News

High price of fuel in Gladstone set to get worse

GLADSTONE motorists will pay more for their petrol after November 10 with a new Federal Government petrol tax set to increase already high local prices.

Renee Smith from the RACQ said, locally, residents were paying an average price of 152.6 cents for ULP, and that was too much.

"Petrol prices are already high and the tax is going to make that worse," she said.

>> Family turns to bikes to beat fuel hike

Under the new legislation, the 0.05 cent per litre tax will be passed onto consumers, and Ms Smith explained, that would increase every six months.

"Fuel is a major cost-of-living burden for Aussie families," she said.

"Next to groceries it's one of our biggest weekly bills.

"For the government to say this increase will be a minor inconvenience for motorists shows a lack of understanding."

Yesterday, ULP prices in Gladstone ranged from 141.9c to 154.9c but the RACQ "fair price" was only 142.8c per litre.

Ms Smith said a lack of competition in the area caused price hikes and people needed to support the petrol stations that offered low prices to keep petrol affordable.

"To reduce fuel costs we have to support independent stations that offer cheaper petrol, and we have to oppose this new tax that will only make prices higher," she said.

Friday's Fuel Prices

  • RACQ Fair Fuel price: 142.8
  • BP Boyne Island 141.9
  • Choice Biloela 142.9
  • BP Calliope 149.4
  • Mt Larcom Travellers Rest 150.9
  • United French St 151.7
  • Choice Sun Valley 151.9
  • Caltex Auckland St 154.

Note: This story was edited on November 3 to correct an error with the fuel tax increase. The increase is 0.05 cents per litre, not 0.5 as originally stated.

Topics:  fuel fuel price gladstone petrol racq



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