Fuel prices around the world

Mark · Post by **Mark** » Sat Nov 22, 2008 12:57 am

Hi everyone,
I was wondering how the fuel prices are around the world now? Here in Kentucky they are $1.86 per gallon, Petrol, and $2.88 per gallon, on road Diesel. Don't know how much off road is at this time, I'd give a guess it's close to $2.40.

Kiwi Kev · Post by **Kiwi Kev** » Sat Nov 22, 2008 1:56 am

Mark
Here in this part of the world, we are paying $2.70/ litre.
World barrel price has come down, but not the price at the pump.
Kiwi Kev

Grani · Post by **Grani** » Sat Nov 22, 2008 8:21 am

We have at the cheepest fuelstation gasoline 1,099 €/L and road Diesel 0,979€ and offroad is 0,63 to over 1,0 depending on how mutch you buy (home delivery or a few litres at the pump.)

Post by **Brian** » Sat Nov 22, 2008 9:27 am

Unleaded - £0.87 litre. (I filled the Cougar up from empty to full for just under £50.00 last night. First time for many months).
Diesel - £1.09 litre.
Off road Diesel - £0.70 litre.
Kerosene - £0.41 litre for heating.

Although the price per barrel of oil is down, at the pumps it is still far higher than it was when it was last at that price. Think the oil companies are trying to recoup their losses

Something I have noticed about oil companies and banks. When everyone else is in the deep and smelly, they always manage to increase profits.

I love the definition of bankers and have found it to be very, very true. In at least three cases I have had large orders in my hands and needed extra capital to fund them with the bank holding securities worth five or six times what we were asking for, only to loose them because we got turned down for a loan.

" A banker is a man that hires/loans you an umberella on a good day but takes it back when it starts to rain".

Bensdexta · Post by **Bensdexta** » Sat Nov 22, 2008 11:19 am

Kiwi Kev wrote:Here in this part of the world, we are paying $2.70/ litre.

Is that petrol or diesel?

Kiwi Kev · Post by **Kiwi Kev** » Sat Nov 22, 2008 12:32 pm

[/quote]Is that petrol or diesel?[/quote]

Ben
$2.70 Diesel
$2.46 Petrol
Kiwi Kev

Frans · Post by **Frans** » Sat Nov 22, 2008 8:47 pm

here in the middle of the Netherlands the prices are

Diesel € 1,04 / litre
benzine/petrol € 1,19/ litre

and PPO € 0,91 /litre

PPO= puur plantardige olie (pure vegetable oil)

Aussie Frank · Post by **Aussie Frank** » Sun Nov 23, 2008 11:33 am

Hi Mark,

Just to put things in your perspective, I paid $1.15 cents per liter for petrol today and diesel was priced at $1.40 per liter. Australian dollars that is. That is the cheapest it has been for over six months. To put things into your prices $US 2.74 per US gallon for petrol and $US 3.35 per US gallon for diesel. Rather cheap at the moment and the local large car makers are looking towards tomorrow with some optimism. Small car imports are still killing the local manufacturers, because the price of fuel has driven all the buyers away.

Compared to six months ago when the Aussie dollar was stronger we have had a massive fuel price decrease. We were paying the equivalent of $US 4.24 per gallon for petrol. Diesel prices were only a few cents higher at the time. Just goes to show that the price difference between petrol and diesel must be goverment controled to some extent over here.

We are still doing well over here in regards to fuel prices but our European friends have been paying much more for fuel for a long time. As far as I can see US fuel prices are still the cheapest out of the US Europe and Australia. Sorry about all the others as I have no idea about your part of the world. I would be very happy paying the equivalent of 78 cents Australian per liter for petrol.

Regards, Frank.

P,S, It is very interesting to see that Europe has far cheaper diesel prices than petrol.

Meanderer · Post by **Meanderer** » Sun Nov 23, 2008 3:31 pm

When all is said and done, comparing what each of us has to pay for fuel is of no relevance whatsoever other than to have an appreciation of what is being charged. Fuel is one of those highly TAXED commodities and that in itself prevents us from making any judgment along the comparison lines. In countries that have states or provinces, then you find you have Federal Taxes as well as State taxes. These vary from govermnent to government! The other thing is the source and grade of the fuel. Crude and refined spirits come from all different locations around the globe and that has a big bearing on the end price too. A country might source petroleum from one region but rely on it's own resources for another. That is given as the reason why in Australia, Diesel prices do not follow the fluctuations of the petrol prices.
My wife is paying 76 cents / litre in Ontario and I pay $1.38 here for unleaded.
If this is of any interest http://www.ontariogasprices.com/price_b ... aspx?c=can

Rick

JC · Post by JC » Mon Nov 24, 2008 7:07 am

On-road diesel here is $2.59/gal. or about $.69/liter. That would be about .46 British pounds per litre. I don't know exactly what gasoline prices are because most of my vehicles run on diesel.
You're right, Rick. A big part of the price is tax, but the taxes stay the same. Its the cost of the fuel itself that fluctuates.

