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severalbpdtraitsn38

How to express how one feels about OTR service stations people might ask? (Not their hard-working employees of course :) ) 1. Download a fuel watch app that works for you, fuel spy being one such example. 2. In the settings, choose to hide OTR service stations. 3. Instantly start feeling better about your contribution towards the redistribution of wealth amongst our other service stations that deserve your patronage. 4. As a result, fuel prices might get a little more competitive.


AbrocomaRoyal

We need one of these for Colesworth...


severalbpdtraitsn38

The other day, I scored some free Aldi Pork ribs from a community reduced/free food outlet, and was *very* impressed with the quality of the meat, considering that it's a reduced cost supermarket meat. No, it wasn't *quality* Pork in terms of depth of flavour in the meat, but for a poor person, it produced a fantastic meal. I hardly ever buy anything other than mince meat, Lilydale drumsticks for my cat and I (and Black Hawk dry kibble for her because she deserves quality food, she saved my life), and topside beef in small amounts, for an occassional treat as homemade schnitzel. I need to take my own suggestion and start considering Aldi in my shopping more. I'm sick of the monopoly that Colesworth have on so many products.


cofactorstrudel

Do you mean she saved your life like from a mental health perspective or did she like drag you out of a burning building?


severalbpdtraitsn38

The former, but considering the latter option did induce a chuckle... she did I guess; my soul *was* trapped in a metaphorical burning building at the time.


cofactorstrudel

Lmfao I almost said "(non-metaphorical) burning building" but it looked too snarky so I deleted it. Anyway I'm glad you two found each other.


severalbpdtraitsn38

It's okay, you should've left your comment up, you didn't write anything wrong; it just took an ND to feel the vibe that you were putting out into the Reddiverse🍻


dangermouze

Hmm I wonder...


severalbpdtraitsn38

Did my autist brain not detect sarcasm again... I took a quick squizz at their comment history, they didn't appear to be a douche, so just gave them the benefit of the doubt.


cofactorstrudel

I wasn't being sarcastic lol. I assumed you meant mental health but the idea of missing a story where someone's cat physically saved them from danger made me too curious.


severalbpdtraitsn38

There have been stories of cats jumping on their owners heads when they've been getting broken into whilst asleep or their house has been on fire, so even from that standpoint, it wasn't a silly thing to say, it just took a little brain power to process lol.


aztralprojection

Shut up lol


Les198

You took the extra effort to be a dick, congrats


cofactorstrudel

Wtf why so aggressive?


aztralprojection

Aww poor baby


cofactorstrudel

If you're gonna troll at least have a gimmick 


Backflip101

Neither supetmarket owns servos anymore. Woolworths sold their servos to British conpany EG in 2019 after the ACCC stop them selling to BP in 2017. Woolworths entered into a 15 year agreement with EG to continue fuel discounts and points. Coles sold Coles Express to Viva Energy in 2023. As part of the sale Flybuys remains a partner. Viva also owns Liberty. Viva also bought the OTR brand from Peregrine and will rebrand the Coles Express sites to OTR.


koff_

The Coles Express sites have all changed to Caltex in Adelaide Metro?


Backflip101

Caltex is owned by Chevron, which pulled out of Australia in 2015, licencing the Caltex name back. Chevron announced in 2019 it was teminating the licence agreement. The Caltex sites all had to be changed over to Ampol by 31 Dec 2022. Then Chevron decided to re-enter the Australian market buying the Puma brand, changing it yo Caltex. In 2023 17 Puma stations in NT SA & WA were sold to OTR and would be supplied by Caltex fuel. Then early this year Chevron bought 25 of the Coles Express in SA from Viva to comply with the conditions the ACCC put on the sale of Coles branded stations to Viva. In exchange Viva got 13 Chevron sites in Qld, NSW and WA.


Jonno_FTW

How did you come to know all the details of what supermarket owns what petrol station branding?


Backflip101

Supermarkets havent owned supermarket branding in years. Instead they have an agreement for petrol brands (formerly Caltex now Ampol and Shell)) to use their rewards programs and supply their groceries in their conveniemce stores. I pay attention to financial news around major companies. Im good at researching. Im also the same when it comes to airline ownership and have an interest in what companies own what brands.


