RACQ says Bundaberg motorists now paying fair price for fuel

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RACQ says Bundaberg Region motorists are now paying a fair price for fuel after previously being slugged for months.

The RACQ fair fuel price today in Bundaberg is 131.1 cents per litre for unleaded petrol and 12 service stations are selling below the mark.

The cheapest petrol is at Liberty Queens Street, Liberty Targo Street and Freedom Kendell Street at 126.7 cents a litre.

In Brisbane the fair price is 121.9 cents.

RACQ spokesperson Lucinda Ross said the trend had not been observed for some time but was sure to be welcomed by motorists.

“The Fair Fuel Price is calculated by considering the freight costs to get petrol from the terminal gate to the bowser, as well as determining the reasonable retail margins that service stations should be taking,” Ms Ross said.

“Initiatives like this and the Fuel Price Reporting Trial are bringing greater transparency to the industry.

“They’re keeping retailers honest and turning knowledge into power for motorists who now know who to buy from and what price they should be paying.”

Ms Ross said regardless of how fuel trended, motorists needed to make sure they only supported the service stations which offered the lowest prices.

“Always buy from the cheapest retailers as we know this is the key to driving down prices in the long run. You can find these sites by downloading the RACQ Fair Fuel Finder app.”

The current respite from higher prices is making road travel more affordable.

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