Petrol prices could drop to 30 year low | Sky News Australia

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Economists say petrol could fall to its lowest price in 30 years.

The price drops can be seen throughout major cities around Australia, while prices in regional towns have so far been largely unaffected.

A significant decrease in the level of road travel has also lead to an oversupply of oil, causing companies to reach out to buyers as they struggle to store the excess loads.

 

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Could you mean should sign out doubt you crim which petrol company you work for ? Wake up we know you are a mafia ! Time up our tolerance has been blow ! See you in the the new world ! Zero emissions dipshit !

Only if U live in the city, regional areas are still paying top dollar

And diesel?

But has our DoNothing LiberalAus Govt started to get our Nat Supply Level up. Hell no WE are still talking about it..

I'm going to go out on a limb and say that when the Covid-19 restrictions are lifted, the price will quickly find it's way back to the $1.50 mark.

It may or may not. Hey look I’m an economist!

Low petrol are having no current benefits. Lack of competition in regional areas = getting away with high profit margins. How about Diesel? Still around $1.30 a litre. Should Australia focus on a strategic reserve policy? This should be the news!

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