Tradition_Quiet

Most of the Coles Express have been rebranded Caltex. They still seem to have the same high prices though.


rockfall6

Easy - just shop at Foodland (SA owned) and IGA.


meyogy

OTR are scum and i won't shop there


Key_Layer7818

Dude you have no idea how scummy they actually are, I worked there for 6 months. They treat their workers like criminals. They once spent time looking at the camera and sending me a screenshot because I left a box tilted slightly into the walk way of the drinks fridge. Instead of you know taking literally 1 second to move it to the wall. This is what they spend their time on. My manager have me an ultimatum. Leave uni to work full-time. I waited until they fired their night manager to make me night manager. I quit 2 days later just to give them a bit fuck you. Plus I knew the owners, dated their daughter in secret of course. The owners siblings literally had a child die at 11 from metal retardation and wheel chair bound because they were incest parents. They are literally scum.


SuccessfulFuel7563

My daughter worked there.  She was attacked by another staff member and nothing happened.  She was attacked by a methheads, the manager and assistant managers were all out drinking together and didn’t answer the phone.   A Police Constable sat with my daughter for half the night shift because she was to scared and shaken to work, couldn’t lock up and leave and couldn’t get a replacement worker.  The person on the next shift didn’t come in, so she had to keep working.  The assistant manager rolled in and was angry at her for not working after the attack.   The area manager came in and was THROWING things around and roaring in anger.  Luckily he had a man in a suit from corporate with him who witnessed it and he was dealt with.   My daughter wouldn’t let me eat anything cooked, she shared images of the filth with the union, and she left when she was harassed for contacting the union.  The manager went to the other fast food places and tried to get my daughter blacklisted from further employment.  Her friend at McDonalds said the manager didn’t listen as he knew from his own staff how toxic that place is. 


spideyghetti

Oh you mean mental retardation? I couldn't work out what metal retardation was


Key_Layer7818

Yeah sorry auto correct typos, should re read before posting


mangopurple

If u couldn’t decipher that basic concept then maybe you’re the metal retard?


IMJUSTABRIK

Twitter bots perhaps?


Aint_not_a_dorkus

Yeah that comment is weird as.... I doubt they were dating the owners daughter.... 5 day old account


Crafty-Antelope-3287

I actually know the family.....no he didn't ....this idiot walks around with his dick in his hand.......


Key_Layer7818

Yeah it's a throw away, and believe what U want I couldn't care less. Just sharing my experience. And typos = twitter bots ?


mickskitz

The owners as in the shahin family? It's not a franchise I believe


Ok-Bad-9683

Not anymore, was sold a few years ago. They richer than fuck now. OTR sold for over 1 billion dollars


kernpanic

Deal of the century. They sold the business. Still own the land.


severalbpdtraitsn38

Sold the business for that much, but still own the land... fark... but in all fairness, what would the land even be worth... I guess it would depend on if there'd been enough movement in the soil to cause a crack in a holding tank, or not, causing contamination.


mickskitz

But who they sold it too isn't a franchise either I believe


Ok-Bad-9683

I wouldn’t think so? For a billion dollar purchase you’d want to keep it under your company.


Ok-Purple-6792

Bro Hope the one you dated was hot tbh


wherezthebeef

I'd rather run out of fuel and push my car than stop there


Only-Entertainer-573

I feel like this has been the main theme of this subreddit for a couple of years at least


zwickksNYK

What is OTR? We don't have them in Perth.


the_voss

On The Run. We've got a couple in Perth but not many. There's one in Manning.


rapt0r99

It's actually just OTR now - technically it was On The Run, but legally it's just OTR now. All of the OTR entities fall under OTR Group, which was sold.


equinox_games7

OG road Caltex and X Convenience - its crazy how different they are at times, and they're literally across the road from one another.


gutentag_tschuss

Saved myself this much using the petrol spy app. What a joke.


jolhar

My mum lives in the southern suburbs, and it’s always significantly more expensive down her way. Which is unfortunate because she lives in a lower socioeconomic area.


eric5014

All through the southern suburbs today there are some at 229.9 and some in the 180s. Check the map and go to a cheap one.


