News

Petrol cheaper at Ipswich bowsers

Ipswich drivers paid high prices for diesel during November as profit margins rose.
Ipswich drivers paid high prices for diesel during November as profit margins rose. File

PETROL-powered motorists have enjoyed a relatively cheap month at the bowser while diesel drivers copped the brunt of a sharp increase in profit margins from the major retailers, wholesalers and refiners.

RACQ spokesman Michael Roth said south-east Queensland motorists paid "exorbitant" prices for diesel through November, despite a drop in oil prices.

In Ipswich, diesel averaged 150.4 cents per litre - 0.4 cents per litre above the average price in Brisbane for the month and half a cent more expensive than the October average.

But Mr Roth said a more telling figure was the 10-cents-per-litre rise in profit margins on diesel from last year.

Diesel retail margins rose to 12.4cpl in November, a 6.7cpl increase on November last year. Refiners and wholesalers also enjoyed an increase, with their combined margins 3.2cpl higher than in November 2011.

"Total diesel margins have been creeping up steadily since March as fuel companies continue to pocket more at the expense of motorists," Mr Roth said.

"The price of oil and the terminal-gate price both dropped in November so we should have seen a corresponding drop in diesel prices."

Gympie was the cheapest place to buy diesel in Queensland, with an average of 145cpl, making it more than 5cpl lower than Ipswich. While there was no good news for diesel owners, petrol drivers for once enjoyed a comparatively easier time at the bowser.

Petrol prices in Ipswich dropped by nearly 8cpl from October to November, averaging 142.1 for the latter month.

Only the state's capital, which averaged 141.4, and the Sunshine Coast, at 140.8, were cheaper places to buy petrol.

The RACQ reported a 3.9cpl drop in the total margins on unleaded.

Mr Roth urged motorists to shoparound. RACQ's monthly fuel report is at racq.com/fuel.

Topics:  fuel price



Corporal jailed after sexual attack on 'trashed' colleague

FACING DISMISSAL: A member of the Australian Defence Force has been jailed for sexual assault.

Jury finds Australian Defence Force member guilty of sexual assault

City View Hotel: From a pub to a backpackers

NEW LIFE: Hamish Parker has purchsed the City View Hotel and wants to turn it into an accomodation venue.

Architect picks up a little piece of history for a steal

Young woman and taxi driver robbed at knife point

Police suspect the two incidents may be linked

Latest deals and offers

Ipswich people love heritage

'It's a great vote of confidence for a program that was launched in 1992 and has since provided thousands of property owners with heritage conservation'


History comes alive at Back Plains celebration

Ian Mason wrote a book on the history of Back Plains and is launching it at a massive reunion event.

Reliving fascinating and rich history of Back Plains area

Love is in the air on The Bachelor, but not for Kiki

The Bachelor Australia contestant Kirralee 'Kiki' Morris.

BACHELORETTE bows out gracefully as show enters its final weeks.

A $65,000 bathroom? The Block's incredible budget blow-outs

The Block contestants Julia and Sasha spent a whopping $65,000 on their first renovated room.

TEAMS deliver most expensive en-suites in reno show's history.

Your guide to a great night out in Ipswich

Electronic duo Nocturnal Tapes, Lachie Mulligan on electronics and Harry Suttor on guitar and vocals, at their 2015 Dolphin Awards ceremony in Ballina.

Five-day gig guide to the best entertainment in Ipswich

Gympie Muster couch dumps down, but still a problem

TIPPING POINT: After an appalling year of couches being dumped at the end of the last Muster, festival organisers have taken litterbugs to task

EFFORTS to combat post-Muster couch dumping are proving effective

Cryptic crosswords: Top clues to solving them

Your guide to solving the cryptic crosswords in your local paper

How high? Twin 20-storey high-rises plan for "over 50s"

A development application has been lodged with the Fraser Coast Regional Council to build two skyscrapers in Hervey Bay.

Developer says Bay needs to move with the times.

City View Hotel: From a pub to a backpackers

NEW LIFE: Hamish Parker has purchsed the City View Hotel and wants to turn it into an accomodation venue.

Architect picks up a little piece of history for a steal

Pub's run-in with law

OLD LOOK: The City View Hotel in 1914.

Prohibition was an issue Ipswich's police officers took seriously

Selling City View was tough call

Former City View Hotel part-owner Wayne Patch.

Over the years there have been numerous proposals for the building

Bunnings starts demolition of historic foundry buildings

SAWTOOTH GONE: Demolition of Foundry sawtooth shed to make way for new Bunnings building.

Lane and footpath closures will take place

Australia's most expensive balcony and it hasn't been built

Viridian Noosa.

How Noosa millionares' squabble could affect body corporates