Monday, June 14, 2021

The freedom of the press still furnishes that check upon government which no constitution has ever been able to provide – Chicago Tribune.

Tags Mark-up

Tag: mark-up

Car fuel: nice work if you can get it

Further details are coming to light about the high cost of automotive fuel in Alice Springs although the industry is still refusing to answer questions.

The informant mentioned in our report posted last week bought diesel on August 3 for about $1.53 a litre from an Alice Springs wholesaler.
According to FUELtrac the Terminal Gate Price (TPG) on that day in Adelaide was an average (across all companies) of $1.34.

The TPG is usually for full tanker loads (of at least 35,000 litres) for product paid cash on delivery (COD).
Transport to Alice Springs is believed to be 7 to 9 cents a litre. Assuming it's 8 cents, that gives the wholesaler a margin of 11 cents a litre – three cents more than the retailer is getting. That's a mark-up of $3850 for the 35,000 litres, of course delivered in bulk.
The Alice Springs News Online has asked the wholesaler for a comment. ERWIN CHLANDA reports.

 

- Advertisment -

Most Read

The fastest Finke ever

By OSCAR PERRI It was a record breaking first day of the Tatts Finke Desert Race, with Toby Price the fastest ever time to Finke...

Brian Butler, mentor to the Stolen Generations

1947 - St Francis' House Boys - Back: Charlie Kunoth, Bill Espie, Peter Tilmouth, John Palmer - Middle: Laurie Bray, Charlie Perkins, Ernie Perkins,...

Toby Price in a truck fastest in Finke prologue

By OSCAR PERRI Racing at Finke began in earnest today as competitors faced off in the prologue, competing to be first off the line in...

Douglas Lockwood: World news made in the Territory

PART TWO by JOHN P McD SMITH Territory Journalist Douglas Lockwood’s second scoop he described as "world-shattering".   It had the suspense of a spy-thriller, the tensions of...