Australian Politics Forum - Petrol could hit $3 per litre

Carl D

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Rivervale, Perth
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Re: Petrol could hit $3 per litre
Reply #180 - Yesterday at 1:42pm

Just like with toilet paper 6 years ago one can never underestimate the greed and stupidity of the majority of the population these days.

Panic buying wipes out Jerry can stocks at Bunnings amid fuel crisis

Quote:

Opportunistic Aussies have stripped hardware shelves of Jerry cans before reselling them at insane prices on Facebook Marketplace.

Quote:

Larrikin Aussies looking to cash in on the fuel supply crisis gripping motorists have listed cheap fuel containers for as much as $1000.

With “Jerry cans” out of stock in stores such as Bunnings, BCF and Supercheap Auto, many people have listed second-hand containers online for more than their new price.

Some are changing much more than you might think reasonable.
A Melbourne resident listed a basic metal fuel can for $1000, telling potential customers that “this is a once in a lifetime offer”.

As I've already said a few times - I'm so glad I don't have (or need) a car anymore.

Probably would have had all the petrol siphoned out of it by now by some scumbag which I'm sure we're going to see a lot of soon (on top of the fires and explosions caused by large amounts of fuel stored in inappropriate containers).

Unbelievable.

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Jasin Gold Member Offline Posts: 55829 Gender:	Re: Petrol could hit $3 per litre Reply #181 - Yesterday at 1:47pm I've filled 6 jerries
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Ai_Took_Our_Jobs Senior Member Offline Australian Politics Posts: 383 Gender:	Re: Petrol could hit $3 per litre Reply #182 - Yesterday at 1:49pm Strategising is not panic buying. Once pumping stops on all middle east oil wells, there is a risk the liquid moves underground and it isn't just turn these well back on and it's business as usual. Shortages could go on for longer, this is why some are predicting oil to triple ... petrol $6 a litre.
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greggerypeccary

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Re: Petrol could hit $3 per litre
Reply #183 - Yesterday at 2:00pm

Carl D wrote Yesterday at 1:42pm:

Just like with toilet paper 6 years ago one can never underestimate the greed and stupidity of the majority of the population these days.

Panic buying wipes out Jerry can stocks at Bunnings amid fuel crisis

Quote:

Opportunistic Aussies have stripped hardware shelves of Jerry cans before reselling them at insane prices on Facebook Marketplace.

Quote:

Larrikin Aussies looking to cash in on the fuel supply crisis gripping motorists have listed cheap fuel containers for as much as $1000.

With “Jerry cans” out of stock in stores such as Bunnings, BCF and Supercheap Auto, many people have listed second-hand containers online for more than their new price.

Some are changing much more than you might think reasonable.
A Melbourne resident listed a basic metal fuel can for $1000, telling potential customers that “this is a once in a lifetime offer”.

As I've already said a few times - I'm so glad I don't have (or need) a car anymore.

Probably would have had all the petrol siphoned out of it by now by some scumbag which I'm sure we're going to see a lot of soon (on top of the fires and explosions caused by large amounts of fuel stored in inappropriate containers).

Unbelievable.

I've been out and about for the last two hours, to Morley and then to Cannington, and thankfully I didn't see any signs of panic buying.

I passed a lot of petrol stations and most only had one or two cars in them.

The average price I saw was about $2.05

Maybe Perth people are being sensible for a change ??? Undecided

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tallowood Gold Member Offline Израиль Навсегда Posts: 7183 Gender:	Re: Petrol could hit $3 per litre Reply #184 - Yesterday at 2:00pm Oil prices surged and then came tumbling back down on Monday after comments from President Trump on the war with Iran.
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Melanias purse

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Posts: 101339

Re: Petrol could hit $3 per litre
Reply #185 - Yesterday at 2:07pm

Ai_Took_Our_Jobs wrote Yesterday at 1:49pm:

Strategising is not panic buying.

Once pumping stops on all middle east oil wells, there is a risk the liquid moves underground and it isn't just turn these well back on and it's business as usual.

Shortages could go on for longer, this is why some are predicting oil to triple ... petrol $6 a litre.

It doesn't help when you blow up oil rigs in the middle of major urban populations, causing black rain and smog.

Shortages will go on for longer. Insurance companies have just stopped insuring vessels in the Persian Gulf.

The 70s oil shocks led to two global recessions and a generation of stagflation. The entire global economy has just dropped 5 to 10% in value.

This could mean the end of the current bull market. One half-baked decision by one demented prez - no Congress, no UN. You could say it had to come to this.

A number of us predicted it in 2024.

You?

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Ai_Took_Our_Jobs Senior Member Offline Australian Politics Posts: 383 Gender:	Re: Petrol could hit $3 per litre Reply #186 - Yesterday at 2:15pm tallowood wrote Yesterday at 2:00pm: Oil prices surged and then came tumbling back down on Monday after comments from President Trump on the war with Iran.
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Ai_Took_Our_Jobs

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Re: Petrol could hit $3 per litre
Reply #187 - Yesterday at 2:19pm

Melanias purse wrote Yesterday at 2:07pm:

Ai_Took_Our_Jobs wrote Yesterday at 1:49pm:

Strategising is not panic buying.

Once pumping stops on all middle east oil wells, there is a risk the liquid moves underground and it isn't just turn these well back on and it's business as usual.

Shortages could go on for longer, this is why some are predicting oil to triple ... petrol $6 a litre.

