Motorists hoping for a Christmas miracle at the bowser have been let down once again, with petrol prices set to soar ahead of the silly season.
The state’s peak motoring body has today issued a warning to motorists on the Gold Coast and in Brisbane, urging them to fill up the tank “immediately” before cheap fuel disappeared.
According to RACQ, petrol prices are expected to peak at an average of between 144 and 148 cents per litre in the days before Christmas.
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“Expensive fuel isn’t on anyone’s Christmas list but as we’re in the hike phase of the cycle now, it’s likely that’s what’ll be in our stockings in the days before 25 December,” Spokesperson Lauren Ritchie said.
“With plenty of Queenslanders taking festive season road trips our advice is to fill up the tank now, because last cheap fuel will disappear fast.
Ms Ritchie said that across south east Queensland, motorists should be aiming to fill up for 110cpl.
On the Gold Coast, a fair fuel price at the moment is 104.9 cents per litre, however more than seven percent of servos have already hiked prices above 145cpl.
“This is why it’s so important motorists don’t delay filling up where they find a good deal, and by doing some homework they can locate the cheapest place to fill the tank,” Ms Ritchie said.
“Some retailers are charging as much as 151.9cpl for ULP, but fuel for less than 110cpl can still be found.
“At this time of year we’d all rather a few extra dollars in our pockets, so jump on apps, like RACQ’s Fair Fuel Finder to make sure you’re not coming across a Grinch at the bowser.
Ms Ritchie said in good news for motorists, unleaded prices could start to drop between Christmas and New Year.
“On your road trip home it might be easier to find a better deal, as the south east should enter the discounting phase after Christmas,” she said.
To check the price of fuel in your area, click here.