Petrol costs grow 10c/l in a year

IPSWICH motorists forked out 10 cents a litre more for petrol in 2010 than they did in 2009, the RACQ's Annual Fuel Price Report shows.

The average price for unleaded fuel last year was 128 cents per litre - one cent per litre above the state average.

RACQ public policy executive manager Michael Roth said world oil prices were to blame for the general price increase but that consumers could influence what retailers add on by shopping around.

The RACQ's research shows that fuel companies have been enjoying an exceptionally high retail margin on premium unleaded fuel - more than 21 cents per litre on average, compared to 13.87 cents per litre for regular unleaded.



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