It doesn't help when you blow up oil rigs in the middle of major urban populations, causing black rain and smog.

Shortages will go on for longer. Insurance companies have just stopped insuring vessels in the Persian Gulf.

The 70s oil shocks led to two global recessions and a generation of stagflation. The entire global economy has just dropped 5 to 10% in value.

This could mean the end of the current bull market. One half-baked decision by one demented prez - no Congress, no UN. You could say it had to come to this.

A number of us predicted it in 2024.

You?

Australia only having a month's worth of petrol when this illegal attack occurred was all political decisions.

Added bonus, extreme petrol prices causing 5% + inflation = higher interest rates , that will crash the real estate sector.

Cheaper real estate on the horizon. Woo hoo !

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Melanias purse

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Posts: 101339

Re: Petrol could hit $3 per litre
Reply #188 - Yesterday at 3:56pm

Ai_Took_Our_Jobs wrote Yesterday at 2:19pm:

Melanias purse wrote Yesterday at 2:07pm:

Ai_Took_Our_Jobs wrote Yesterday at 1:49pm:

Strategising is not panic buying.

Once pumping stops on all middle east oil wells, there is a risk the liquid moves underground and it isn't just turn these well back on and it's business as usual.

Shortages could go on for longer, this is why some are predicting oil to triple ... petrol $6 a litre.

It doesn't help when you blow up oil rigs in the middle of major urban populations, causing black rain and smog.

Shortages will go on for longer. Insurance companies have just stopped insuring vessels in the Persian Gulf.

The 70s oil shocks led to two global recessions and a generation of stagflation. The entire global economy has just dropped 5 to 10% in value.

This could mean the end of the current bull market. One half-baked decision by one demented prez - no Congress, no UN. You could say it had to come to this.

A number of us predicted it in 2024.

You?

Australia only having a month's worth of petrol when this illegal attack occurred was all political decisions.

Added bonus, extreme petrol prices causing 5% + inflation = higher interest rates , that will crash the real estate sector.

Cheaper real estate on the horizon. Woo hoo !

How's it going to crash real estate? Higher fuel prices push inflation. There's no corresponding drop in real estate demand.

A rise in mortgage costs just means more investors on the market, like sharks. People gotta live somewhere, no?

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Bobby. Gold Member Online Australian Politics Posts: 117846 Melbourne Gender:	Re: Petrol could hit $3 per litre Reply #189 - Yesterday at 4:01pm Jasin wrote Yesterday at 1:47pm: I've filled 6 jerries You are part of the problem - hoarding petrol.
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Jasin Gold Member Offline Posts: 55829 Gender:	Re: Petrol could hit $3 per litre Reply #190 - Yesterday at 4:05pm Bobby. wrote Yesterday at 4:01pm: Jasin wrote Yesterday at 1:47pm: I've filled 6 jerries You are part of the problem - hoarding petrol. I dressed up as Mel Gibson's MAD Max when I filled them up.
Back to top	AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY. IP Logged

Bobby. Gold Member Online Australian Politics Posts: 117846 Melbourne Gender:	Re: Petrol could hit $3 per litre Reply #191 - Yesterday at 4:08pm Jasin wrote Yesterday at 4:05pm: Bobby. wrote Yesterday at 4:01pm: Jasin wrote Yesterday at 1:47pm: I've filled 6 jerries You are part of the problem - hoarding petrol. I dressed up as Mel Gibson's MAD Max when I filled them up. Go to jail - Go directly to jail - do not pass Go - do not collect $200.
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Jasin

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Re: Petrol could hit $3 per litre
Reply #192 - Yesterday at 4:14pm

Bobby. wrote Yesterday at 4:08pm:

Jasin wrote Yesterday at 4:05pm:

Bobby. wrote Yesterday at 4:01pm:

Jasin wrote Yesterday at 1:47pm:

I've filled 6 jerries

You are part of the problem - hoarding petrol.

I dressed up as Mel Gibson's MAD Max when I filled them up. Cheesy

Go to jail -
Go directly to jail -
do not pass Go -
do not collect $200.

But I only stole a loaf of French bread 🍞 in England 200+ years ago.
I ain't no criminal 'here'.
...only Americans commit crimes here like using the word JAIL and not GAOL. Wink

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AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY.

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Melanias purse Gold Member Online Australian Politics Posts: 101339	Re: Petrol could hit $3 per litre Reply #193 - Yesterday at 4:25pm Bobby. wrote Yesterday at 4:01pm: Jasin wrote Yesterday at 1:47pm: I've filled 6 jerries You are part of the problem - hoarding petrol. He's not talking about petrol, dear.
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Bobby.

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Posts: 117846
Melbourne
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Re: Petrol could hit $3 per litre
Reply #194 - Yesterday at 4:27pm

Jasin wrote Yesterday at 4:14pm:

Bobby. wrote Yesterday at 4:08pm:

Jasin wrote Yesterday at 4:05pm:

Bobby. wrote Yesterday at 4:01pm:

Jasin wrote Yesterday at 1:47pm:

I've filled 6 jerries

You are part of the problem - hoarding petrol.

I dressed up as Mel Gibson's MAD Max when I filled them up. Cheesy

Go to jail -
Go directly to jail -
do not pass Go -
do not collect $200.

But I only stole a loaf of French bread 🍞 in England 200+ years ago.
I ain't no criminal 'here'.
...only Americans commit crimes here like using the word JAIL and not GAOL. Wink

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