Motorists ripped off at bowser
A NEW report has revealed motorists have been ripped off to the tune of 14 cents a litre for fuel in Cairns.
The RACQ’s October Fuel Price Report showed fuel companies reaped retail margins as high as 14.4 cents per litre in many northern towns and cities while drivers battled record-breaking prices.
“We’ve seen some of the highest fuel prices ever recorded in Queensland, but that doesn’t excuse the blatant ripoff occurring in parts of the region,” RACQ spokeswoman Lucinda Ross said.
“Our data shows retailers in Cairns and Mareeba raked in indicative retail margins as high as 14cpl, up by between 56cpl on the previous month, which is so frustrating considering drivers are already copping record high prices.”
Ms Ross said the global oil price had been a major factor in pushing up the local price, but in recent weeks it had fallen, so RACQ expected to see retailers pass on savings to drivers.
“In the last month, the oil price has dropped by 18 per cent, and that equates to a fall of about 14cpl in the wholesale price. Frustratingly, instead of passing those savings on, servos continue to rort motorists.”