Resources

Facts About the Australian Retail Fuels Market & Prices

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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.
Facts About Petrol Prices

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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…

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Liquid Fuel Supply Security and Reliability The Australian liquid fuel supply chain has considerable span and diversity. It includes crude and petroleum product shipments into and around Australia, refinery throughput, bulk fuel storage tanks, extensive terminal and distribution networks, over…
Catalyst fact sheet

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In 2008, the Department of Resources, Energy and Tourism (DRET), on behalf of NOSEC, undertook a Liquid Fuel Emergency Simulation Exercise – 'Catalyst 2008'. The aim of 'Catalyst 2008' was to test the emergency preparedness of the Commonwealth State and Territory Governments and industry to manage…

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AIP welcomes the conclusions of the ACCC Pricing Inquiry, that there is no evidence of price fixing or collusion in the fuel supply industry in Australia and that petrol pricing is largely a result of international factors. The Executive Director of AIP, Dr John Tilley, said, "AIP and its member…

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The Executive Director of AIP, Dr John Tilley said that "the current high petrol prices are caused by international market pressures – not price gouging by major oil companies. In particular, strong demand for petrol – particularly in the US – has occurred at a time of tight petrol supply across…
AIP_Submission_to_the_Senate_Petrol_Price_Inquiry

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The Australian Institute of Petroleum (AIP) welcomes the tabling of the Senate Economics Committee Report into Petrol Prices in Australia. “The central message in the Report is clearly that the Australian fuel market is a strongly competitive market, from which consumers benefit (page 51),…
AIP_Submission_to_the_Senate_Petrol_Price_Inquiry

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The Australian Institute of Petroleum (AIP) has recently lodged a comprehensive submission to the Senate Committee Inquiry into the price of petrol in Australia. This submission has been prepared to improve community understanding about petrol pricing in Australia and the international and domestic…

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The Australian Institute of Petroleum (AIP) and its member companies welcome the introduction of legislation into the Australian Parliament by Ian Macfarlane, Minister for Industry, Tourism and Resources to implement retail petroleum market reform. The Australian petroleum market will continue…

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The Australian Institute of Petroleum today advised that rising demand and tight supplies in the international petroleum markets was continuing to put upward pressure on pump prices in Australia. "There are a number of coincidental international factors at work in the market that continue to put…