I don’t understand how fuel is priced.
Last week I took a drive up to Toowoomba and before I left I grabbed some fuel on the Gold Coast at $1.42 for standard unleaded. As I drove towards Brisbane, the price remained fairly similar.
As soon as I got to the western side of the Logan Motorway, less than 100Km from the Gold Coast – the fuel price started to fluctuate by 2-3c per litre.
By the time I made my way into the Gatton area, the fuel price had dropped by a further 2-3c per litre. As I neared the bottom of the range at Toowoomba, the price continued to fall and when returning home I picked up fuel for $1.28 per litre, a whole $0.14 per litre cheaper than I paid on the Gold Coast a few hours earlier.
Now I’d assume that there is a cost to the fuel companies to distribute their fuel around the country. I also assume, though I could be completely wrong, that the fuel processing takes place in or near capital cities. As such, it would see logical to me that the price to distribute a litre of fuel to the Gold Coast would be less than trucking it approximately 200Km west to Toowoomba and climbing over 1000m mountain.
Today I got fuel at a BP service centre, one of the big ones that sits off to the side of a motorway. On a Saturday, surely one of their highest load days of the week – every tank and bowser was conveniently out of unleaded. The difference between 91RON and 95RON, a handy 14c per litre.
Just try and convince me that the oil companies aren’t gouging the Australian public for every dollar.