Petrol prices getting close to last year's record. What about your city or town?

Forums › Transport (cars, bikes and boats) › Petrol prices getting close to last year's record. What about your city or town?

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#2881306 8-Mar-2022 17:05

Why would oil extracted here be sold here at any real difference to international market prices? If the price offered internationally was higher the private companies running the wells will ship it or charge the same in NZ. In a supply pinch the world will be paying higher so I dont see how it would help us? All of the pollution with none of the gain

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Rikkitic

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#2881307 8-Mar-2022 17:05

wratterus:

This has probably already been mentioned somewhere in this thread.... but how is our government so out of touch with reality? It's like they are operating in an alternate universe somehow, where they are beholden to only Greta.

That is one way of looking at it. Fortunately, there are others.

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Batman

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#2881348 8-Mar-2022 19:07

I think we should make our own EV. Or invite Tesla to build a plant

Obraik

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#2881349 8-Mar-2022 19:09

wratterus:

This has probably already been mentioned somewhere in this thread.... but how is our government so out of touch with reality? It's like they are operating in an alternate universe somehow, where they are beholden to only Greta.

Stopping all new oil exploration, closing our refinery, making us totally reliant on oil from overseas....I believe we could be fully self sufficient in that regard if they didn't have their heads so far up their ..... that they could actually see & reason like normal humans. Clean and green yada yada yada, the need for oil isn't going away anytime soon. Oh, no problem, we'll just import it, and coal too, that's much better for the environment, of course. 😡

I remember National saying they would reverse that ban - not sure if that is still the case, but with Marsden Point now being closed, what's even the point?

It just boggles the mind. The Green party (and seemingly Labour) are totally ....ing this country and there doesn't seem to be any end to it. Makes my blood boil just thinking about it.

Anyway. Sorry about that. Rant over haha. 😑

How is it the governments fault that a private entity decided to shut down their business? How is it the governments fault that there's a war brewing in Europe that is spiking fuel costs internationally? The USA for example has subsidised fuel at the pump and in many places their fuel is the same price as ours now.

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Obraik

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#2881351 8-Mar-2022 19:11

Batman: I think we should make our own EV. Or invite Tesla to build a plant

Someone has been trying!

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GV27

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#2881366 8-Mar-2022 19:44

Obraik:

Batman: I think we should make our own EV. Or invite Tesla to build a plant

Someone has been trying!

I'm kind of pissed off this wasn't a Trekka EV. It's the only car that we're legally allowed to make here.

mudguard

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#2881383 8-Mar-2022 20:52

Let's be honest, EV owners will have a nice run until RUCs are determined, or power companies start changing their pricing (if it were technically possible) when an EV gets plugged in at home.
The drop from petrol excise will be obtained from somewhere.
And this is from someone who drives 30-40,000kms work kms per year. I get a per km reimbursement but I wouldn't want something really thirsty.

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Batman

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#2881425 9-Mar-2022 06:51

Russia has warned oil price is going to double from what it currently is

Oblivian

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#2881430 9-Mar-2022 07:28

Batman:
Russia has warned oil price is going to double from what it currently is

Needs to be taken into context.

They produce their own. They also export a chunk of it. (About 10% global supply)
They're under some of the Biggest bank and spending difficulty suddenly so need to rely on local stocks.
USA are threatening to cut off buying it. Which will increase demand on the domestic, saudi and middle east sources. That will drive cost unless they up production too.

We're being slammed because we buy futures from consolidated sources, which are all panicking about supply issues, and as result the US pricing per barrel is highest in 14years. It's well over 100 again.

Supply/demand concern. Its nearing in on $4/gal for them too.

Side note, we also export most of ours.. it's worth more. Go figure.

RobDickinson

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#2881445 9-Mar-2022 08:11

mudguard: Let's be honest, EV owners will have a nice run until RUCs are determined, or power companies start changing their pricing (if it were technically possible) when an EV gets plugged in at home.
The drop from petrol excise will be obtained from somewhere.
And this is from someone who drives 30-40,000kms work kms per year. I get a per km reimbursement but I wouldn't want something really thirsty.

RUC wont make any substantial difference to the cost of running an ev nor to the price disparity between ev and fossil cars. RUC will get a major overhaul. Until then we can ignore it.

Might surprise you but we already have EV specific power plans that give away free power. Ultimately if they put the price up too much you just switch to solar and make it at home. One of the benefits of EVs is you can easily source electricity from many companies or make it yourself.

Anyone driving 30-40,000km a year should be looking at EVs already.

PsychoSmiley

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#2883462 9-Mar-2022 09:07

RobDickinson:

Anyone driving 30-40,000km a year should be looking at EVs already.

Oh I do, I swoon over many. It's just that they're so damn expensive and I can't swing one without a lotto win.

RobDickinson

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#2883464 9-Mar-2022 09:08

PsychoSmiley:

Oh I do, I swoon over many. It's just that they're so damn expensive and I can't swing one without a lotto win.

How much does 40,000km of fuel a year cost you?

PsychoSmiley

250 posts

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#2883471 9-Mar-2022 09:22

RobDickinson:

How much does 40,000km of fuel a year cost you?

Significantly more than I'd like but the cost of entry is above what I can put on the table. EVs are very much Sam Vimes Boot Theory at the moment/rich get richer thing. If you can afford one you save can save more money than your normal pleb because you aren't having to pay for fuel. Also chances are at that $$$ level, you're also sporting a solar system you can charge your vehicle with letting you get ahead more.

If you can afford it, I don't begrudge those that jump across. However for me (and likely many others) on a comfortable single income with mortgage + family, anything of functional use is a damn pipe dream.

EDIT: this is why I'm having to work mental gymnastics just to work out how I can migrate to a very simple hybrid Toyota Fielder at $13k from our very old straight petrol version.

RobDickinson

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#2883477 9-Mar-2022 09:28

Must be $9k or more? That could finance a model 3 RWD over 7 years on its own

Dingbatt

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#2883483 9-Mar-2022 09:39

RobDickinson:

RUC wont make any substantial difference to the cost of running an ev nor to the price disparity between ev and fossil cars. RUC will get a major overhaul. Until then we can ignore it.

Might surprise you but we already have EV specific power plans that give away free power. Ultimately if they put the price up too much you just switch to solar and make it at home. One of the benefits of EVs is you can easily source electricity from many companies or make it yourself.

Anyone driving 30-40,000km a year should be looking at EVs already.

You make such sweeping statements in absolute terms.

How do you know RUCs won’t substantially contribute to the cost of running an EV? Money for roads has to come from somewhere. Victoria has already introduced a per km levy on EVs. If you are currently paying virtually nothing to run your EV then RUCs may be substantial.

Likewise your comment about power plans. At the moment there are discounts for off peak charging of EVs in some plans. This is generally at night when the sun isn’t shining and most people have their vehicles at home. But once there are hundreds (or thousands) of EVs plugging in for those rates, sucking between 2 and 7kW each out of the grid, how long will it be before the period is no longer off-peak and normal rates will apply? On windless nights in the middle of a dry year we burn (dirty) Indonesian coal to meet energy needs. All well and good to say switch to solar, but if the Sun isn’t shining, how do you charge your EV? Not everybody has the luxury of being retired and sitting at home during the day. So you add batteries to capture the energy and all of a sudden you are up to a $30K investment.

Its easy for someone who dropped $100K on an EV to assume everyone else can just magic up the funds.

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