Issue Date:  -  Saturday, 23 September 2006

Petrol Prices – Start of New Profit Cycle

Tomorrow, Coles Express will increase their petrol prices to 129.9 cents per litre (cpl) at a number of their sites.

This signals the start of a new petrol profit cycle in Perth. Over the last few months, petrol prices in the metropolitan area have been following a two-week cycle.  This means that petrol prices increase over a two to three day period and then slowly decrease over the next week and a half. For most of the year the start of the petrol profit cycle has been occurring fortnightly on a Sunday or Monday.

5 Coles Express service stations will be selling petrol at 129.9 cents per litre. This means that the average price of unleaded petrol (ULP) across Perth is on the way up over the next few days. FuelWatch is encouraging motorists to buy their petrol today or tomorrow while cheaper prices are still available and to check petrol prices and locations before they buy.

The cheapest prices tomorrow start at 111.9 cpl, with approximately half of service station still selling petrol at 113.9 cpl or less.

In the Eastern suburbs tomorrow the cheapest fuel can be purchased from BP Bellevue, BP Morrison Road, BP Maida Vale, Caltex Starshop Swan View, Gull El Caballo Roadhouse, Caltex Woolworths Midvale and Caltex Starshop Stratton ,  for 113.9 cpl.

In the Northern suburbs tomorrow the cheapest fuel can be purchased from Caltex Woolworths Whitfords at 112.3 cpl.

And South of the river tomorrow fuel can be purchased for 111.9 cpl at Caltex Starshop Gosnells South.

Motorists can find the best prices by checking the FuelWatch website at www.fuelwatch.wa.gov.au or by phoning 1300 550 808.