A state-wide increase in petrol prices is bad timing for motorists heading to the weekend's Southern 80 ski race in Echuca-Moama.ASHLEA KUNOWSKI February 8, 2013 4:44am
Motorists across Echuca-Moama will fork out as much as 15 cents per litre more at the bowser this weekend, after wholesale petrol prices increased across the state yesterday.
While fuel prices in Echuca-Moama have remained as low as 138c/litre since the opening of the United service station in December last year — when unleaded prices dropped approximately 10c/litre — motorists will struggle to find unleaded petrol prices below 150c/litre this weekend.
Yesterday morning, prices soared to as much as 155.9 c/litre in a matter of hours, with the lowest price 153.7c/litre.
It comes as thousands make their way to the twin towns for the 2013 Club Marine Southern 80 ski-race.
Independent pricing analyst David Cumming said the timing of the price increase had nothing to do with the annual event.
‘‘It is a coincidence
Mr Cumming said regional areas tended to experience greater prices than their metropolitan counterparts as a result of transport costs.
‘‘There is a 10 to 12 per cent margin in regional areas,’’ he said.
Nevertheless, the cost increase was a surprise, Mr Cumming said.
‘‘It’s bizzare with the strong dollar (that) the wholesale price is going up,’’ he said.
Mr Cumming said supermarkets were so powerful they could dictate prices at the pump and were followed by independent outlets.
He said supermarkets’ eight cent discount shopper-dockets had likely played a role in the price-hike because they needed to compensate for the losses.
‘‘The wholesale pricing system is totally and utterly controlled by the supermarket chains,’’ he said.
He said discount vouchers could negatively impact on regional areas where there was less competition.
‘‘These shopper-dockets manipulate the market, that is not good,’’ he said.
Mr Cumming said it was difficult to estimate how long the higher prices might remain.
‘‘Crude (oil) can go up and down,’’ he said.
‘‘There hasn’t been a consistency in Melbourne or country areas (as) to which days are the dearest.’’
Shepparton Christian College Year 9 student Aimee Stanyer had a personal motivation to start fundraising for Ronald McDonald House.
The under 16 Pigeons kick started the YFNC's finals campaign with a resounding victory over the Paul Spargo led Scots College in the Grand Final of the AWJFL Elwyn Langford Shield at the Albury Sports Ground on Sunday.
Greater Shepparton City Council was successful in securing the National Cutting Horse Association Victorian Futurity Cutting Horse Championships for 2014 and 2015, with this year’s event scheduled from September 10-14 at Tatura Park.
LBU win through to fifth consecutive grand final, Eagles fly into MFL semi while Weeks bags 14 in GVFL
Julie Sands and Sheridan Clark have been kept busy, visiting Rochester recently yo dispense free coats to residents.
Book Week gets colourful turnout.
Deaprtment of Environment and Primary Industries unhappy about Mt Disappointment vandals.
Jerilderie Shire deputy mayor Ruth McRae handed the key over for the new Rural Fire Service station last Friday.
Farmers have a new weapon in the fight against mice.
Cobram supermarket seeks $10 million expansion, increasing by about a third into adjacent car park area.
Public interest to determine Deniliquin Town Hall refurbishment.
Milk co-operative, Murray Goulburn has posted a record financial result, recording an after tax profit of $29 million.
The Benalla Indian Myna Action Group will pay a $1 per bird bounty on live birds delivered to CAL farm. National Party MP Bill Sykes donated $100 to fund the bounty.
Discover unbelievable local deals from local businesses every week in the Goulburn and Murray Valley area with Leapon.com.au!
Search properties for sale or rent across North Central Victoria and Southern NSW. Visit your local website for local homes....
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.