Friday 2 October 2009: Motorists are being encouraged to report regular unleaded prices above $1.30 per litre in Sydney this long weekend on NRMA’s RoadTube website – www.roadtube.com.au.
The NRMA has undertaken its daily analysis of the Singapore Mogas price (Australia’s international benchmark for fuel prices) and movements in the Australian dollar and found that average prices in Sydney today should be $1.25 per litre.
Prices should begin to fall over the weekend in line with the weekly price cycle.
NRMA Motoring & Services President Wendy Machin said while it was expected that some service stations will sell petrol above the average price of $1.25, prices in excess of $1.30, or five cents above the average price, would be too high.
“Thanks to NRMA’s RoadTube website motorists across NSW can help the NRMA keep oil companies honest every day of the week,” Ms Machin said.
“Motorists can upload videos or post blogs on RoadTube identifying areas where petrol prices are too high.
“Friday is the most expensive day of the week so we should see prices start to fall over the weekend when families are returning home from the break.”
Ms Machin said if the average price of petrol exceeded $1.25 cents per litre the NRMA would write to the Patrol Commissioner and include blog comments and videos uploaded on RoadTube by the public over the weekend.
“This Wednesday the average price of unleaded petrol in Sydney was 113.8 – the lowest in three months,” Ms Machin said.
“Falls in the price of Singapore Mogas and a strong Australian dollar are forcing prices down and these savings are being passed on to motorists.
“We expect the oil companies to do the right thing this long weekend, however if an unwarranted long weekend price hike is forced on motorists the NRMA will respond – and we are calling on all motorists to help us.”
The NRMA is also reminding the public not to use their phone while driving.
Contact: Peter Khoury 0439 133 115