Price of Petrol

Forums › Transport (cars, bikes and boats) › Price of Petrol

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574 posts

Ultimate Geek

#2104147 9-Oct-2018 21:42

sbiddle:

GV27:

dickytim:

The are building a tram to benefit 0.1% of Auckland, but to appease their Green party overlords, throwing good money after bad on poorly thought out and implemented public transport solutions.

Just on this; there are so many buses forecast to come down Dominion Road that they won't be able to stop and they'll completely snake up the entire inner city. LRT cuts the number of these buses required to move the same number of people from between 50% - 67%. It's something we have to do no matter what.

Not to mention the LRT which will take longer to get to the airport throughout most of the day than the current bus. I just had a quick look back at my Google timeline from Sunday and it took 31 mins to get from the CBD to the Domestic terminal on the Skybus - LRT is estimated to have a 44 min travel time to Britomart.

Yes Skybus can still take upwards of 45-50 mins in peak hours but with Waterview open they're a lot quicker than the 60 mins they could take during peak hours.

As mentioned already in this thread the light rail "to the airport" has very little to do with taking tourists etc to/from the airport - rather it serves the huge employment areas in and around the airport and all those along the route.

Imagine how quick the SkyBus to the airport will be when all the airport workers who used to drive solo to work are now on the train?

Batman

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#2104149 9-Oct-2018 21:47

Scott3:

Batman:

mudguard:

Geektastic:

Possibly but 91 isn't something I'd run a decent engine on. 98 is $2.52.

Depends really. My 2014 Camry uses 91. My 26 year old Honda Civic uses 98. But the Civic has quite a lot more power than the Camry. And that's what the engine builder told me to use.
Other than that use whatever it says to in the manual.

where would you find 98 fuel 26 years ago?

The civic would have been extensively modified in it's lifetime (perhaps recently). One of the common mods to get more power out of an engine is to up the compression by shaving the block.

This requires higher octane fuel to avoid knocking.

Octanes 98 and much higher have been available in motorsport & aviation circles for a long time.

so a car made 26 years ago needs to go to the race track to top up with motorsport fuel and failing that to top up at an airport?

irongarment

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#2104151 9-Oct-2018 21:51

sbiddle:
allio:

I think this makes Jacinda's point. Gull New North Rd and Mobil Sandringham Rd were both at $2.30 this morning (as I sailed past on the bus). Meanwhile you're paying $2.64 somewhere else in Auckland. How is this the government's fault, and not a failure of competition?

It's not a failure of competition as such, it's what happens when you have incredibly intense competition. Discounting to compete with lower priced providers such as Gull means they need to subside that discounting by charging more elsewhere.

Wait, what?

The result of intense competition is higher prices?

mudguard

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#2104154 9-Oct-2018 21:59

Batman:

a car made 26 years ago needs to go to the race track to top up with motorsport fuel and failing that to top up at an airport?

Well I'm pretty sure 98 has been around in NZ since at least 2004. And in Japan they've had higher Octane fuel, 100 or greater I think. And the engine would normally run on 95/96 if required. However, since it was rebuilt, the head wasn't shaved, so compression should be stock, slightly different cams, but it has been tuned on 98 fuel to make the most of the rebuild and light modifications. I don't think I've ever run it on anything less than 98 so I could always try it. However the crankshaft currently isn't in the engine! That's next months job, so at present it makes 0 wkW, hopefully back to normal soon.

Slightly back on topic, but because I'm bored I've tried to work out hypothetically what $3 per litre would mean for me work wise. The reimbursement per KM I get would still cover the raw fuel cost, but it really begins to eat into the service side of things.

quickymart

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#2104157 9-Oct-2018 22:09

I seem to recall 100 being for sale in 2007.

I also remember in early 2008 the price of a barrel reaching $148 which was "a (then-) new record". Last time I saw lowest petrol prices was around Christmas 2008, I think it was $1.30 a litre. Those good old days are long gone now, sigh.

Geektastic

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#2104171 9-Oct-2018 23:44

I was pondering the benefits of an e bike for the short round trip to the village instead of firing up The Beast.

If I allow, say, 1 litre of fuel per round trip, 3 times a week, it will take over 10 years before I spend the equivalent of the cost of a decent e bike.

Hmm......

Geektastic

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#2104172 9-Oct-2018 23:51

From Land Rover

"It is recommended to use a premium unleaded fuel, with a minimum octane rating of 95 RON to contribute to optimum performance, fuel economy, and driveability.

If premium unleaded fuel is not available, use unleaded fuel with a lower octane rating, down to a minimum of 91 RON. Using lower octane rated fuel may reduce the engine's performance, increase fuel consumption, cause audible engine knock and other driveability problems.

