Inquiry into motor vehicle fuel prices
ACT Independent Competition and Regulatory Commission
Submission by Caltex Australia Limited
May 2001
ACT ICRC inquiry May 2001.ppt
1
US
A
180
160
Ja
pa
Ne
n
th
er
la
nd
s
*K
or
ea
No
rw
ay
220
Ita
ly
Ze
al
an
d
*M
ex
ic
o
Ca
na
da
Au
st
ra
lia
G
Cz
re
ec
ec
h
Re e
pu
bl
ic
Po
la
nd
Sp
ai
n
Po
rtu
ga
l
Hu
ng
ar
Sw
y
it z
er
la
nd
Ire
la
nd
Au
st
ria
G
er
m
an
y
Tu
rk
ey
Fr
an
ce
De
nm
ar
k
Sw
ed
en
Fi
nl
an
d
Be
lg
iu
m
Ne
w
Australian cents per litre
Chart 1
Petrol Prices and Taxes in OECD Countries 77
December Qtr 2000
Tax Component not available
200
Tax component
shown unshaded
140
120
100
80
60
40
20
0
ACT ICRC inquiry May 2001.ppt
2
Chart 2
Canberra v. Sydney unleaded petrol price
(freight cost adjusted)
5.0
Positive number indicates Canberra
price greater than Sydney
3.0
2.0
1.0
0.0
-1.0
Apr-01
Mar-01
Feb-01
Jan-01
Dec-00
Nov-00
Oct-00
Sep-00
Aug-00
Jul-00
Jun-00
May-00
Apr-00
Mar-00
Feb-00
Jan-00
Dec-99
Nov-99
Oct-99
Sep-99
Aug-99
Jul-99
Jun-99
May-99
Apr-99
Mar-99
Feb-99
Jan-99
Dec-98
Nov-98
Oct-98
-2.0
Sep-98
Difference, cents per litre
4.0
Informed Sources published monthly data
ACT ICRC inquiry May 2001.ppt
3
Chart 3
Queanbeyan v. Canberra unleaded petrol
(not freight adjusted)
0.50
0.00
-1.00
Positive number indicates Queanbeyan
price greater than Canberra
-1.50
-2.00
-2.50
Fuel sales grant applied
from 1 July 2000
Apr-01
Mar-01
Feb-01
Jan-01
Dec-00
Nov-00
Oct-00
Sep-00
Aug-00
Jul-00
Jun-00
May-00
Apr-00
Mar-00
Feb-00
Jan-00
Dec-99
Nov-99
Oct-99
Sep-99
Aug-99
Jul-99
Jun-99
May-99
Apr-99
Mar-99
Feb-99
Jan-99
Dec-98
Nov-98
Oct-98
-3.00
Sep-98
Cents per litre
-0.50
Informed Sources published monthly data
ACT ICRC inquiry May 2001.ppt
4
Chart 4
ACT average unleaded petrol (Jan - Apr 2001)
1.020
Average pump price $/litre
1.000
0.980
0.960
0.940
0.920
0.900
0.880
e 01 01 01 01 01 01 01 01 01 01 01 01 01 01 01 01 01 01 01 01 01 01 01
at
D /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20 /20
1
1
1
1
1
1
2
2
2
2
2
3
3
3
3
3
3
3
4
4
4
4
4
/0 0/0 5/0 0/0 5/0 0/0 4/0 9/0 4/0 9/0 4/0 1/0 6/0 1/0 6/0 1/0 6/0 1/0 5/0 0/0 5/0 0/0 5/0
5
0
1
1
2
2
3
0
0
1
1
2
0
0
1
1
2
2
3
0
1
1
2
2
ACT ICRC inquiry May 2001.ppt
5