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Fuel pump prices in
New Zealand
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Notes: All cells that look
like this are
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If this
model is recalculating very slowly, try Firefox.
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Click here.
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[This
model can be used to see the impact on varying Crude oil prices and exchange
rates, assuming the Oil company costs and margins remain constant.]
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Much has
been reported on fuel price rises but no full analysis of the components of
the fuel prices seems to have been attempted - until now!.
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The base
information is from the Ministry of Economics website (see link below). We have used the 5
Nov 2008 figures as
the "marker" price at a given crude price and exchange rate. Taxes and levies are known, as are the
retail prices. The unknown is the cost
of refining and transport and the margins (of the oil companies and
retailers) but they are the "balancing" figure.
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Key assumptions:
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Click
here for source information
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Marker prices at 5 Nov 2008
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Estimate the new crude price if
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Dubai Crude oil
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Change
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Petrol
retail price = $
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$US Exchange rate
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Change
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Required Dubai price
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Biofuel
component (if any)
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(see below)
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Base input
cost $NZ
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(See Analysis page)
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Petrol
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Diesel
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Oil component cost
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Refining, transport
& margins
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Sub-total
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Levies & taxes (excl
GST)
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(See Base calculations)
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Local govt levy (see below)
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GST
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One of the
interesting aspects of this analysis (and of particular interest to the transport and farming sectors) is
the apparent difference in the identifiable refining, transport & margins
component of the pump price for diesel. The market price analysis shows its
nearly 80% above petrol. Why?
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In terms
of the impact of crude prices and the $US exchange rate, you can see the
impact below. This calculation assumes the transport, refining and margins
figure is as per the "marker" figures (or your alternatives).
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There are two other
variables in this analysis. They are (i) local government levies and (ii)
bio-fuel additives.
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(Petrol
only): Local Govt levy
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cents
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Bio-fuel %
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Price/l $
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Note: These figures are not taken into
account anywhere else because implementation is not planned for several
years. There will however show the
impact when the charge does kick in.
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CO2e emissions charge (%)
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Cost/tonne CO2e $
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Want to know more about Climate Change? Click here.
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Additional cost: Petrol
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(incl GST)
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Diesel
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(incl GST)
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Other variables (this sets the range for the
Tables)
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Crude High
$US
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$US High
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To see the
impact of a particular scenario,
set High and Low at the same value for each variable.
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Crude Low $US
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$US Low
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Prices
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Maximum
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Minimum
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From marker:
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Petrol
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Diesel
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The real
oil (forgive the pun) about the impact of an emissions cost for freight. (To
change any of these assumptions, go to Macro analysis.)
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Truck diesel consumption
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Average payload
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Carbon
credits cost
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© Copyright 2008 The ValueAdd Company (Copyright applies to the calculator, not its contents.)
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