an make cuts elsewhere. Time to knucle down for many I'm sure.

NinjaNanna
8th March 2011, 08:51
I'll complain at $4 a litre, let's hope by then there are some decent breakthroughs in electric/alternative energy technology. :yes:

You'll be complaining a lot earlier than then when you get to the stage of trying to feed and put a roof over your family.

Drunken Monkey
8th March 2011, 08:55
I could earn the same salary in AUD living in Australia as I earn here in NZD, so the question is do I want to pay $1.47/L from my pay for fuel or $2.19/L

I think that's true for most NZ'ers. Actually, I think I could get more, in Aussie dollars, doing the same thing.


I moved here from Aus because I was looking for a new adventure and the job offer was outstanding, I choose to stay here because I love the country and the lifestyle.

I grew up there, I don't think Australia is that different to here really. A lot of people would disagree.


I'd only move back to Aus if the lifestyle became unacceptable ie if fuel prices rose so high that I needed to start taking my wife and kids to school and I could no longer afford the hobbies that I so enjoy.

Looks like we're well on our way...

Indiana_Jones
8th March 2011, 08:56
Not so much an issue on the bike, another dollar or two then what it was to fill a month ago.

MG on the otherhand will see a bit less use during this spike. But that's a toy so not an issue really again.

The flow on effect with the price of everything else is what bothers/concerns me

-Indy

Indiana_Jones
8th March 2011, 09:25
<iframe title="YouTube video player" width="480" height="390" src="http://www.youtube.com/embed/x-LoUGI68rs" frameborder="0" allowfullscreen></iframe>
-Indy

Toaster
8th March 2011, 09:26
$2.16 for unleaded 91, $1.55 for diesel. They are really taking the piss :angry:

I now fill up the bike with beer and drink petrol... I am finding it saves bucket-loads.

Toaster
8th March 2011, 09:33
I could earn the same salary in AUD living in Australia as I earn here in NZD, so the question is do I want to pay $1.47/L from my pay for fuel or $2.19/L

Apples and Oranges. Aussie and NZ have very different tax systems, there are costs you get here that you don't get there and vice versa etc and so on and so forth. It is actually very complicated to compare the two.

When someone can earn a significantly HIGHER income in Aussie than over here it is only then that you know you are on a winner immigrating to the West Island.

It would be good to see proper stats on cost of living to income ratios to help us all see just how relatively well or not so well off we are.

Drunken Monkey
8th March 2011, 09:42
Apples and Oranges. Aussie and NZ have very different tax systems, there are costs you get here that you don't get there and vice versa etc and so on and so forth. It is actually very complicated to compare the two.

When someone can earn a significantly HIGHER income in Aussie than over here it is only then that you know you are on a winner immigrating to the West Island.

It would be good to see proper stats on cost of living to income ratios to help us all see just how relatively well or not so well off we are.

True, there are things like higher top tax rates, however this doesn't kick in until $160,000 over there. Groceries and fuel in the 'burbs is generally cheaper. Housing can be more expensive in Sydney and Perth especially. Aussie pies are shit, there's no denying that. You have compulsory super, but it is always shown as "plus super" on the base salary in job ads. Aussie assembled cars are cheaper. Imports vary greatly, from cheaper to a lot more expensive. Flies are definitely worse over there, and their ants bite. Angry little fuckers. Ice from petrol stations was more expensive over there than here. City pubs seemed more expensive, but country ones seemed cheaper. Melbourne public transport is great, IF you live near the city or a train line. Otherwise it's rubbish. Think Auckland commutes are bad? Try driving into the the Sydney CBD from Paramatta every day. Brisbane's gone through growing pains and grid locks around 7:00am (at least from the South). Clothes are cheaper, and you get more choice.

That's just off the top of my head.

You can get a lot of variation, it's such a big place.

scumdog
8th March 2011, 09:50
True, there are things like higher top tax rates, however this doesn't kick in until $160,000 over there. Groceries and fuel in the 'burbs is generally cheaper. Housing can be more expensive in Sydney and Perth especially. Aussie pies are shit, there's no denying that. You have compulsory super, but it is always shown as "plus super" on the base salary in job ads. Aussie assembled cars are cheaper. Imports vary greatly, from cheaper to a lot more expensive. Flies are definitely worse over there, and their ants bite. Angry little fuckers. Ice from petrol stations was more expensive over there than here. City pubs seemed more expensive, but country ones seemed cheaper. Melbourne public transport is great, IF you live near the city or a train line. Otherwise it's rubbish. Think Auckland commutes are bad? Try driving into the the Sydney CBD from Paramatta every day. Brisbane's gone through growing pains and grid locks around 7:00am (at least from the South). Clothes are cheaper, and you get more choice.

