Cheap fuel for regional Queensland in 2020

Drivers in most regional Queensland centres paid less at the pump in 2020 than those in the south east, as RACQ’s Annual Fuel Price Report revealed it was a tumultuous year in fuel.

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RACQ spokesperson Vivien O’Connor said global tensions and the impacts of the pandemic lead to some of the cheapest fuel in Queensland with prices dropping by 40 cents per litre (cpl) in most regional centres in the first six months of the year.

“In April and May, motorists were left rubbing their eyes with the return of fuel for less than $1 - the cheapest we’ve seen in 11 years,” Ms O’Connor said.  

“The retail price plummeted because of a collapse in the oil price in the first half of 2020, due to the huge reduction in demand as the world went into lockdown to slow the spread of COVID-19.

“At the same time, disagreement in the Organisation of the Petroleum Exporting Countries led to the collapse of their oil production cut deal, and a price war between Saudi Arabia and Russia.”

Ms O’Connor said Miles reaped the most benefit as the cheapest place to buy unleaded petrol (ULP) in the State, with an annual average price of 112.3cpl.

“Miles has taken this title out since 2017, so it’s no surprise to see the regional town finish on top once again. Bundaberg was the second cheapest centre at 113.1cpl, followed by Whitsunday/Proserpine at 114.4cpl,” she said.

“It took a little longer for savings to flow through to the bowser in regional Queensland, but it was worth the wait with many towns enjoying cheaper annual averages than in Brisbane, including Maryborough, Hervey Bay, Cairns, Townsville, Rockhampton, Mackay and Dalby.

“Sadly, not every regional driver enjoyed cheap fuel with Mount Isa listed as the most expensive place we monitored in the State, with an average price of 146.8cpl for ULP, only 6.9 cpl cheaper than 2019.”

Ms O’Connor reminded regional motorists to hunt down the best deals on offer in 2021 by using apps and websites to shop around.

“It’s difficult to predict where prices will go this year, but we aren’t expecting any significant changes in what regional drivers will be paying in the near future,” she said.

“That’s why it’s so important to use apps like RACQ’s Fair Fuel Finder to make sure you’re getting a good price at the bowser.”

Average ULP prices in regional Queensland:

 

2020

Bundaberg

113.1cpl

Cairns

123.9cpl

Dalby

124.7cpl

Gladstone

114.7cpl

Hervey Bay

120.9cpl

Mackay

123.6cpl

Maryborough

115.4cpl

Miles

112.3cpl

Mount Isa

146.8cpl

Rockhampton

121.6cpl

Toowoomba

125.6cpl

Townsville

120.5cpl

Warwick

122.8cpl

Whitsunday/Proserpine

114.4cpl

Yeppoon

124.8cpl