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Australia: ACCC to probe high petrol prices

 |  March 10, 2015

The Australian Competition and Consumer Competition says it will investigate petrol prices in Darwin because of persistently high fuel costs in the Northern Territory’s capital city.

Annual average retail petrol prices in Darwin in 2013-14 were almost 20 cents higher than in the five largest capital cities.

The ACCC announced the inquiry on Tuesday, saying it would seek to ‘explain each component of the prices paid at the bowser’ in the city.

“Petrol prices in Darwin are among the highest in Australia,” ACCC chairman Rod Sims said in a statement.

 

Full Content: ABC News

 

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