Plummeting fuel prices prove to be silver lining

If you are looking for a silver lining amid the coronavirus crisis, look to the bowser.

The pandemic has sent petrol prices plummeting around the world.

Last week in the Great Southern, they reached their lowest point in more than 15 years.

Independent outlet 86 on South dropped its unleaded fuel price below $1 a litre last Friday, with owner Colin Park saying he “can’t remember the last time fuel was this cheap”.

The average price for ULP in the Great Southern last Friday was $1.12, the lowest average since February 2005.

Mr Park, who was selling the cheapest ULP in the region at 99.9¢, said the prices were a welcome reprieve for people in tough times.

“It’s helping those people that are struggling,” he said.

“I make a little bit and they save a little bit, so it’s a win-win for everybody.”

Mr Park said he planned to drop his prices even lower in the coming weeks.

“If I can get my fuel cheaper, I will drop it under 99¢,” he said.

The Oyster Harbour Store, in Bayonet Head, dropped its ULP price to 99.9¢ at the weekend.

The average price for ULP in the Great Southern today was down to $1.09.