Tomorrow the Australian state of Queensland, where I live, introduces its first fuel tax. Petrol will be 9¢ dearer per litre. Imagine my surprise when I tried to pull into a petrol station this afternoon and the whole forecourt and the major road that turns into it was packed with people queueing for ‘cheap’ petrol. I have never seen anything like it. Mass hysteria. You’d think that petrol was on ration or something.
Do the sums.
The average tank (should it be near empty) would take 50-60 litres. Multiply that by 9 and you get a $4.50 – $5.40 per tank saving. And people are queueing up for that saving? By waiting in a queue for 10 minutes they’re probably burning a quarter of their savings anyway. And in the big scheme of things a $5.00 saving is nothing.
My time on this earth is worth more than anything money can pay for so I went down the street to an empty BP station and paid a premium (5¢ more) so I could get home early and feed the cat!




Said…