16 December 2015

The RAA is urging country fuel retailers to pass on savings at the pump ahead of Christmas, to reflect falling wholesale oil prices.

Coober Pedy, Port Augusta and Naracoorte were among the worst performers in the RAA’s latest regional fuel star ratings.

Renmark, Mount Gambier and Port Lincoln were among the fairer centres.

RAA senior analyst Chris West said wholesale petrol and diesel prices had been falling over the past couple of months, with greater falls expected approaching Christmas because of falling oil prices.

He said there was no legitimate reason for country petrol or diesel prices to increase over Christmas.

“Diesel is at high demand right now right across country areas, not obviously just for motorists but agriculture use, so it’s concerning many retailers now are actually charging higher prices than petrol,” he said.

“In reality, motorists would be interested to know that diesel wholesale prices currently are five cents cheaper than petrol.”

Mr West is urging country retailers to pass on the reductions.

“We would’ve expected most country centres to be offering fuel in the mid to low $1.20s and even in the lead-up to Christmas we would be expecting many retailers to be heading towards mid-teens to reflect the falling oil prices we’re seeing right now,” he said.

Extracted in full from ABC News.