PETROL AND DIESEL costs are an infuriating mystery to many of us. Why are pump prices so hard to pin down, and to what degree are we all being gouged by profiteering service station owners?
It turns out costs are determined, for the most part, by macroeconomic forces such as supply-side factors courtesy of OPEC, as well as local inflation and taxation. A mere sliver of the price you pay is a product of retailer mark-ups.
The key point is this: most of Australia’s automotive fuels are imported from Singapore, South Korea, Malaysia, India, Brunei and China – all displacing local facilities from the supply chain.
Just a couple of Australian refineries are in operation today, down from four sites just a few years go, and they receive taxpayer assistance to stay in business. These are run by Ampol in Brisbane and Viva Energy in Geelong, supplying about 20 percent of Australia’s petroleum.
Most automotive fuels we use are therefore shipped across the sea from these Asian mega-refineries, where they are then stored in coastal import terminals, piped to storage sites, and sent to service stations by truck.
Denne historien er fra February 2024-utgaven av Wheels Australia Magazine.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra February 2024-utgaven av Wheels Australia Magazine.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
JAGUAR XE
JAGUAR WAVES GOODBYE TO LOWER-END PRODUCTS”
LOTS TO LIKE, NIGGLES TO FIX
MAZDA'S BOLDEST SUV YET WAVES GOODBYE, BUT IS IT A HIT OR A MISS?
THINGS THAT GO BUMP IN THE MORNING
ELLEN'S UP WITH THE LARKS BUT GETS AN UNWELCOME EARLY MORNING ALARM
LAND OF CONFUSION
OR HOW THE GENESIS GV80 STILL MANAGES TO KNOT THE BROWS OF THE UNINITIATED
CHARGE OF THE LIGHT BRIGADE
NAME YOUR TOP 10 HOT HATCHES AND WE’LL BET NONE OF THEM HAVE BATTERIES. THE ABARTH SO0E AND MINI COOPER SE AIM TO POWER INTO THAT OPPORTUNITY
Polar expresS
A DROP-TOP FERRARI ON THE COLDEST DAY OF THE YEAR? ANDY ENRIGHT RUGS UP FOR A FRESH BLAST THROUGH SOUTH GIPPSLAND'S FINEST ROADS
DYNASTY REUNION
AHEAD OF THE ARRIVAL OF THE GS0 BMW Mo, WE FIND OUT WHICH GENERATION OF MUNICH'S SUPER-SEDAN IS THE GREATEST EVER
FORD CAPRI
THE EV YOU ALWAYS PROMISED YOURSELF?
VOLKSWAGEN TOUAREG R
TOP-TIER TOUAREG DELIVERS WHAT YOU EXPECT FROM THAT R BADGE
MG 4 X-POWER
MG TAKES A MULLIGAN ON THE X-POWER