Fuel price records smashed in Brisbane

Records had tumbled across the city on Thursday as RACQ revealed Brisbane motorists had been slugged more at the bowser than ever before.

At 167 cents per litre (cents per litre), Brisbane had recorded its highest daily average for regular unleaded petrol (ULP) and prices would continue to rise.

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RACQ spokesperson Lucinda Ross said while global factors played a role, Brisbane motorists were still being ripped off more than drivers in other major capital cities.

“Global oil prices and the low dollar are driving the high prices, but fuel companies in Brisbane are still enjoying the highest indicative retail margins of the large Australian capital cities, and there’s simply no good reason for it,” Ms Ross said.

“If you see ULP for 155cpl or lower, don’t drive past it – fill up because these prices won’t last.

“We’ve hit the expensive phase of the price cycle and unfortunately we’re expecting that daily average to continue to climb a few more cents in the coming days. It’ll then be a few weeks before we see that price fall again so drivers will need to top up the tank, rather than fill up.”

To find the best fuel prices in your area visit the RACQ’s Fair Fuel website.