Aussies brace for shocking fuel price surge: 'Oil companies must fix this now'
By
Maan
- Replies 26
Rising costs are never welcome news, especially when they hit close to home and impact everyday essentials.
As the festive season approaches, a looming challenge is set to disrupt budgets and leave many Australians searching for solutions.
What’s driving this sudden shift, and how could it affect you in the weeks ahead?
Aussies were warned to shop around for the best petrol deals as fuel prices spiked nationwide during the festive season.
In Melbourne, petrol prices climbed to 192.0 cents per litre, with further increases expected in the coming weeks, according to the National Roads and Motorists' Association (NRMA).
Brisbane’s average reached 203.8 cents per litre, while Adelaide saw prices rise to 168.9 cents per litre. Perth (196.0 cents), Hobart (184.8 cents), and Darwin (175.5 cents) also recorded significant increases.
Canberra maintained stability at 196.4 cents per litre, but Sydney motorists fared better with prices dropping from 200.6 cents per litre on December 2 to 189.1 cents per litre.
The decline in Sydney, however, occurred at an unusually slow rate—just 11 cents over 16 days.
In Sydney, nearly a third of service stations offered regular unleaded fuel for under 183 cents per litre, though 22 per cent priced it above $2 a litre.
NRMA spokesman Peter Khoury called on oil companies to address the rising costs, saying: ‘It’s pleasing the cycle is falling in Sydney, what’s less pleasing is that those falls are happening at a snail’s pace at two-thirds of a cent per day, the oil companies must fix this now.’
Motorists in Brisbane and Melbourne were less fortunate, facing price hikes as families prepared for holiday travel.
Regional areas presented a glimmer of hope, with some locations offering petrol up to 40 cents cheaper per litre than urban centres.
Mr Khoury emphasised the benefits of using petrol monitoring apps to locate cheaper prices. He stated: ‘The wholesale price is around 66 so there’s a lot of fat in these margins right now depending on where you fill up.’
He advised motorists heading out of the cities to research prices beforehand, adding, ‘There’s every chance, you may well be going somewhere that’s cheaper than where you are.’
In a previous story, we delved into how a single petrol station ignited debate amidst soaring petrol prices. The excitement over a petrol station’s 99-cent fuel sale has certainly captured the public’s interest. Read the full story here.
What’s your strategy for dealing with the rising costs? Share your thoughts in the comments below.
As the festive season approaches, a looming challenge is set to disrupt budgets and leave many Australians searching for solutions.
What’s driving this sudden shift, and how could it affect you in the weeks ahead?
Aussies were warned to shop around for the best petrol deals as fuel prices spiked nationwide during the festive season.
In Melbourne, petrol prices climbed to 192.0 cents per litre, with further increases expected in the coming weeks, according to the National Roads and Motorists' Association (NRMA).
Brisbane’s average reached 203.8 cents per litre, while Adelaide saw prices rise to 168.9 cents per litre. Perth (196.0 cents), Hobart (184.8 cents), and Darwin (175.5 cents) also recorded significant increases.
Canberra maintained stability at 196.4 cents per litre, but Sydney motorists fared better with prices dropping from 200.6 cents per litre on December 2 to 189.1 cents per litre.
The decline in Sydney, however, occurred at an unusually slow rate—just 11 cents over 16 days.
In Sydney, nearly a third of service stations offered regular unleaded fuel for under 183 cents per litre, though 22 per cent priced it above $2 a litre.
NRMA spokesman Peter Khoury called on oil companies to address the rising costs, saying: ‘It’s pleasing the cycle is falling in Sydney, what’s less pleasing is that those falls are happening at a snail’s pace at two-thirds of a cent per day, the oil companies must fix this now.’
Motorists in Brisbane and Melbourne were less fortunate, facing price hikes as families prepared for holiday travel.
Regional areas presented a glimmer of hope, with some locations offering petrol up to 40 cents cheaper per litre than urban centres.
Mr Khoury emphasised the benefits of using petrol monitoring apps to locate cheaper prices. He stated: ‘The wholesale price is around 66 so there’s a lot of fat in these margins right now depending on where you fill up.’
He advised motorists heading out of the cities to research prices beforehand, adding, ‘There’s every chance, you may well be going somewhere that’s cheaper than where you are.’
In a previous story, we delved into how a single petrol station ignited debate amidst soaring petrol prices. The excitement over a petrol station’s 99-cent fuel sale has certainly captured the public’s interest. Read the full story here.
Key Takeaways
- Rising costs are becoming a major concern, especially as they affect essential expenses.
- Australians are facing a significant challenge just as the festive season approaches.
- The situation is expected to disrupt budgets and prompt a search for solutions.
- Key factors driving the issue remain a pressing concern for many households.
What’s your strategy for dealing with the rising costs? Share your thoughts in the comments below.