Resources
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The AIP produces a simple set of facts to assist the community, commentators and other interested parties in understanding the key market and other factors influencing fuel prices in Australia.Date
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The price of petrol in Australia is dependent on world market prices Crude oil, petrol and diesel are bought and sold in their own markets. Each market is regionally based and there are linkages and transactions between regional markets. Prices in regional markets reflect the supply and…Date
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There is an extensive range of Federal, State/Territory and Local government regulations and legislation applying to refineries and businesses operating in the downstream petroleum industry. Some of the key regulations are outlined below. Formal Price Monitoring On 17 December 2007, under…Date
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Petroleum is a complex mixture of organic liquids called crude oil and natural gas, which occurs naturally in the ground and was formed millions of years ago. Crude oil varies from oilfield to oilfield in colour and composition, from a pale yellow low viscosity liquid to heavy black 'treacle'…Date
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Subsidising domestic alternative fuel production is not necessary for energy security The reliable supply of conventional transport fuels (petrol, diesel and jet fuel) to the Australian market is underpinned by a diversity of supply options for petroleum products from domestic refiners and…Date
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Australian refineries continue to operate with no indications of any plans to close the remaining four There have been statements and Inquiry submissions from all refining companies about their future refinery investment plans and the ongoing role of these facilities in meeting customer…Date
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AIP has produced a set of basic facts on biofuels in Australia to inform consumers, commentators and other interested parties. AIP has consistently stated that there is a sustainable role for biofuels in the Australian fuels market provided biofuels are competitively priced, have a reliable supply…Date
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The Federal Government has introduced regulation of the quality of petrol and diesel fuel in Australia. The principal drivers of the fuel quality regulation are environmental. The adoption of emerging vehicle engine and emission control technologies is a key strategy in the management of ambient…Date
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The ACCC releases its Formal Monitoring Reports each year ('Monitoring of the Australian petroleum industry-report of the ACCC into the prices, costs and profits of unleaded petrol in Australia').Date
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The ACCC releases its Formal Monitoring Reports each year ('Monitoring of the Australian petroleum industry-report of the ACCC into the prices, costs and profits of unleaded petrol in Australia').