Resources

Featured

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A full list of AIP media releases.

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AIP welcomes the conclusions of the ACCC Pricing Inquiry, that there is no evidence of price fixing or collusion in the fuel supply industry in Australia and that petrol pricing is largely a result of international factors. The Executive Director of AIP, Dr John Tilley, said, "AIP and its member…

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The Executive Director of AIP, Dr John Tilley said that "the current high petrol prices are caused by international market pressures – not price gouging by major oil companies. In particular, strong demand for petrol – particularly in the US – has occurred at a time of tight petrol supply across…
AIP_Submission_to_the_Senate_Petrol_Price_Inquiry

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The Australian Institute of Petroleum (AIP) welcomes the tabling of the Senate Economics Committee Report into Petrol Prices in Australia. “The central message in the Report is clearly that the Australian fuel market is a strongly competitive market, from which consumers benefit (page 51),…
AIP_Submission_to_the_Senate_Petrol_Price_Inquiry

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The Australian Institute of Petroleum (AIP) has recently lodged a comprehensive submission to the Senate Committee Inquiry into the price of petrol in Australia. This submission has been prepared to improve community understanding about petrol pricing in Australia and the international and domestic…

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The Australian Institute of Petroleum (AIP) and its member companies welcome the introduction of legislation into the Australian Parliament by Ian Macfarlane, Minister for Industry, Tourism and Resources to implement retail petroleum market reform. The Australian petroleum market will continue…

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The Australian Institute of Petroleum today advised that rising demand and tight supplies in the international petroleum markets was continuing to put upward pressure on pump prices in Australia. "There are a number of coincidental international factors at work in the market that continue to put…

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The Australian Institute of Petroleum today advised that changes in the international petroleum markets are putting upward pressure on pump prices. "Petrol prices in Australia are set on the price of available product in Singapore, which is a benchmark for prices in the Asian region. The reason…

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The Australian Institute of Petroleum today released its annual survey of oil industry profitability that confirmed the refiner-marketer oil companies made an underlying loss making and selling petroleum products in 2000. The 2000 Ernst & Young Downstream Oil Industry Financial Survey that…

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The Australian Institute of Petroleum today suggested a touch of reality was required in the current debate on petrol prices. "The attached table published by the International Energy Agency (IEA) clearly shows that the Australian petroleum industry is intensely competitive and is recognised as…