My local BP service station is selling at AU$1.09 for a litre of diesel. Thats about 46pence per litre. Out of that amount the government take 38 cents in duty and then another 10% of the selling price in GST, 10.9cents. Transport costs I'd guess at about 2.5 cents per litre if they can take a full load of diesel - about 55,000 litres.
So about 50cents for the oil company which considering the investment most of them have in refining and drilling does nt seem overly high, certainly their return on investments in terms of share dividends is not over the top.
The prices have increased from about 85cents six weeks ago.
It would be interesting to see margins on other services - phones, McDonalds, etc. anyone know?