Unleaded Petrol Price Hike

Issue Date: - Tuesday, 16 December 2008

Some metropolitan BP outlets are hiking the price of unleaded petrol (ULP) by up to 12 cents per litre tomorrow, to 108.9cpl, following similar movements at some BP sites today.

The average price of ULP across Perth on Wednesday 17 December will be 98.4cpl, but more than 200 outlets will be selling for less than this price.

FuelWatch is encouraging Perth motorists to buy their petrol today while cheaper prices are still available, and to check prices at FuelWatch before they buy.

Tomorrow’s cheapest ULP is available for:

95.7cpl at United Roleystone in the eastern suburbs;
95.9cpl at four sites in the northern suburbs; and
95.9cpl at five sites in the southern suburbs.

Motorists can find the cheapest prices by checking the FuelWatch website at www.fuelwatch.wa.gov.au or by phoning 1300 55 08 08.

The highest priced BP sites tomorrow, 17 December 2008.

BP 2go Cannington 1443 Albany Hwy CANNINGTON 108.9
*BP Connect West Coast Cnr Scarborough Beach Rd & W'coast Hwy SCARBOROUGH 108.9
BP 2go Bentley 1156 Albany Hwy BENTLEY 108.9
*BP 2go Bellevue 59 Great Eastern Hwy BELLEVUE 108.9
*BP Kewdale Truckstop 549 Abernethy Road KEWDALE 108.9
*BP Connect Riverton 339 High Road RIVERTON 108.9
BP Connect Merriwa Cnr Hester Ave & Ridgewood Boulevard MERRIWA 108.9
BP 2go Wanneroo 599 Wanneroo Rd WANNEROO 108.9
BP Kardinya 88 Gilbertson Road KARDINYA 108.9
*BP Peppermint Grove 533 Stirling Hwy COTTESLOE 108.9
*BP Rosegarden 129 Stirling Highway NEDLANDS 108.9
*BP 2go Morrison Road 226 Morrison Rd MIDVALE 108.9
*BP Applecross 848 Canning Highway APPLECROSS 108.9
*BP Connect South Perth 9 Mends Street SOUTH PERTH 108.9

*Sites with high prices today also

Background notes:

Fuel prices in Perth are primarily influenced by the price of refined petrol in Singapore and the USD/AUD exchange rate, not the day-to-day price of crude oil;
Prices have been falling consistently since 17 October 2008 and are now at February 2005 levels;
The average has been decreasing for 62 consecutive days including tomorrow, or since 17 October 2008, when the average price hit a high of 149.5cpl; and
Today’s average is 98.5cpl. The last time the average was 98.5cpl was 17 February 2005.

ENDS RELEASE

Contact information for media only.