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Fuel Retailers Say The ACCC Isn't Telling The Whole Story

The national body representing fuel retailers in Australia has openly criticised the ACCC’s June 2016 Quarterly Report on the Australian Petroleum Market for being “somewhat selective” in its most recent commentary on retail petrol price movements — namely that petrol prices have hit a new low — but retailers are charging more than ever.


Welp, Australians Are Spending A Lot Of Money On Transport

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.


BP's BPMe App Lets You Pay For Fuel From Your Car

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.


Could This Supersonic Technology Help Australia's Metal And Car Industries?

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.


What The Heck Makes Flying So Expensive?

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.


Peabody, The Biggest US Coal Miner, Faces Bankruptcy

The future looks dark for coal miner Peabody. America’s biggest provider of the fossil fuel has admitted that it may have to seek bankruptcy protection.


ACCC Finds Crude Oil Savings Are Not Being Passed On To Motorists

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.”


There's A Petrol Station In The ACT Selling Fuel For 9 Cents A Litre Today

Metro Petroleum in Barrier Street, Canberra is discounting fuel by $1 per litre between 12pm and 2pm today. In preparation, there will be road closures and reduced speed limits.


Six Months After The Earthquake, Nepal Is Open For Adventure

Nepal is home to the best climbing, trekking and mountaineering on earth. But, earlier this year, it also had a massive earthquake, an avalanche on Everest and is right now subject to a “blockade” by its neighbour India. Can you still visit? Surprisingly, now may be the best time ever.


Fuel Made From Algae Could Help Fukushima -- And The Rest Of The World

In the ongoing search for a non-nuclear energy, Fukushima could find a partial answer in living, green, microalgae. And algae can help the rest of the world, too.


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