Petrol prices in Coffs Harbour had soared to 134.9c yesterday.
Petrol prices in Coffs Harbour had soared to 134.9c yesterday.

Fuel prices hit an all-time high as Easter approaches

By CLEO SRIBER

REPTON Riverside Tourist Park owner, Kathy Fancourt, is trying to keep a positive viewpoint on the rise in petrol prices just before Easter.

"We're hoping people will come here rather than to Queensland because of the cost of petrol. It could be a plus for Coffs Harbour," she said.

But Coffs Harbour Tourist Park owner Archie Sheppard said that they have had less bookings for caravanners over the past three weeks."

"I think it's a lot to do with the rise in the price of fuel. I think caravanners are staying longer in one location rather than going on further," he said.

With the petrol prices tipped to rise still further, to a record $1.40 a litre, motorists want explanations as to how petrol can jump 12c in one day, just days before the school holidays begin.

Last Tuesday petrol was $1.22 a litre in Coffs Harbour and yesterday had risen to $1.35 a litre.

While Mr Howard and Treasurer Peter Costello have been told oil companies have not been conspiring to push prices higher, NRMA president Alan Evans accepted there were global reasons for higher petrol prices, but said it did not account for a 12c increase that occurred last Tuesday.

"It really is because the oil companies decided they could exploit the motorists at peak holiday time because they know we all drive around at that time," he said.

Mr Howard has referred the matter back to the Australian Competition and Consumer Commission.



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