The average gate price (think wholesale) was 136.6 cents per litre. The price hike is in the expected range of 35-40 cents above the average gate price. The lowest prices around Melbourne dropped quite a bit below the 136.6 down to under the 130 mark.
There's still around 60% of petrol stations yet to have increased their petrol prices.
I noticed a number of petrol stations around Bayswater that have prices under the 130 mark and since I'll be going down the Eastern Freeway I'm hoping to be able to lock in a better price using the 7/11 Fuel app. The good thing about the 7/11 Fuel app is you can lock in a better price than your local area whilst travelling and then use that lower price in around a week's time when prices are much higher. In my case I've only used around a quarter of a tank so filling up in a week's time would be a good time for me. The 7/11 prices around Bayswater are better than the local prices around my, area even with the discount vouchers.
Kelvin Eldridge
www.PetrolPricesMelbourne.com.au
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