Monday 16 May 2022 06:43 AM Sydney petrol prices: Why fuel prices are surging again trends now
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Petrol prices are soaring across the country despite government efforts to ease pressure at the pump.
Prices at the bowser rose for a fourth week in a row as international factors undermine the government's temporary cut in fuel excise tax aimed at easing the cost of living.
The government excise on fuel was cut by 22 cents following the federal budget six weeks ago - but experts predict fuel prices will rise higher than $2.40 per litre.
Chris Ford from Compare the Market on Monday said global issues are working against motorists filling up their tanks.
Chris Ford (pictured outside a petrol station in Brisbane on May 16) said international factors are driving up petrol prices across the country despite the government's fuel