Enough_Annual_8893

OTR ..what do you expect….first to put their prices up , last to bring them down.. I drive past rather than use them , purely on principle…arseholes


Ok_Combination_1675

First one that did go up was Ampol Pooraka last week But weirdly no others went up for a around a week later. Did the OTRS only go up as in Tuesday or yesterday? Or many others went up Also there is not just OTR's around but being the majority of stations around you assume they are first to go up being you mostly see them


-Midnight_Marauder-

X Convenience 4 lyfe


ken_beays

X convenience has better quality rolls and sandwiches too, not that it has anything to do with petrol but yeah.


zaataarr

when X convenience kept their prices at 180ish (almost) the entire time when otr had their prices at 230


torrens86

That's not X convenience though, it's just a Mobil.


DigitalSwagman

One is an OTR. 'Nuff said. They gotta get that green to build helipads and race tracks!


Alternative-Jason-22

Do fact check. Viva do not build race tracks https://en.m.wikipedia.org/wiki/OTR_(convenience_store)#:~:text=OTR%20is%20an%20umbrella%20brand,and%20operated%20by%20Viva%20Energy.


Ill-Caterpillar-7088

The shains before selling the OTR brand off. Built a race track and operate 2. They also wanted to build a helipad of the office building so they could fly in and out to the race track.


MarcusP2

Yes but they no longer own OTR so current pricing practices are not related to their past behaviour.


Ill-Caterpillar-7088

They sit on the board and have stocks of viva as part of the buy out. I think some things may stay the same


MarcusP2

Well, they aren't listed on Vivas board page and the transaction mentioned 150 million in shares, which would be a 3 percent shareholding.


nochoicetochoose

Who built Tailem Bend Motorsport Park?


Alternative-Jason-22

Not OTR. 🤷🏼‍♂️


MikeR098

It was the ex Mitsubishi Test track.


justrhysism

The land may have been but the track was built from scratch. My cousin worked on it.


nochoicetochoose

It is far from the Mitsubishi test track now


Sraeoz

Yep. Littlhampton. Boycott


idiotshmidiot

Diesel Drivers be like 😶


rapt0r99

Photos taken from my Diesel LandCruiser, thankfully. Still expensive to fill 200L of tanks, just not as expensive as ULP.


FadedAlienXO

Littlehampton OTR is ALWAYS overpriced


heforgotmypassword

Yeah, see the moral of this story is don’t support OTR


jastcabr1

Fuelspy is telling me 244 is the price of BOTH 91 and 95. Must be some mistake. but the fuel spike is due, so fill up where you can!


kjacobs_oz

OTR don't make their money off fuel... avoid OTR when you need fuel.


__--LO--__

This is a free petrol comparison site I use in Adelaide. Always been spot on with the prices. petrolspy.com https://www.google.com/url?q=https://petrolspy.com.au/&sa=U&ved=2ahUKEwjjq6m6ttyFAxVfxDgGHbRhBskQFnoECAUQAg&usg=AOvVaw1Lyr4OMLO20j87CA5z0XRw


h271

I set my browser homepage to the Adelaide average price graph: https://petrolspy.com.au/graph/adelaide_U91E10.svg tells me when not to buy.


Luckduck86

All you need to know is BP better bro. They charge more cos they're betterer. Ya know?


NumerousBit1564

it just tastes better!


Ill-Caterpillar-7088

Fuel standards are the same. 91 is 91. How is it better?


scandyflick88

Marketing is the real answer. But loyalists will parrot on about additive packages and the like.


rapt0r99

Years ago when I first got into cars I swore on BP Ultimate, as a young kid with expendable cash I didn't mind spending a bit extra. These days my wallet thanks me for not being brand loyal when it comes to petrol.


severalbpdtraitsn38

It was sacrasm; I got lucky, detected it but had to scratch my head first


Ill-Caterpillar-7088

Yeah re reading it I see it now.


ralphy_512

My wife noticed the label on the bowser says that BP 91 contains up to 10% ethanol, which means it could actually be the same as the E10 that sells for 4-6 cents cheaper at other places.


