Petrol prices continue to bottom out in Echuca-Moama with the average petrol price falling by 10 cents at most service stations since December.RUTH CLAYTON January 24, 2013 4:43am
Echuca petrol prices have remained among the cheapest in regional Victoria after dropping to a 21-month low three weeks ago.
Echuca’s average petrol price last week was 138.3 cents/litre, the cheapest of 30 rural Victorian towns on the Australian Institute of Petroleum’s research website and even cheaper than the 139.9 cents/litre recorded on January 1.
It is also cheaper than the Melbourne average last week, which was 139.6 cents/litre, and the Victorian state average of 140.8 cents/litre.
Petrol fell by 10 cents at most service stations in Echuca-Moama in late December and early January following the opening of a United service station on the Northern Hwy on December 21.
Last week’s average price in Echuca is a far cry from what consumers were forced to pay only two months ago.
Echuca recorded an average petrol price of 150 cents/litre for the week ending December 2 and 152 cents/litre for the week ending November 4.
Independent pricing analyst David Cumming said petrol price margins for Echuca were currently very good.
Mr Cumming said Victoria’s unleaded petrol wholesale price was currently 130 cents/litre and, with delivery costs, margins for Echuca service stations were about 4-5 cents/litre.
‘‘That is unusual for country areas,’’ Mr Cumming said.
‘‘They tend to operate on a much larger margin than that.
‘‘(It’s) better than you would normally expect from that distance from from Melbourne.’’
Mr Cumming said it would appear the new service station had led to greater competition, but it probably would not last in the long-term.
He new service stations had cheap fuel between three and four weeks after opening to let consumers know they were there.
‘‘They’ve created an expectation that they would be cheaper,’’ Mr Cumming said.
The facilitator of a new program to help empower women with a disability to become leaders in the community says it is time to stand up.
The Mulwala Lions had satisfying and hard fought win, in difficult conditions, against last year’s grand finalists at Lonsdale Reserve on Saturday.
The second annual Bonnie and Clyde Rods, Rats and Rides Festival fired up at Tatura Park at the weekend (April 11-12), drawing thousands of petrol heads and rockabilly music lovers to Tatura.
People fled Echuca Magistrates Court house this morning after a wild brawl erupted in the foyer.
Hundreds rose early for Dawn Services across the district on Saturday to commemorate 100 years since the Gallipoli landings.
Kyabram and District Sportstar of the Year nominations finalised
Three local clubs get together at Kings Park.
Tributes flow for Finley's inspiring mother, friend and farming advocate Jennifer Hawkins
Heathcote police are appealing for information after a woman was injured in a hit-and-run incident on Anzac Day.
A new book, Men from the River Bends, honours Cobram-Barooga and district soldiers who paid the ultimate sacrifice after enlisting in World War 1.
The Deniliquin Domestic Violence Liaison Committee hosted a community lunch at the ‘Rocket Park’ on Thursday to celebrate the launch of its new banner.
Widespread rain late last week and on Saturday put a smile on the faces of farmers preparing to sow crops or waiting for weeds to emerge on early-sown rye-grass.
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