Mudgee motorists have felt the sting of a high end of average petrol prices for regional NSW, with Christmas less than three weeks away.
November saw the state average at it’s highest point of the year, peaking at 138.9 cents a litre and an average of 134.7 across the month.
And last week petrol prices hit their highest level in two years in Sydney, with the average cost of unleaded in the state’s capital costing 137 cents a litre.
Prices were tipped to spike early last month with a global oil price surge driving up costs. The Organisation of the Petroleum Exporting Countries cartel has slashed production levels over the past year, at the same time as American and Russian producers pulled back, raising prices strongly in the months prior.
On Monday afternoon, Mudgee was one of the most expensive places in the Central West to fill up, with the average cost of petrol 140.6 cents per litre, Blayney was worse at 142.9, but the local figure trumped Parkes 138.9, Dubbo 136.5, Lithgow 137.2 and Orange 133.3.
Tuesday – normally the cheapest day to fill up – saw prices ease to an average of 136.6 cents per litre.
The cheapest petrol in town was E10 at Shell Mudgee (Sydney Road), at 134.9. Which also had the cheapest regular unleaded petrol (138.9).
The cheapest diesel was at Lowes Mudgee with 130.9 cents per litre.
National Roads and Motorists' Association (NRMA) spokesperson Helen Machalias said it’s a bit too early to predict what prices will do over Christmas, but it’s possible that prices may fall a couple of cents over the coming weeks.
“The NRMA doesn’t expect prices to go any higher at this point in time,” she said.
Ms Machalias said motorists should use the NRMA app to shop around for the best value fuel, if they need to stick to a transport budget.
“By using the My NRMA app, motorists are empowered to find the best deals on petrol,” she said.
“Other ways you can reduce your fuel costs are refuelling when prices are low, rather than when the tank is empty, lightening your load by removing roof racks or bull bars if they’re not needed and servicing your car regularly, as blocked air filters can increase fuel consumption significantly.”