Australia: Petrol at a premium for holidays

The NRMA is accusing oil companies of stockpiling premium petrol as Canberra prices look set to climb above $1.50 a litre just in time for the school holidays.

President Alan Evans said yesterday the NRMA was concerned about premium unleaded pumps being closed by stations on Tuesdays.

“We have had a supposed shortage of premium unleaded for four months,” he said.

“I think there are supply issues but the oil companies, knowing the supply issues, don’t make it available [on Tuesdays], so they get the maximum on the higher priced days, like Thursdays,” he said.

The Canberra Times