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.’’
The Country Fire Authority attended a Goulburn Valley Hwy furniture shop early this morning.
The Tungamah Football Netball Club has completed a fairytale season to clinch the Picola and District Football Netball League South East Premiership with an emphatic 106 point win over the Katamatite Tigers at Tungamah.
Billed as ‘Fabulous Flowers and Fine Food’, Tatura’s Anglican Church Parish had a successful fundraiser on Thursday, September 4.
Moama Bowling Club's Michael Walker has been chosen for the 2014 Australian Premier League team.
David and Katrina Christie’s Nanneella dairy farm is now home to one of the biggest sheds in the district, a 160m by 37m monster.
Don’t write Ky off yet, says coach ahead of preliminary final
Seymour event packs out St Mary's College on Saturday night.
Star Tocumwal defender took her club's A grade best and fairest award last weekend, adding to her 2014 PDNL medal.
Mia Mia Cricket Club is about to field its first cricket team since 2001
Cobram Mens Shed chips away at the issue of mental health but calls for more space.
Breakout seasons from Deni Rovers Jamie Thorpe and Nick Hay have seen the pair rewarded with respective best and fairest titles.
Now the Murray-Darling Basin Plan is enshrined in law, many opponents of the controversial plan to return irrigation water to the environment appear to have lost interest.
More than 320 000 foxes and 1500 wild dogs had been eradicated under the bounty scheme in the past three years.
- Motorcycle ride raises money for cancer charity
- Leukaemia patients come together to support Light the Night Benalla
- Permit sought for a clay target shooting range at a disused quarry at Baddaginnie
- Acclaimed pastry chef returns to Benalla
- Benalla resident on journey to help others with mental illness
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.