RACQ predicts GC petrol price spike

Gold Coasters are being urged to fill up, with petrol prices expected to soar.

Prices in Brisbane have already tipped over $1.60 per litre, with the spike to trickle down the Coast.

RACQ’s Renee Smith said more than 6o per cent of the service stations on the Gold Coast had hiked their price up.


“Many Gold Coast servos have jacked up their prices, and although a sharp increase is a part of the south east Queensland petrol price cycle, there’s no reason for them to be charging this much,” Ms Smith said.

“At a local level, it’s outrageous to think at 161.9cpl retailers are taking indicative retail margins of 25cpl.”

There has been a slight rise in the global price of oil, but this shouldn’t cause such a large spike.

The Motoring group are urging anyone who spots cheap fuel to fill up immediately.