Energy Efficiency

We are living through strange times, where now, more than ever before – like watching a magican – we know but can’t quantify the effect/s of manipulation. Make no mistake, in Australia our $ is being tossed around but for no other reason that as part of the ripple effect of  the USA’s on and off again death throses ….

Given the vagaries of market movement and aforesaid manipulation, what are the septics paying for fuel as opposed to us in OZ.  [And remember there are a lot of countries whose losses - with a collapsing US$ - only have paper losses at present, so keeping the 'body' alive in some vague hope that a miracle will occur is what is stopping life support being switched off]     
 
Taken at some random point … In July Oil was at $145 USD barrel, our exchange rate peaked in that month at over 0.97, so a barrel of oil was roughly $149.  Oil is around $75 (disregarding current drops that won’t have had time to flow through) and an exchange rate around 0.80 for the latter part of September, a barrel of oil would be $93, which is $56 off the peak.

At today’s rates 0.6681 USD and $69/barrel we get $103, which is still $46 off the peak, yet we (at least here) are lucky if we’ve seen a 5-10 cent drop from peak fuel prices. Oil is at 69% of it’s high, but prices are still at 90 odd percent of their high, at best.

We buy Tapis, but the overall changes should still be indicative given that Tapis is (nearly?) always more expensive.