I'm glad you found my comment interesting. The other petrol price factor is that the petrol retailers in my country use a price benchmark from Singapore – the name of which escapes me – and this benchmark is priced in $US. The current problem in my country is that even though the price of crude oil has dropped, so has the Australian Dollar against the US dollar. A few months one Australian dollar was worth $US 0.96, now it's $US 0.66.

Still at least my country is cheaper than most of Europe.

Cheers,

Ben

That is very interesting, I never knew that about Austraila. Over here (Hawaii, USA), I haven't seen that kind of price fluctuations up and down by week. Right now all gas prices are trending downwards, as the dollar gains strength and oil prices fall. I haven't seen it change based on day of the week at all, except that prices don't tend to change on the weekends, typically only on weekdays: most likely tied to trading in the oil markets.

Thanks for your comment, I appreciate it!

In my country, Australia,and state, Victoria, there is a distinct pertrol pricing cycle. The peak price is usually Thursday morning/afternoon with the lowest price point being Wednesday morning. The closet petrol stations that I use usually have the same exact price. The only price differential is that two of the petrol stations accept discount vouchers, that give $0.04 off per litre. The vouchers are obtained by making a total grocery purchase of $30.00 or more. The most intersting fact about this pricing cycle is that the lowest day of the cycle, Wednesday has the lowest percentage of petrol purchases over a week and Thursday has the highest percentage. Thursday is the traditional payday in Australia. I generally get my petrol on a Wednesday morning on the way to work and have never had to deal with a large line of waiting cars.

Cheers,

Ben

I'm not sure whether there is the same price flucuation throughout the week in the States, but it may be noting the price each day, provided it doesn't affect your usual driving routes, to see if there is a distinct pricing cycle.

I'll finish by saying that I tracked my petrol purchases for six months and found that buying at the bottom of the pricing cycle in combination with the discount vouchers was 9.0 to 14.5 % cheaper than if I had bought petrol at the peak price.

Cheers
Vincent
Personal Development Blogger

Impulse buying is the worst. I hardly buy anything impulsively (no candy at the cash register, etc), but bargain non-fiction books, especially former Best Sellers, those are tough for me to pass up.