Australia Petrol prices

2022 - 3 - 9

Post cover — Image courtesy of "NEWS.com.au"

'Brace yourself': Petrol prices set to soar (NEWS.com.au)

Australian motorists are being warned to brace themselves for soaring petrol prices as the government rules out taking any action to reduce costs.

Australian motorists are being warned to brace themselves for soaring petrol prices as the government rules out taking any action to reduce costs. “The excise is used to fund road spending … And we want to keep that road building going on. Aussie motorists are being warned to brace for petrol price pain as the government rules out taking action on soaring costs.

Russia's war fuels fears of $2.50 petrol prices in Australia (The Sydney Morning Herald)

The US and UK are ramping up sanctions on Russia's energy exports and the global energy crunch has set Australian petrol prices spiralling upwards.

“Once the road system gets congested even just one more car makes a big difference,” Ms Terrill said. The announcement represents a departure from Biden’s foreign policy strategy: for the US to sanction Putin in complete lockstep with its NATO allies. The price of petrol is adding to cost-of-living pressures on Australians just weeks out from the federal election, with inflation rising at the fastest rate in years. Since Putin began his military buildup on Ukrainian borders … the price of gas at the pump in America has gone up 75 US cents ($1.03), and with this action is going to go up further.” “We can take this step when others cannot,” Biden said of his decision. “I wouldn’t be surprised if they got to $2.50,” Dr Bethune said.

Higher fuel prices to drive up cost of living in rural, regional Australia (ABC News)

Farmers and transport operators are bracing for even higher fuel prices after US President Joe Biden announced a ban on Russian oil imports overnight.

- Wagga Wagga - Rural - Biofuel - Bendigo - Bega - Ballarat

Expert 'wouldn't be surprised' if Aussie petrol prices hit $2.50 (9News)

A leading Australian energy expert has said he "wouldn't be surprised" if Australian petrol prices hit as h...

Is the cost of petrol forcing you to cut back on other household expenses? "The Australian terminal gate or wholesale price is around $1.78 a litre. There is also a growing global consensus about the need to reach net zero by 2050 and therefore that peak oil demand is imminent and there is no need for further exploration," Mr Bethune wrote. We want to hear from you. "That has all discouraged investment in supply. That has all put pressure on prices.

Fuel prices Australia: Average price of unleaded petrol in Perth ... (The West Australian)

Drivers holding out on the red light will have to run on fumes a little longer with petrol prices to climb even further on Thursday.

“Even filling-up at the bottom of the price cycle is expensive, with average prices sitting at $1.79 on the cheapest day,” Mr Forrest said. According to the WA Treasury Corporation, the price of a barrel of Brent crude oil has surged by around US$30 in the past fortnight to more than US$124. “The price of Brent crude oil has risen by US$30/bbl since Russia invaded Ukraine in late February.” “Oil prices surged to the highest levels since their record highs in mid-2008 on news that the US and, more importantly, its European allies are considering banning imports of Russian oil,” WATC wrote in its daily update. The average price of unleaded in Perth reached 208.9c per litre on Wednesday, obliterating the previous record set just a fortnight ago by more than 20c. Fuel prices Australia: Average price of unleaded petrol in Perth reaches new record 2.12c per litre

EnergyQuest CEO Graeme Bethune explains why the ban on Russian oil has driven Aussie petrol prices higher (The Advertiser)

Why are oil prices surging, how expensive will petrol get and just how dependent on Russian oil are we? Graeme BethuneEnergyQuest CEO. 2 min read. March 10, 2022 - 11:36AM. The Australian Business Network. 0 comments ...

Petrol Prices Have Hit A Record-Breaking $3 Per Litre In Australia ... (BuzzFeed)

"It'll cost me $98 for a full tank, [compared to] peak-COVID, when a full tank was just $40."

What are your thoughts on fuel prices hitting $3 per litre in Australia? Others reported seeing fuel prices as high as $2.44 per litre in other parts of the country. Petrol Prices Have Hit A Record-Breaking $3 Per Litre In Australia And Like, What Is Happening To The World