Eight year fuel records tumble in parts of regional Qld

The Club’s latest Fuel Price Report showed the average monthly cost of unleaded in regional Queensland jumped by almost 9 cents per litre (cpl) in October to 158.8cpl.

RACQ spokesperson Kate Leonard-Jones said while regional Queenslanders were not facing prices quite as high as drivers in the south east, monthly average prices had soared.

“In Charters Towers, Longreach and Tully, the monthly averages reached record highs of 162.5cpl, 170.2cpl and 160.7cpl – surpassing the previous records set in early 2014,” Ms Leonard-Jones said.

“Toowoomba also hit a new monthly record of 163.9cpl – beating its previous record set in October 2018.”

Ms Leonard-Jones said several regional areas had also smashed daily average price records.

“In recent weeks, we’ve also seen 16 locations across regional Queensland hit record daily highs – including Townsville, Cairns and Gladstone,” she said.

“We’re expecting those prices will keep climbing and records will continue to be surpassed in the coming days.”

Ms Leonard-Jones said it was global factors responsible for the recent increases to what motorists were charged at the bowser.

“Ongoing issues with international supply and demand have continued to drive up oil prices and led to high terminal gate prices,” she said.

“While we expect oil prices will start to stabilise in the coming weeks, unfortunately it’s unlikely Queenslanders will get much reprieve at the bowser in the lead up to Christmas. 

“So, no matter where you live or where you’re travelling to, using apps like RACQ's Fair Fuel Finder is the best way to track down the cheapest deals and help ensure you’re not paying more than you should for petrol.”