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Speaker 1: Now, over the last few weeks, I think you'd have

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Speaker 1: to say, well, at least the last few weeks, it'd

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Speaker 1: be safe to say we've been noticing some steep increases

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Speaker 1: when it comes to petrol prices, even when you look

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Speaker 1: at the bowser so sorry, when you look at the

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Speaker 1: terminal gate price so for Darwin as of yesterday it's

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Speaker 1: not been updated for today, but at the terminal gate

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Speaker 1: today it's sitting at a dollar sixty one point eight.

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Speaker 1: When you go across to the bowser, well, it is

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Speaker 1: on average about a dollar sixty nine. When you go

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Speaker 1: a bit further out though, those prices rise up to

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Speaker 1: about a dollar ninety in some locations.

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Speaker 2: This is for your unleaded petrol.

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Speaker 1: There's no doubt we're seeing an increase, but what exactly

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Speaker 1: is causing it. Well, joining us on the line to

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Speaker 1: tell us a little bit more about the situation is

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Speaker 1: the senior operations manager with the aant Eden Bell. Good

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Speaker 1: morning to you, Eden, Good morning Eden, thanks so much

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Speaker 1: for your time. I know that those prices they seem

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Speaker 1: as though they're really high at the terminal gate right

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Speaker 1: around Australia at the moment. I mean, as you'd expect

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Speaker 1: they're fairly high at the bowser as well.

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Speaker 2: What's caused the rise?

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Speaker 3: Look, I think there are some global influences that unfortunately

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Speaker 3: territories and anyone else in the stays that matter, has

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Speaker 3: little control. So unfortunately we have seen the mutwill pressure.

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Speaker 3: Those prices have been right and steadily over several weeks now,

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Speaker 3: you know, a couple of weeks back, there's a lot

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Speaker 3: of talk in respective the prices going even further, but no,

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Speaker 3: I caution talk enough prices. I think the primary focus

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Speaker 3: for us as well. We can't control the uttle pressure

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Speaker 3: in the ternal tap prices because that's influent playing. There's

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Speaker 3: international market. We're very Kingdom ensure that there is a

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Speaker 3: regional gap that exists between that whole style pith and

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Speaker 3: what people are paying at the bowser in the most

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Speaker 3: parts most court. The last year we've been sitting in

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Speaker 3: a very good position in the greatest at least, and

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Speaker 3: that we've maintained that under content, which is you know,

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Speaker 3: which is a very good position for down to the Eden.

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Speaker 2: We're just having a little bit of trouble hearing you there.

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Speaker 1: Your phone line seems to be quite low, but hopefully

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Speaker 1: hopefully we can hear you a bit better now. You

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Speaker 1: mentioned then that there is some of those you know,

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Speaker 1: some of those factors internationally that are coming into play.

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Speaker 2: What are they.

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Speaker 3: As I understand, I mean I can only expert in

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Speaker 3: the field, but I do understand there were some supplyeses.

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Speaker 3: I know there was other issues or other events like

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Speaker 3: weather events, major ones that occurred also in America, and

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Speaker 3: the supply I think primarily that will drive the price.

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Speaker 3: Now I know there was I think there was some

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Speaker 3: commitments that thieves or producers were going to release more

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Speaker 3: volume of oil. So at the moment, whilst there was

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Speaker 3: all talk of a couple of weeks ago that we

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Speaker 3: could see prices heading significantly further north from where we

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Speaker 3: are now, I think seeing where that price is that

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Speaker 3: even yet I thought there was probably a slight drop

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Speaker 3: in the in the international price. So let's singers crossed.

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Speaker 3: We are holding that line. I don't think we could

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Speaker 3: not go any further. For shoppers, that's about you know,

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Speaker 3: whilst there's not a huge amount of variations across our market,

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Speaker 3: we still suggest people take advantage of those discount offers

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Speaker 3: that are available to them shops for the best price

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Speaker 3: on the day. Our market is work pretty well given

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Speaker 3: that we have had that consistent margin from wholesales of retail.

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Speaker 3: But the challenge out in some of the more remote

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Speaker 3: rouges or smaller town areas in the NT that it's

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Speaker 3: a volume based concerned and unfortunately the margins there are

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Speaker 3: going to always be high and what we can achieve

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Speaker 3: the day.

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Speaker 1: Yeah, that was actually what I was going to ask

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Speaker 1: ask you, is you know, out in those regional areas

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Speaker 1: or some of those well some of those other areas.

