VPE 0.00% 41.5¢ victoria petroleum nl

dont count on it - csg, page-6

  1. 8,986 Posts.
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    Tony yep Ex=38.1% + GST 10% also not appropriate to use USD as majority of AUS oil is based on the Tapis Crude Singapore benchmark, some is OPEC and even less on Bonny. So charting should factor those currencies - and any oil bought on future margins. Also there was a 4-5c/L mandated margin between unleaded and ULP & Super - now we've all been weaned off Unleaded [sept for my 56MGA] that margin has quietly been dropped - and we are often being ripped off on 95 98 and 100 Ron margins which were historically less than 10% that now can be up to 20%. Often 95 can nudge 97, so I'll put in 1/2 a tank on top of the existing 98 on country runs to get me to next 98 bowsers, so average RON is quiet ok on long run.

    If these oil pipe jobs I talked about earlier fall through maybe VPE can do a good deal. I haven't looked into traditional land ownership issues on the path, years ago the pipe could have been run in the road corridor - not now.
 
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