Petrol price increases

[lanci]

Go to the herald and type in "BP petrol" in the search function. Look for the usual price increase instigator.

Now I'm not saying BP are the only ones to do it but it is food for thought.......

[Damon]

Yep, dirty bastards, i stopped buying from them ages ago when for about a month they were 1c more expensive than the shell and mobil accross the road?? :buggerd:

"Gull NZ general manager Dave Bodger said last night he found the price rises puzzling, as there did not appear to have been any major overseas fluctuations"

[jimbo600]

Yep those fuckers are the first fleecing maggots to raise prices, and of course all the others do likewise. Apparently BP control all fuel prices in NZ. I refuse to buy petrol there. I will buy butter chicken pies there though. However the worst pirate is Michael Cullen as something like 50% is tax. Excise tax first then GST, so you're paying GST on tax. Tax on tax so's to speak.

They all deserve the bash.

[skidMark]

Running out of petrol = go to nearest gas station.

Either way you have to pay it, who gives a shit. I mean c'mon.

Oh noes 1 cent more than the other place, wow 17 cents extra for my entire fill up :rolleyes:

[C_A]

government has alot to answer for with all that taxing. you get taxed when you get paid, you get taxed when you buy stuff, and you get taxed if you save. gay

[firefighter]

ohhhhhhhhh come on, it's only $2 a litre thats affordable for someone earning 250k.......don't you earn that much?.......get into writing shit bullshit songs and go work for labour they'll see you right!

[skidMark]

ohhhhhhhhh come on, it's only $2 a litre thats affordable for someone earning 250k.......don't you earn that much?.......get into writing shit bullshit songs and go work for labour they'll see you right!


Fact is yhou have to buy it regardless of the price, if it was $5 a litre i would still buy it.

It's a part of life, deal with it.

[musicman]

Boycott BP!!

Or better yet... BURN THEM!!

[skidMark]

Boycott BP!!

Or better yet... BURN THEM!!


Match in a gas tank.

B00m B00m

[Jimmy B]

Fact is yhou have to buy it regardless of the price, if it was $5 a litre i would still buy it.

It's a part of life, deal with it.

Easy for you to say mate but I suspect you would buy a lot less. I run 2 cars, a bike and a boat. Fair to say the boat hasn't seen much action lately.

[ManDownUnder]

Wow - a petrol price rise just before a long weekend when people will be driving longer distances and...

... am I just being cybical - or will they reclaim some QDOS by dropping it by that same 3 cents (or possibly only 2...) just after the long weekend is finished...

[megageoff76]

If it ever did get to $5 litre..then it would be bye bye bike for me.

Even with the way prices are going at the moment, some days i question weather i need the extra expense or just admit defeat and catch the bus.

[firefighter]

If it ever did get to $5 litre..then it would be bye bye bike for me.

Even with the way prices are going at the moment, some days i question weather i need the extra expense or just admit defeat and catch the bus.

really....? for me it would be bye bye cage...and definately keep the 250!

[slopster]

It will keep going up if your prepared to pay for it. If they can raise the price and people will still buy gas then it was obviously too cheap if the first place wasn't it. The only way it will go down is if everyone decides its too expensive to drive unless its absolutely necessary and thats not going to happen for a while.

And yes I hate paying $30 to fill up

[The Pastor]

If it ever did get to $5 litre..then it would be bye bye bike for me.

Even with the way prices are going at the moment, some days i question weather i need the extra expense or just admit defeat and catch the bus.
you can give me your bike, i'll look after it i promise :)

[megageoff76]

really....? for me it would be bye bye cage...and definately keep the 250!

Cant get the wife and kid around on my bike mate!

[Jimmy B]

... am I just being cybical ...

Well if you are being "cybical" MDU you are probably out on your own. Kudos though, I think you have just invented a word. :rolleyes:

[ManDownUnder]

Well if you are being "cybical" MDU you are probably out on your own. Kudos though, I think you have just invented a word. :rolleyes:

LOL yaaaa woops - but yes... you're right. Cynical per Cybil (Fawlty Towers).

Should I be proud or embarrassed?

[firefighter]

Cant get the wife and kid around on my bike mate!

ahhhh, true true, well there's always the sidecar option! hahaha, fair enough.

[Jimmy B]

Should I be proud or embarrassed?

How about a feeling of emproudment :cool:

[jrandom]

Filling Betty up the other day cost me $40. I'll get 300km from that.

Ten years ago, filling my Ford Laser cost me $40 and would get me 400km.

:weep:

[megageoff76]

you can give me your bike, i'll look after it i promise :)

If I ever lose my mind and decide to give it away, then concider yourdelf at the top of the list mate.

[Finn]

Running out of petrol = go to nearest gas station.

Either way you have to pay it, who gives a shit. I mean c'mon.

Oh noes 1 cent more than the other place, wow 17 cents extra for my entire fill up :rolleyes:

That's half your pocket money.

[Jimmy B]

In my youf, well not that long ago, OK ten years, I had a twin turbo mitsi GTO. I sold it when gas hovered around 1 buck. That sucker would make me eyes water these days.

[Forest]

The thing you need to remember is that the pump prices are rising because the underlying product has become more valuable.

If the kind folk of NZ don't want to buy petrol at the asking price, then the oil companies can easily sell it into other countries who will pay.

