Newspaper article The Daily Mercury (Mackay, Australia)

Our Fuel Price One of Worst

Newspaper article The Daily Mercury (Mackay, Australia)

Our Fuel Price One of Worst

Article excerpt

Pamela Frost

pamela.frost@dailymercury.com.au

PETROL prices are increasing again and have reached 173.9 cents a litre at Middlemount -- the highest since the Global Financial Crisis, RACQ Advocacy executive general manager Paul Turner said.

It was an "outrageous" price and one of the worst in the state, he said.

Meanwhile, in Mackay prices rose to 150--160cents a litre, close to prices recorded during the GFC.

But Mr Turner said he couldn't understand why prices were so high.

Prices were determined by the international market and the Australian dollar but the reduction in the dollar didn't justify such a spike, he said.

The major supermarket chains were dictating the price to clash with competitors more locally, Mr Turner said.

"Overall, we think the prices are too high," he said.

"What we're seeing in Queensland is about regional competition."

But Middlemount petrol station spokesman Mark McKlaren said the Australian dollar and exchange rate were to blame for the increase, not the stations. …

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