South East Queensland petrol prices have soared to record-breaking levels, with more increases on the cards as prices get closer to $2 a litre.
outh East Queensland petrol prices have soared to record-breaking levels, with some areas expecting to continue to increase.
Brisbane and the Gold Coast have all had record-breaking daily average petrol prices observed on Wednesday, beating records that were set in October.
The Gold Coast’s average ULP price was now 187.2cpl, up from 179.1cpl, while Brisbane had 186.3cpl.
RACQ spokesperson Renee Smith said 80 per cent of service stations across Greater Brisbane were charging 186cpl or more for ULP.
“A number of global factors are to blame for these staggering highs – with international supply and demand issues driving up oil prices and leading to high terminal gate price,” Ms Smith said.
“On top of this, the south east is in the expensive phase of the petrol price cycle.”
She said this has led motorists to be charged 44cpl more at the pump compared to the same time last year.
prices on the Sunshine Coast were expected to continue to climb into next week.
Ms Smith said it was “unlikely” prices will go this high again ahead of Christmas.
CHEAPEST FUEL IN BRISBANE AS AT 9AM FRIDAY
Enhance Service Station and Tyre Plus Machine, Kelvin Grove – 162.9cpl
Grange Auto Care – 169.7cpl
Shell Kelvin Grove – 169.9cpl
Pacific Petroleum Galloways Hill – 172.9cpl
Bizzells Garage Paddington – 179.9
7-Eleven Newmarket – 183.7cpl
Puma Wilston – 183.7cpl
Coles Express Alderley – 183.9cpl
Puma Albion – 187.7cpl
Woolworths Caltex Bowen Hills
CHEAPEST FUEL ON THE GOLD COAST AS AT 9AM FRIDAY
Metro Petroleum Southport – 157.9cpl
Freedom Fuel Ashmore – 161.9cpl
BP Johnston Street Southport – 167.9cpl
Metro Nerang – 169.9cpl
Metro Miami – 179.9cpl
Caltex Southport – 179.9cpl
Freedom Fuels Southport – 179.9cpl
Woolworths Caltex Robina – 183.9cpl
7-Eleven Robina – 183.9cpl
Caltex Robina – 183.9cpl
Extracted in full from: Southeast Queensland petrol prices to increase, records broken | The Courier Mail