[mstriumph]

In Aus it's our wretched government taking an ever-increasing [but hidden] cut with their bloody taxes

bastards :buggerd:

[Mr Merde]

Increase production of the oil fields off the coast of NZ

Stop selling all the oil produced overseas

Nationalise the petrol manufacturing facilities

Ask countries like Equador how they supply their internal customers so cheaply

Tell the "septics" and "camel jocks" to take a hike.

[ManDownUnder]

Filling Betty up the other day cost me $40. I'll get 300km from that.

Ten years ago, filling my Ford Laser cost me $40 and would get me 400km.

:weep:

That's because Betty has a bigger engine ya dozey bastard... :whistle:

[SPman]

1c price difference!
Over here locally, it's around $1.49.8 for 91, but in town its around $1.39.8 / litre.

Guess where I try and fill up......:sweatdrop

Caltex seem to be the price jump leaders.

[xwhatsit]

However the worst pirate is Michael Cullen as something like 50% is tax. Excise tax first then GST, so you're paying GST on tax. Tax on tax so's to speak.

So, er, how about those roads that keep breaking up? The concrete barriers we'd like instead of cheesecutters? Replacing shit-house chipseal with tarmac? Resealing a road instead of putting down so many tar-snakes that there's more tar than road?

Where'd they get the money to do that again?

[jrandom]

That's because Betty has a bigger engine ya dozey bastard... :whistle:

Actually, the mighty Laser, being a 1.6L, had 200cc on her, and did, in fact, get significantly awfuller fuel economy (10km/L versus 15km/L).

Still.

It must suck to be poor.

:laugh:

[NZsarge]

the worst pirate is Michael Cullen as something like 50% is tax. Excise tax first then GST, so you're paying GST on tax. Tax on tax so's to speak.

One wonders where exactly that 50% tax goes, I mean with record funds in the government coffers why:
-are'nt all major highway upgrades being funded out of said 50% taxes instead of putting yet another tax on fuel (area specific)
-don't they reduce the level that they tax fuel to ease the cost of living consider nearly everything a person buy is bought in by something that burns fuel.

If it ever did get to $5 litre..then it would be bye bye bike for me.

As I mentioned above about the cost of living and the double fold the effect fuel prices has on it I seriously doubt whether lower to middle income earners could actually live on said incomes.

[The Pastor]

It will keep going up if your prepared to pay for it. If they can raise the price and people will still buy gas then it was obviously too cheap if the first place wasn't it. The only way it will go down is if everyone decides its too expensive to drive unless its absolutely necessary and thats not going to happen for a while.

And yes I hate paying $30 to fill up
the only way gas will become too expensive, is when it is more than the average wage.

[Forest]

Increase production of the oil fields off the coast of NZ

Stop selling all the oil produced overseas

NZ currently imports three times as much oil as we export.

Our domestic oil production is tiny and would not be enough to satisfy local demand.



Nationalise the petrol manufacturing facilities

We already tried that as part of the Think Big initiatives. It cost us far more than it ever saved and the Government ended up selling the refinery assets off to the NZRC.



Ask countries like Equador how they supply their internal customers so cheaply

Countries like venezuela provide their citizens with massive government subsidies for oil.

You want to pay more in taxes in return for a lower petrol price? That's just stupid.



Tell the "septics" and "camel jocks" to take a hike.

They don't set the price of fuel. The price is set by buyers on the global markets and increasing global demand means higher prices are unavoidable.

Five year oil futures contracts are trading at over $100 per barrel. This means that high oil prices are going to be here for the next few years.

[Finn]

Some nerd at the office just brought a hybrid. The lads are trying to figure out how to short it.

[Jimmy B]

Some nerd at the office just brought a hybrid. The lads are trying to figure out how to short it.

Just make sure he doent get wind of it, if he takes offence and tries to run you down with the thing, you'll never hear it coming....

[barty5]

Fact is yhou have to buy it regardless of the price, if it was $5 a litre i would still buy it.

It's a part of life, deal with it.

And by the time your let loose back on the road it proberly will easy for to say who cares when you only ride a BMX. Shit by the time i fell the car and bike and take a spare 10L for day day out on Motox bike thats cost me $150 in just fuel for the day to go to huntly and back home.

[barty5]

Some nerd at the office just brought a hybrid. The lads are trying to figure out how to short it.

last one of those that came into work shop had a card that needed to go in to slot, nice big magnet next to it should kill it.

[skidMark]

And by the time your let loose back on the road it proberly will easy for to say who cares when you only ride a BMX. Shit by the time i fell the car and bike and take a spare 10L for day day out on Motox bike thats cost me $150 in just fuel for the day to go to huntly and back home.

Errr i do ride things apart from bmxs that ive been putting fuel in recently, and i noticed a big difference in cost to when i had my bike of the same model, no point complaining though just pay it and taste ze freedom.

[tri boy]

Theres interesting reading online about the growing shortage of oil.
Basically, Russia (the second biggest producer of crude) is running dry. their pumping stats are dropping about 1-2% a year. Doesn't sound like much, but it is.
The US will be shitting itself very soon. There domestic use far outweighs what its local fields can produce.
The Arabs will be flat out supplying the requests over the next 5-10 yrs.
New fields are piddly in comparison. Get used to $2/ltr, it will seem cheap in 18mths.

