Petrol price up to a new high ($2.16)

[Blackshear]

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]

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.

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

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

[marty]

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

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]

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

[marty]

i enjoyed my ride to work on my scooter today $1 a day....

[The Everlasting]

i enjoyed my ride to work on my scooter today $1 a day....

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

[MD]

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]

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]

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

Thats it im buying a train!...

[Toaster]

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

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

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.

[rainman]

Ride Motorcycle. Work harder.

You work???

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.

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

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.

And there, sir, you have the problem.

[scumdog]

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]

Some good reading for those that want to dig into the details a bit more:
http://ir.canterbury.ac.nz/bitstream...ntasIOconf.pdf

Also an interesting take on things on Breakfast today:
http://tvnz.co.nz/breakfast-news/imp...-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]

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

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.

Maybe a slight over simplification... but still!

[rainman]

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.

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?