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    Fuel panic buying grips Australia as Sydney clings to last petrol under $2
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    Fuel panic buying grips Australia as Sydney clings to last petrol under $2

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    30 Comments

    1. Expensive-Horse5538 on

      Do people not realise that buying fuel now out of fear of it not being avaliable is only going to make it run out quicker and push prices up quicker?

      Though I do feel the fuel companies would’ve just used the war as an excuse to raise prices regardless if there was any risk of fuel running out.

    2. sativarg_orez on

      Much like how I just ran out of toilet paper a day before the covid madness kicked into gear, my car needed a top up this weekend – a rare occurrence for us, we mostly drive to the shops once a week for groceries, going a couple months without a top up is quite normal.

      Anyway, while it hits the wallet, it was at least not a panicked crowd or empty petrol stations, so not so bad. I guess most people don’t have the capability to hoard petrol, which helps.

    4. Frozefoots on

      It’s not panic over fuel running out.

      It’s panic due to fuel prices being raised simply because the W word was uttered. As prices rose, people started buying more to get it at a cheaper price before it went up. Any impacts to fuel prices won’t be apparent immediately. We were told this.

      But fuel prices rose immediately. Because the servos are greedy, opportunistic bastards that have no fear of regulators. THIS is what triggered the panic buying.

      Government needs to step in and look into this, but they’re sitting on their hands while the servos gleefully pocket more money. As usual.

    5. TizzyBumblefluff on

      I drove past one of the last places offering it for 199.9 yesterday and there were people filling up 2-3 Jerry cans.

      Going to have to be careful where and when I drive as these prices on the disability pension are crazy.

    7. 37elqine on

      Buying fuel is a sunk cost,

      Buy what you need….

      No don’t… stockpile people….

      Also going to be cheap up and down the coast on holidays nkw

    9. drine2000 on

      Stockpiling fuel is messy business as well.

      Leaving jerry cans all over the place? Leaving them outside someone will probs pinch em.

      Leave them inside and it stinks up a joint.

      Feels like a Max Max prequel.

    10. Tekashi-The-Envoy on

      Can you blame people, be realistic.

      I know reddit hates the idea of anyone having a car and not using public transport.

      But the average family probably more worried about what they’re going to have to cut out to afford a tank of fuel to get the kids to school or them to work. Its price worry, not supply worry.

    11. DarkNo7318 on

      Once the buying kicks in it becomes a self fulfilling prophecy. And from any individual perspective, joining in to the buying is the most rational move.

    12. moht81 on

      Not helped by shit sites like news.com.au fear mongering through poorly written click bait articles

    13. thesillyoldgoat on

      But the world has stopped talking about Epstein, so it’s mission accomplished and no one who matters gives a rats about petrol prices.

    14. my_teeth_r_dry on

      It’s not panic buying, it’s buying before the price goes over 3 dollars a litre.

    16. technohorn on

      Great move. Well done Angus Taylor. Shift the oil reserves to the US. Even Pauline Hanson supported what you did. 🙄

    18. RecentEngineering123 on

      Before all this happened I’ve been buying fuel for $1.50-$1.60/litre. That’s been nice but I had been thinking it couldn’t last. Maybe best way to think about it is this is a correction. Maybe the end of cheap fuel mean less people on the roads which isn’t the worst thing in the world.

    19. Faelinor on

      And attempts by this government to encourage the take up of electricity vehicles is somehow so heavily attacked by the media, and the people who hate electric vehicles the most, drive the cars that use the most fuel intentionally. And this happens every single time.

    20. JohnnyTango13 on

      The amount of money saved is negligible because everyone’s going to buy at the higher price eventually so it makes little sense to panic buy

    22. SuitableFan6634 on

      Christ I hate the media sometimes. They’re panic buying because of stupid articles like this.

    23. barrel-boy on

      It’s not a race. It’s not a competition. Say goodbye to your weekend if you buy an electric car.

      What is that knob doing now?

    26. Perthguv on

      In Perth, Vibe Ascot is $173.7. It makes me wonder if panic buying has not hit Perth yet

    28. Sacrilegious_skink on

      If prices go up 40%, I will just cut my car use by 40% rather than panic-buy fuel. There’s plenty of situations where I use my car frivolously or could car pool, cycle or catch public transport. Time to embrace the depression mindset. I’m kind of excited tbh. Fuel has been too cheap for too long considering what it actually does for us (it can pull tons of weight up hills super quickly. Crazy stuff).

    29. A1ianT0rtur3 on

      The best thing for everyone to do when there is a shortage of something is to buy more than what they need.. Just like with the toilet paper.