The Cairns area fuel rip-offs continue with Coles Express apparently reintroducing synchronised swindling.
Our local United outlet’s price for Unleaded 91 has dropped from the peak of 159.9 the other week to 150.9 and their Diesel is the same price.
The nearby Puma outlet is 151.9 for Unleaded 91 and 151.7 for Diesel, and the nearby Caltex outlet is 152.9 for Unleaded 91 and 152.7 for Diesel.
All 3 of the Coles Express outlets I drove past today were 156.9 for Unleaded 91 and an absolutely disgraceful 169.9 for Diesel.
A full 13 cents for Diesel above their own price for Unleaded 91 and up to 19 cents for Diesel at our local United.
I drove past most of these sites today whilst picking a mate up at the airport on his FIFO stopover, and he could not understand why diesel should be more expensive than other petroleum derived fuels.
He was a supervisor during the major upgrade at the Caltex refinery in Brisbane some years ago and he said that diesel is the first cut from the crude oil at the refinery and thus has the least processing costs.
When I fuelled up our vehicle at our local United a couple of days ago, the driveway was packed and vehicles were waiting to get to the bowsers, but the Coles Express outlets I drove past today were lucky to have a single vehicle at the bowsers.
As I said to my mate today, there seems to be little point in having a high profit margin if you are not selling very much.
United may have a lower profit margin than Coles Express on fuel but they are selling tanker loads, and even have their own-branded B Double tankers whilst Coles Express use private delivery tankers.