Shell have a house magazine that toys with $3 a litre.
I think you are right Pixie in your long-established focus on retail fuel prices.
Petrol and diesel are not going to get any cheaper. At some stage biodiesel will become competitive.
Also noticed in ABJ report they have capacity for glycerol. I don't know if that is the same as glycerine which is currently a cash winner for NFL.
Also noticed Narangba QLD is not "mothballed" like NSW but on "standby" and assume this means Narangba is set to reap a cash windfall on a short term opportunity.
All they need is enough cashflow to keep afloat, and wait.
ABJ Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held