Victorian Fuel pricing trends Versus Queensland or other states.
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Thread: Victorian Fuel pricing trends Versus Queensland or other states.

  1. #1
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    Icon5 Victorian Fuel pricing trends Versus Queensland or other states.

    There was a recent article in the papers and on the internet where the ACCC was claiming that Queensland motorists were being ripped off.

    I wonder what the effect of that announcement has been on our Queensland Aussie Froggers.

    I have been mainly observing the Diesel pump prices in Melbourne and country areas.

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    Shell earlier in the year was consistently trying to boost the price of Diesel and BP seemed to be the cheapest but I noticed that around Melbourne Shell have recently dropped Diesel pricing to what seemed a standard for Melbourne

    on 29/09/2017 Shell Moorabbin was selling Diesel at 126.9 a litre and it cost me $63.02 to fill the Megane with 49.66 litres.

    Later in mid October Shell Strathmerton was selling Diesel at 116.9 a litre and it cost me $42.57 to fill the tank with 36.40 litres.

    At the same time I noticed they had ULP posted at 123.9 and 98 RON at 143.9 Diesel 116.9

    I have seen ULP at Lower prices in Melbourne, but who buys ULP these days? They seem to use ULP as a come on price when it is much lower than the Diesel Price..

    I later bought APCO Diesel at the same 116.9 price in Bendigo, but other brands were higher. and Melbourne seems stuck on the 126.9 or higher consistent pricing.

    How does that compare for our Queensland drivers on the Forum ?, and has the ACCC announcement made any noticeable price difference?

    Ken

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    Thanks Ken, I always buy my Diesel from the same independent servo usually around 119 to 121.9 as all the big name servo's do the same and advertise the low price ULP and continue to have diesel between the 126 to 132 as I drove past today.
    I make most of a full tank and get approx 1000km of mixed urban and highway driving so only filling once every 10days or longer. SŤe what others have noticed.
    Dimi

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    Last edited by dimistyle; 12th October 2017 at 08:48 AM.
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    1000+ Posts REN TIN TIN's Avatar
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    I would be hard to argue with the ACCC finding that Queenslanders were being ripped-off on petrol.
    If they have found this to be the case, why don't they do something about it.
    That is their job isn't it or have they had their bollocks cut off by tame governments and all they can do now is tell people they're being touched-up.

    It's hard to compare prices when they're changing not only daily but seemingly a couple of times a day.
    There could be a change of 10 cents or more during the course of a day.

    The cheapest I've paid recently was in mid-July of around $1.15/ltr (95RON) but two weeks later at the same servo it was $1.45/ltr.
    Last fill about 10 days ago was about $1.60/ltr for 98RON.
    I fill up when my tanks empty, I don't top-up if I see cheap petrol.
    Queensland used to have the cheapest petrol in the country once but now it's either the dearest or in the top two.

    One thing that I've noticed is the number of new filling stations going up.
    There are three new servos on a four kilometre stretch near my work.
    All were independents, not Shell/BP/Caltex outlets.
    Must be money to be made in pumping petrol.
    Of course they all have the convenience store attached and the obligatory coffee shop but only desperados (or cab drivers at 2AM) would buy anything from the shop so they have to turn a profit from petrol.

    Cheers
    RTT
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    Default Victorian Fuel pricing trends Versus Queensland or other states.

    My PULP is currently the E10/95 green handle (not the yellow 95 PULP one) @United - sub 1.20 and some places even sub 1.10.
    No difference in economy and book approved.


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    Ps - itís my understanding that the French owners of the Shell brand are prioritising Avtur and bitumen......in such a price sensitive market their retail outlets must be struggling.

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    Quote Originally Posted by REN TIN TIN View Post
    If they have found this to be the case, why don't they do something about it.
    That is their job isn't it or have they had their bollocks cut off by tame governments and all they can do now is tell people they're being touched-up.
    Cheers
    RTT
    Hi,
    What do you reckon the ACCC should do?

    Regards,
    John.

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    Icon14 Agree or disagree everyone has a point of view I guess.

