Sunday, June 20, 2021

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Tags Terminal gate price

Tag: terminal gate price

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.

 

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