That's just off the top of my head.

You can get a lot of variation, it's such a big place.

And don't forget gun ownership rules in Aussie. I think they're still allowed one or two Gov't approved rifles/shotguns - but no semi-autos or pump-action mind.

And difficulty in running a modified vehicle on the streets too, a lot more restriction on the ones that ARE allowed, for most they can't use them for daily use as per NZ.

Maha
8th March 2011, 10:04
Marsden point is a refinery. You might find they don't ship from their directly to the end service stations. They probably only ship to distribution points, and I wouldn't be surprised is the nearest distribution point is Auckland.

Also Gull imports their fuel, and doesn't use the refinery. Caltex probably does use the refinery.

So there are lots of reasons why the price of those two might be different.

It realise they pipe all fuels from Marsden to Wiri and its trucked on from there.

mashman
8th March 2011, 10:15
Question: What would happen to NZ if say, oil was two hundy plus a barrel, and petrol was $3.50/l, for 4 months? 6 months? What would you do in response?

Buy a fookin good lock for the petrol cap of the car and take up syphoning as a night time hobby :)

Gremlin
8th March 2011, 10:30
I think i would probably freak out
I'm sure someone more violent than I would get angry/homicidal, and give the companies warning messages by shooting someone :yes:


AU$ 1.479 / L in Brisbane at the moment. That's like a million south pacific pesos, innit? Or NZ$1.94 / L.
Don't forget the NZ tax take on petrol is what, over half the price now? What's the AU tax take on a litre?

About 66% of my riding is pleasure... this ain't gonna slow me down yet. In fact, the new bike is more fuel efficient than most, able to go below 5L/100km if you really want it to...

Swoop
8th March 2011, 10:44
Don't expect it to come back down very soon.
Lybian oil has had the western oil workers scarper out of the country very quickly. The eastern part of the country has had rebel victories and they are being aided, very quietly, by Egyptian commandos. The old regime isn't going down without a fight and tuareg are being signed up as mercenaries on gaddafi's payroll. Even mugabe has pledged support to the idiot.:facepalm:

Usarka
8th March 2011, 13:40
And the NZ dollar is going to tank for a myriad of reasons which will make it (and other imports) more expensive.


Well I'll be damned if I'll use Wellingtons comical train system, so might have to cut back on the red wine to keep the commuter on the road.

That's why I brought a home brew kit. Tonight's tipple is Usarka's Amber Ale :drinkup:

MSTRS
8th March 2011, 14:52
I'll complain at $4 a litre, let's hope by then there are some decent breakthroughs in electric/alternative energy technology. :yes:

One of those is on the cards around about...um...er...ooooh...about next Thursday.

awa355
8th March 2011, 15:04
Geez, I'm glad petrol has gone up in price, I just hated running the bike on that cheap shit. :angry:

How long before the service stn's go to prepay all day instead of at nights?

Whynot
8th March 2011, 15:08
How long before the service stn's go to prepay all day instead of at nights?

a lot already are ...

mashman
8th March 2011, 15:11
Don't expect it to come back down very soon.
Lybian oil has had the western oil workers scarper out of the country very quickly. The eastern part of the country has had rebel victories and they are being aided, very quietly, by Egyptian commandos. The old regime isn't going down without a fight and tuareg are being signed up as mercenaries on gaddafi's payroll. Even mugabe has pledged support to the idiot.:facepalm:

BP may argue that (http://nz.news.yahoo.com/a/-/latest/8953271/bp-drops-petrol-prices/) :shifty:

MSTRS
8th March 2011, 15:18
Argue what? That report is from last Friday.

jafar
8th March 2011, 15:56
interesting that everyone has jumped on the petrol increase but not one comment on the diesel increase. It is the diesel that will kill us in the longer term as everything gets moved in diesel powered transport:yes:

Toaster
8th March 2011, 16:01
interesting that everyone has jumped on the petrol increase but not one comment on the diesel increase. It is the diesel that will kill us in the longer term as everything gets moved in diesel powered transport:yes:

It will certainly contribute to it. Food is earmarked to ride in price as our two supermarket chains use it as an excuse to price gouge yet again.

