Fuel Price Spike: A Perfect Storm of Politics and Profit The fuel excise discount may have ended, but its impact will be felt by Australian motorists for weeks to come.
The sudden spike in prices across New South Wales is a stark reminder that our addiction to cheap oil is not only unsustainable but also volatile.
As the Albanese government's decision to end the discount takes hold, prices are soaring, with regular unleaded passing $2 per liter in Sydney.