Warwick servos charge highest retail margins in state
SERVICE stations in Warwick are hitting the hip pocket hard by charging the highest indicative retail margins in Queensland in March.
New figures from RACQ revealed Warwick service stations charged an average indicative retail margin of 13.3 cents per litre for unleaded petrol.
It's a far cry from the 3.6 cents per litre charged in Bundaberg.
The location with the second highest indicative retail margin was Biloela with a retail margin of 12.8 cents per litre.
Indicative retail margins are the difference between the average wholesale price the retailer pays for fuel, and the average price the petrol's sold for at the bowser.
Freight cost for shipping fuel from Brisbane is subtracted.
RACQ spokesperson Lucinda Ross said indicative retail margins had been consistently high in Warwick throughout 2017 and 2018, averaging 13 to 14 cents per litre.
Ms Ross said the high margin was caused because other cities dropped their margins, but Warwick service stations had not increased their prices.
"Retailers in other regional centres, like Toowoomba, where prices are lower have proven they're willing to compete more vigorously for business and this is what we'd like to see more of in Warwick,” she said.
Drivers were encouraged to fill up at the cheapest location, which at the moment is the United service station on Helene St with fuel costing 137.5 cents per litre.