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Speaker 1: Even when you go on the my fuel website and

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Speaker 1: I know it is a good way to keep an

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Speaker 1: eye on where it is you know, the fairest, but

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Speaker 1: some of those locations and I get that obviously, the

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Speaker 1: likes of Lorella Springs out there, you know via Bora Lula.

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Speaker 2: It's a long way away, but you're looking.

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Speaker 1: At three dollars a later out there, and in some

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Speaker 1: of those more remote areas, they must be really feeling

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Speaker 1: it at the moment.

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Speaker 3: Absolutely they would be. I mean, they'd be feeling it

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Speaker 3: every day of the week anyway, because, as I say,

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Speaker 3: the remote locality of some of those areas, unfortunately, there's

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Speaker 3: you know, there is zero competition. You've got one choice.

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Speaker 3: Typically the pio fuel and you know, you know they're

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Speaker 3: subject to that prices. Yeah, looking at the data, I

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Speaker 3: mean the myfield website. We've been a strong advocate for

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Speaker 3: that and support that fully because it does give everyone

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Speaker 3: visibility of where they can buy the cheapest price on

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Speaker 3: the day, and that visibility I think worked in favor

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Speaker 3: of territories more broadly, that there are going to be

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Speaker 3: you know, in a market that has little volume compared

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Speaker 3: to to other areas. Yeah, we're always going to be

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Speaker 3: subject to or we can't compare ourselves, I guess to

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Speaker 3: the likes of Sydney and others to be honest, I

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Speaker 3: mean talking to my interstate counterpart, they're having issues similar

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Speaker 3: to where then was that several years ago or Northern Territory,

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Speaker 3: and so it's good to see that we're actually holding

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Speaker 3: that margin i think in a realistic position, and you know,

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Speaker 3: I'd like to think that the industry is kind of

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Speaker 3: continue to support territories by doing so. Also, it comes

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Speaker 3: down to when the pricing and if we do see

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Speaker 3: a four in the in those wholesale prices, what we'd

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Speaker 3: like to ensure is that we're also seeing at the

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Speaker 3: price at the bounder of staff as to fall away

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Speaker 3: at the same time.

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Speaker 2: You're spot on.

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Speaker 1: Yeah, you're spot on, and that's something that our listeners

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Speaker 1: raised with us very often. You know, it's very quick

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Speaker 1: to go up obviously when the terminal gate price goes up,

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Speaker 1: but when the terminal gate price comes down, it maybe

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Speaker 1: doesn't flow down as quickly at the bowser to territory.

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Speaker 1: And so I suppose that's the concern here, isn't it

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Speaker 1: that when we do finally see some movement, making sure

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Speaker 1: it resonates for territorians.

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Speaker 3: For the last four months though, just tracking how that

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Speaker 3: wholesale price is given, that has been consistent to me.

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Speaker 3: That says that where there have been downward movements, that

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Speaker 3: the price that the bowser has moved in line. And

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Speaker 3: so I think, as I say more broadly, the puel

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Speaker 3: industry here in the Northern Territory has been doing their

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Speaker 3: part and keeping those keeping those margins at a realistic level.

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Speaker 3: And again it comes back to the individuals. I mean,

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Speaker 3: puel prices aren't legislated. It's up individuals to play their

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Speaker 3: part as well, and we always encourage to get on

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Speaker 3: and actively seek for that best price in the day everyone,

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Speaker 3: even if it was three or four cents cheaper and

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Speaker 3: you're utilized dur a discount card. If everyone did that,

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Speaker 3: we've been a very competitive market. At the end of

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Speaker 3: the day, we're talking approximate eight until leader above the

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Speaker 3: wholesale price. Something is currently working, and so you know,

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Speaker 3: I think we all to be mindful that whilst the

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Speaker 3: pricing is up, it's not due to local industry pushing

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Speaker 3: it up, but it is a international influence in which

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Speaker 3: we don't have a lot of control, and I can

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Speaker 3: hope that we're not going to see that going.

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Speaker 1: Yeah, absolutely, Hey, can I ask you how come obviously

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Speaker 1: the diesel price at the moment at the terminal gate,

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Speaker 1: I mean it's cheaper than the unlettered it's a dollar

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Speaker 1: fifty two point nine today, and obviously the unlettered's quite

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Speaker 1: high at the terminal gate to dollar sixty one point eight.

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Speaker 1: How come there is such a difference between the two

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Speaker 1: at the moment.

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Speaker 3: Look, there are going to be influencing terms of volume.

