Fuel pump pain for Noosa motorists
Noosa drivers have felt hip pocket pain, with the region named the most expensive spot to fill up in Queensland last month, according to the State’s peak motoring body.
According to RACQ’s October 2019 Fuel Price Report motorists in Noosa paid on average 160.3 cents per litre (cpl) for regular unleaded petrol in October, up 12.5cpl from the previous month.
Club spokesperson Renee Smith said unleaded petrol prices broke an all-time daily average record charging as much as 172.9cpl.
“Not only was Noosa the most expensive area to fill up, it had the highest indicative retail margin in the State at a whopping 22.6cpl,” Ms Smith said.
“While Noosa does have to contend with the highs and lows of the petrol price cycle, seeing such large increases on the average unleaded price is abnormal.
“We suspect it was due to a supply restriction in the Asia-Pacific region a few weeks ago which drove up the Singapore petrol and diesel benchmark prices.
“In good news, it appears it’s now been rectified so we should see prices fall in November.”
Ms Smith said it was a stark reminder for drivers to do their research as cheaper fuel could be close by.
“It takes time and people power to push down prices and we all have control over who we choose to buy from which should always be those offering the best deals,” she said.
“We’ve never had so much technology available to us through price comparison apps, like the RACQ’s Fair Fuel Finder, which allow us to find the cheapest retailers, which might be just down the road.
“Drivers must turn this knowledge into power. By shunning high-priced retailers, fuel companies will be forced to compete for business and lower their prices.”
The Club’s October 2019 Fuel Price Report could be viewed on RACQ’s website.