- Sep 17, 2008
- Reaction score
- Central Coast, NSW
- Members Ride
- 2010 VE SV6
It said the annual fuel bill of families in Sydney's west could skyrocket by up to $2000 a vehicle, if ongoing tension in the Middle East continues to force oil prices up. The NRMA also called on the Federal Government to develop a strategy to deal with Australia's dependence on imported oil, saying motorists are "sitting ducks" when it comes to fuel prices.
NRMA president Wendy Machin said households should be bracing themselves.
"A couple of years ago we would have said $2 was alarmist, but in mid-2008 prices were close to $1.70 and 18 months before it was $1.10, a jump of 60c in that short time.
"At the moment $1.50 is fairly average at the bowser and we have this strong Aussie dollar well on parity or above that.
Full Article at
Family fuel fears as petrol to hit $2 a litre | thetelegraph.com.au