Rampant Fuel Price Gouging – What do our mates in the US pay?
Hi, Bob Aldons, The Car Guy, with a quick comment about the extortion of motorists as regards fuel price.
I’ve long been an advocate for the ACCC (Australian Consumer and Competition Commission) to get their hands really dirty to stop the rip-off of Australian motorists. I can’t really speak for states other than Queensland and then, only about prices in the area where I drive. But it’s continually beyond the pale when it comes to the yo-yo pricing. Fuel Price gouging is rampant
On Channel 9 recently, they ran a story about a truck carrying deodorant cans that had caught fire on an interstate (highway). That the ensuing explosion had caused damage to the bitumen, wasn’t the thing that caught my eye, rather it was the adjacent petrol station and more particularly the price of petrol on that sign. Fuel Price – You’re paying too much
Now a US gallon isn’t the same as an Australian gallon. Using my ‘old person’ knowledge, I know that here there are 4.55 litres to an Aussie gallon. In the USA, it’s 3.8 litres to a gallon – of course, it is.
But doing the mathematics, that $2.89 gallon equates to $3.46 per Aussie gallon or 76c per litre. And we’re paying what? $1.59.9 per litre? And yes, I’m guessing that the yanks aren’t paying any excise to the US government on their petrol. (excise is the ‘contribution’ that all car owners/fuel users pay to the Federal Government to assist with the running of our country)
So what to do about this? You, like me, can shop around your area and purchase your fuel from the cheapest outlet. Here in Redcliffe, the closest Caltex servo to me is consistently 10c per litre higher than another Caltex outlet about 10 minutes away. That’s a saving of $312 every year if you fill once a week. And here’s another tip – don’t buy ANYTHING from the outlet. They depend on you buying on average $7 of counter product – chocolates, drinks, food – every time you fill.
And you can annoy the hell out of your local Federal member – tell them to focus on the fuel price rip off that’s draining your wallet.
It’s time for all levels of government to do something about this – fuel prices, along with energy prices, have been too high for too long.
Hi, Bob Aldons here, the owner and founder of The Car Guy, and Car Business, reviewing cars, reporting on car industry matters, car tech, Formula 1, buying #anynewcarcheaper and the world at large. I’ve spent the last forty years immersed in the automotive industry from salesman to the owner of a 7 brand multi-franchise dealership. I know cars.
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