Mark · Post by **Mark** » Mon Nov 24, 2008 6:29 pm

Thanks for the comments everybody.

Our petrol prices are as low as they were in 2005 according to CNN this morning.

Here in Kentucky I believe the tax is 33 cents per gallon, or it was a few months ago.

How is it in the Netherlands and Germany? Haven't heard from Oscar, Henk, Jos, and Stefan yet.

I hope they continue to go down, it's somewhat of a relief from the past few years. Now our next big thing is the cheaters in the financial markets. When this happened here in the US, everyone wanted to put the blame on the present administration, but then it spread all over the globe, unbelievable!

Does anyone on the board have any notions as to why it happened everywhere in the world, and almost at the same time, and as to how long it will take to remedy?

henk · Post by **henk** » Mon Nov 24, 2008 7:46 pm

Hello,

For me the price remains the same as I always fill up for 50 euros.

Prices are rapidly going down from about one euro sixty for a litre petrol and now day’s that's one euro fifteen. Diesel is going down a bit slower. Must be a release for all the farmers, freight drivers and fisherman.

As for the crisis, I think as long as the banks will not show any thrust in the market things will be going worse. The investments for comp. will be to costly and all will stop making investments. That means no work no jobs no money no need for products and so on. Because many products are made in China and other low cost country's they will also have trouble with the crisis.
Let’s hope it will be over soon.

Mike Kuscher · Post by **Mike Kuscher** » Tue Nov 25, 2008 12:43 am

Well, more good news from the UK.
Now that petrol and diesel have fallen in price, the chancellor has announced today that they will put up the duty on fuel

and fags and drink but hey! they will lets us keep an extra 2.5 GBP out of every hundred we spend by cutting VAT from 17.5% to 15%, for the time being.

It gets better.
They made it financially unviable for companies to keep final salary pension funds, so we all lost money.
Then they encouraged banks, financial institutions and pension funds to invest in overseas speculation (american sub-prime markets), so we all lost money.
To try and stop it getting worse, they cut the interest for savings and pension funds, so we all loose money.
Now, to fix it, they are going to put up National Insurance tax (pension subscriptions), so we all loose money.

My God! Are we grateful? !!!

To give you an idea, My pension fund has lost approx 2.3 GBP from every 12.0 GBP I have ever paid in inside the last 4 months alone.
Work hard, pay your bills, save for your future and they just keep taking.
Sit around, spend what you can get hold of and don't give a hoot, they will provide for you.
Who's the mug here?

Kiwi Kev · Post by **Kiwi Kev** » Tue Nov 25, 2008 3:01 am

Work hard, pay your bills, save for your future and they just keep taking.
Sit around, spend what you can get hold of and don't give a hoot, they will provide for you.
Who's the mug here?

[/quote]

I know what your saying Mike, but I would rather be a worker than a sherker

Kiwi Kev

Mark · Post by **Mark** » Tue Nov 25, 2008 6:26 am

I agree with you Kev on not being a shirker, but I also understand what Mike is saying as well. It's just not right for us to put money in a fund for our old age then have the government take it away. It should be put into a trust fund that no one can touch, or something similar. Our money should still be our money! No bank or federal institution should ever have the right to monkey with a man's well being. Nuff said no use to talk about it anymore.
Well that's my two cents worth, I'll get off my soap box. Everyone have a nice weekend.

Kiwi Kev · Post by **Kiwi Kev** » Tue Nov 25, 2008 7:51 am

Mark
I was wondering why you said have a good weekend, when it's only tuesday. Then I remembered that tomorrow is "Thanksgiving Day" for you. We also celebrate Thanksgiving Day, as we used to have alot of American Whalers here way back in the 1950's.
Have a good day tomorrow Mark.
Kiwi Kev

Mark · Post by **Mark** » Tue Nov 25, 2008 4:18 pm

Hi Kev,
I didn't know anyone else in the world celebrated Thanksgiving with us Yanks. I was a bit premature when I said "weekend" I meant to say "week."

Kevin, we celebrate Thanksgiving on Thursday, it's always been on that day as far as I can remember.

Have a good week everyone.