Click to enlarge. Diesel prices have been consistenly higher than petrol prices in recent months with refining capacity largely limited. Graph: AIPWITH the Federal Government’s fuel excise tax break finishing this week, the prices of petrol and diesel are set to start increasing.
The 44.1c/litre tax on fuel was cut to 22.1c earlier this year after several global factors sent the cost of oil through the roof. The tax break had its desired impact on the petrol market, with the Australian Institute of Petroleum’s (AIP) regional average dropping 168.2c earlier this month and some bowsers…
