A social media post in which Anthony Albanese attacked Scott Morrison over the high cost of fuel has resurfaced as petrol prices at the pump reach record levels.
The price of petrol in Brisbane hit an all-time high on Wednesday, with some retailers charging $2.38 per litre, according to the Australasian Convenience and Petroleum Marketers Association.
Drivers in Sydney and Melbourne currently pay up to $2.29 a liter but have been warned of further hikes as cuts to global oil supplies coincide with travelers hitting the road for school holidays.
In November 2021, Mr Albanese posted on Twitter asking: “Do you think Scott Morrison has been to a gas station lately?” Gasoline prices are skyrocketing on his watch.
He accompanied his comment with a photo showing a Shell gas station selling unleaded at $1.96 per liter, well below current prices.
Fuel prices have reached astronomical levels in major Australian cities as a global shortage looms and consumer demand rises (pictured: a Sydney servo last month)
In 2021, Anthony Albanese took a smug jab at then-Prime Minister Scott Morrison over petrol prices, which were considerably lower than they are now.
One Nation leader Pauline Hanson took to X, formerly Twitter, on Friday to share a photo of a petrol station selling petrol in Brisbane at record prices, along with a caption reflecting that Mr. Albanese’s original with the names changed.
The photo shared by Senator Hanson showed unleaded E10 selling for $2.35 and unleaded 95 selling for $2.54.
According to official government figures, the price of car fuel increased by 13.9 percent between August 2022 and 2023, pushing up the cost of transport by 7.4 percent.
Commenters on Senator Hanson’s message expressed outrage at soaring fuel prices, which are largely responsible for the rise in the Consumer Price Index (CPI), the measure of inflation.
CPI for August came in at an annual rate of 5.2 percent, up from 4.9 percent in July, sparking concerns that the Reserve Bank is considering a further hike in rates. interest.
‘Ashamed! I don’t care what people are facing. At least Morrison was kind enough to reduce the excise tax on fuel,” said one Australian.
“Please do something, my life on the road is getting expensive,” said another.
“What a shame for Albo that this is coming back to haunt him,” added a third.
“He wouldn’t know because he would be driven in a government vehicle powered at taxpayers’ expense,” added a fourth.
Earlier this month, the Prime Minister was asked about core costs following a major speech to the ALP national conference, in which he said the cost of living was the number one priority of his government.
“Can you tell me approximately what the price of gas is right now? » asked Sky News host Andrew Clennell.
“Well, I’m not going to fill up my car. But last time it was around $1.80,” the Prime Minister replied.
One Nation leader Pauline Hanson took to Twitter to denounce Mr Albanese’s comments.
Mr. Albanese said earlier this month that the price of gasoline was about $1.80 when he last filled up.
Chris Ford, of Compare the Market, told the Guardian there was an unusually high gap of 44c between the most expensive and cheapest fuel in Brisbane on Wednesday.
He questioned how much of the record price was driven by oil prices and supply and how much companies wanted to make money from the weekly gasoline cycle.
“What we see is that expensive sites tend to cluster together,” he said.
“So one site is going to jump, then the neighboring sites are going to jump, and then these expensive clusters, over the course of those 10 days, are going to grow and the cheap clusters are going to shrink.”
“If you were filling up a 50 liter tank, you would save $20 by filling up at the cheapest place instead of the most expensive.”
Brendan Rynne, chief economist at KPMG, said the international oil price was being pushed up by the decision by the Saudi-led Organization of the Petroleum Exporting Countries (OPEC) to come to terms with Russia to restrict oil supplies.
Russia and Saudi Arabia are limiting their production by 1.3 million barrels of oil per day, despite soaring global oil demand.