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  1. R

    Petrol at $3 a litre

    Things change in the oil industry. I bought Caltex shares at the float in April '98 @ $4.00/sh. Sold them for $2.77 in Oct '99. The oil industry was very competitive then because of excess refining capacity world wide. This meant Caltex was hardpressed making ANY refining margin and precious...
  2. R

    Petrol at $3 a litre

    Andy, please do some research and post your results. I am interested in this. The ethinol being produced in Oz now is most likely to come from sorgham (milo), I believe. I also hear the sugar industry is planning to use molasses (a very valuable stock feed) and bagasse (can be burn't for...
  3. R

    Petrol at $3 a litre

    It's not the $ cost Cane farmers may, or may not, be able to sell ethinol at a profit but they will need to buy diesolene at "primary producer" rates and sell the final product at "pump price" ergo they will only be farming the taxes. Should they be forced to pay full economic cost of their...
  4. R

    Petrol at $3 a litre

    Something positive Check out this site on adding acetone to your fuel tank. http://www.lubedev.com/smartgas/additive.htm Some of the members of the forum I was reading have been testing this and while a few seemed to have used too much and got poor results, all say their car ran better. A...
  5. R

    Petrol at $3 a litre

    Gaz, have you Googled "methane bubbles"? Seems cow's farts can sink ships LOL
  6. R

    Petrol at $3 a litre

    Maybe the methane bubbles will get us first LOL
  7. R

    Petrol at $3 a litre

    Three dollar/lt petrol is the least thing to worry about if these guys who voted on a Peak Oil chat site know what they're talking about: View previous topic :: View next topic I believe Peak Oil will probably be... 0) ... revealed as a myth or conspiracy / alternatively "peak what?"...
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