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Petrol price

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  1. #1

    Join Date
    Jul 2014
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    Petrol price

    Can anyone explain to me why I seem to be spending the same amount on gas over the last several months despite the massive drop in international oil price? Do the tycoons have a monopoly on petrol stations in HK like everything else?


  2. #2

    Join Date
    May 2009
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    6,290
    Quote Originally Posted by paul45:
    Can anyone explain to me why I seem to be spending the same amount on gas over the last several months despite the massive drop in international oil price?
    Do you fill every time for $100? That could explain it.

  3. #3

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    Jan 2008
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    1,953

    Prices have come down by about $2 per litre . Government charges HK$6.00 ( about) per litre in tax.


  4. #4

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    Jul 2014
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    More like HK$800 every 2 days.


  5. #5
    Quote Originally Posted by paul45:
    More like HK$800 every 2 days.
    Wow.. how much do you drive? Also what kind of gas (petrol) guzzler are you driving?

  6. #6

    Join Date
    Nov 2007
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    Back in September I was paying $16.74 / Lr vs my last top up which was $14.14 / Lr so definitely seeing a decent decrease in petrol prices.

    $800 for petrol every 2 days seems very high. What are you driving and how much do you drive?


  7. #7

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    Jul 2014
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    Quote Originally Posted by jmbf:
    Back in September I was paying $16.74 / Lr vs my last top up which was $14.14 / Lr so definitely seeing a decent decrease in petrol prices.

    $800 for petrol every 2 days seems very high. What are you driving and how much do you drive?
    I don't think that's a decent decrease! Prices in the US have come down from $4 per gallon to under $2. Obviously taxes and other things count for some difference but a 15% drop pales in comparison.
    Last edited by paul45; 03-02-2015 at 10:11 AM.

  8. #8

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    Jul 2014
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    Quote Originally Posted by jmbf:
    Back in September I was paying $16.74 / Lr vs my last top up which was $14.14 / Lr so definitely seeing a decent decrease in petrol prices.

    $800 for petrol every 2 days seems very high. What are you driving and how much do you drive?
    A lot of trips for the kids up and down the Peak in a 2009 Elgrand.

  9. #9

    Join Date
    Sep 2014
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    Quote Originally Posted by jmbf:

    $800 for petrol every 2 days seems very high. What are you driving and how much do you drive?
    Could it be this :


  10. #10

    Join Date
    Jul 2014
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    39
    Quote Originally Posted by jmbf:
    Back in September I was paying $16.74 / Lr vs my last top up which was $14.14 / Lr so definitely seeing a decent decrease in petrol prices.

    $800 for petrol every 2 days seems very high. What are you driving and how much do you drive?
    A lot of trips for the kids up and down the Peak in a 2009 Elgrand.

    Sort of besides the point though. I genuinely am interested to know why the price hasn't moved much in HK. My driver claims it's because the retail stations stockpile fuel and need to clear through old inventory.

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