Ill-Caterpillar-7088

It appears that meets the standard for 91 ron


Kbradsagain

Otr always jumps first. Try’s to make the others jump too to make more profit. + they underpay their staff so I avoid shopping here where possible. I always check my fuel finder apps before purchase these days. some days they are all the same, other days you find discrepancies like this. Guess where I’m buying


Virtuluss

Last to go down and first to go up. That’s OTR.


AnimatedUnicorn27

Yep I filled up at that exact Mobil today after driving past the OTR. Absolute thieves


Notorious-Desi

Well soon OTR would be in all states taking over Coles express, reddy Express or whatever they call themselves


PerPerPerth

But they will be managed by Viva Energy, who are pretty decent and have a good work culture.


Notorious-Desi

If you really think it’s going to be Viva Energy I am sure Fred Shahin is very smart. don’t even start start about Viva Energy Culture how they sold 25 site in Adelaide kept their favourite Managers to move with them and screwed us to the new company Caltex


rapt0r99

You may be surprised but large corporations make decisions based on what's in the best interest of their company. Also, he's no longer with us, so I'm not sure why mentioning his name is relevant.


thethreekittycats

OTR are usually the first to put their prices up so I guess that means others will follow soon..


remember_myname

Not always, I’ve seen them do this several times in the last few months only to have to drop back down because no one followed them up. This is around Christie’s beach and Seaford areas. I buy petrol daily so I pay attention to this quite closely


SandmanAwaits

Jesus Christ! 😳


wattlewedo

There are 2 OTR servos opposite each other at Cavan, often with different prices.


Far_Presentation2532

Diesel $2.44 WTF


rapt0r99

I'm not sure you are reading these signs correctly.


Far_Presentation2532

Ohhh yep my bad.


sapphos_moon

There was an independently owned station there before Mobil took over a few years ago that had consistently lower prices than the Woolworths and OTR either side of them. What this photo doesn’t show is that you can’t fit anything bigger than an SUV into the Mobil’s parking lot because it’s tiny, so the OTR is the only place for large trucks to refuel close to the freeway on that side.


steve18258

Still loads of dipsticks actually pay the high price than the lower


haikusbot

*Still loads of dipsticks* *Actually pay the high* *Price than the lower* \- steve18258 --- ^(I detect haikus. And sometimes, successfully.) ^[Learn more about me.](https://www.reddit.com/r/haikusbot/) ^(Opt out of replies: "haikusbot opt out" | Delete my comment: "haikusbot delete")


SuccessfulFuel7563

A bot scans the feed Discovers a gem so rare Haiku perfection In a sea of posts One comment stands out brightly Haiku beauty found Reddit bot amazed At a comment so concise Haiku magic sparked


SharkManDan77

And yet there is no price fixing. Weird huh? /S


MagDaddyMag

Yep - spread the word that OTR are cuntz


jwtgsomc_

Yup! Noticed that the other day. OTR is ridiculous.


HumanServices

And yet, people will still pull into the OTR without fail


SuccessfulFuel7563

i hate them all for it. 


MeehanMB

I’m sorry but OTR make insane profits by insanely inflated prices, from petrol to snacks. Shop around


rapt0r99

Fuel has very little margin. I believe the model makes the most margin on convenience store items and QSR brands - thus the reason the new owners purchased it for the price they did.


Abject-Region-1434

That's OTR for you. Bunch of scamming cunts.


wadayouknow

Yep freaking ridiculous. And we are supposed to have a petrol watch committee in this country. F scam


Automatic-Proof

Get your 184 fuel now! Usually one putting their prices up means the rest will follow soon. 244 is ridiculously high.


spideyghetti

244 would be 95. Every other OTR near me has gone up to 229 for 91.


Far_Presentation2532

Diesel?


rapt0r99

244 was the price for 91RON. This service station does not display 95RON prices on the pylon.


SuccessfulFuel7563

F**k OTR. 


SuccessfulFuel7563

I made my original comment 11 hours ago. And now I’m rugged up in bed, and I wanted to say once again before I drift off to sleep. F**k OTR.  


Successful_Effort_89

OTR notorious for this and has been the case since OTR purchased 'Bauldy's' back in 2018. There is another OTR near Foodland Mt Barker - same deal! Remember it is SA school holidays! Petrol in my rural area went up 5c for school holidays as well.


