Fuel Prices Sykrocket in Australia
The price of fuel has skyrocketed in Australia. Consumers are currently paying around 108.5cents per litre. While this may be good for the oil companies and fuel stations, it does not do much for the average driver.
Although oil prices are starting to fall, it has not yet reached the pumps.
Oil prices dropped for the sixth session in a row but they are still 25% higher than at the beginning of the year. Strong world wide demand for oil may keep prices up and hold us in check on any long driving journeys in the near future.