Fuel price hike begins: RACQ

The State’s peak motoring body has urged Brisbane drivers to fill the tank now after prices at several retailers skyrocketed by 35 cents per litre (cpl) on Monday.

RACQ spokesperson Renee Smith said by all indications Brisbane retailers have begun a new petrol price high of 165.9cpl.

“It’s a big jump from the latest Brisbane average of 130cpl. Drivers should be filling up this afternoon if possible because once the hike starts, it usually progresses very quickly,” Ms Smith said.

“The good news is there’s still cheaper fuel available, but it won’t last long.”

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Ms Smith said despite Brisbane’s hike, other south east Queensland markets were still keeping prices low.

“While the unleaded markets in Ipswich and the Gold Coast aren’t currently showing any signs of a price hike, this too could change at any time,” she said.

“The average price in Ipswich is 127.6cpl, with similar average prices on the Gold Coast.

“Meanwhile, on the Sunshine Coast fuel is still in the discounting phase with an average of 141.2cpl, so motorists should delay buying for a few more days as prices continue to fall.

“No matter where you live make sure you’re using apps and websites like RACQ’s Fair Fuel Finder to locate the cheapest deals in your area.”