[Finn]

I don't give a damn about the oil shortage just as long as petrol doesn't run out. Think about it. You only change your oil a couple of times a year. Big deal.

[swbarnett]

So, er, how about those roads that keep breaking up? The concrete barriers we'd like instead of cheesecutters? Replacing shit-house chipseal with tarmac? Resealing a road instead of putting down so many tar-snakes that there's more tar than road?

Where'd they get the money to do that again?
Most of the tax currently on petrol goes nowhere near the raods.

[swbarnett]

I don't give a damn about the oil shortage just as long as petrol doesn't run out. Think about it. You only change your oil a couple of times a year. Big deal.
Umm... Petrols is made from oil...

(or is my p/t meter on the fritz?)

[swbarnett]

If it ever did get to $5 litre..then it would be bye bye bike for me.

Even with the way prices are going at the moment, some days i question weather i need the extra expense or just admit defeat and catch the bus.
No matter what the price of petrol does commuting by bike will still be cheaper than taking the bus.

[BIHB@0610]

Umm... Petrols is made from oil...

(or is my p/t meter on the fritz?)

I was thinking exactly the same thing ......

Personally, I think it's great petrol's going up in price - it's making me think twice about using the car, I'm combining trips more often, and driving with a lighter foot. I even walked to get a latte today ......all in all, it's gotta be good for reducing our carbon emissions. Though for businesses, and low and middle income earners I realise it sucks.

[Gubb]

$1.99.9/L for 98.

Yeowch.

[barty5]

Personally i think it is a bunch of arse. Running a mechanical work shop we loose out cause people start thinking price of fuels gone up well stuff that im not spending more money on the car. They stop servicing thier cars. Problem is they get caught out cuase it really starts to cost them more from lack of maintance (yes i know we get the work in the end ) but in the mean time it makes for slow days trying to get work in. We spend alot of time now trying top educate people that things like filters plugs etc will save you money in the long run.

[quallman1234]

Conspiracy to get more of us to use a unreliable/not big enough public transport system?

Probabaly!

[Finn]

Umm... Petrols is made from oil...

No it's not. Babies are made from oil. Do you know how many babies it takes to make a litre of Johnson's Baby Oil?

[SPman]

No matter what the price of petrol does commuting by bike will still be cheaper than taking the bus.

Its actually cheaper for me to come to work by train...102k door to office, $17/day. Gas for bike - about $17, plus all the usual running expenses. Train takes the same travel time, unless I'm really lucky with the traffic,- about 1hr 45 each way, plus I can sleep, read, etc.

Taking the bike is more conducive to a satisfied mind and body, however!

Do you know how many babies it takes to make a litre of Johnson's Baby Oil?
It's ok, they're only third world babies which need to be put to good use, anyway.

[Pedrostt500]

$2 a litre for Petrol wait till it is $2 a litre for Diesel, when you consider that most things are transported by truck some where in the equation, ie food to the super market, Beer to the pub etc.
yup boycott BP corporate service stations, but support the owner operators.

[scumdog]

$1.99.9/L for 98.

Yeowch.

Pff, $126 for enough 96 octane to get from Ashburton to Riviera (64 litres!!)

16mpg:shit:

[cooneyr]

Most of the tax currently on petrol goes nowhere near the raods.

Last I heard (and remember I'm in the transportation game) is that 100% is going into the roading budget. Problem is that Transit is the only RCA that get 100% funding from the fuel excise tax. The other RCA's (city, district and regional councils) only get part funding (usually around 40%). To use the national roading funds RCA's must come up with their local share and guess what that means - higher rates. We are screwed again!!!! Government should increase the national share or Transit should take on more projects and minimise local RCA share.


Pff, $126 for enough 96 octane to get from Ashburton to Riviera (64 litres!!)

16mpg:shit:

I use to own a diesel Toyota Landcruiser and could get about 800kms from $45 of diesel. This was 97/98. Fast forward to 01/02/03 when I owned a ex military LWB landy with a 3.5l rover v8. 120l to fill it was about $120 at the time. It would do 20l per 100km or about 14mpg, off roading was much much worse. Bloody glad I sold it cause would now cost about $160 to do the Chch Nelson trip :wacko: Was fun winding up the hilux drivers by passing them but it is much more fun riding a :scooter:.

Cheers R

[SPman]

$2 a litre for Petrol wait till it is $2 a litre for Diesel, when you consider that most things are transported by truck some where in the equation, ie food to the super market, Beer to the pub etc.
yup boycott BP corporate service stations, but support the owner operators.
Including road tax, it is already over $2/litre!
Diesel is around $1.68 over here - just slightly higher than 98

[cowboyz]

Fact is yhou have to buy it regardless of the price, if it was $5 a litre i would still buy it.

It's a part of life, deal with it.
you dont care because you are not using YOUR money to pay for it.



Theres interesting reading online about the growing shortage of oil.
Basically, Russia (the second biggest producer of crude) is running dry. their pumping stats are dropping about 1-2% a year. Doesn't sound like much, but it is.
The US will be shitting itself very soon. There domestic use far outweighs what its local fields can produce.
The Arabs will be flat out supplying the requests over the next 5-10 yrs.
New fields are piddly in comparison. Get used to $2/ltr, it will seem cheap in 18mths.
It is sad that that is true. Cost me $33 to fill my bike last night. It is crazy. Certainly put a curb on the touring that I was doing last year.