The petrol companies make a fortune, so do the supermarkets, insurance companies and the banks. They simply pass their costs on and squeeze our ever shrinking wallets even more. All we do is simply take it from them.

All I do is buy less and less...

... I should start losing weight this way...

Blackshear
8th March 2011, 16:02
After the ACC increase, GST, petrol, rent and food I've quite frankly given up and started having more fun in the naughty/unlawful areas.

Fucked if I'm going to live in this world without having fun, no relapses here thank you very fucking much.

jafar
8th March 2011, 16:44
It will certainly contribute to it. Food is earmarked to ride in price as our two supermarket chains use it as an excuse to price gouge yet again.

The petrol companies make a fortune, so do the supermarkets, insurance companies and the banks. They simply pass their costs on and squeeze our ever shrinking wallets even more. All we do is simply take it from them.

All I do is buy less and less...

... I should start losing weight this way...

It is claimed to be a major contributing factor in most commodity price increases, the supermarkets have to adjust the price of groceries to cover the increased costs passed on to them by the suppliers & the cost of moving the products to the stores. With Diesel going up & up there has to be a price adjustment to cover those costs.:violin:

It's a pity that wages don't go up to cover those costs that the businesses are so fond of passing on.:angry:

You should have lost a heap of weight by now then mate :gob:

marty
8th March 2011, 16:49
interesting that everyone has jumped on the petrol increase but not one comment on the diesel increase. It is the diesel that will kill us in the longer term as everything gets moved in diesel powered transport:yes:

running a diesel car is a fucking waste of time. save $4/100km in fuel, pay $5/100km in road user, and an extra $150/year in rego, and extra $250/year in servicing.

jafar
8th March 2011, 16:53
running a diesel car is a fucking waste of time. save $4/100km in fuel, pay $5/100km in road user, and an extra $150/year in rego, and extra $250/year in servicing.

Your right it is a waste of time, I was referring to trucks, train & shipping:facepalm:

marty
8th March 2011, 18:04
i enjoyed my ride to work on my scooter today :) $1 a day....

The Everlasting
8th March 2011, 19:11
i enjoyed my ride to work on my scooter today :) $1 a day....


Yeah,I wish I didn't sell my scooter now!

MD
8th March 2011, 19:22
What's surprised me is that the morning commuters are still hanging in there using their cars! When it broke above $2.00 a litre in 2008 the morning commute became a breeze. Suckers with 4WDs and Fellcoons and commondoors realised their stupidity of choice and took to the trains.

Seems peoples pain threshold has hardened a bit since 2008. I'm really enjoying using the bike for work at the mo ..but that only works for me when the sun shines.

Cloggy
8th March 2011, 19:48
WSuckers with 4WDs and Fellcoons and commondoors realised their stupidity of choice and took to the trains.

Funny enough my Commodore with an average fuel consumption of 10.2Ltr/100km (according to the trip computer) is cheaper to run than my Daytona 675 with an average fuel consumption of 5.7Ltr/100km according to it's trip computer. While the Commodore uses more fuel, if you take into account new tyres on the bike every 7000km (versus 40k plus on the car) plus higher insurance and registration costs on the bike, the car is still cheaper to run per km travelled. Although as the petrol keeps rising, that difference will become minimal.
Luckily I kept my little learner's bike, a 225cc Scorpio. Now that is cheap motoring. I think the latest petrol price rises added 21 cents to the cost of filling the tank. Full tank lasts 2 weeks.
Petrol prices don't worry me yet.

Maha
8th March 2011, 20:04
Your right it is a waste of time, I was referring to trucks, train & shipping:facepalm:

Thats it im buying a train!...:woohoo:

Toaster
8th March 2011, 20:16
It's a pity that wages don't go up to cover those costs that the businesses are so fond of passing on.:angry:

You should have lost a heap of weight by now then mate :gob:
Yes I enjoyed my 0% increase this year. Should have stayed in my last job in Wellington, paid far better.

I was so frustrated that I baked a chocolate cake in a cup tonight and we ate half each... my boxers wont fit tonight.:blink:

rainman
8th March 2011, 21:13
Ride Motorcycle. Work harder.