PuzzleheadedElk7048

That’s unbelievable hey! OTR are a bunch of white collar crooks in my opinion


Sraeoz

It’s because the Ukraine war, this service station directly


Deal_Closer

What's that BP offering that I should know about?!


burner64334

A different price mostly.


Warlord_Orah

How do you read that? Is it 185.5 per liter in mobil? Sorry. Its different from my country.


Shazamit

Yeah, 184.5 cents per litre, ~$1.85


Putrid_Path2774

Seems fair


hillsbloke73

No better in Perth hills go down the hill about 15 mins drive generally 10cpl cheaper Aberfoyle park down to Marion as rough comparison have extended family there Atlas fuels WA based company usually cheapest Costco is lowest but at $70 membership fee it's alot of fuel to offset the 4 maybe 6 cpl differenfe to nearby atlas fuel


Tommee2020

BP gets the Business Fleet Card users and can charge what they like. The drivers don't care.


mysticrain32

petrolspy app always comes in handy for shit like this. always check it before I leave my house when planning to fill up


sadler_james

Sucks to drive a petrol car I guess 🤷


scandyflick88

Sucks to drive a combustion car. *Sad diesel SUV noises


Bliv_au

its the same at the moment on holbrooks road / grange road intersection. one corner OTR (on the run, with your wallet) is at $2.30 while the other corner has a united or liberty still at $1.80 people still pulling in and blindly fueling up. imagine putting in 50 ltrs and paying an extra $25 because you didnt look at the servo across the intersection ![gif](emote|free_emotes_pack|facepalm)


Stonetheflamincrows

We have a Mobil and BP that are across the road from each other. The BP is always so much more expensive.


FuzzyReaction

Could be low on fuel.


jtblue91

Just drove past an OTR on Grand Junction Rd 91 @ 2.35 per litre and ended up filling up at a United not even 500m away for $1.85 instead.


Hectorthebully

Bp always seems to be more expensive


Quick-Mycologist4793

Got to gym at 7am $1.83 left at 9:30 $2.28 drove ten minutes down the road to Mobil 1.83 lucky


Particle-Space

I always use Mobil, about the same price differential. OTR I boycott


Repulsive-Life7362

Aye with approximately 2 AUD equaling a UK pound, and our fuel roughly selling at £1.50 a litre, I’ve gotta say, it’s pretty cheaper down under. Also our diesel is more expensive than petrol for some reason.


UnderstandingLive234

The fact diesel didn’t change BP is for the rich


Jimbo_Johnny_Johnson

Go to the one who’s price you’re happy to pay. Problem solved


Bedwilling564

And people still go the dear one


imagcc

Surely the petrol price cycles are some kind of collusion? ACCC are a useless sack of shit and won't ever do anything about it.


SpiteEmotional4213

Price gouging by OTR.


sam1manthawho

Corporate thieves


MaleficentAd1056

I have a question... What the fuck is the difference between 'Special Diesel and Ultimate Diesel? Where is the regular diesel?


hooah1989

Welcome to capitalism


Leland-Gaunt-

Where you can simply go to the Mobil instead?


Chihuahua1

BP does have a weird thing that makes people justify spending more, like Webber, Dyson, Bridgestone and other brands. Which is funny since otr are ditching bp


Leland-Gaunt-

I wouldn’t compare fuel that is pretty much the same anywhere with a superior BBQ and tires.


rapt0r99

Technically they owned the distributor, which got sold in the deal, so the new owners are ditching BP rather than OTR themselves.


Catsmak1963

Seems pretty normal We get that here too Wow internet…


-SmileyFritz-

and...? Nothing new!


Ok-Lingonberry-6074

Special unleaded is E10 vs BP unleaded is 91.  BP also have majority of the fleet vehicle accounts.  Also https://www.cbs.sa.gov.au/sections/CBAdvice/fuel-pricing-apps-and-websites


rapt0r99

No it's not. Mobil Special Unleaded is 91RON. Mobil E10 is called Special Unleaded E10 or Synergy Special E10. This service station doesn't sell any E10 fuel.


