Tonight I noticed a number of petrol stations raising the price of unleaded petrol to 167.9 or slightly less. This is to be expected as prices have dropped to around the gate price (think wholesale) which is currently 132.6 and a large proportion of petrol stations around Melbourne are under the 130 mark. Prices are again rising around 35 cents which is much more than the 25-30 cents seen over the last couple of years. Perhaps this is the new norm.
It's also now a week after school holidays and many people will be filling up again after filling up at the end of the school holidays. Perhaps it's just coincidence, but prices in the past week have fallen much faster than usual to have the low correspond to this weekend. I'll let you be the judge.
Time again to watch the petrol prices and watch 7 Eleven prices if you're locking in the fuel price using the 7 Eleven fuel app.
Kelvin Eldridge
www.PetrolPricesMelbourne.com.au
It's also now a week after school holidays and many people will be filling up again after filling up at the end of the school holidays. Perhaps it's just coincidence, but prices in the past week have fallen much faster than usual to have the low correspond to this weekend. I'll let you be the judge.
Time again to watch the petrol prices and watch 7 Eleven prices if you're locking in the fuel price using the 7 Eleven fuel app.
Kelvin Eldridge
www.PetrolPricesMelbourne.com.au
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