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Speaker 3: What's more competitive. I don't have probably a level of

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Speaker 3: detail that can shed lights on what might be specifically

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Speaker 3: causing that, but yeah, you're right, looking at the wholesale

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Speaker 3: prices generally, what they're able to buy and on sell

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Speaker 3: is probably the first start. But yeah, it'll also come

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Speaker 3: down to market, local market influences and about buying. But

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Speaker 3: you look at the you know what's out on the

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Speaker 3: road at the moment. We've got a probably significant portion

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Speaker 3: of our carpals in in the diesel range, but a

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Speaker 3: lot of them, and there are also other commercial supplied

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Speaker 3: diesel that would assist in getting pricing down at a

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Speaker 3: wholesale level because the more volume. But I'll tell you what,

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Speaker 3: those of you that have taken up the electric vehicle,

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Speaker 3: they're probably ones today that they're all smiles.

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Speaker 2: I reckon they would be.

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Speaker 1: Hey, Eden before I let you go, And I know

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Speaker 1: that you did touch on this, you'd said that there

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Speaker 1: were concerns that those prices were going to write further.

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Speaker 1: But are we expecting the prices to get any higher

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Speaker 1: over the Christmas period or are we sort of hoping

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Speaker 1: at this point in time that they do stay pretty steady.

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Speaker 3: Unfortunately, Katie, you know, I don't want to be a

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Speaker 3: betting man, and on a day like today, it's hard

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Speaker 3: to avoid it. But look again, I'm not a fan

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Speaker 3: of talking about price. I guess at the end of

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Speaker 3: the day, our primary focus is going to be the

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Speaker 3: international prices will ultimately influence if they rise. The best

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Speaker 3: we can do is just continue to ensure that at

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Speaker 3: the bowser we're getting a fair price in respect of

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Speaker 3: that gap. But look, I'm I'm not a future person

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Speaker 3: right now, I'm seeing it's relatively stable and so that's

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Speaker 3: a good indication and the hope that it maintains and

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Speaker 3: if supply internationally is being eased in terms of more

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Speaker 3: oil coming to the market, then hopefully, all fingers crossed,

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Speaker 3: we're not going to see the spike that we're previously

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Speaker 3: forecast and good news story for all territories.

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Speaker 2: Yeah, let's hope.

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Speaker 1: So Hey, Eden Bell, the AAENTT Senior operations manager, really

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Speaker 1: appreciate your time this morning.

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Speaker 2: Thanks so much for having a chat with me.

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Speaker 3: That's a pleasure.

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Speaker 1: Thank you.

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Speaker 2: That is Eden Bell there, the.

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Speaker 1: AA and T obviously the Automobile Association of the Northern

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Speaker 1: Territory And yeah, you know, we've been keeping an eye

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Speaker 1: on this for quite some time. I know that quite

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Speaker 1: a few of you have been in contact as well

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Speaker 1: about those prices, those petrol prices. But as we have

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Speaker 1: heard there and it's something that i've definitely noted when

196
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Speaker 1: checking out the terminal Gate price and also the Bowser

197
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Speaker 1: price most days that yeah, fortunately we aren't seeing big

198
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Speaker 1: markups at the Bowser and that is a good thing.

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Speaker 1: So a dollar sixty one point eight is what it

200
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Speaker 1: is today at the terminal Gate when you go across

201
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Speaker 1: to the Bowser. The fairest that you are going to

202
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Speaker 1: find it around Darwin today. So around Darwin for your

203
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Speaker 1: unlettered it is sitting at well, the fairest you're going

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Speaker 1: to find it is a fuel expressing. When el at

205
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Speaker 1: a dollar sixty seven point five, it then goes up

206
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Speaker 1: to a dollar sixty nine point five. That's at BP

207
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Speaker 1: when LA and BP coconut growth. When you go a

208
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Speaker 1: little further out, obviously those prices do change somewhat when

209
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Speaker 1: you head out towards Litchfield and look at those unlettered prices. Well,

210
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Speaker 1: the fairest that you're going to find at is at

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Speaker 1: a dollar sixty three point nine at Darwin River Supermarket,

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Speaker 1: and then at the United Holtz pie Face a dollar

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Speaker 1: sixty seven point nine, and then at the Independent Sam

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Speaker 1: Palms Roadhouse a dollar sixty eight. Tommy out there, but

215
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Speaker 1: all the way up to a dollar sixty nine point

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Speaker 1: nine

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Speaker 2: So there you go.