Petrol to hit $1.50 per litre this week in Australia

Just in case you hadn’t heard, petrol will be reaching the previously unheard of price of $1.50 per litre this week. The Service Station Association (SSA) is saying the peak is expected in the next day or two, but prices will slide back to under $1.40 by early next week. On my drive home from work today the prices were approaching $1.49. It will be interesting to see how long it stays below $1.50. I have a feeling the is softening us up for more high prices.

Source: ABC


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