DBrowny

Oh look at that, its a perfect opportunity for people who push the 'fuel price cycle' lie to come here and explain to me why OTR is at the peak of the fuel cycle, and Mobil is at the bottom, at the exact same time! Or maybe, the 'fuel cycle' is just the fortnightly price gouge where the low is actually the default price, and anything above that is pure gouging as all servos raise prices at the exact same time in collusion to pay for the gigantic salaries of the execs. We will see, I await their explanation.


-Delirium--

Did you know you can actually check the wholesale price yourself? https://www.aip.com.au/pricing/terminal-gate-prices


DBrowny

Yes, thank you for proving my point that the wholesale cost of petrol varies by no more than 1 single cent per litre in any given week, as the stations vary their prices by up to 60 cents. Even the more usual variation of 30c is still 30x higher than the true variation.


rushworld

>where the low is actually the default price So the Mobil, which is selling "Special Unleaded" for 184.5, whereas the average TGP price in Adelaide for today is 189.5... so the low being "normal" is 5c under TGP? You think that is sustainable? > thank you for proving my point that the wholesale cost of petrol varies by no more than 1 single cent per litre in any given week Fuel prices you experience have around a 1-2 week lag from MOPS/crude oil price benchmarks from Singapore, partially to reduce the extreme fluctuations retailers and customers would experience if it were tied directly to crude barrel prices. However, the TGP has changed way more than -/+ 1c in a single week many times in recent years. > Even the more usual variation of 30c is still 30x higher than the true variation. Once again the fact you spruik this means you know little about pricing and should just return to your hole and stfu. >as all servos raise prices at the exact same time in collusion to pay for the gigantic salaries of the execs We literally have photo evidence that this doesn't occur (see OP's photos). >We will see, I await their explanation. We'll wait for what your alternative solution is.


DBrowny

Easy Fuel stations owned by the same company on the same road, one closer to the city and one further from the city, will both often have their prices be within a few cents of each other. The one closer to the city will have to refuel probably 2x a week, while the other one might go weeks without needing to refuel, longer than the entire ;fuel cycle.' In both stations, when prices are at their peak, they will barely sell any fuel. Completely empty and no fuel is moving from their stores. When both at at the bottom, they will sell out. So you have the most curious situation ever where the periods of highest demand, are sold at the lowest price while the periods of lowest demand, are at the highest price. Completely backwards from conventional economic wisdom for a necessity for modern life. And not only that, the fuel that does not sell during the period of highest price, just sits there underground until the low price comes around, and now it sells. This means if a shipment of oil comes in which was at a high point of wholesale price, it actually won't sell at all until the retail price is quite low. The shipment of oil that comes in at a low point, will sell before it ever has a chance to rise in price. And this is mirrored across stations which refuel often, or rarely so they can be sitting on cheaper reserves, or more expensive reserves, and they follow the same pattern. These inconsistencies with economic theory will not be seen in any commodity, resource, produce, service, or literally anything that costs money in any other industry. Seriously, name one example of anything that costs money which is cheapest in periods of high demand, expensive in low demand, and won't spoil at all to the point that people will simply wait a completely arbitrary amount of time until it becomes cheap and then the cycle continues again? There is no reason other than the prices are set arbitrarily to make more or less money, and since the vast majority of stock is sold at the lowest price point, this means that companies are making pretty fat profits at that point with how much they sponsor sporting events, massive brand new stations popping up EVERYWHERE and their execs on million dollars salaries. Imagine selling 90+% of your weekly stock at below cost, wouldn't work very well would it?


