Yeah, but we got the Boat Show down here......which lends weight to the argument that it's simply profiteering !! :curse:

I found Gull fuel station to be cheaper than other. I am not sure whether its content is better than other, not all unleaded petrol are the same. For people who have the fuel docket from Coles and Woolworths, which allow them 4 cents off per litre, it is cheaper than say, BP.

I remember once i rang a local petrol station for thier unleaded cost that day and they told me they were forbidden to advise the cost of their petrol over the phone- dont know why!
We use the fuelwatch website too, its very handy, esp now we have that desperately needed (not) new caltex petrol station in Port Kennedy. It has been keeping down the price at the extortionate BP next door at least, we'll see how long that lasts anyway. Tomorrow its $1.09 for unleaded.

Below is a link from the Caltex website regarding fuel pricing in Australia:

http://www.caltex.com.au/thestar/issues/46-Dec-Jan-09/a_The_tall_tale_that_won't_go_away.asp

It may give you all a better understanding if how fuel is priced.

"Prices have to go up after a week or more of discounting, the reason why fuel is often dearer towards the end of a week."
Don't quite see the logic of this.
For a start it's not 'a week or more' it's always 3 days, Tuesday to Thursday.
And how does that mean 'fuel is often dearer towards the end of the week'??
This smacks of Oil Co. PR to me.
And I can smell BS a mile off !!
The bottom line is that pertrol is always cheaper in the middle of the week and always 10% more expensive at the weekend.

I think that's why it also says from the ACCC that "many city motorists don’t understand just how low prices are at the bottom of the marketing cycle, typically on Tuesdays or Wednesdays, or that petrol companies frequently sell at a loss".

No one like paying more for their fuel but the fact is a lot of people don't know how prices are determined. It is true that people say if a barrel of crude oil has gone down then the fuel price should drop. Unfortunately, it doesn't quite work like that.

Having worked in the oil industry for many years now, you should know that refining is not a profitable business. Profits are in the upstream side whereby as soon as you get a barrel of oil out of the ground, it's effectively instant money. Last July when prices reached $147, a good portion of this was due to the apparent "shortage". This "shortage" was in part due to a lack of refining capacity in the US and questions were being asked why the US had not built a refinery in the last 20 or so years. Main reason given was that it is not profitable. Hey, all this doesn't make the fuel price cheaper and I have to pay the same as everyone else but there are also legitimate reasons behind it all. Not to mention the government getting a major windfall each time the prices goes up.