
The Shell service station at Paget was selling unleaded fuel for 98 cents a litre yesterday, while Mobil in Sydney Street had unleaded at 99.7c.
Petrol stations in North Mackay, Andergrove and West Mackay followed suit with most motorists paying 99c to fill their tanks.
Fuel Trac general manager Geoff Trotter said it had been three years since Mackay had seen unleaded petrol below a dollar.
In June petrol reached its peak, at more than $1.50 a litre.
Mr Trotter said the price of oil had fallen to less than $50 a barrel compared to July when it was $150 a barrel. “It is the sort of price we expect,†he said. “It is all linked to what is happening on the international market.â€
Mr Trotter predicted the price of fuel would continue to drop.
“It should reach 95c a litre this week in Mackay,†he said.
(Source: Daily Mercury)
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