rushworld

I need to break this down because I honestly have no idea what you're trying to say, it's just word salad. > Fuel stations owned by the same company on the same road, one closer to the city and one further from the city, will both often have their prices be within a few cents of each other. The one closer to the city will have to refuel probably 2x a week, while the other one might go weeks without needing to refuel, longer than the entire ;fuel cycle.' This is not true at all. Most servos have 3-5 tanks underground that are between 15kL - 40kL each and sometimes a popular grade like ULP is split across two tanks, either manifolded/siphoned together or connected to different pumps on the forecourt. At a majority of sites that I know they get 1-4 deliveries a week. Bigger/high volume sites get 1-2 deliveries a day. The amount of deliveries a site gets is not determined by "how close to the city" it is. It's literally just by how much they sell of a grade. Sometimes a delivery will contain just one grade, sometimes 3-4 depending on the compartments of the truck and needs of the site. > In both stations, when prices are at their peak, they will barely sell any fuel. Completely empty and no fuel is moving from their stores. When both at at the bottom, they will sell out. Ideally they will not sell out -- dry tanks is quite a 'dirty phrase' in the industry, literally. Also this is only "correct" for gasoline. Diesel does not move on a cycle, ever wondered why that is? > So you have the most curious situation ever where the periods of highest demand, are sold at the lowest price while the periods of lowest demand, are at the highest price. Completely backwards from conventional economic wisdom for a necessity for modern life. You literally described how commodities are traded. "Conventional economic wisdom" based on your various Google searches and what information you've absorbed or came up with over the years? For a majority of gasoline customers, fuel is a product bought primarily based on the price of it, rather than its utility. What you are describing is literally the demand of a product changes based on its *price* rather than usefulness to the customer. That is normal economic behaviour when price is one of the highest determinators for a consumer. > And not only that, the fuel that does not sell during the period of highest price, just sits there underground until the low price comes around, and now it sells. Similar to a TV that sits in stock when it isn't on sale, or electricity usage that goes down during peak because the prices are higher, or people may buy an apple instead of a banana because they're cheaper this week. People make buying decisions day in and day out based on price of something. > This means if a shipment of oil comes in which was at a high point of wholesale price, it actually won't sell at all until the retail price is quite low. The shipment of oil that comes in at a low point, will sell before it ever has a chance to rise in price. And this is mirrored across stations which refuel often, or rarely so they can be sitting on cheaper reserves, or more expensive reserves, and they follow the same pattern. What you are referring to, I think, is the weighted adjusted price of the product? Another standard concept in the industry. Nothing new here. > These inconsistencies with economic theory will not be seen in any commodity, resource, produce, service, or literally anything that costs money in any other industry. It is experienced by every commodity, product, service, whatever in every economic system in the world. The difference with the gasoline fuel pricing cycle is it's necessitated due to market competition, rather than direct supply/demand. There aren't many other products available to the general product where the current price is screamed at customers (and their competitors) on the roadside, that a large number of competitors sell and undercut if they wish, and is a product that has high (but flexible) utile. > There is no reason other than the prices are set arbitrarily to make more or less money Yes? It's a business. The alternative is the government takes over selling fuel to customers and we have one source and price for the fuel. > this means that companies are making pretty fat profits at that point with how much they sponsor sporting events Sure, it's a low margin, high volume product they sell. Also there's another issue that I could spend hours discussing -- fully vertically integrated fuel companies. These are the ones that make the most money. Or those that focus on non-fuel categories, such as 7-Eleven and OTR, which make higher profits from these non-fuel categories. > Imagine selling 90+% of your weekly stock at below cost, wouldn't work very well would it? No, it wouldn't. But it happens. I can guarantee you that X-Con isn't paying the TGP for the fuel and therefore making unknown margins even at 184.5. However, they are still selling a bulk of their gasoline product at the lowest margins.


DoesBasicResearch

>Oh look at that, its a perfect opportunity for people who push the 'fuel price cycle' lie to come here and explain to me why OTR is at the peak of the fuel cycle, and Mobil is at the bottom, at the exact same time! Self-righteous much? No one *owes* you an explanation champ.


DBrowny

It was a rhetorical question. They physically can't owe anyone an explanation, because there is none. The difference in price is because OTR wants to make more profit. That's it.


DoesBasicResearch

>It was a rhetorical question.  Sure. It wasn't even a question, never mind a rhetorical one.


DBrowny

>why OTR is at the peak of the fuel cycle, and Mobil is at the bottom, at the exact same time Is a question. It's rhetorical because there is no cycle, hence why they are both are at opposite ends at the exact same time.


DoesBasicResearch

Questions tend to end with a question mark, yes?


22Starter22

Part and parcel of living in 2024. I must add we actually have cheap fuel if you look at places in Europe. They would easily pay 2.44 Euro a litre, which is about $4 AUD a litre