    Quote Originally Posted by John Handley View Post
    Hi,
    What do you reckon the ACCC should do?

    Regards,
    John.
    I guess you should state what you think the ACCC should do?

    Regards

    Ken

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    Quote Originally Posted by John Handley View Post
    Hi,
    What do you reckon the ACCC should do?

    Regards,
    John.
    Run D9 Caterpillar tractor over the top of the miscreants premises.
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    Quote Originally Posted by Kenfuego View Post
    I guess you should state what you think the ACCC should do?

    Regards

    Ken
    Hi Ken
    Why?
    Personally, I find it helpful to ask other people's opinions as part of working out what I think. Don't you?

    Regards,
    John

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    Quote Originally Posted by Nagaman View Post
    My PULP is currently the E10/95 green handle (not the yellow 95 PULP one) @United - sub 1.20 and some places even sub 1.10.
    No difference in economy and book approved.


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    Ps - itís my understanding that the French owners of the Shell brand are prioritising Avtur and bitumen......in such a price sensitive market their retail outlets must be struggling.
    As far as I, the UK and Holland are concerned Royal Dutch Shell seems to be an Anglo-Dutch company which owns Shell Australia.
    It's another lovely day! Again!

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    Hi Kim,
    I think the poster is referring to Vitol, which bought the Shell branded businesses in Australia a few years back, though it seems hard to know who really owns it.

    Regards,
    John

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    I confirm the assets of Shell Australia were sold to Vitol in 2014, Vitol is also a Dutch company. Shell retained their Aviation business.
    It's another lovely day! Again!

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    Icon5 Curiosity as to how Queensland motorists view the national ACCC publicity ?

    I see that in August there was an apparently re-hashed set of controls proposed by the Queensland Government to kick in from February 2018.

    https://www.brisbanetimes.com.au/nat...05-gxq2tq.html

    Doesn't seem like the ACCC or the Government legislative action in February 2018 is producing any discernible effect for long suffering motorists in Queensland!!.

    Is it receiving much publicity in the local media at grass roots level?

    Is there a viable alternative discount fuel source ?, as that seems to ensure some competitive price response in Victoria.

    Certainly seems to have temporarily stopped SHELL as the leader in pushing for an out-of-sync higher Diesel price and now settling down to be more competitive. Competition seems to be the key.

    Perhaps our other Queensland froggers can show light on those questions.

    Regards

    Ken

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    Quote Originally Posted by John Handley View Post
    Hi Ken
    Why?
    Personally, I find it helpful to ask other people's opinions as part of working out what I think. Don't you?

    Regards,
    John
    My father was a Dutchman, so I look in the mirror and ask myself what I think. Radical, I know.

    John
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    Quote Originally Posted by Kenfuego View Post
    I

    Doesn't seem like the ACCC or the Government legislative action in February 2018 is producing any discernible effect for long suffering motorists in Queensland!!.
    Regards

    Ken
    Hi Ken,
    I think the reason the legislative action isn't producing any discernbile effect for long suffering motorists in Queensland, is that it isn't February 2018 yet, so the law hasn't started yet. There could be other factors, but I reckon that is it.

    Regards,
    John
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    Icon11 Is this a get in a price rise before the drop overseas forces market response?

    Did anyone else catch the Friday night announcement that World crude oil prices were dropping? I know that in Melbourne none of the retail oil companies heard that apparently, as this weekend when we drove out of Melbourne along Bell Street, Shell had diesel prices at 139.9 and ULP at 144.9 and the rest close to that as well.

    We decided to wait and see what Bendigo had to offer!!, Bit of a mixed bag with prices all over the shop.. anyway we were able to purchase Diesel at 116.9 a litre so filled the Megane tank with 40 litres plus at $46.90 with $4.26 GST in that price, so not too bad for about two weeks running around since the last fill.

