Fuelling petrol price battle

Published 8:48am 22 December 2020

Fuelling petrol price battle
Words by Nick Crockford

A petrol price war has broken out on the Redcliffe peninsula between Metro and Liberty servos just 2.6kms apart.

The Metro service station, on Elizabeth Ave, Clontarf and the Liberty servo on Oxley Ave, Margate are currently around 50 cents cheaper than many others in the region.

Metro has E10 for 94.9 cents per litre, while a few metres beyond the end of Duffield Road, Liberty is selling it for 95.9 centre a litre.

Under a dollar

The new Liberty service station has 91 Unleaded (U91) for 99.9 cents a litre, while Metro is selling it for 98.9 cents per litre.

The closest prices, at the time of publication, are Costo in North Lakes, where members can fill up E10 at 93 cents and Red Dog and Freedom Fuels on Anzac Ave, Kallangur which have U91 for $1.39.9 and $1.37.9 respectively.

The two Liberty fuel stations on Deception Bay Road both have U91 at $1.29.7 per litre, otherwise all others have U91 for around $1.50 per litre.

Fill up now

“We welcome this competition in the Redcliffe area, as is helps keep prices lower for motorists,” says RACQ spokesperson Vivien O’Connor.

“Typically, the length of the expensive phase of the price cycle is determined by how quickly competing petrol outlets opt to discount to attract more customers, so more competition ensures motorists are getting the best prices.

“This is also one of the reasons we have supported mandatory fuel price reporting, which has been effective in delivering cheaper prices in Queensland.”

Given that most of south east Queensland is currently in the expensive phase of the price cycle, these prices may not last for much longer.

“Motorists should take advantage of the cheap fuel and fill up while these two outlets continue to offer such a great deal at the bowser,” says the RACQ spokesperson.

“Unfortunately for motorists it looks like the expensive phase of the cycle may be slightly extended, relative to the normal length, as outlets try to offset lower levels of fuel sales over the holidays with higher per-litre prices.”

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