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Petrol Confusion

Caltex successfully convinced me yesterday that they do not use logic when deciding on petrol prices. I was fairly convinced of that already, but they made sure of it yesterday.

According to 2UE’s Tim Webster, all the Caltex stations he passed in Sydney were selling unleaded petrol for 146.9 cents per litre. In Weston yesterday the Caltex Woolworths petrol station were selling unleaded petrol for 139.9 cents per litre, a price which was repeated at another Caltex just off Drakeford Drive. Oddly though, another Caltex near Drakeford Drive was selling it for 143.9 cents per litre.

As for today’s prices…I don’t want to know, as it would only make me try to find logic where this is none.

If only I had a recording of that conversation Glenn Wheeler had with a petrol company spokesperson just before Easter (at least I think it was just before Easter). That was one of the most amusing and confusing conversations I’ve heard and I think Glenn was right when he summed up the petrol company’s explanation as something along the lines of “take a number, divide it by five, add a couple tomatoes, a pineapple, a coconut, and an onion, and hey presto! It’s a perfect petrol price”.

I wonder if it would be more cost effective to buy crude oil and refine it myself?

Samuel