    ULP at the same outlet was 121.9 and that is still pretty high when you consider no one seems to buy ULP anymore E10 at 119.7 was also above the Diesel price of 116.9 and LP Gas was 69.9 and that seems a bit high too, but then there is a lot of Federal pollies pushing and prodding at the domestic Gas price that is higher than we land it in places like Japan (For a variety of reasons)

    I wonder how long it will take for overseas oil to drop and that decrease in price hit our pumps. If I get a round tuit I might take a look at that factor in depth IF Diesel prices rise domestically.

    You really do have to keep a close watch on who is leading the prices up and the companies that resist or lower the prices in real competition, and making volume sales at these times. IMHO!

    Anyone else see large price changes in their fuel up or down this 21st of October 2017?

    Ken

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    Donít forget to factor in the recent indication of a gradual decline in the $A v $US.......exporters want it down to 65c !


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    Hi,
    I don't reckon anyone is in a position to announce that world crude prices are going up or down, especially down. The producers can't even make it go up when they want to, and no large group wants it go down. Like Nagaman was getting at, I found a graph of crude converted to Australian Dollars. Turns out it has been going up for months and this very day is the highest it has been for about 6 months. So not sure why anyone would be saying it was going down.

    Regards,
    John

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    Icon14 Obsrvation of movement in prices and any real competition in pricing is the key!

    Quote Originally Posted by Nagaman View Post
    Don’t forget to factor in the recent indication of a gradual decline in the $A v $US.......exporters want it down to 65c !


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    You are probably right in that, however one needs to steer away from industry sources, as they have a vested interest in higher everything and much is made to order propaganda, or compiled with rose coloured glasses.

    Best trend evaluation is by observation of local prices and trends and then comparisons, between different locations, across Australia, preferably roughly at the same time period, as much of the manipulation of prices is in the creation of confusion generated among motorists by differing types of fuel. The most commonly quoted price is ULP 91 Ron when a decreasing number of motorists buy that grade of fuel. Vintage car people of course still do, but then there is special ?? grades premium and the price difference is the key to compare apples with apples. the industry likes to say there is real competition but in reality that seems much less today unless motorists are determined to get a bargain and shop around - most just fill and accept the price as most service stations maintain a similar pricing range.

    There of course are people that have to buy fuel and cannot afford it as wages have become pretty stagnant except for elite millionaires like some of our privileged politicians!!

    Ken.

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    Hi Ken,
    I don't know about trends in petrol prices, but Nagaman and me were just commenting about the international price of crude. That has been going up in every currency, and quite a bit in Australian Dollars. You don't need industry sources to see that.

    Regards,
    John

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    Hi,
    It appears that the price of fuel has jumped very recently here in Newcastle. I went to get some 95 and was astonished to see prices of 160+ . However on Fuel watch the best price today is 148 near me. That is at independents.
    Shell service stations here seem intent on driving customers away with their prices. 160 on fuel watch. However the Coles ones can offer up to 20c a liter off with silly offers. So they rip off other customers 20c.
    Jaahn
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    Icon4 I've been lucky still getting 116.9 Diesel. but..................

    Quote Originally Posted by jaahn View Post
    Hi,
    It appears that the price of fuel has jumped very recently here in Newcastle. I went to get some 95 and was astonished to see prices of 160+ . However on Fuel watch the best price today is 148 near me. That is at independents.
    Shell service stations here seem intent on driving customers away with their prices. 160 on fuel watch. However the Coles ones can offer up to 20c a liter off with silly offers. So they rip off other customers 20c.
    Jaahn
    Sad that Jaahn. Shell has settled down a bit with the Diesel price, but it is still high in Melbourne with 127.9 the average, but then we seem to be re-routing our trips so that we get our 116.9 Diesel Price and as we drove back to Melbourne along Bell Street, there was one lone BP Station near Merri Creek that doesn't want to sell fuel to anyone but brain dead motorists who last Monday were 147.9 a Litre for Diesel, now that is a dead set rip off as even the Heidleberg West BP was in the 127.9 range, but our full tank meant no need to purchase Diesel for a week or so and I get to visit my older brother in Bendigo as well!

