RACT chief advocacy officer Garry Bailey said prices had been tracking up after hitting a low point at the height of the pandemic because of the rise in global oil prices.
“What is important is the margin between the wholesale and retail price remains constant, during the pandemic there was low demand and the margin increased considerably,” he said.
RACT chief advocacy officer Garry Bailey. Picture: Chris Kidd
Mr Bailey said a 12c to 15c range was considered appropriate.
“Shop around, and alert the state government and the ACCC or RACT if you believe the margin is increasing. We can expose it for what it is – price gouging,” he said.
He said Tasmanians had been paying less for fuel than some states in March.
“Tasmanian motorists still don’t reap the benefit of the greater competition in other capital cities where there are weekly fluctuations in the retail price and retailers battle for market share,” he said.
“However, real-time fuel price reporting introduced by the state government and consumer awareness has kept downward pressure on retail prices,” Mr Bailey said.
On Saturday, the cheapest fuel price could be found at Shell in Cambridge who were selling fuel for $1.34.
Closer to Hobart, the best prices on offer were on the Eastern Shore, with United, Caltex, Caltex Woolworths and Coles Express all selling for $1.43 a litre across stores in Bellerive and Howrah.