Regions still suffer from higher margins on petrol pricing

THE lowest unleaded petrol prices since the 2011 floods gave south-east Queensland motorists some long overdue fuel price relief last month, while motorists in major regional centres paid up to 18 cents per litre more.

RACQ's latest monthly fuel price report reveals a substantial drop in retail margins in the south-east brought ULP prices down, while across the regions retail margins remained high, forcing motorists to pay 11cpl on average more than their south-east Queensland counterparts.

In Gladstone, the average price of ULP was 145.6, down 3.3 cents from the previous month, with a retail margin of 10.5cpl, compred to a margin of 4.8cpl in Brisbane.

RACQ's Joe Fitzgerald said motorists could fairly and squarely place the blame for the price disparity on the fuel retailers.

"Regional Queenslanders were slightly better off in May than in April, with retailers lowering their margins by about two cents, but margins were still too high, buoying ULP prices up," Mr Fitzgerald said.

"Far North Queenslanders fared the worst, with ULP prices up to 18cpl higher than in Brisbane, which averaged 136.7cpl last month."

Mr Fitzgerald said the drop in south-east Queensland's prices was due to an extended period of unusually low retail margins, in addition to the timing of the fuel price cycles.

"The cheapest day in Brisbane was May 13, when the average price of ULP fell to 127.8cpl - the lowest price in 28 months.

"The last time we saw ULP prices this cheap was during the January 2011 floods.

"The Sunshine Coast which - unlike the majority of regional Queensland - operates on the same fuel price cycle as Brisbane was the cheapest place to buy ULP in May, averaging 134cpl.

"The only other centres to sell cheaper ULP than Brisbane were the Gold Coast (135.4cpl) and Warwick (136.4cpl)."

Topics:  gladstone motoring petrol price racq

UPDATE 3.40PM: Missing boy reunited with family

Police seek assistance to find boy

'Big relief': Emergency service boost with $150K fire station

START YOUR ENGINES: First officers Danny Devers, Errol Noye, Jason Polzin, Judy Ferrari, Colleen Yarrow, David Kretschmer, Jeremey Banks and Ron Barker from around the region hold up their keys to eight new Yellow Rural Fire Trucks.

"We've got it now and we won't give it up”

Santos sales boost softens blow of slumping oil price

CLAWING BACK: Santos reports a strong third quarter position off the back of bigger sales out of GLNG.

Revenue from LNG sales was $US227 million.

Local Partners

Shannen Doherty reveals fear of dying in post on chemo

Actor Shannen Doherty shared this image of her lying in a hospital bed after a chemotherapy session.

Actor has been fighting cancer since 2015

Eddie Redmayne's stage fright on latest Harry Potter film

Actor Eddie Redmayne stars in Fantastic Beasts and Where to Find Them.

Actor felt like kid again when he got to film with a wand

Salma Hayek: 'Trump planted story because I turned him down'

Actor Salma Hayek is the latest woman who says U.S presidential nominee Donald Trump acted inappropriately.

Salma Hayek latest woman to accuse Trump of misconduct

Brisbane snake catcher shows who's the Boss

Brisbane snake catcher Julia Baker returns in season two of Snake Boss.

Hit show Snake Boss is back for another season

The Summer that Melted Everything

See what happens when you invite the devil to town

Leonardo DiCaprio nearly drowned while filming

Actor Leonardo DiCaprio

Oscar winner almost drowned in Galapagos

Hit songwriter's Noosa mansion on market

SPECIAL PLACE: The Cintamani estate is going to tender, marketed by Tom Offermann Real Estate.

Is this Queensland's best property?

Kiwi siblings snap up Dotcom mansion for $32.5m

The new toy company owners of the Coatesville mansion want replace any controversy with positivity and fun. Photo / Barfoot and Thompson

The trio paid $32.5 million for the property in June

Push to sell homes that flooded Gladstone's market

Suburban housing in Glenvale, Toowoomba, Friday, October 17, 2014. Photo Kevin Farmer / The Chronicle

URGENT push to cash-up first home buyers investing in Gladstone.

New $200 million development will create 580 jobs

Cassie And Josh with baby Alfie and daughter Andee. They have bought at new Lennox Head development Epiq.

Majority of new positions will be given to Northern Rivers locals

Cherrabah's mega resort plans axed

PLANS for a massive development at Cherrabah have been scrapped.

What our mayor thinks of the new draft SEQPlan

The plan to use the innovative technology as part of the new Maroochydore CBD was cemented on site today when Mayor Mark Jamieson and Envac Asia Region president Chun Yong Ha formally signed the contract for the $20 million underground waste collection system.

New plan accommodates Sunshine Coast Council's vision for growth.