Why you can now fill up your car for less

TOOWOOMBA motorists are reaping benefits at the bowser, with cheaper fuel more frequently available in the south-east since the introduction of real time petrol price reporting, according to RACQ.

The state government's two-year transparent petrol pricing trial began last December after lobbying from the state's peak motoring body in an effort to drive down costs.

RACQ spokeswoman Renee Smith said there had been a shift in the way the petrol price cycle works in the south east since the trial began, with more than 35 cheap days per quarter in 2019, compared to 26 in 2018.

"Drivers are now getting good deals, more often. While prices still go from cheap to expensive and then back again as part of the cycle, we're now seeing longer cheap periods, with a shorter expensive and discounting phase," Ms Smith said.

"Prices continue to jump by as much as 30 cents per litre during a price hike, but now we're seeing the cheap phase blow out to as long as 10 days, compared to six or seven days last year. This gives drivers more opportunities to fill up while prices remain low."

RACQ has quoted Toowoomba's fair fuel price as 143.7 cents per litre today, with many petrol stations costing around 141 - 143 cpl to fill up. It said that this average price of petrol in the garden city was good and road users should fill up.

Toowoomba's fuel price comes in slightly above the average for Brisbane (136.9cpl) and the Gold Coast (134.9cpl), which have suffered high prices in the previous months.

This value is also higher than the September average for Toowoomba, which sat at 138.8cpl. RACQ said a drone attack on an Saudi oilfield had caused a spike in prices in late September, but these would stabilise this month.

The cheapest fuel today can be found at BP Newtown (140.3cpl for unleaded 91), Pacific Fuels Drayton (151cpl, unleaded 95), BP Drayton (159.3cpl, unleaded 98) and United South Toowoomba (145.7cpl, diesel).


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