A NEW mobile phone app has been launched to give Tasmanian motorists real time fuel prices.

The RACT and GasBuddy initiative was launched at the United petrol station in North Hobart, where the price sat at 138.9 cents per litre this morning.

According to GasBuddy, petrol prices in the 7000 postcode area today ranged from 138.9 to 149.5 cents per litre.

Prices were lower in Launceston, ranging from 136.7 to 141.9 cents per litre. In West Launceston the retail price was 144.9 cents per litre.

On the North-West Coast, prices varied from 133.9 cents per litre in Ulverstone, 137.9 cents per litre in Burnie and 140.7 cents per litre in Devonport.

RACT executive general manager membership and community Stacey Pennicott said consumers would be able to make informed purchasing decisions and also reward retailers that discount prices promoting greater price competition.

“Motorists can plan their trips accordingly to locate and purchase cheaper fuel,” Mrs Pennicott said.

GasBuddy country manager Nic Moulis said motorists downloading the free app and submitting or confirming prices would be helping each other save money when buying fuel.

“Since 2000, GasBuddy has been a pioneer in crowdsourced information and has motivated a passionate community of more than 60 million users to find cheap fuel,” he said.

The Tasmanian Government provided a one-off $60,000 grant for GasBuddy to work with the RACT on its fuel pricing app for Tasmania.

Extracted from Daily Telegraph.