Petrol price bugging ya?

[98tls]

Blame this bugger.http://www.autoblog.com/2008/01/03/o...it-100-barrel/

[Dave Lobster]

Nope. My moped does seventy miles to the gallon..

[sunhuntin]

the only time the petrol price bugs me is when customers basically say that their money goes right into my wallet. hell... i pay the same price that they do... aint my fault they drive a car that goes from full to empty with the turn of a key...

im currently thinking about supplying my co worker with a new shirt... either DIY, DILLIGAF or it aint our fault.

[slimjim]

Na not yet , however after seeing the new's this evening it sound's like we'll be up around the 2 buck a litre real soon, then it'll make juggling the car's and bike a bit tighter bloody strange though about the oil , as now day's the norm seem's to be 5ltr oil bottles on most shop floor's yet most car motor's still only need 4ltr's for a oil change why the extra litre ?

[200BUSA]

Not bugging me yet the price.But went on our Kaikoura ride and filled up at Culverden and was $2.00 a ltr --$40.00 to top the tank up.

[Jantar]

...bloody strange though about the oil , as now day's the norm seem's to be 5ltr oil bottles on most shop floor's yet most car motor's still only need 4ltr's for a oil change why the extra litre ?

So you don't have to buy 2 containers for a 4.5 L (1 gallon) oil change.

[homer]

why worry
after all beers 7 a litre roughly
Quite happy to spend 40 for a bottle for the one night arnt you

[homer]

Na not yet , however after seeing the new's this evening it sound's like we'll be up around the 2 buck a litre real soon, then it'll make juggling the car's and bike a bit tighter bloody strange though about the oil , as now day's the norm seem's to be 5ltr oil bottles on most shop floor's yet most car motor's still only need 4ltr's for a oil change why the extra litre ?

Maybe cause it saves you the buying of a 1 litre top up if you change the filter as well

most modern motors hold a little over 4 litres today

[rainman]

Blame this bugger.

Clever move on his part, I reckon. However much this is being presented as a "vanity trade", I can think of circumstances where taking a few hundy loss for the sake of breaking the $100 psychological barrier could be quite lucrative. Wonder what other contracts this dude is holding?

Back to the real issue, though: however easy it is to blame one person and one trade for the small rise it took to get over $100, the fundamental issue is that prices are up ~50% for the year, and 10x since the early 90's. There are lots of reasons for this but it's increasingly hard to discount the view that there are real supply and demand issues underpinning the problem. Discovery is down, consumption (yes, particularly in China and India) is up and continuing up strongly, and lots of oil provinces are in clear (and rapid) decline. Them what's meant to have the vast reserves (e.g. Saudi Arabia) don't have check-able info to verify this "fact". All in all, things look a bit shitty in the medium term. Possibly even Quite Shitty, I'd suggest, considering how much we all depend on oil and it's direct and indirect uses.

I'm just really, really glad that I don't drive a V8 or an SUV!

[merv]

The bottles of oil I buy are 4 litres, to me its the 5 litre bottles that are rare.

[Edbear]

...aint my fault they drive a car that goes from full to empty with the turn of a key....

Hey! Don't look at me, I can turn the key at least three times...!

[Macstar]

December 29, 2007 I paid $1.999 per litre at the Hokianga petrol station (far North) for 95. All other stations in the far north that I saw were charging between 1.79-1.85 at the time for 95.

The independent owner of the station was obviously doing his upmost best to rape the locals and xmas/new year visitors.

So yeah, $2 a litre has already hit NZ!

[The Pastor]

hahaha, i love that photo on the link "anyone paied $101 yet"

[Flatcap]

...there are real supply and demand issues underpinning the problem. Discovery is down...

Still plenty of oil to be found yet:

http://news.bbc.co.uk/2/hi/business/4563896.stm

[Steam]

Meanwhile in Venezuela they pay less than 10 CENTS a litre.
We could have that too, get Venezuela to come in and help us extract it, help us build the infrastructure, Chavez would love that.
The big oil companies wouldn't though.