CAUTION
Do not use fuels with an octane rating lower than 91 RON, as severe engine damage may occur."

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nakedmolerat

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#2104173 9-Oct-2018 23:57

i am happy with the high fuel price...

because it means there will be less car on the road! it was noticeable when the fuel was all time high.

i also hope that they start RUC on EV cars soon. i will keep burning diesel and 98 petrol in the meantime.

MikeB4

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#2104197 10-Oct-2018 06:32

nakedmolerat:
i am happy with the high fuel price...

because it means there will be less car on the road! it was noticeable when the fuel was all time high.

i also hope that they start RUC on EV cars soon. i will keep burning diesel and 98 petrol in the meantime.

You won't be so happy when this inflicts serious damage on our economy with across the board price rises, increased interest rates, higher pay rises, double digit inflation and rising unemployment.

History is repeating itself.

Coil

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#2104202 10-Oct-2018 07:17

MikeB4:
nakedmolerat:

i am happy with the high fuel price...

because it means there will be less car on the road! it was noticeable when the fuel was all time high.

i also hope that they start RUC on EV cars soon. i will keep burning diesel and 98 petrol in the meantime.

You won't be so happy when this inflicts serious damage on our economy with across the board price rises, increased interest rates, higher pay rises, double digit inflation and rising unemployment.

History is repeating itself.

The ripple effect is coming, look at the price of food and other goods now..
Fortunately I won't be overly affected but a large portion of the countries lower income families will be smashed. I suppose the reds will just dish out another tax to try and give them 50% back of what they are losing from the new tax and so on.

Oh by the way guys, RUC has gone up across the board, https://www.nzta.govt.nz/vehicles/licensing-rego/road-user-charges/ruc-rates-and-transaction-fees/

Expect more of your groceries and other services to increase as well.

surfisup1000

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#2104259 10-Oct-2018 08:33

Interesting that when petrol prices are going so high and forecasted to go even higher, and the government is making decade high surpluses, the government feels it is necessary to whack on new petrol taxes.

You know who to vote next election!

MikeAqua

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#2104270 10-Oct-2018 09:14

Fred99:

Chart #1 in the "We Don't Know How Lucky We Are series:

While we are mid pack on total price, that doesn't change the fact the govt is clipping the ticket harder than anyone else, and then accusing the oil companies of fleecing taxpayers.

I suspect the oil companies are fleecing us, but not as hard as the govt.

It's hypocrisy for the govt (whoever is in power) to criticise fuel prices. They are the biggest chunk of the pump price.

Mike

MikeB4

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#2104272 10-Oct-2018 09:17

MikeAqua:

Fred99:

Chart #1 in the "We Don't Know How Lucky We Are series:

While we are mid pack on total price, that doesn't change the fact the govt is clipping the ticket harder than anyone else, and then accusing the oil companies of fleecing taxpayers.

I suspect the oil companies are fleecing us, but not as hard as the govt.

It's hypocrisy for the govt (whoever is in power) to criticise fuel prices. They are the biggest chunk of the pump price.

But that is their easiest target, Governments never deliberately shoot their own feet, they of course often do it in error or riccochet

sbiddle

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#2104273 10-Oct-2018 09:19

irongarment:
sbiddle:

allio:

I think this makes Jacinda's point. Gull New North Rd and Mobil Sandringham Rd were both at $2.30 this morning (as I sailed past on the bus). Meanwhile you're paying $2.64 somewhere else in Auckland. How is this the government's fault, and not a failure of competition?

It's not a failure of competition as such, it's what happens when you have incredibly intense competition. Discounting to compete with lower priced providers such as Gull means they need to subside that discounting by charging more elsewhere.

Wait, what?

The result of intense competition is higher prices?

The result of intense competition is fuel being sold at (or even below in some cases) cost in some parts of the country. The downside of this is that people elsewhere in the country are having to pay more to subsidise this to average things out.

People complained 10 years ago that the price of petrol was the same everywhere in the country and perceived there was no competition as a result. Now we have true retail competition and people are unhappy with the outcome.

SaltyNZ

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#2104289 10-Oct-2018 09:32

surfisup1000:

Interesting that when petrol prices are going so high and forecasted to go even higher, and the government is making decade high surpluses, the government feels it is necessary to whack on new petrol taxes.

You know who to vote next election!

It's not that interesting: the fuel taxes are ring-fenced for transport. General surpluses have nothing to do with it. What is interesting is that an hour after the latest IPCC report was released, Jacinda Ardern was telling a press conference that fuel prices were too high, despite climate change being the nuclear free of our generation. Take a look at those photos of the Franz Josef glacier:

The oldest known photograph of the glacier, 1867:

What it looks like today:

I've never been there. Seems like there's not a lot left to see.

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