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by | May 26, 2022 | Community, Social

Petrol prices starting to soar again

Motorists across Logan and the Scenic Rim are beginning to suffer more pain at the pump as petrol prices climb to levels not seen since March.

Although the Australian Labor Party campaigned extensively on cost of living matters, Federal Treasurer and Rankin M.P. Jim Chalmers warns that further relief can’t be guaranteed when the fuel excise cut expires in September.

Data from the Australian Institute of Petroleum shows petrol prices across Australia are approaching the heights reached before the Coalition government’s excise cut.

Queensland is one of the states worst hit by the price increase with an average price across the state of 202.4 cents a litre.

RACQ spokesperson Lauren Cooney says that without the cuts to the fuel excise the prices will be nudging  220 cents a litre.

She also recommends that motorists should shop around for the best fuel prices, as ongoing volatility overseas is likely to continue affecting local fuel prices.

Currently the cheapest fuel in Logan can be found in Greenbank, where the Woolworths Ampol and 7-Eleven service stations are each charging 203.9 cents per litre of unleaded.

Prices in Beaudesert are slightly lower than other regions, with the Ampol and Liberty petrol stations both advertising a price of 193.9 cents per litre.

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