Record high petrol prices hit Wide Bay

RACQ has revealed petrol price records have tumbled across parts of the Wide Bay this week, including Maryborough and Gympie.
petrol pump woman
The average price of unleaded in Maryborough yesterday hit 160.3 cents per litre (cpl), surpassing the previous record set in July 2008, while Gympie fuel prices reached 161.7cpl, above the October 2018 record.

RACQ spokesperson Kate Leonard-Jones said global factors were behind the unprecedented prices.

“As countries open up from COVID-19 restrictions, international supply and demand issues have driven up oil prices leading to high terminal gate prices,” Ms Leonard-Jones said.

“Prices in Hervey Bay are yet to reach their record of 163.1cpl, with averages for unleaded still three cents shy.

“These record high prices will come as a shock to families in Maryborough and Gympie, who were paying around 50cpl less this time last year.

“However, regional Queensland hasn’t been impacted as severely as the south east, where Brisbane broke its record high when average unleaded prices tipped 178.7cpl.”

Ms Leonard-Jones said prices in regional centres across Queensland had jumped between 2cpl and 5cpl in the past week.

“Prices could continue to rise further but should then begin to stabilise over the next week or two. However, we’re unlikely to see prices fall by any significant amount in the lead up to Christmas,” she said.

“No matter where in Queensland you live, make sure you use apps like RACQ’s Fair Fuel Finder to track down the service stations near you with the best deals.”

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The information in this article has been prepared for general information purposes only and is not intended as legal advice or specific advice to any particular person. Any advice contained in the document is general advice, not intended as legal advice or professional advice and does not take into account any person’s particular circumstances. Before acting on anything based on this advice you should consider its appropriateness to you, having regard to your objectives and needs.