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4 comments on Chart of the Day - Wednesday 21st November 2007
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I do a lot of driving within NSW and have noticed
over the past few years that traffic volumes are '
down and I no longer have problems finding vacanies
in motels. I suspect that people are driving
less in the country except at holiday time. Interstate
travel is now predominantly by plane. A return
car trip Sydney-Melbourne will now cost me around $250 in fuel compared to a $69 air fare.
However, I don't think city driving has been
affected by the oil price, yet.
great to have your comments and perceptions from different areas. anybody feel like writing a (short) post for TOD ANZ on a topic of your choice? we'd love to hear from you..
cheers
phil.
I run a gas station in NZ in an area where money is always tight. We are seeing the same number of customers and they are getting their usual $20 at a time. with the increase in price they are not able to drive as far. Clearly price is controlling demand in my area, however over the whole city the volume pumped is up on last year. When the rest of the city catches up to what the less affluent already have done will be an interesting time.
Pique_Oil