Petrol up 6c per litre

**Swoop** · 24th January 2006, 18:43

This from todays Herald...

Petrol prices up 6c

24.01.06 1.50pm

Motorists will have to open their wallets a little wider as petrol prices increased by up to 6 cents per litre today.

BP and Shell garages in Wellington both reported increases in fuel prices while Mobil is expected to follow.

Caltex said it had not increased prices.

At one BP garage in Wellington the price of unleaded 91 rose from 142 cents per litre to 147.9 cents per litre.

The rising price of crude oil has been exacerbated by the recent fall of the New Zealand dollar against the US dollar.

A barrel of benchmark Dubai crude out of Singapore has risen to US$63.94 from US$61.57 on January 13 (3.8 per cent), but in New Zealand dollars, the price has risen from $89.24 from $97.62 (9.4 per cent) over the same period.

The question is, will we be seeing another increase in bike sales because of it?
It would be great to get an idea from the dealers we have on the site. In the middle of last year I spoke with a dozen or so "in the industry" and they said small bike sales and scooters were selling like hot-cakes.

**Gremlin** · 24th January 2006, 18:57

Again, I get screwed from not filling up... and I need to... whyyyyy didn't I yesterday

**Kickaha** · 24th January 2006, 19:09

Originally Posted by Gremlin

Again, I get screwed from not filling up... and I need to... whyyyyy didn't I yesterday

Yeah you might have saved all of a couple of dollars

**Gremlin** · 24th January 2006, 19:12

I don't feel unnecessarily charitable towards those err... gentlemen

More for me means more gear, quicker... and my timing keeps on sucking, so it adds up.

**Ixion** · 24th January 2006, 19:55

Good, good. Higher it gets, more bikers there be. Wish I owned a bike shop, they'll be queueing up next week for scooters and GN250s.

Petrol is still cheap as compared to the 60's and 70's, reckon it needs to hit about $2.50 a litre. Will soon.

**Damon** · 24th January 2006, 20:26

the bastards keep putting it up for fear of a terrorist attack but it never happens, and then the price doesn't come down again, then a week later the same excuse is used for another price rise

, what about the 6c a litre you took from us last week you wankers

**thehollowmen** · 24th January 2006, 20:42

I pity the middleman.

He's paying cents per dollar as transaction fees by credit card or eftpos.. with fuel prices and costs going up he has to pay more off his markup to the bank.

Funny, because I also see the govt gaining more in their 12.5% (or overall 45%) in tax too...

But yeah, we're getting screwed over by the big guys at the top.

**manuboy** · 24th January 2006, 20:50

Originally Posted by Kickaha

Yeah you might have saved all of a couple of dollars

A couple of dollars my arse man! somebody who works in the transport industry might be able to set me straight, but up until now it seems some companies have been pretty relaxed about passing on increased costs - possibly because of the nature of the worm... but i always notice fuel prices not so much when i'm at the pump but when im shopping for the necessities - you know... like food? it all starts costing a bundle more when the costs get passed on man ...

**skidMark** · 24th January 2006, 21:43

to enlighten you on the sales situation petrol prices hit $1.50 the phone did not stop ringing until the price dropped again scooters sold out within maybe a couple of days....we got an urgent 20 foot container in by the time it got here we were unloading them from the container putting plates on them and they went out the door...
as they were already sold before the container probably even left china...

so in came another 40 footer and thats getting down on those..... more 40 footers on the way i think.

ive got a scooter i'm about to sell myself a 2005 in mint condition stuff all k's may see how high petrol goes before i sell up but will be very soon as ive been watching what is happening...

so many people love the fact of driving on a car license...

and low rego cost....and low fuel consumption so they fly out the door when gas goes up.

my 147.9 cents (lol)

Cheers: MA

**thealmightytaco** · 24th January 2006, 22:16

Man, and I just worked out the other day that after oil I'm payin' about $2.25 a litre for runnin' the NSR. It'll be $2.50 shortly. Feel the burn.

**JWALKER** · 25th January 2006, 06:37

damn it and im back to driving a cage, that sux

**sAsLEX** · 25th January 2006, 06:52

Originally Posted by Swoop

The rising price of crude oil has been exacerbated by the recent fall of the New Zealand dollar against the US dollar.

This is all quite funny really. Over the last few years the strenthening of the NZD vs the USD has had no effect on the cost of petrol, but now it goes the other way and they whack up the price! Cunts sums it up I think!

**Big Chim** · 25th January 2006, 06:57

Originally Posted by sAsLEX

This is all quite funny really. Over the last few years the strenthening of the NZD vs the USD has had no effect on the cost of petrol, but now it goes the other way and they whack up the price! Cunts sums it up I think!

Better hope our dollar does'nt drop to fast or we are really going to shit our pants!!

**SVrunner** · 25th January 2006, 06:57

With high petrol prices I was able to sell my trade my 250 in & got the best price possible then dealer almost sold it for what I had paid for it new.
If prices are going up & people buy small bikes then a few years from now bikes will rule the road.