KiwiTT
17-08-2004, 12:26 AM
Based on this information
http://www.bp.co.nz/about/pricing/weekly.html
http://www.bp.co.nz/about/pricing/index.html
If we base our calculation at $37.44 a barrel and 49.88 cents refined
Crude Oil = 37 cents (Variable)
Refining charge = 12 cents (Flat)
Shipping = 5 cents (Flat)
Taxes = 60 cents (Flat)
Margin (12%) = 15 sents (Variable)
= Total cost = $1.29 a litre
And now at $100.oo per barrell (likely in 3-5 years)
Crude Oil = 99 cents (Variable)
Refining charge = 13 cents (Flat)
Shipping = 6 cents (Flat)
Taxes = 60 cents (Flat)
Margin = 20 sents (Variable)
= Total cost = about $2.00 a litre
And @ $200.oo per barrel (likely in 10-12 years)
= Total cost = about $3.00 a litre
Therefore don't let the car salesmen convince you buy a more economical car based on rising Oil price as it is only part of the cost.
PS: UK peeps can do their own calculations if they know the costs of taxes
http://www.bp.co.nz/about/pricing/weekly.html
http://www.bp.co.nz/about/pricing/index.html
If we base our calculation at $37.44 a barrel and 49.88 cents refined
Crude Oil = 37 cents (Variable)
Refining charge = 12 cents (Flat)
Shipping = 5 cents (Flat)
Taxes = 60 cents (Flat)
Margin (12%) = 15 sents (Variable)
= Total cost = $1.29 a litre
And now at $100.oo per barrell (likely in 3-5 years)
Crude Oil = 99 cents (Variable)
Refining charge = 13 cents (Flat)
Shipping = 6 cents (Flat)
Taxes = 60 cents (Flat)
Margin = 20 sents (Variable)
= Total cost = about $2.00 a litre
And @ $200.oo per barrel (likely in 10-12 years)
= Total cost = about $3.00 a litre
Therefore don't let the car salesmen convince you buy a more economical car based on rising Oil price as it is only part of the cost.
PS: UK peeps can do their own calculations if they know the costs of taxes