You work??? :gob:


The flow on effect with the price of everything else is what bothers/concerns me

Likewise - particularly another hit to the economy and employment. We need everyone to be working and paying taxes...


Even mugabe has pledged support to the idiot.:facepalm:

You know you're on the wrong side of history when Mugabe offers to help you.



That's why I brought a home brew kit. Tonight's tipple is Usarka's Amber Ale :drinkup:

Mine was a frankenbeer (involved a Coopers kit, say no more) I made a while back and is drinkable but not my usual standard. Been working on wines more at the moment though, with summer fruit available so cheaply.


It's a pity that wages don't go up to cover those costs that the businesses are so fond of passing on.:angry:

And there, sir, you have the problem.

scumdog
9th March 2011, 07:11
What's surprised me is that the morning commuters are still hanging in there using their cars!

And I wonder how many of those cars and Suburban Utility Vehicles are heading down the motorway with only the driver on board???

rainman
9th March 2011, 08:41
Some good reading for those that want to dig into the details a bit more:
http://ir.canterbury.ac.nz/bitstream/10092/4210/1/12626234_58_20100506101_LangandDantasIOconf.pdf

Also an interesting take on things on Breakfast today:
http://tvnz.co.nz/breakfast-news/impacts-end-cheap-oil-8-46-video-4050366

Love the oil industry guy - there is no shortage, but there will be in the future and oil will be getting more expensive... but there is no problem do not panic.

What he is describing is exactly what us "peak oil nutters" were saying years ago. The age of cheap oil is over. There is still plenty more (not that we should burn it in a hurry), but it's not gonna be cheap anymore. That is peak oil - not that we're running out in absolute terms, but that flow rates are peaking and this will lead to sustained generally high prices. As is typical, we were ridiculed at the time, and now that it turns out we were right, it's a case of "everyone accepts that..." :)

It's time to face up to the changes we need to make in order to be more self-reliant as a nation. Everything is going to get more local.

superman
9th March 2011, 08:43
It's a pity that wages don't go up to cover those costs that the businesses are so fond of passing on.:angry:

You sir just described inflation. Yaaaay.

Average Joe: Life's too expensive! Raise minimum wage.
Store: They have more money again let's raise prices.
Average Joe: Life's too expensive again, raise minimum wage.

:facepalm: Maybe a slight over simplification... but still!

rainman
9th March 2011, 14:14
You sir just described inflation. Yaaaay.

Average Joe: Life's too expensive! Raise minimum wage.
Store: They have more money again let's raise prices.
Average Joe: Life's too expensive again, raise minimum wage.

:facepalm: Maybe a slight over simplification... but still!

We don't like inflation.
But we don't like deflation either.
And we do like growth.
Maybe we're not thinking this through all the way to the end?

Or perhaps we need a steady-state economy? :yes:

NinjaNanna
9th March 2011, 14:51
diesel $1.57 /L today in Auckland

Dave Lobster
9th March 2011, 16:02
And I wonder how many of those cars and Suburban Utility Vehicles are heading down the motorway with only the driver on board???

Fucking all of them. It's the kiwi way.

mashman
10th March 2011, 13:00
Question: What would happen to NZ if say, oil was two hundy plus a barrel, and petrol was $3.50/l, for 4 months? 6 months? What would you do in response?

hopefully not what a senior economist at the worldwide bank HSBC (http://uk.finance.yahoo.com/news/Warning-Of-Food-Price-Riots-skynews-2424687063.html?x=0)has warned...

jafar
10th March 2011, 14:19
hopefully not what a senior economist at the worldwide bank HSBC (http://uk.finance.yahoo.com/news/Warning-Of-Food-Price-Riots-skynews-2424687063.html?x=0)has warned...

A definate possibility, wages are low & debts are high. The average person is finding it harder & harder to make ends meet & reaction to this situation may spill over into riots.More likely it will be an increase in petty theft & burglary than actual riots.:(

rainman
10th March 2011, 14:25
hopefully not what a senior economist at the worldwide bank HSBC (http://uk.finance.yahoo.com/news/Warning-Of-Food-Price-Riots-skynews-2424687063.html?x=0)has warned...

