The inaugural state versus state petrol analysis for 2014 conducted by the National Roads & Motorists’ Association and RACQ has revealed that NSW had the cheapest petrol price for the year, with a low of 127.9 cents per litre for regular unleaded fuel recorded in Sydney.
In true State of Origin fashion, the contest was extremely tight, with Queensland’s cheapest price for the year recorded at 128.9 cents per litre in Brisbane.
The average price in NSW for regular unleaded fuel for the period from 1 January 2014 to 16 November 2014 was 147.7 cents per litre. By contrast, QLD’s average was 151.6 cents per litre. Alarmingly, Queensland’s highest average price of 165.5 cents per litre broke the record, exceeding the previous record in 2008.
The NRMA and RACQ have conducted the state versus state analysis for the first time to highlight the discrepancies in petrol prices across states. As families prepare to travel for the summer holidays, it is hoped the data will add insight into petrol price movements and give information to motorists before filling up.
The state versus state analysis found:
- The cheapest centre in QLD for average prices was the Sunshine Coast 149.3 cents per litre
- The cheapest centre in NSW was Sydney: 148.1 cents per litre
- The most expensive centre in QLD was Weipa: 178.8 cents per litre
- The most expensive in NSW was Tumut: 164.2 cents per litre
NRMA President Kyle Loades said the NRMA/RACQ analysis would hopefully shed some light on petrol prices in the two states.
“This is the first time our two clubs have conducted this sort of research and it is about helping to give our Members in both states more information about their local petrol prices,” Mr Loades said.
“NSW had to wait nine years to reclaim the State of Origin, however with more independents south of the border we are not surprised that NSW petrol prices are slightly lower. Regardless of which state you live in, the presence of independents means more competition and lower prices.”
RACQ spokesperson Renee Smith said fluctuating petrol prices in both states meant it was more important than ever for motorists to shop around.
“Support those service stations keeping their prices down, and if you live in Sydney or Brisbane where what you pay is impacted by the petrol price cycle, purchase at the bottom of the cycle when fuel is cheapest,” Ms Smith said.
“While NSW may’ve taken out the battle at the bowser this year, we hope strong competition in parts of QLD such as the Sunshine Coast gets us over the line in 2015.”