Petrol Prices here in Australia at present

[payn817]

Well, Peter, we came a long way overnight!! It is now $5.87 for regular unleaded!!!!!!!!

[Liz]

Wow! That's incredible. I think it's about $3 or $3.50 here - I did hear on the news that it's $6 in some places in Georgia.

Aaaacccccckkkkkkkkkkkk - with a holiday weekend coming up.

Liz

Well, Peter, we came a long way overnight!! It is now $5.87 for regular unleaded!!!!!!!!

[another view]

Yikes! That hurts!

Peter, I'm sure you heard about the hurricane earlier this week and it damaged many offshore drilling rigs in the Gulf of Mexico. A lot of our oil comes from here, so it's a huge effect on supply. That's driving prices up, but fortunately for me Diesel is still $2.59/gal as of yesterday. Not sure about today though...

[Michael Fanelli]

Yikes! That hurts!

Peter, I'm sure you heard about the hurricane earlier this week and it damaged many offshore drilling rigs in the Gulf of Mexico. A lot of our oil comes from here, so it's a huge effect on supply. That's driving prices up, but fortunately for me Diesel is still $2.59/gal as of yesterday. Not sure about today though...

What I don't understand is how the prices went up within hours of Katrina making landfall. Certainly, the gasoline, already paid for, was in the gas station's tanks. They didn't have a chance to pay more for it yet, they just decided to cheat their customers.

[another view]

And it won't come down that quickly after the refining capacity comes back on line, either...

I stand corrected: Gas 3.29, Diesel 2.91. Pretty happy about that 50mpg Diesel right now...

[Peter_AUS]

Yep I know about the Hurricane hitting etc. Thing is, we produce about 80% of our needs, but the price is tied into the world price so we suffer just like everyone else does when things go wrong. Hurricanes, wars, need to buy that new Lear Jet (for Saudi Prince), etc.

It is expected to get up to around around $5.40US a gallon here within the next few months, maybe even higher. As the economies are hit the Aussie $$ is going down as well, which impacts on everything as well around the world, Oil prices, Petrol Prices, Food Prices, etc as well. Just never seems to stop. But the rich never seem to feel the pinch do they.

Hope it gets better over there for everyone in the South. I head that Fats Domino is missing in New Orleans, what a shame that is, but then, wouldn't be the first musician to be lost in a Disaster would he.

Lets hope the predictions of deaths isn't anywhere near the level they are prediciting.

Remain safe and well everyone.

[adina]

I keep trying to convice my hubby that we need to move back to the city to save money. Housing would be probably double, but we'd probably be able to get by on one car. I've been specifically not going anywhere so that I didn't have to drive.

adina ($38 to fill up my tank)

[Outdoorsman]

Well, it's $3.11 for regular here right now, just bought a few gallons for the weekend, before the prices go off the Richter. Someone predicted that we'll see $4+ by tomorrow, and it'll only go up from there. Ouch! My wallet-- it hurts!
I get around 30 mpg, but I'm thinking it's not enough. I'll take that 55 mpg hybrid right about now...

[adina]

We've hit $3.26 here, but it was $3.19 in Milwaukee this morning.

adina