"Even in the developed world I think we have very, very low wage growth, so people aren't getting more in their pay packet to compensate them for food and energy, and I think we could see social unrest certainly in parts of the developed world and the UK as well."

She's spot on about the wage problem - despite having had generally good growth for the last few decades real wages nett of debt and inflation have been static or falling in many of the developed nations. All the wealth has concentrated in fewer and fewer hands. But I don't see us rioting about food, or anything else, tbh. Too weak, too comfortable..

mashman
10th March 2011, 14:26
A definate possibility, wages are low & debts are high. The average person is finding it harder & harder to make ends meet & reaction to this situation may spill over into riots.More likely it will be an increase in petty theft & burglary than actual riots.:(

true... I hope it stays as petty crime :yes:, it'll be interesting considering the UK are looking to shed 10's of thousands of Police over ther next few years :shit:

mashman
10th March 2011, 14:30
"Even in the developed world I think we have very, very low wage growth, so people aren't getting more in their pay packet to compensate them for food and energy, and I think we could see social unrest certainly in parts of the developed world and the UK as well."

She's spot on about the wage problem - despite having had generally good growth for the last few decades real wages nett of debt and inflation have been static or falling in many of the developed nations. All the wealth has concentrated in fewer and fewer hands. But I don't see us rioting about food, or anything else, tbh. Too weak, too comfortable..

Any of us could have told her that 10 or 20 years ago :). I hope you're right about the rioting... but as i said above, TPTB in the UK are looking to shed Police numbers... not exactly discouraging.

jafar
10th March 2011, 14:32
true... I hope it stays as petty crime :yes:, it'll be interesting considering the UK are looking to shed 10's of thousands of Police over ther next few years :shit:

There is a policy thats doomed to failure, they will be wanting more cops not less.:shit::yes:

mashman
10th March 2011, 14:38
There is a policy thats doomed to failure, they will be wanting more cops not less.:shit::yes:

:rofl:, perhaps crime rates have dropped recently :blink:

mattian
10th March 2011, 14:43
For how long can you store petrol before it goes off? I dont know alot about the subject but, maybe you could buy up a truck-load of fuel, when the price is low of course and store it. just a thought (probably a daft one):blink:

NinjaNanna
10th March 2011, 15:17
can anybody say KB co-op

SPman
10th March 2011, 16:01
Catching the train for me (after driving to the station) works out to be a very similar cost than driving, and adds an extra hours travel time to my day.With us, for a 100km each way commute, the train is about the same cost as the car (Getz 1.6) for 1 person and takes about the same time. For MsT, the train is much cheaper (she gets free train travel). The bike costs more , but, is quicker and more fun. Plus for the train - no traffic hassles, read lots of books, play lots of computer games or can zzzz, in/out.

More likely it will be an increase in petty theft & burglary than actual riots. It usually does....

Drunken Monkey
10th March 2011, 16:56
For how long can you store petrol before it goes off? I dont know alot about the subject but, maybe you could buy up a truck-load of fuel, when the price is low of course and store it. just a thought (probably a daft one):blink:

It varies depending on the environment and storage method, but you can start to measure some deterioration after 3 months. Depending on what's using it, it may make no difference (I've run old mowers on 12+ month old petrol no worries).

There are fuel stabilizers around, you can check the survivalist forums for more info. They push the usability out to about 2 years. However, check the cost, IIRC the stuff isn't cheap at all, unless there's a massive change in fuel price and you've bought a stink load of it, you're still worse off. It's more for storing fuel in a 'need to have' situation.

AllanB
10th March 2011, 17:05
I celebrated today by smoking up the rear end of the XR6 in a very well executed broadie.

My policy regarding fuel now is:

If they are charging me that much for it I am bloody well going to enjoy burning it.

Splineman
15th March 2011, 16:29
Big bike 6L/100km, Little bike 3L/100km, switch big to little same k's and same cost.
Of course have to learn to enjoy squeezing it's little neck.

Price of fuel is only going 1 way in the medium term. We either pay or we don't...our free choice really.



AA's opinion: learn to do without:
http://www.nzherald.co.nz/transport/news/article.cfm?c_id=97&objectid=10710594



Of course, some of us smartarses have been saying for some time that this is going to happen. Last time the oil price rushed up the economy was booming. This time, not so much. Might hurt a bit more. Perhaps we will listen then, but maybe not.



