WebAustralia’s 2P reserves of conventional oil resources in 2024 are estimated as 10,263 petajoules (PJ; 1,803 million barrels [MMbbl]). At 2024 production rates, this is the equivalent of about 14 years of remaining conventional oil reserves. About 80 per cent of Australia’s produced oil was exported in 2024. WebMar 20, 2024 · While $127.3 billion was raised by the petrol tax over the decade, $68.4 billion was spent on Land Transport Expenditure, which includes roads, rails and cycle paths. In the worst year, the 2012 financial year, just 31 per cent of the net $13.3 billion raised by the petrol tax was reinvested into transport.
ACCC rejects claims gas price cap and safeguard mechanism …
WebThe market price of diesel (Gasoil 10ppm sulfur) works out to be $1.41/litre including Australia's fuel tax but not including any costs such as: The cost of transporting fuel, … WebMar 16, 2024 · The Australian Petroleum Statistics is a monthly publication of national and state statistical information on sales of petroleum products, exports and imports of petroleum products and crude oil, production of crude oil and condensate, refinery input and output, and stocks of petroleum products. To join the mailing list to receive notification ... camper van for sale in perth
Your fuel consumption calculator and guide - Compare The Market
WebRetail fuel prices in Australia include GST at the rate of 10% (or 1/11 of the total price paid). Excise duty Excise rates on fuel and petroleum products, other than aviation fuels, are indexed twice a year in line with the consumer price index (CPI). This generally occurs in February and August. WebFeb 15, 2024 · The Australia Institute calls it our largest fossil fuel tax break because key beneficiaries are oil, coal and gas giants, who claimed $14.5 billion in fuel tax credits between 2006-2007 and 2024 ... WebOct 12, 2024 · According to our survey results, Western Australians have a higher average cost of petrol than any other Australian state, at $134 per month (or $1,609 per year). The … first thanksgiving dinner food