Waiting for petrol prices to plunge? Don’t hold your breath!

Published: June 24, 2022

Bad news for all grey nomads hoping and praying that current sky-high fuel prices are a flash in the pan … they’re not!

Economics professor, David P Byrne, from the University of Melbourne said ongoing global events suggested that motorists should not expect meaningful relief at the bowser in the foreseeable future.

“I unfortunately don’t have a crystal ball, but we can expect high petrol prices for as long as the war in Ukraine is going on,” Professor Byrne told the ABC. “I wouldn’t expect petrol prices to be coming down anytime soon, as commentators seem to believe the war will continue for some time … my guess is that we’re in for high petrol prices for the remainder of 2022 and likely well into 2023.”

Fuel prices

For grey nomads who are really feeling the pain when filling the tank, Professor Byrne says the best option is to use apps and the ACCC petrol site to figuring out when to buy petrol to ‘game the cycle’.

“The apps make it easier to see when there’s a price jump at a few stations,” Professor Byrne told the ABC. “Once you see one of these jumps, and they’re very large sometimes, 20 to 30 cents per litre, you can bet a tidal wave of price jumps are coming … by now because you are at the ‘bottom’ of the cycle.”

He says stations run by major retailers like BP, Ampol, Woolworths and Coles tend to lead the price jump parts of the cycle.

“So when you see a new wave of jumps coming, use an app to purchase at another independent retailer or smaller chain who tend to be followers with the cycle and set slightly lower prices,” Professor Byrne told the ABC.

Travellers in remote areas, of course, might not have the luxury of being able to pick and choose where they fill up, so their best bet – other than to stay put for longer – is to drive in the most economical way possible.

The ABC reports that a phenomenon known as ‘hypermiling’ has seen motorists turn off their air conditioners and keep their feet off the accelerator in a bid to get more ‘juice’ out of each tank of fuel.

According to the ABC, these hypermiling techniques apparently involve:

  • Keeping up to date with your car’s service schedule
  • Checking tyre pressure
  • Losing excess weight in the car — taking stuff out of your boot, for example
  • Driving as slowly as reasonable in the highest possible gear without over-working the engine
  • Driving smoothly, with no harsh accelerating or braking
  • Coasting as much as possible, reading the road to know what’s happening ahead
  • Keeping air conditioner use to a minimum

* Do you drive without air conditioning to save fuel? What is the most you have paid for a litre of petrol or diesel in the past week or so? Comment below.


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Just paid 2.49 a litre. Costly when you have a 90 litre tank!

The papers and auto clubs always talk about the price of petrol but never about the price of Diesel.A lot of grey nomads drive diesel vehicles to tow their caravans. The price of diesel hardly ever varies and is often way above the price of petrol. When will the government investigate why this is the case so we diesel vehicle drivers get a fair deal at the pumps.

As the fuel price climbs..it rarely if ever comes back to the original or normal price..
The big end of town boys make sure of that..!

18 months ago, we bought a newer car, and specifically, went for a car that had a lower fuel usage. We went away from our diesel 4wd, and went to a Soft roader awd, that only used 7.5 lt / 100,. What we didn’t know was it uses way less then this. My usage is 6.5 lt /100, on trips, and 7.5 lt with the camper trailer on board. We were very lucky considering the cost of fuel today. I will never get another diesel including for the other reason of service upkeep costs. It is just not justifiable. As it is, it costs us 100 dollars to fill the tank,, use to cost us 55. Probably stop using the car once it gets to 150 dollars a tank, and will just take the local bus for shopping and maybe no touring for a while.

Last month $2.95 a litre last month & thats on Highway 1. Only needed 120Litres (luckily) . Same place is now over $3.10
Not much choice within 100kms – and there are damn close to $3.00 (if they have fuel )

Time to downsize the car & caravan. Two retirees really don’t need that much space to enjoy traveling.
In the 70’s & 80’s our parents did a lap of Australia with an 11ft caravan.
It was quite adequate for their needs.

319 Nullarbor Rd house

Just sold our Condor Landbruiser 2021 and Ford Ranger XLT 3.2 ltr 2021…bought a Mercedes Sprinter 2015 turning into campervan…..should save heaps on fuel and shorter trips.

About $2.25 for ULP 91 in Deloraine, Tasmania, a couple of days ago.

I don’t really think it is any good winging about the price of fuel. Over the past 60 years of having been a driver I have watched the price of fuel go from 1s/2d a gallon to $2.45.9 per ltr. All the complaints in the world didn’t change any prices I was watching. I took to the habit of adjusting my costs to the price of fuel. It went up by X and I raised my labour costs by X. My local member complained some 25 odd years ago about my habit of adjustment, but he only ever did it once to my face. I gave him a run down on survival under his Government. He must have past on my lesson, as the new bloke hasn’t complained yet.

Yep it is all a rip off, but I wonder what the Yuppy Electric cars will bring? Mini Road Trains with a desal Gen on the rear trailer?

Ripped again by the Big Boys in Town, but if we all stop for 12 Mths our Travels in Aus, it would have a huge affect on the greedy Fuel Comp’s. I know a lot of us were locked down with Covid but I can tell you from experience, the “numbers” always win!!

Been on the road two years and happy we bought a 6 metre Mercedes Sprinter Motorhome. Does 100 kms on 10 Litres although not happy with price rises for Diesel in particular! Crossed the Nullarbor with only one refill. Amazed at the speed that so many large 4wds pulling big caravans are doling on the roads in spite of the high costs. You can drive slower saving considerable fuel costs without holding others up and the only strategy within our control but we don’t see people doing that!

Gotta laugh. Fuel costs.
world prices. Safety management. Transport. Excise.
throughput. Less litres of diesel sold, means a higher unit price. It is not rocket science,
just business.

nobody wants to pay more than they need to. I certainly don’t.

but fuel prices will continue to rise. Climate change response (whether you agree with it or not). Less exploration means less fuel available. Less fuel consumed means higher unit prices to cover the capital costs. Again, not rocket science.

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