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Collapse Issue 510:<br />11 Jan 2021<br />_____________Issue 510:
11 Jan 2021
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Cheapest petrol on the Coast

Petrol prices on the Peninsula were the cheapest on the Central Coast with the opening of a new petrol station in Ocean Beach Rd.

Last week, prices at the new United petrol station were, on average, five cents less than those at West Gosford and Wyong.

E10 petrol was selling for 117.9 cents a litre, the same as Metro in West Gosford and five cents less than the lowest price in Wyong.

Premium 95 petrol was selling for 132.9 cents, while at West Gosford and Wyong best prices were 138.9 and 137.7 respectively.

Unleaded 91 and Premium 98 prices were both around the same amount less than corresponding prices at West Gosford and Wyong.

The United prices were close to the State average.

Diesel prices, however, were more than 10 cents more than prices available elsewhere on the Coast.

In response to the competition, both Coles and Woolworths service stations on the Peninsula reduced their prices to be within six cents of the United prices.

United Petroleum marketing general manager Mr Jon Yarnall did not give a commitment on the company's pricing policy for the Peninsula, but claimed it was "in the company's DNA" to support local communities.

He also interpreted recent statements made by the Australian Competition and Consumer Commission as recognising the company's role in keeping petrol prices low.

Mr Yarnall noted a changing local petrol marketplace, with work underway to convert the old BP station at the Rawson Rd roundabout to a 7/11 store and on the Blackwall Rd Caltex petrol station to become a Total petrol station.

Member for Gosford Ms Liesl Tesch commented that it was "pretty astonishing that it only took a couple of days for the new United Petroleum Umina Beach to force the other companies to drop their prices".

"Shows that there was no reason prices couldn't have been made fairer years ago."





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