Petrol Prices Tipped To Soar Over Easter

Thursday, 5 April 2012
For immediate distribution

Petrol Prices Tipped To Soar Over Easter

Travelers may have already missed out on the chance to fill up the car before the Easter break, with online bookmaker sportsbet.com.au framing a market on the average cost of petrol prices ahead of the long weekend.

Petrol to be between $1.50-$1.55 per litre is the favourite outcome at $1.22, with $1.55-$1.60 next in the market at $5.00.

While drivers can take comfort in the fact that they won’t have to pay over $1.60 per litre, priced at $41, they shouldn’t expect any bargains, with below $1.45 the outsider in the market at $51.

“If you haven’t filled up already it may be too late according to our market,” said sportsbet.com.au’s Shaun Anderson.

“It would be a nice surprise over the long weekend if prices would drop below $1.45, but the market indicates there is virtually no chance with travelers expected to pay top dollar as per usual over the Easter break.”

Market courtesy of sportsbet.com.au
Australian Easter Petrol Average Price
Pay on the Five Major Capital City Average for the Week Monday 2 April 2012 ending Sunday 8 April as found on www.aip.com.au.
$1.22 $1.50 - $1.55
$5.00 $1.55-$1.60
$8.00 $1.45-$1.50
$41 Over $1.60
$51 Below $1.45

Follow sportsbet.com.au’s media team on Twitter - @sbcomaumedia

ENDS

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