[Bonez]

Anyone else notice the increase coincides with the school holidays.

Anyway the GB is is fairly fugal.

[skidMark]

you dont care because you are not using YOUR money to pay for it.


Even if it was mine i still would

[homer]

Fact is yhou have to buy it regardless of the price, if it was $5 a litre i would still buy it.

It's a part of life, deal with it.

thats the most senceably thing youve posted

[homer]

Umm... Petrols is made from oil...

(or is my p/t meter on the fritz?)

um theres actually a shit load of stuff made from petroleum products

petrol , diesel , oils , tyres , plastics, clothing , its a huge list , most things synthetic are still petro based .

Dont worry about it , it aint running out .
just more bs we get fed .
after all what happened to the hole in the ozone layer , yeah it exists , but whats happening now with it .
havnt heard much about it for a few years now .
its just a hole , theres fuck all in it

[megageoff76]

There is a fantastic documentary called CRUDE -The incredible journey of oil, which is an interesting watch. And you don't need to be a science geek to enjoy it. Recommended.

[EJK]

Yeah the "one day" is here :D

Petrol prices at BP Autobahn of 98s are $1.999 per litre.

The "two dollar" era has begun

[riffer]

I'm getting perilously close to a $40 fill on the RF.

And what do you think's going to happen if we migrate to public transport in large numbers? You can be damn sure the price WON'T go down.

Interesting article on 3 News tonight regarding the boom and bust cycle of oil, and that eventually this will have to ease.

[VasalineWarrior]

Don't bet on it. Its called peak oil guys, its what happens when half of a finite resource is used up. The other half now has a greater demand on it, unfortuanatly its actually what makes the world go around..

Like it it or lump it its here to stay. My advice? Join the oil industry

[Forest]

I'm getting perilously close to a $40 fill on the RF.

And what do you think's going to happen if we migrate to public transport in large numbers? You can be damn sure the price WON'T go down.

Interesting article on 3 News tonight regarding the boom and bust cycle of oil, and that eventually this will have to ease.

Of course the price won't go down.

Public transport is contracted out to commercial operators who run the services at a loss. This loss is then subsidised by contributions from local and regional councils.

Even if people migrate to public transport in large numbers, the services will still run at a loss. The only thing that will change is the size of the public subsidy.

[Zoolander]

It's a part of life, deal with it.

Hah! Never thought i'd say this but I agree with Skiddy!!

The only thing that will reduce the amount of cars on the road is hit drivers where it hurts, ie: the wallet.

I've already sold mine, and am saving loads.

How many cars do you see every day, sitting in peak traffic with one occupant? Think many of them can afford to do that 5 days a week when gas is $2+ per litre? Get them carpooling, onto public transport, whatever, and the roads might finally start to clear.

I'm hopeful anyway.

[cowboyz]

I dont think bikes are that much cheaper. For me, anyhow, it is cheaper to run my wifes hyundai 1.3 hatchback than my zx9r. Cost me $120 the other week to go to Hamilton and back.

[Hinny]

...102k door to office, - about 1hr 45 each way

You poor man.
Sounds like you are living in purgatory.
Ever thought about shifting closer to work or working closer to home.

I guess you don't work ten hours a day and sleep ten hours a night.

How's your carbon footprint?

[EJT]

I'm pretty sure 98 has passed the $2 mark up here. 91 is 1.98.

Hard to believe we still have relatively cheap petrol in the scheme of things. I think the UK is getting close to 1 pound a litre. Ouch.

[homer]

it seems funny to me how the price has gone up so much
ok , we pay about double the price for fuel now to what a remember it being .
years ago ok

so i think its just got to go up in a hurry because when there start putting in the bio fuel , the price will have to be more then as well , so its kinda easing us in the the future price, without us realising it .

think about it if the prices was say 1.59 a litre ok and then you get the addition of bio fuel , which i guess will be expensive .
Youd get a jump from say 1.59 a litre to maybe 2.10 a litre
imagine what will happen then , so i think its pushing up to meet that figure .
Im just guessing here . But i wouldnt be surprised that the price of fuel will settle at 2.10 2.15 a litre .
ok this price could be a couple years down the track , but lets see in a couple years or 3 time

[Hinny]

$1.99.9/L for 98.

Yeowch.

What I can't understand is when Bill Birch signed us up for long term oil contracts at $89 a barrel in 1979 (3 times the spot market price!) the price of gas was about $1.50 a gallon.- about 33c a litre.
Now they want 6 times as much.
What's changed apart from the oil companies being allowed to own petrol stations?
Great example of the free market bringing us cheaper prices. Yeah right.
Is it all going to pay invisibles; freight, insurance, refining etc.?

[Mike748]

I dont think bikes are that much cheaper. For me, anyhow, it is cheaper to run my wifes hyundai 1.3 hatchback than my zx9r. Cost me $120 the other week to go to Hamilton and back.

Agreed, if you are heavy on the throttle and run soft rubber then the cost per km would easily work out more expensive than a car.

With oil prices increasing tyres will also get more expensive to produce, and for me tyre's would be the second most expensive part of owning/maintaining a bike.

