Prepare your wallet for a petrol pump pounding next fill up
BAD NEWS people.
The bowser wowsers are over.
Yep. The fuel fire sale is finished and petrol prices are pushing back up again.
But fear not, the sub-$1 days are expected to return in the near future.
That's the word on the street (pun intended) from those in the know when it comes to what we splash into our tanks.
RACQ executive general manager of advocacy Paul Turner said fuel prices had turned in the south-east yesterday, having hit rock bottom and working their way north again, with jumps of 20 cents per litre seen at service stations throughout Brisbane and the Sunshine Coast.
It was inconceivable a few years ago that a rattle through your silver coin compartment could secure a litre of fuel, but that's exactly what Coast drivers were enjoying over the past few days.
Was it mere coincidence that the dirt-cheap prices came through just as the State Government's Fuel Price Summit kicked off?
When do you fill up?
This poll ended on 07 March 2016.
When the last coughs of fumes escape my tank and I'm pushing the car into the servo
Whenever I see it cheap, no matter how much I have in the tank
As soon as the fuel light comes on it's straight to the nearest servo
This is not a scientific poll. The results reflect only the opinions of those who chose to participate.
Mr Turner suggested, tongue-in-cheek, that prices may have climbed earlier if not for the Summit, before pointing out it appeared to be part of the regular cycle, echoed by Motor Mouth spokeswoman Claire Onraet.
"It highlights we've benefited a lot over the last couple of months from very competitive prices," Mr Turner said.
Ms Onraet said the combination of a glut of crude oil on the market and the low exchange rate should see the below-$1 prices of the bottom of the fuel cycle replicated in future.
So the famed, fickle fuel cycle has turned on us once again.
But what of the old tales? Never fill up on a weekend. Mid-week before they refill the tanks?
Well Mr Turner reckons the days of regular, predictable discounted fuel are gone; the best bet is to fill up whenever you see cheap prices regardless of how much you have left in your tank as opposed to waiting until your fuel light flicks on.
He said the RACQ were also currently lobbying for changes to fuel price displays at service stations, requesting the discounted prices not be displayed to avoid confusion for motorists.
Mr Turner said work was also underway to develop real-time fuel pricing information for drivers so they can continue to get the best value for dollar and continue to encourage greater competition amongst suppliers.
Meanwhile readers of the Daily were lamenting the jump in prices on our Facebook page.
Some reported there were still bargains to be had early, by mid-afternoon prices had jumped to between 113-123 cents per litre.