And, yes, kinda. Actually, I ride motorcycle or drive insanely small car, don't care directly. But it's the second-order effects that will do us: fuel price increase=food price increase, for the most visible.

Question: What would happen to NZ if say, oil was two hundy plus a barrel, and petrol was $3.50/l, for 4 months? 6 months? What would you do in response?

banditrider
15th March 2011, 17:46
$2.38/l in Tolaga Bay on Thursday. Luckily I only needed a top up...

fuknKIWI
16th March 2011, 00:46
$2.16 for unleaded 91, $1.55 for diesel.
That seems a lot in South Pacific Pesos:nono:

EJK
16th March 2011, 02:22
Christchurch now $2.08 (91). The price maintained $2.02 til Tuesday tho.

ac3_snow
16th March 2011, 09:50
shit I filled up this morning and didn't even check how much, probably wouldn't change much either way tho, I'm not going to stop riding anytime soon.

jafar
16th March 2011, 13:49
That seems a lot in South Pacific Pesos:nono:

Diesel is now $1.59, Petrol is unchanged @ $2.159 in most places, although there does seem to be some price varience depending on where you go.:(

jafar
16th March 2011, 13:54
shit I filled up this morning and didn't even check how much, probably wouldn't change much either way tho, I'm not going to stop riding anytime soon.

It not the riding , it's how far you can get on whats left of your discresionary income, with the fuel companies continuing to push the price of petrol & diesel up while everyone else is struggling with the effects of a recession(depression). The rising fuel prices will push the prices of everything else up, the only exception is wages.

oldrider
17th March 2011, 09:25
Don't forget to factor in the "multiple hits" for ACC in all these costs! :facepalm:

steve_t
23rd March 2011, 07:57
$2.189 for 91 overnight. NZ$ rose to over US74c also. Bastards

Indiana_Jones
23rd March 2011, 08:07
I'm gonna become a raghead and sell oil! :woohoo:

-Indy

jafar
23rd March 2011, 15:06
$2.189 for 91 overnight. NZ$ rose to over US74c also. Bastards

Diesel is up to $1.70 per litre too:facepalm:

meteor
23rd March 2011, 16:55
bloody petrol... getting to dessert storm (and back)from AK plus petrol and oil for the bikes is half again what the actual ride, accom and food will be... beer will even it out tho' ;) Sign of the times... going to have to find another vice.

steve_t
23rd March 2011, 16:56
bloody petrol... getting to dessert storm (and back)from AK plus petrol and oil for the bikes is half again what the actual ride, accom and food will be... beer will even it out tho' ;) Sign of the times... going to have to find another vice.

Mmmm... dessert :innocent:

Quasievil
23rd March 2011, 17:39
Mmmm... dessert :innocent:

Apple crumble and ice cream is my favorite.

Bren
23rd March 2011, 18:23
Just be thankful no one is riding round NZ on one of them Dodge Tomahawks...

tri boy
23rd March 2011, 20:49
Expect $2.50 by mid to late 2012.
Just saying.

scracha
23rd March 2011, 21:26
Expect $2.50 by mid to late 2012.
Just saying.
3 years ago I predicted $3 by early 2012 and everyone thought I was bonkers.

The Stranger
23rd March 2011, 21:44
3 years ago I predicted $3 by early 2012 and everyone thought I was bonkers.

Like the prediction has anything to do with it.

Gremlin
24th March 2011, 01:52
3 years ago I predicted $3 by early 2012 and everyone thought I was bonkers.
Can I just say I think you're still bonkers? :lol:

Brett
24th March 2011, 08:53
Meh, petrol will do what it does...supply and demand and all that BS. For me, would rather look at ways of boosting the income so that I can continue to burn my share of liquid gold than get all antsy over the price of it.

Will be quite cool to see what comes in the next 5 - 10 years with electric cars and bikes. Until then, all the haters can keep looking at their hybrids and Hyundai Getz's.

Between the bikes and the RS4 I am hoping to get later this year, I will continue to have high fuel costs...and so be it, I enjoy driving and riding, I don't really drink much so I judge it my alternative beer fund.

Indiana_Jones
24th March 2011, 10:09
Oil will run out in 253 days.

-Indy

Maha
24th March 2011, 11:17
Oil will run out in 253 days.

-Indy

May have to start using Milk.

