Geelong drivers have been warned to brace for a fuel price hike set to hit the region ahead of the Labour Day long weekend.

The average price in Geelong on Wednesday was under 125 cents a litre and was found as high as 138.9, according to the RACV online fuel watch tool.

But there were significant pricing differences around the city and region.

Some outlets, including in Armstrong Creek and around Belmont, had some of the cheapest unleaded with prices between 118 and 123 cents a litre.

Fuel was most expensive around the Bellarine Peninsula and Surf Coast, with unleaded going for between 128 and 133 cents a litre in towns including Drysdale, Ocean Grove and Torquay.

RACV spokesman Nicholas Platt urged motorists to top up now as it was “highly likely” that there will be some price rises in Geelong before or during the long weekend.

“Melbourne prices are currently averaging 152.9 cents per litre with the most common price being 163.9 cents per litre,” Mr Platt said.

“Typically a large jump in Melbourne price or a jump in wholesale price would send Geelong prices up.

“Both of these factors are present and we would expect Geelong to follow a similar trend to Melbourne with a slightly lower peak.”

Mr Platt said while the exact price Geelong will rise to is hard to determine at this point, it was likely to be below the current Melbourne average of 152.9 cents per litre.

“Geelong still has a large number of retailers selling fuel for less than 124 cents per litre,” he said.

“Now would be an excellent time to fill up in advance of the long weekend.

“For those commuting to Melbourne, there is also cheap fuel to be had on the Western approaches to the city.”

Extracted in full from: https://www.geelongadvertiser.com.au/news/geelong/geelong-fuel-prices-could-reach-up-to-152-cents-a-litre-for-labour-day-long-weekend/news-story/c61e3b194bdaa0c52140a50aecbf32f3

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