Prices at the bowser stay up
TOOWOOMBA motorists were yesterday paying up to 10 cents a litre less for unleaded fuel than their Warwick counterparts, as observed by Member for Southern Downs Lawrence Springborg.
Mr Springborg, who was in Toowoomba yesterday for the funeral of his predecessor as MP Peter McKechnie, did his own “fuel watch” and said the general price for ULP was around the 133c and 134c mark, with the cheapest discounted juice down to 129c.
In Warwick however, it would appear that global news of a dramatic fall in the Singapore benchmark fuel price – which led to a nine-cent reduction of the national wholesale price on May 6 – has not reached the ears of those who set the retail price at our local service stations.
Mr Springborg said it seemed like the fuel companies used the same method to price fuel as the State Government used to work out land valuations, as in “throwing some wood ash over the shoulder and consulting tea leaves and chicken entrails”.
“It just beggars belief that it hasn’t come down in Warwick yet, which is less than an hour from Toowoomba and yet we’re talking a $7 difference in a 70-litre tank, which a lot of people have,” Mr Springborg.
“Fuel was cheaper at Inglewood (on Thursday) and that’s an hour west. We really need to get some local competition happening, the fuel companies work on zones which bear very little if any relation to reality.”
As the sun went down on day three of the Daily News “Fuel Watch”, there was still no sign of any of the local price-boards being altered, despite our Brisbane cousins along with Toowoomba enjoying cheaper fuel thanks to the Singapore drop.
Yesterday the average price of ULP in Brisbane was 136.3c and the lowest 133.9c.
Check out national fuel prices at www.motormouth.com.au