Toaster
24th March 2011, 11:37
May have to start using Milk.

Might plug in the livestock and collect methane......

Trying to keep the car as close to 5 litres per 100km and the bike something similar, especially when using 98 octane for the bike.

Petrol prices are really hurting the average Kiwi's budget. Then there is food prices, rates etc all on the rise.

The only fall has been in floating mortgage rates with the recent OCR cut by 50bps.

Brett
24th March 2011, 14:19
Might plug in the livestock and collect methane......

Trying to keep the car as close to 5 litres per 100km and the bike something similar, especially when using 98 octane for the bike.

Petrol prices are really hurting the average Kiwi's budget. Then there is food prices, rates etc all on the rise.

The only fall has been in floating mortgage rates with the recent OCR cut by 50bps.

Cost of living has exceeded that of the London (In fact pretty much all of Europe) and other big towns like New York.
As economic theorists will point out, our standard of living etc is directly related to our productivity as a nation. Given our productivity is dwindling, we need to find ways of generating mooolah$$$$$. Good place to start is with more, but sustainable, mining.

Quasievil
24th March 2011, 14:43
Cost of living has exceeded that of the London (In fact pretty much all of Europe) and other big towns like New York.
As economic theorists will point out, our standard of living etc is directly related to our productivity as a nation. Given our productivity is dwindling, we need to find ways of generating mooolah$$$$$. Good place to start is with more, but sustainable, mining.

Yes to that, trouble is NZ is infected with to many green loonies that are suckling on the social welfare system whilst crying "save the world" prior to crying for more handouts

Indiana_Jones
24th March 2011, 15:17
Last one to leave please turn off the lights.....well doubt you'll have to do that as we still don't have a reliable power supply...

-Indy

jasonu
24th March 2011, 16:42
Last one to leave please turn off the lights.....

-Indy

We used to say that about the south island.

I remember when petrol reached $1 per liter and people said that was the end of the world.
Who remembers the 'carless days' stupidity and the colored stickers that denoted your carless day. When it rained or you washed your car some of the stickers changed color and the popo couldn't see what your carless day was.

Brett
24th March 2011, 17:11
Yes to that, trouble is NZ is infected with to many green loonies that are suckling on the social welfare system whilst crying "save the world" prior to crying for more handouts

Preach it brotha. Problem is, the clowns that need to hear it aint listening. They are too busy acting like a bunch of drunk teenagers at a party.

Indiana_Jones
25th March 2011, 10:18
I know how I'm dressing once the oil is gone...

http://operatorchan.org/vg/arch/src/vg49458_Mad%20Max%202%20The%20Road%20Warrior%20Lor d%20Humungus%20(Kjell%20Ni.jpg

<iframe title="YouTube video player" width="480" height="390" src="http://www.youtube.com/embed/IW-RmVY2OkA" frameborder="0" allowfullscreen></iframe>

-Indy

imdying
25th March 2011, 10:45
Shit bro, why wait!

NighthawkNZ
25th March 2011, 10:54
Who remembers the 'carless days' stupidity and the colored stickers that denoted your carless day. When it rained or you washed your car some of the stickers changed color and the popo couldn't see what your carless day was.

I have careless days all the time... oh wait no E... "carless" ummm... I have carless days all the time I don't have one nor drive one am a true biker through and thru... and threw :blink::blink::blink::blink: :facepalm:

Edbear
25th March 2011, 11:19
We used to say that about the south island.

I remember when petrol reached $1 per liter and people said that was the end of the world.
Who remembers the 'carless days' stupidity and the colored stickers that denoted your carless day. When it rained or you washed your car some of the stickers changed color and the popo couldn't see what your carless day was.

I thought the same when petrol reached $1 a gallon... That was in '74 I think.

Toaster
26th March 2011, 13:05
I will continue to have high fuel costs...and so be it, I enjoy driving and riding, I don't really drink much so I judge it my alternative beer fund.

Yep, same here... barely ever drink alcohol... no time with shift work and kids. Milk will likely go the same way as long as I can keep riding.

sportsbikesrock
26th March 2011, 14:14
I grumble as I put gas in the cage - now it gets used stuff all. Laugh when I fill the scooter.

James Deuce
26th March 2011, 14:32
It's still cheaper than milk. You should be bitching at Fonterra for pricing traditional food staples out of reach of low income Kiwis.