{"id":93452,"date":"2015-01-20T18:15:24","date_gmt":"2015-01-20T08:15:24","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=93452"},"modified":"2020-08-20T17:54:13","modified_gmt":"2020-08-20T07:54:13","slug":"mp-calls-for-fuel-price-probe","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2015\/01\/20\/mp-calls-for-fuel-price-probe\/","title":{"rendered":"MP Calls For Fuel Price Probe"},"content":{"rendered":"
\"Ken<\/a>
Member for Flynn Ken O'Dowd<\/figcaption><\/figure>\n

January 20, 2015<\/strong><\/p>\n

Member for Flynn Ken O’Dowd has drawn on his personal experience to call for an investigation into fuel prices in regional Queensland.<\/p>\n

Mr O’Dowd said today he had asked the Australian Competition and Consumer Commission (ACCC) to investigate the various factors that dictate the price at the bowser.<\/p>\n

“Being a fuel distributor for over 20 years, I can\u2019t see how the ‘pump price’ can fluctuate by over 20 cents per litre from town to town or service station to service station,” Mr O’Dowd said.<\/p>\n

“I might also add that the number of independent service stations has declined over the years and I wouldn\u2019t recommend anyone going out and buying one without closely looking at the balance sheet, profit margins, overheads and bottom lines.”<\/p>\n

Mr O’Dowd said he had asked the ACCC to look at how fuel prices in regional areas correspond to the various factors at play including:<\/strong><\/p>\n

    \n
  • Buying price \u2013 this can vary from site to site<\/li>\n<\/ul>\n
      \n
    • Terms of trade \u2013 eg. cash on delivery<\/li>\n<\/ul>\n
        \n
      • Global oil prices \u2013 winter vs summer<\/li>\n<\/ul>\n
          \n
        • Movement in the Australian dollar<\/li>\n<\/ul>\n
            \n
          • Distance from a shipping terminal<\/li>\n<\/ul>\n
              \n
            • \u201cUnder canopy\u201d discounting (eg. shopper dockets) by the major retailers<\/li>\n<\/ul>\n
                \n
              • Market advantage of the major retailers, Coles and Woolworths<\/li>\n<\/ul>\n
                  \n
                • Drop sizes (underground storage)<\/li>\n<\/ul>\n
                    \n
                  • Turnover volume<\/li>\n<\/ul>\n
                      \n
                    • Fuel cards and fleet discounts<\/li>\n<\/ul>\n
                        \n
                      • Running secondary product lines such as convenience store items and fast food<\/li>\n<\/ul>\n
                          \n
                        • Training costs associated with handling dangerous goods<\/li>\n<\/ul>\n
                            \n
                          • Local competition<\/li>\n<\/ul>\n
                              \n
                            • Price cycles in metropolitan areas (eg. “mad Tuesdays”)<\/li>\n<\/ul>\n

                              “Whilst I want answers to these questions, the best thing we can do now as consumers is to encourage competition by shopping around,” Mr O’Dowd said.<\/p>\n","protected":false},"excerpt":{"rendered":"

                              Member for Flynn Ken O’Dowd has drawn on his personal experience to call for an investigation into fuel prices in regional Queensland.<\/p>\n","protected":false},"author":20,"featured_media":41381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3],"tags":[],"yoast_head":"\nMP Calls For Fuel Price Probe - southburnett.com.au<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southburnett.com.au\/news2\/2015\/01\/20\/mp-calls-for-fuel-price-probe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MP Calls For Fuel Price Probe - southburnett.com.au\" \/>\n<meta property=\"og:description\" content=\"Member for Flynn Ken O'Dowd has drawn on his personal experience to call for an investigation into fuel prices in regional Queensland.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/southburnett.com.au\/news2\/2015\/01\/20\/mp-calls-for-fuel-price-probe\/\" \/>\n<meta property=\"og:site_name\" content=\"southburnett.com.au\" \/>\n<meta property=\"article:published_time\" content=\"2015-01-20T08:15:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-08-20T07:54:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/08\/ken-odowd-f.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"300\" \/>\n\t<meta property=\"og:image:height\" content=\"190\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anne Miller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anne Miller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/southburnett.com.au\/news2\/2015\/01\/20\/mp-calls-for-fuel-price-probe\/\",\"url\":\"https:\/\/southburnett.com.au\/news2\/2015\/01\/20\/mp-calls-for-fuel-price-probe\/\",\"name\":\"MP Calls For Fuel Price Probe - 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