BNE the dearest major capital city for fuel in 2018

A new report by the State’s peak motoring body has revealed Brisbane drivers were slugged more for fuel than those in the other major Australian capital cities in 2018.

RACQ released its Annual Fuel Price Report Summary which found Brisbane’s unleaded petrol (ULP) average was 143.9 cents per litre (cpl) in 2018 – 3.6cpl, 2.7cpl, 1.2cpl and 1cpl more expensive than the averages recorded in Adelaide, Sydney, Melbourne and Perth, respectively.

RACQ spokesperson Lucinda Ross said in 2018, Brisbane motorists had been charged almost 14cpl more for fuel than they had been in 2017.

“We saw Brisbane ULP prices soar last year, and that’s largely attributed to an increase in the global price of oil, but there’s simply no good reason for drivers here to be paying more for fuel than those in the other major capital cities,” Ms Ross said.

“Unfortunately, in October, we also saw the highest ever price recorded in the River City of 169cpl.

“Diesel drivers in Brisbane also felt the hip pocket pain, with an average of 150.2cpl, a whopping 20.6cpl higher than in 2017. Diesel prices hit the highest daily average recorded in 10 years in October at 165.9cpl.”

Ms Ross said October saw ULP price records tumble across the State as 25 of the 30 regional centres monitored by RACQ reached eye-watering highs.

“At 155.9cpl, folks in Mt Isa copped the highest ULP prices in the State last year,” she said.

“There is some good news for drivers in the south-west town of Miles though – they enjoyed the cheapest prices in Queensland, with an average of 141.6cpl.”

Ms Ross said motorists should shop around and use apps like RACQ’s Fair Fuel Finder, to ensure they only filled up at service stations which sold fuel at the lowest price in their area.

Currently Brisbane’s petrol market had reached the cheap phase of the price cycle with an average of 111.5cpl.

RACQ’s Annual Fuel Price Report Summary could be viewed here.