Well we have it all now petrol up once again,$2.28.9 cents per one litre New Zealand money.
Cheers Gerryde nz
($6.81 US per US Gallon)
Where is the gasoline/Diesel refined and shipped from that is used in New Zealand?
Crooks (gas companies) are worldwide.
I just tanked up here in Cuenca @ $1.83(US) a (US)gallon for super :-) 103 octane I assume due to altitude. Now off to the Mercado where we'll buy $75(what you'd pay in the US) worth of groceries for around $20.
There is some Gas and Oil production in North West Australia and off shore from there. (Saw some of this first hand) I do not know where it goes and if it gets to New Zealand.
Until hydrogen gas is more cost effective to make we will be at the mercy of the worlds oil market and theres nothing anyone can do about it.
I understand that we buy our fuel from commodities traders in Singapore.
The price has changed 3 times this week in New Jersey, but we're still pretty good. Saw the marquee today saying 3.42 per US Gallon.
That made me think a bit as we seem to lament fuel cost changes, etc...and always as a society get ourselves in a tizzy.
If I recall correctly, back in the 60's...regular gasoline was between 26 cent and 29 cent per gallon. Those big land-yachts were lucky to get 10 MPG. (My '64 Impala SS 327/300 4BBL was lucky to get 8 MPG)
Inflation and 'life' in USA is about 10 times mid-60's prices. So that would make 'par' about $2.60 - $2.90 per US Gallon today. Certainly a rip-off when looking at todays price...but then again, just about every passenger car today gets 20+ MPG!
The enigma actually is...in terms of real dollars, it IS cheaper per mile than it was back in the 60's! My parents, and even me when I started driving didn't think twice about distance we just got in and 'went'. Yet today we all seem to think twice before driving over 50 miles!
No point to make...just an observation.
If I remember correctly, petrol in England back in 2007, was selling for more than what they are paying in New Zealand, now.
Wow, pretty good price for us in Australia, AUD$1.50 per litre west of Sydney in the Blue Mountains. I use Diesel which stays pretty stable and doesn't go through the weekly (?) petrol price cycles.
Opps, no I don't have a diesel T! :-)
Hydrogen gas is a great way to turn massive amounts of electricity and natural gas into tiny amounts of usable energy. Anyone who thinks hydrogen is a fuel source is mistaken. Hydrogen is simply a way to store energy, and a dead end as far as a way to propel automobiles efficiently.