    How about those that have converted to LPG or have modern LPG fuelled vehicles? Gas prices in Melbourne that used to be in the 50's range of prices are now 69c a litre on average and I saw one at 75 cents a litre How is that for you Interstate guys? NO excuse for those extremes in prices IMHO!

    Need a new Motorists advocate in the Federal Parliament. Hope Fuel prices get some coverage in the upcoming Queensland Election - has the Election announcement done anything to lower prices there?

    Need to keep up the pressure on the pollies I think.

    Keep your observations coming in on those local pricing changes. There was an article suggesting that NSW had better fuel pricing legislation but my casual observation of just over the border pricing doesn't seem to indicate much effect, In Echuca Moama prices lately seem uncompetitive - same basic pricing structure either side of the border and United doesn't seem to be keeping prices down like they used too. Sad really for country motorists.

    Ken

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    Fellow Frogger! N5GTi6's Avatar
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    I use MotorMouth to fill up on the low cycle. I also have the App on my phone. Very handy.

    https://motormouth.com.au/

    Cheers

    Justin
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    Icon14 Appy hunting, well done IF you are beating the price hike scam.

    Quote Originally Posted by N5GTi6 View Post
    I use MotorMouth to fill up on the low cycle. I also have the App on my phone. Very handy.

    https://motormouth.com.au/

    Cheers

    Justin
    Good for you Justin, However as has been pointed out many times, the so called "discount cycle" is NOT in any shape or form a real indication of competition , it is an oil industry controlled cycle that is manipulated by the oil industry to give high upswings in retail pricing and gradual returns to a base price, it may in rare cases dip below the gate sale price controlled by the wholesaling practices of the refining and marketing Industry. But still represents a better than average, that is, normal retail price at consumer level, it gives the appearance of true competition but relies on enough consumers that are caught out and have to fill with fuel at the higher than average level artificially created in the sharp price upswings.

    My analogy is like the rim of a spinning top, one edge will be high and the other low at some location in Australia and in these days of sophisticated computer evaluation of the retail selling, so a desired higher than average price can be maintained by the industry over the life of the so called discount cycle. But some motorists will pay a higher rather than lower that average price. But the industry overall gets increased profit from the marketing cycle.

    We think ourselves lucky in some states to have the opportunity to participate in the illusion thus created by the oil industry of price reacting to "competition" but it is not so.

    Some states like Tasmanian motorists have been exploited by controlled high prices and no such low cycles, but did benefit when the ACCC had a close look at the pricing structures across Tasmania and retail prices on average dropped, they may have returned to the industry desired retail level by now i.e. well above average mainland selling levels.

    Perhaps our Tasmanian members may wish to comment to point out the present today pricing at each level of the retail selling of fuel.

    There is considerable price creep between basic ULP pricing to 95 RON Fuel and then on to the variously marketed Premium fuels, LPG Gas pricing and of course diesel that was once always marketed at lower than the unleaded fuel price as a cheap by product of refining other fuel stocks.

    So called marketing additives play a significant part in charging different pricing structures and it pays to keep a close eye on those price levels and the real cost of marketing a nice smelling fuel at the pump.

    So keep your eye on your app as you will save by avoiding the high boosted fuel cost that is the real consequence of the artificial industry created selling "cycle" Well done.

    Ken

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    Yep - pretty easy to work out really. A bit of simple tech and we don't need to worry about whether Tuesdays are cheap days.

    Cheers

    Justin
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    Icon10 I had a chuckle today while reading the morning paper.

    I was reading the Friday morning Herald Sun, the important part the Your Say Page 55 when I came across this gem that seems quite appropriate in an automobile chat section


    Viscous attack

    A lot of people can't understand how we came to have an oil shortage here in Australia. Well, there's a very simple answer. nobody bothered to check the oil and we just didn't know we were getting low.

    The reason for that is purely geographical. Our oil is located in Bass Strait, East Queensland Shale Fields, Canning Basin, Perth Basin, and the North-West Continental Shelf. But our dipsticks are located in Canberra.

    Jack Wiles, Gilmore ACT.


    Bravo a man after my own heart and devilish humour

    Ken
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