[gunnyrob]

How's your carbon footprint?


Good God Keith, Who on this site honestly gives a toss about carbon footprints when we go stomping all over Northland and the Coromandel because it's a nice day?

If you want to burn petrol, do it, but be prepared to pay, and don't moan too loudly. As for Biofuel.........:pinch: What a have.

See you at the ATNR?

[mister.koz]

I've gone from a Wrx wagon @ roughly 10km/L - Driving nice to my zxr which uses bugger all and is more fun...

did some 200km on sweet 10L or something... funny how i always checked the fuel eco in the car and can't b arsed with the bike...

[Forest]

What I can't understand is when Bill Birch signed us up for long term oil contracts at $89 a barrel in 1979 (3 times the spot market price!) the price of gas was about $1.50 a gallon.- about 33c a litre.
Now they want 6 times as much.
What's changed apart from the oil companies being allowed to own petrol stations?
Great example of the free market bringing us cheaper prices. Yeah right.
Is it all going to pay invisibles; freight, insurance, refining etc.?

Oil companies owning petrol stations really have nothing to do with it.

The simple fact is that there are more people in this world who want to buy oil than there is oil being produced. This means that oil has become more valuable, and naturally the oil producers are able to ask a higher price for it.

If we don't want to pay the asking price for oil, the rest of world will.

[Hinny]

Good God Keith, Who on this site honestly gives a toss about carbon footprints when we go stomping all over Northland and the Coromandel because it's a nice day?

If you want to burn petrol, do it, but be prepared to pay, and don't moan too loudly. As for Biofuel.........:pinch: What a have.

See you at the ATNR?

It seems like a case of having your cake and eating it too. If we imagine that we have a share of the world's resources then why waste it on pointless travel. My sense of values doesn't put gliding (stomping in your case apparently) all over the beautiful parts of NZ. What a waste of a life spending nearly four hours a day commuting. Daylight saving wouldn't have to much effect on SPman at a guess.

As for Biofuel ..... Making it myself could be the only way I am going playing in my Safari in the future. I went out in it today. Found the fuel gauge reading dangerously low. Put $20 in it which nearly brought it up to E.

ATNR sounds a good call. I need to find $64 dollars to fill the bike up. How weird does that sound?

[Hinny]

Oil companies owning petrol stations really have nothing to do with it.

The simple fact is that there are more people in this world who want to buy oil than there is oil being produced. This means that oil has become more valuable, and naturally the oil producers are able to ask a higher price for it.

If we don't want to pay the asking price for oil, the rest of world will.

When oil was $89 a barrel in 1979 the price at the pump for petrol was about 33cents per litre.
When oil recently reached the same per barrel price I paid nearly 6 times the 1979 litre price for petrol. Closer to the oil refinery than Auckland.

[swbarnett]

Its actually cheaper for me to come to work by train...102k door to office, $17/day. Gas for bike - about $17, plus all the usual running expenses. Train takes the same travel time, unless I'm really lucky with the traffic,- about 1hr 45 each way, plus I can sleep, read, etc.
Indeed. Trains are among the most efficient forms of transport. Buses on the other hand are a totally different matter.


Taking the bike is more conducive to a satisfied mind and body, however!
I hear this! Been stuck in the car this past week. Not good in Auckland traffic (even during the school holidays).

[Forest]

When oil was $89 a barrel in 1979 the price at the pump for petrol was about 33cents per litre.
When oil recently reached the same per barrel price I paid nearly 6 times the 1979 litre price for petrol. Closer to the oil refinery than Auckland.

The oil price never got to $89 a barrel in 1979. The highest it got was $39.50 a barrel which (correcting for inflation) was the all-time highest real price until March 3, 2008.

Don't forget also that in 1979 the value of the NZD was still being set by the government, and was actually worth more than the USD. My historical charts show the 1979 exchange rate was roughly 1 NZD = 1.1 USD

[swbarnett]

Last I heard (and remember I'm in the transportation game) is that 100% is going into the roading budget.
Happy to bow to someone in the know. I was referring to a news article I saw a few years ago.

[Hinny]

The oil price never got to $89 a barrel in 1979. The highest it got was $39.50 a barrel which (correcting for inflation) was the all-time highest real price until March 3, 2008.

Don't forget also that in 1979 the value of the NZD was still being set by the government, and was actually worth more than the USD. My historical charts show the 1979 exchange rate was roughly 1 NZD = 1.1 USD
The price that Bill Birch signed us up for was $89 a barrel. The spot market price at that time was $30 a barrel - the highest it had been.
It may well have reached $39 a barrel by year end.

[Forest]

The price that Bill Birch signed us up for was $89 a barrel. The spot market price at that time was $30 a barrel - the highest it had been.
It may well have reached $39 a barrel by year end.

I don't know of these contracts, but I find it hard to believe that we would pay three times the asking price for a globally traded commodity. Oil is a fungible commodity - you can buy it from anywhere and the quality is basically the same.

There are roughly 159 litres in a standard oil barrel (42 US gallons). So at the 1979 price of $30 a barrel you would have a crude oil cost of 18.8 cents (NZD) per litre. Add refining costs, transportation, retail margins, and 33 cents sounds about right for the petrol price.

