Fuel set to rise

Cheap fuel prices have helped make the holiday season extra special, but will they last to the weekend?

NOOSA motorists are being urged to fill up prior to the weekend, as petrol pump prices are set to skyrocket.
Noosa motorists are currently enjoying the cheapest fuel in more than five years after prices of fuel fell as low as 119.4 cents a litre for standard unleaded.
Several fuel stations also dropped as low as 111.9 cents per litre.
However, motoring group RACQ has warned price hikes are fast approaching and prices could jump 15 cents a litre before the weekend.
Based on a 60-litre fuel tank in the average vehicle, this would equate to an extra $9 at the petrol bowser.
RACQ spokesperson Renee Smith said motorists should top up while the prices are low.
“Our current price cycle has shifted in behaviour, which has made it hard to predict exactly when a price rise could occur,” she said.
“Prices have been so low for so long, we can expect a price increase sometime soon.’’