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Thread: Petrol prices finally tumble

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    Default Petrol prices finally tumble

    Motorists in some states are enjoying long-awaited relief at the bowser, with prices dropping to their lowest in a year.

    In Sydney, fuel is selling for as low as $1.16 per litre at some service stations.

    The lower prices reflected the cut in the world oil price flowing through to local suppliers, an NRMA spokesperson told Seven News.

    They were expected to remain low for some time.

    Price watch website Motormouth also recorded an overnight price drop of about 2 cents in Adelaide, to $1.32.9 per litre.

    Melbourne's petrol prices are the cheapest since October last year, below $1.30 a litre, and regional prices have dropped, with further falls expected over the next week, said David Cumming, a spokesman for motoring group the RACV.

    Victoria's lowest fuel price is at Doncaster East, at $1.28 a litre.

    Geelong, southwest of Melbourne , has the lowest regional price at $1.32 a litre, also its lowest price in a year.

    Other major regional centre prices tracked by the RACV include Ballarat at $1.40, Warrnambool at $1.43, Bendigo at $1.39, Mildura at $1.49, Shepparton at $1.44, Wodonga at $1.43 and Traralgon at $1.46.

    "Tomorrow in Melbourne the average price will be below $1.30 and by next week no country area should be above $1.40," Mr Cumming told AAP.

    Several factors have caused prices to fall, including the price of crude oil coming down and Singapore's oil stockpiles increasing.

    These resulted in a 19 cent reduction in the wholesale price last week, which was now flowing through to bowser prices.

    "It's been too slow," Mr Cumming said.

    "The public feel they've been ripped off over the last few weeks. They've seen crude oil prices come down without bowser prices falling."

    Mr Cumming warned that OPEC was already threatening to restrict oil supply to push prices back up.

    "There's no guarantee these prices will stay."

    Nonetheless, he said, the lower prices should last at least the next two weeks.

    However, Melbourne's usual mid-week cyclical price hike would still occur, pushing prices briefly back up to about $1.38 on Wednesday.

    "Motorists should fill up early this week and they'll be pleasantly surprised."

    In NSW, petrol prices are also falling.

    Sydney's average bowser price for unleaded was $1.32 on Monday, with the cheapest fuel at $1.20 in Sans Souci in the city's south, the NRMA said on its website.

    Pump prices in Blacktown, Fairfield and Prospect in western Sydney went as low as $1.25, but in regional NSW prices rarely dipped below $1.40.\

    Petrol prices finally tumble - Yahoo!7 News
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    Quote Originally Posted by rpurser View Post
    currently $1.22 at the new woolworths at wooloware (next to sharkies)
    dam and here i was thinking 129.9 is cheap (with discount)

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    Just filled up at 137.9 for Ultimate.
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    why the **** did i buy fuel yesterday at 1.38 a litre, oh thats right i was off my chops

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    Quote Originally Posted by Zuicider View Post
    why the **** did i buy fuel yesterday at 1.38 a litre, oh thats right i was off my chops
    LOL, I'm waiting till tomorrow night (Tuesday) will take my VP and fill it up before they throw it back up on Wednesday...

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    Quote Originally Posted by minux View Post
    Just filled up at 137.9 for Ultimate.
    i think its really wrong what been happening in our town (nowra) prices are usually at sydney's price or a tad lower but of late regular hasn't budged off 1.50 for the last months, the day before i payed 1.61 for 98


    i also find it funny that shell's website used to show the price breakdown on petrol at the pump, like how much goes to profit, how much goes buying, shipping etc, i went to look for it a couple of weeks ago and funnily enough its no no longer on the website. any one suspect they dont want to show price gauging?


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    $1.30 for premium this morning at Sumner Park, so pleased I didn't full up yesterday

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    Quote Originally Posted by minux View Post
    Just filled up at 137.9 for Ultimate.



    Hahaha yep, i didn't know about this price drop and went up to BP with the intension of buying a full tank, i was pleasantly surprised. I would have filled up a full tank no matter the price, but hey, it's always nice to save a few bucks here and there!

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    I would love to see it hit the 99.9 cents mark again, would screw up holdens latest fuel cap promotion lol

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    ROFL and that would be karma for dropping the power figures on the Omegas

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    And still we are paying slightly more then we should. But one can't complain it's cheaper then $1.45.

    Hasn't anyone realized yet they can fill up Wednesday morning at Tuesday great price??.
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    Quote Originally Posted by SlickHolden View Post
    And still we are paying slightly more then we should. But one can't complain it's cheaper then $1.45.

    Hasn't anyone realized yet they can fill up Wednesday morning at Tuesday great price??.
    i have, because i get paid on a Wednesday so thats my fill up day
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    Quote Originally Posted by TroyRulz007 View Post
    i have, because i get paid on a Wednesday so thats my fill up day
    Good to see someone else that knows to avoid the large traffic jams on Tuesday.
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    I won't wake up early for nothing, not even cheap fuel. I just make Tuesday night my wash car and fill up night, head out like 10pm and there is NO queues and easy as hehe.

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    fuel is gawler has been 133.9 since monday morning. and still is now.. and apparenly will hit 129.9 by this arfternoon.. which will be good cos i need fuel lol


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    Quote Originally Posted by SlickHolden View Post
    And still we are paying slightly more then we should. But one can't complain it's cheaper then $1.45.

    Hasn't anyone realized yet they can fill up Wednesday morning at Tuesday great price??.
    yeah. i do cos i get paid wednesday morning so that when i fill up lol


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    Originally Posted by hotred View Post
    Will, obviously our checkers game was disrupting the public lol.
    Posted by DVSV8
    we were playing hoon checkers! did you here all V8's screaming every move!

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    Quote Originally Posted by Patrick77 View Post
    yeah. i do cos i get paid wednesday morning so that when i fill up lol
    Same with me. I changed pay days to Wednesday a few years ago to get cheap fuel.
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    Diesel is still $1.60 here....it's on the way down though....
    Can't recall the price of that inferior "unleaded" fuel lol....I think it's on its' way down too...

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