Today oil costs around $115 USD a barrel or $0.92 NZD per litre of crude. For back of the envelope estimation purposes, we can apply the same 1979 markup of 75.5% which would indicate that we should be paying around $1.61 NZD per litre. However we now have to pay GST and other taxes which would easily account for the $0.40 difference.

[xwhatsit]

I dont think bikes are that much cheaper. For me, anyhow, it is cheaper to run my wifes hyundai 1.3 hatchback than my zx9r. Cost me $120 the other week to go to Hamilton and back.

That's a litre sportsbike you goose -- the hatchback only has 400 more cubic centimetres! Plus, I bet the hatchback doesn't produce 140hp at 11,000rpm, does it?

Normal bikes are a hell of a lot cheaper. I sometimes see 32km/L (~75mpg).

If petrol prices really do shoot off into the ionosphere, hopefully that'll encourage the bike manufacturers to start producing some nice big air-cooled thumpers we can all lap up. The world needs more GB500s in times like these. It's unfortunate that over the years, despite technology advancing, things seem to go backwards -- my CB250RS did 26hp, 80mpg and 150kph when brand new. The new CBF250 weighs more, has 21hp, gets 135kph, and does about 65mpg. You'll notice the sort of mileage figures the old British twins and big singles used to get as well.

[VasalineWarrior]

FOREST: you can buy it from anywhere and the quality is basically the same.


No, it isnt. Its physical and chemical properties vary a huge degree. Ever wondered why we dont use NZ produced oil like wer're pumping at the moment from the tui oilfield to make petrol? Wrong chemical components. Sure, I guess you could but it would solidify in your gas tank overnight. Its more valuble to sell to petrochemical plants to make things like shoe wax out of.

[Hinny]

I don't know of these contracts, but I find it hard to believe that we would pay three times the asking price for a globally traded commodity. Oil is a fungible commodity - you can buy it from anywhere and the quality is basically the same.


The explanation of why he signed contracts for around three times the spot market price was something like...

"We had to pay a premium for long term contracts"

and

" I'm not going to put the future of New Zealand on the vagaries of the spot market"

This was referred to as the second oil shock. The first being when OPEC trebled the price of oil overnight (1975?) and gas at the pump went from 50c a gallon (11c a litre) to One dollar a gallon (22c a litre)

[Hinny]

It's unfortunate that over the years, despite technology advancing, things seem to go backwards -- my CB250RS did 26hp, 80mpg and 150kph when brand new. The new CBF250 weighs more, has 21hp, gets 135kph, and does about 65mpg. .

My Yamaha 250 would run over the ton and used a ton of gas doing it. Low 20mpg.
My Suzuki 380 was faster and seemed thirstier.
Honda 1100 gets down to 10.3kms / litre.
Maybe I need to change my riding style,

[awayatc]

Most of the cheap oil is gone....there is plenty still left worldwide....But the exploration costs are very high.
The price will keep going up and up untill it becomes economically viable to come up with alternatives....

There is a lot involved in getting oil out off the ground, refine it etc.
Yet a litre of Mineral water will cost the same or even more.....?
And what about a liter of milk?

Supply and demand....real simple

[Bonez]

The world needs more GB500s in times like these. Royel Enfeild should make a killing ;). Set up your own bio deisol plant and you're away.

[homer]

My Yamaha 250 would run over the ton and used a ton of gas doing it. Low 20mpg.
My Suzuki 380 was faster and seemed thirstier.
Honda 1100 gets down to 10.3kms / litre.
Maybe I need to change my riding style,

I would guess
my faimont does better than your 1100

[davereid]

Today oil costs around $115 USD a barrel or $0.92 NZD per litre of crude. For back of the envelope estimation purposes, we can apply the same 1979 markup of 75.5% which would indicate that we should be paying around $1.61 NZD per litre. However we now have to pay GST and other taxes which would easily account for the $0.40 difference.

Government collects $.42.5c in excise tax as well as GST - from todays Dominion Post, so you are spot on !

[davereid]

Normal bikes are a hell of a lot cheaper. I sometimes see 32km/L (~75mpg).

If petrol prices really do shoot off into the ionosphere, hopefully that'll encourage the bike manufacturers to start producing some nice big air-cooled thumpers we can all lap up. The world needs more GB500s in times like these. It's unfortunate that over the years, despite technology advancing, things seem to go backwards -- my CB250RS did 26hp, 80mpg and 150kph when brand new. The new CBF250 weighs more, has 21hp, gets 135kph, and does about 65mpg. You'll notice the sort of mileage figures the old British twins and big singles used to get as well.

Yeah, I had a CB360 twin in the 70's. If treated with care it got 75mpg. But lots of current larger bikes get up there too. I haven't actually measured my ER6F, but it has to be doing 60mpg or better. Its very very frugal.

Stop press, just googled it and http://www.spritmonitor.de/en/detail/184810.html says 4.47 l/100km ie 65 mpg.

[scumdog]

Honda 1100 gets down to 10.3kms / litre.
Maybe I need to change my riding style,

29mpg???:shit:

HALF what my plodder of a 1450cc Harley does two-up and enough gear for touring for a week.

Push the choke in and let the handbrake off matey...:shutup:

[Grahameeboy]

29mpg???:shit:

HALF what my plodder of a 1450cc Harley does two-up and enough gear for touring for a week.

