Petrol at a premium
Thursday, May 22, 2008
On the way to the show last night I needed to stop and fill up the van or there was no way I'd make it.
Driving along Bell St, the first petrol station I saw was $1.39.9 with a 4c coupon discount bringing it down to $1.35.9. But it was on the wrong side of the road so I drove on.
I almost gasped when I saw the next station a minute down the road. It was $1.62.9, but what was even more amazing was the station opposite was charging $1.39.9 - that 23c per litre cheaper!
Two minutes down the road I saw two more stations at $1.49.9 and $1.59.9, but then I stopped in at a Safeway station offering $1.39.9 with a 4c discount + a further 4c if you spent $2 in store.
31c per litre difference.
And why the price hik? According to the paper today, the price of petrol in Singapore reached a record high and, for some reason Australia uses that as a benchmark. So though the petrol in the reserves of the stations in Bell St had already been paid for, the profit margin increased massively!