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Thread ID: 139713	2015-06-16 00:47:00	Oil prices	Cicero (40)	PC World Chat

Post ID	Timestamp	Content	User
1402774	2015-06-16 05:02:00	Let’s face it, we are being screwed. I saw an interview with a sheik a while ago and the reporter questioned him on the price of petrol. His reply was their take was 36 cents per litre so the question should be better directed elsewhere. And just for comparison here is a photo taken a fortnight ago in the remote but beautiful Hervey Bay (Aus) where they aren’t happy about the cost of fuel either. 6527	B.M. (505)
1402775	2015-06-16 05:33:00	Saw on a fishing Forum not long ago over $60 million of fuel is used on recreational fishing(on the water) a year ,there is probably a similar figure used on lawn mowing A very handy way of multiple Tax grab on fuel that is not used on the road,some can claim the Tax content back(lawn mowing contractors) but the general public has to grime and bear it	Lawrence (2987)
1402776	2015-06-16 05:49:00	I never understood the constantly fluctuating prices of petrol anyway, the stuff in the tanks is already there. Whatever it cost to get it there is money already spent and will not change regardless of current oil prices. I guess maybe the oil companies maintain ownership of the fuel and local stations are selling it on behalf? Is the oil being paid for as it's sold to the end customer in refined form rather than somewhere further up the chain? However they work it out it's a screwy system.	dugimodo (138)
1402777	2015-06-16 06:57:00	I share the cynicism about oil companies - they aren't in business as a public service. However the facts show NZ is a tiny unprofitable market. Shell is gone (replaced by Z Energy which is a kiwi operator). Exxon have been trying to sell Mobil NZ since 2009 with no takers. Just now Chevron have reached a contract selling Caltex to Z subject to Commerce Commission approval. That leaves BP and Gull (which barely exists outside large centres). Giant business like Shell, Exxon, and Chevron would not sell successful oligopolies (monopolies).	Winston001 (3612)
1402778	2015-06-17 12:17:00	I never understood the constantly fluctuating prices of petrol anyway, the stuff in the tanks is already there. Whatever it cost to get it there is money already spent and will not change regardless of current oil prices. I guess maybe the oil companies maintain ownership of the fuel and local stations are selling it on behalf? Is the oil being paid for as it's sold to the end customer in refined form rather than somewhere further up the chain? However they work it out it's a screwy system. Most petrol stations these days are owner/operator. There isn't much profit in fuel. I know a guy who gave up his BP contract and focused on his workshop: he said it was the best decision he ever made. A friend owns a petrol station and fuel price changes are a lottery. The tanker arrives, dumps 100,000 litres, and the money is direct debited to the oil company the next day. In the meantime the retail price might go up or go down. Either way the operator takes a hit or an extra profit. Pure luck.	Winston001 (3612)
1402779	2015-06-17 21:50:00	See the price here now seems to be $2.12 Gone up about 6 cents since last week..	paulw (1826)
1402780	2015-06-17 22:05:00	I know what you are saying there Winston "There isn't much profit in fuel" you hear that a lot, but there are a lot of petrol stations and you wouldnt be in business if you werent making money.	Gobe1 (6290)
1402781	2015-06-17 23:17:00	I know what you are saying there Winston "There isn't much profit in fuel" you hear that a lot, but there are a lot of petrol stations and you wouldnt be in business if you werent making money. Which is why so many have closed over the last 20 years . :-) The local ones get converted into coffee shops or vegge shops . Not the best choice of place to sell food, Im sure old petrol stations would be toxic environments , just how much lead would have accumulated over the years ?	1101 (13337)
1402782	2015-06-18 01:27:00	Which is why so many have closed over the last 20 years . :-) The local ones get converted into coffee shops or vegge shops . Not the best choice of place to sell food, Im sure old petrol stations would be toxic environments , just how much lead would have accumulated over the years ? A lot of the old ones who have closed over the past 20 years or so were quite often ones whose fuel tanks have come up for replacement and the owner can't afford it or the oil company won't pay for it because they have a nice shinny new company owned station about 1Km down the road..	paulw (1826)
1402783	2015-06-18 01:44:00	I worked for 6 months in a petrol station a few years ago between better jobs. The owners told us they make most of their money from the shop and only a small amount from the fuel. Not surprising when you consider the horrendous prices at most petrol stations. It also explains why all the larger stations are more like a dairy and/or cafe inside than anything car related.	dugimodo (138)
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