Push the choke in and let the handbrake off matey...:shutup:

My SV does 49mpg on a blast...

[megageoff76]

My 1100 gets about 13kms a litre, and thats just for commuting. Maybe i should get that checked out....

[davereid]

My 1100 gets about 13kms a litre, and thats just for commuting. Maybe i should get that checked out....

Thats about 35mpg..

4 cyls, 4 carbs with big pumps... I'd say its about what you would expect.

[Cajun]

My 1100 gets about 13kms a litre, and thats just for commuting. Maybe i should get that checked out....

i use to be get 200miles (320km) out of tank on my 96 gsxr 1100, fuel light came on about 190ish 90% of the time

[megageoff76]

i use to be get 200miles (320km) out of tank on my 96 gsxr 1100, fuel light came on about 190ish 90% of the time


Thanks for that mate, I guess mines not too far off then. Last check, 10.3L gave me about 80miles before reserve.

[Cajun]

my 600 average is 6.9l /100kms, seen has high as 10.5l /100kms


thats over the past 50,000kms or so

[Cajun]

Thanks for that mate, I guess mines not too far off then. Last check, 10.3L gave me about 80miles before reserve.

yeah i did about 20,000kms on mine in less than 12 months communting tauranga -> hamilton 3-4 times a week,
with a big 21 litre tank means you can get big distance.

[Hinny]

29mpg???:shit:

HALF what my plodder of a 1450cc Harley does two-up and enough gear for touring for a week.

Push the choke in and let the handbrake off matey...:shutup:

Handbrake is well off to get that mileage.
Touring I can get around 500kms from a tank full. But that's riding sensibly!

[Hinny]

Here's the answer. Run your bike on water. That dude (nice guy ) over on the shore does.
http://www.runyourcarwithwater.com/?hop=watertt

[Forest]

FOREST: you can buy it from anywhere and the quality is basically the same.


No, it isnt. Its physical and chemical properties vary a huge degree. Ever wondered why we dont use NZ produced oil like wer're pumping at the moment from the tui oilfield to make petrol? Wrong chemical components. Sure, I guess you could but it would solidify in your gas tank overnight. Its more valuble to sell to petrochemical plants to make things like shoe wax out of.

Yes it definitely does vary in composition, but that's why it gets traded according to its classification (heavy/light and sweet/sour).

[Edbear]

I could get my '73 T500 down to about 34mpg, but if I rode it gently with the hotter plugs, could manage about 80mpg! That was when the speed limit was 50mph, (80km/h), and I rode it to Dargaville in the rain keeping it at 50mph max!

My GSX-F600 could get up to 45mpg, but if caning it I could watch the fuel guage drop!

My C50T averages 60mpg getting down to 58mpg loaded and two-up in company with my mates 1200 Bandit and not riding for economy... Can easily get 280km from the 15lt tank.

On our trip to Palmy last weekend our '99 Nissan Pulsar 1600 auto averaged 45mpg, and the '96 Honda Legend 3.5lt V-tec, (We were delivering to its new owner), got about 30mpg. Again, not driving particularly for economy.

[Strider]

With the petrol price rise I am using my bike more and more. I work with sales reps " me not one" they have company car and fuel card. Lucky bastards only have to pay for their own petrol when they have holidays So if you dont like paying for it get a job as a rep with car.:rolleyes:

[xwhatsit]

My C50T averages 60mpg getting down to 58mpg loaded and two-up in company with my mates 1200 Bandit and not riding for economy... Can easily get 280km from the 15lt tank.

Real C50s get about 130km/L. From the 4 litre tank, that's some serious range.

[Edbear]

Real C50s get about 130km/L. From the 4 litre tank, that's some serious range.


Ah, but will a [I]real[I] C50 carry me and the Missus and our gear at the pace of a Bandit in comfort for a 500km day trip?

[scumdog]

I
My C50T averages 60mpg getting down to 58mpg loaded and two-up in company with my mates 1200 Bandit and not riding for economy... Can easily get 280km from the 15lt tank.

About the same as the T-Sport 1450.

And on a good day T-Bird gets 13mpg, about 4.6km per litre!!

[avgas]

Just about croaked when i saw the total $40!!!!
Last time i was on the bike and paid $40 for a full tank of gas i bought the misses and i a feed at the same time.

[avgas]

Here's the answer. Run your bike on water. That dude (nice guy ) over on the shore does.
http://www.runyourcarwithwater.com/?hop=watertt
I just stopped doing that - only cost me $150 to get the tank re-coated for rust:spanking:

[fergie]

I still remember when fuel hit $1 a litre, major uproar but we got over it, guess we will again?

[cooneyr]

I still remember when fuel hit $1 a litre, major uproar but we got over it, guess we will again?

Whatcha mean still remember - that was only about 2003/2004 ish. How bad is your memory???? :msn-wink: I've been waiting for the $2 a litre for the last year or so. Remember the talk of it happing at the end of 2006?

Cheers R

[Edbear]

I still remember when fuel hit $1 a litre, major uproar but we got over it, guess we will again?


I can remember when it hit $1 a gallon...:pinch:

[xwhatsit]

Ah, but will a [i]real[i] C50 carry me and the Missus and our gear at the pace of a Bandit in comfort for a 500km day trip?

