Tagged With fuel

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Petrol prices have dropped significantly in the last three months, a trend that is expected to continue into the Christmas and New Year period, according to the ACCC - who says you should still be shopping around.

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Scientists recently developed a method to convert sewage into biocrude oil, so it appears that our future will quite literally be shit. According to a report from Pacific Northwest National Laboratory, researchers converted poop to oil using a process called hydrothermal liquefaction. PNNL explains that hydrothermal liquefaction "mimics the geological conditions the Earth uses to create crude oil, using high pressure and temperature to achieve in minutes something that takes Mother Nature millions of years."

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PhD student Songpol Boonsawat has developed a waste disposal system that turns household plastic waste, contaminated plastic waste and targeted plastic waste into fuel. If implemented across homes and councils across Australia, it could result in an 80 per cent reduction of plastic waste in landfill.

Songpol says there is huge potential for some councils to convert plastics into as much as 73 million litres of oil each year.

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The Federal Government has assured industry and the public that tougher CO2 regulations will have no negative impact on consumers, as the fuel savings will cover the additional upfront cost of more fuel efficient vehicles.

But new analysis by the Centre for International Economics shows otherwise, and the Australian Automobile Association (AAA) has called upon the Federal Government to re-explore all costs and benefits associated with proposed vehicle emissions regulations.

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The average Australian family is spending up to $22,000 every year to get around, according to the Australian Automobile Association.

The AAA commissioned Australia's first Transport Affordability Index to track transport affordability by analysing tax, tollways, public transport and finance costs as a proportion of average household income across states and territories.

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BP's latest innovation has been announced — a smartphone payment technology which lets you buy fuel from your car.

The free BPMe app is the first of its kind in Australia and also allows you to track your odometer, store electronic fuel receipts and locate your closest BP service station.

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A CSIRO-developed technology, known as MagSonic, produces magnesium using up to 80 per cent less energy and up to 60 per cent less carbon dioxide emissions thanks to a supersonic nozzle.

As the lightest of all structural metals, Magnesium is in rising demand from car manufacturers who are turning to the metal as a solution for making lightweight, low-emission vehicles.

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Is it the fuel? Not really. Even though giant passenger jets do guzzle down fuel at a ridiculous 2km per gallon — seriously, they need 8l of jet fuel for every mile travelled — there areso many people on an aeroplane that the fuel cost gets split down to a much more reasonable price: a per person fuel efficiency of 169km per gallon. That's good! So why is flying so expensive? It's everything else.

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The Australian Competition and Consumer Commission has released its fifth quarterly report into the Australian petrol industry, examining the decline of petrol prices up to the end of December 2015. The report found that the quarterly average price in the five largest cities (i.e. Sydney, Melbourne, Brisbane, Adelaide, and Perth) was 124.4 cents per litre (cpl), which was 8.8 cpl lower than the previous quarter and 11.4 cpl lower than in the June quarter 2015.

"This decrease in prices over the quarter was welcome news for motorists," ACCC Chairman Rod Sims said. "However, retail petrol prices were not as low as might have been expected given the level of crude oil prices."