Well, if your missus is Japanese and by Bandit you mean a Mexican with a moustache traipsing through the desert...

[spookytooth]

I can remember when it hit $1 a gallon...:pinch:
haha yea $1 a gallon :) i had a impala at the time that cost $17.00 to fill but could get away with putting 00.50c in my 250 yam.I don't think the pumps dish out 00.50c lots any more

[Monkeyboy]

Running out of petrol = go to nearest gas station.

Either way you have to pay it, who gives a shit. I mean c'mon.

Oh noes 1 cent more than the other place, wow 17 cents extra for my entire fill up :rolleyes:

I agree, it makes fuck all difference, running around looking for 2 cents here, 2 cents there, just fill up and go for a ride.

[BIHB@0610]

haha yea $1 a gallon :) i had a impala at the time that cost $17.00 to fill but could get away with putting 00.50c in my 250 yam.I don't think the pumps dish out 00.50c lots any more

I remember frequently putting $1 worth of gas in my little Honda Civic ........ it was in the late 80s I think. I just put $30 in my Audi - less than 14litres ....... hardly moved the dial on the dash ....

[MD]

I can remember when it hit $1 a gallon...:pinch:

+1
Wasn't that an outrageous price to pay!
Try and tell Kids that these days and they just wont believe you.
The up side was that it was so easy to work out your mileage per gallon when it was at $1.00 per gallon.
After that they had to invent calculators so we could keep track.

[scracha]

Mibby more of the tax revenue will go on public transport?
Mibby the big cities will get decent (free) park and ride schemes?
Mibby they'll designate more lanes for cars with passengers?
Mibby more folk will realise that commuting 100km each way doesn't make sense?
Mibby we'll see less litre bike* and V8 car dick extensions on the road?

Whatever happens, we'll cope. It's not like it's an uneven playing field. The rest of the world is having to cope with the high prices too. When the cops stop driving V8's and your average kiwi car is under 2 litres, I'll start to have a sympathetic ear.


*ok...that one was bait

[Edbear]

+1
Wasn't that an outrageous price to pay!
Try and tell Kids that these days and they just wont believe you.
The up side was that it was so easy to work out your mileage per gallon when it was at $1.00 per gallon.
After that they had to invent calculators so we could keep track.


Yup! It cost $2.50 to fill the T500 from empty! And my Bradford with a 6 gallon tank cost an exhorbitant $6.00!!!!

[awayatc]

I can still rememba that you jus had to chuck out some hay to fill your ride.......:apint:

[Jantar]

I can still rememba that you jus had to chuck out some hay to fill your ride.......:apint:

My wife still does that, but in the winter I still have to throw the hay twice every day and she doesn't even ride from June to September. :katman:

[scumdog]

. When the cops stop driving V8's and your average kiwi car is under 2 litres, I'll start to have a sympathetic ear.

Are you talking about on duty - 'cos none of the cars I've ever driven for work have been V8s, last V8 Police car I ever saw was in 1971, last Traffic Cop V8 I saw was in 1985 or so .

Now if you're talking about off-duty then that's another storyi:devil2:

And I remember dad telling me "Petrol will probably go up to 50 cents a GALLON" (Less than 12cents a litre) once and thinking "nah, no way, what does he know":pinch:

[Edbear]

I can still rememba that you jus had to chuck out some hay to fill your ride.......:apint:

Hey, how long have you had the Pegaso? Is it as good as they look to be?


Are you talking about on duty - 'cos none of the cars I've ever driven for work have been V8s, last V8 Police car I ever saw was in 1971, last Traffic Cop V8 I saw was in 1985 or so .

Now if you're talking about off-duty then that's another storyi:devil2:

And I remember dad telling me "Petrol will probably go up to 50 cents a GALLON" (Less than 12cents a litre) once and thinking "nah, no way, what does he know":pinch:

I can remember the poor traffic guys getting the new HQ 253's and to get the best performance they had the 3-sp column-shift manual boxes...

[Hinny]

haha yea $1 a gallon :) i had a impala at the time that cost $17.00 to fill but could get away with putting 00.50c in my 250 yam.I don't think the pumps dish out 00.50c lots any more

I can remember putting 10c worth in my Yam 250.
Student days...the last 10c I had to my name. Probably got me a litre. Rode really carefully on that.

[Hinny]

I can still rememba that you jus had to chuck out some hay to fill your ride.......:apint:

I can remember breaking open bales and chucking hay around to have a ride.:love::woohoo::niceone:

[JATZ]

Just bin for a ride round the block, $30 fill at home to start things off, $40 something in Arthurs pass(thieving pricks $2.00.9 a litre,dunno how they lie straight in bed) Then $33 in Kaikoura. $100 give or take, not to bad for just over 1000 k's and 2 days entertainment

[munterk6]

only answer to this problem is to EARN MORE $$$.
that way, ya dont have to complain! And as for the poor buggers that have dependants(wife, kids, dog etc) ya gotta get the wife n kids contributing to the household budget...makes sense? So often "the provider" is saddled with so much debt, he has to work loooooooooong hours and miss out on having a life whilst the missus is cruising along and making more demands for new stuff for the house. So ya gotta make extra $$$ to compensate for the price increases in any way ya can...within reason lol ;)