All new fossil fuel projects must be scrapped to reach net-zero by 2050, world energy agency warns

The International Energy Agency’s executive director says its new report shows the path to global net-zero emissions by 2050 is “narrow but still achievable”.

All future fossil fuel projects must be scrapped if the world is to reach net-zero carbon emissions by 2050 and to stand any chance of limiting warming to 1.5 degrees Celcius, the International Energy Agency said Tuesday.

In a special report designed to inform negotiators at the crucial COP26 climate summit in Glasgow in November, the IEA predicted a “sharp decline in fossil fuel demand” in the next three decades as well as a 2040 deadline for the global energy sector to achieve carbon neutrality.

The Paris-based agency called for a rapid and vast ramping up of renewable energy investment and capacity, which bring gains in development, wealth and human health.

IEA Executive Director Fatih Birol said the roadmap outlined in the report showed that the path to global net-zero by 2050 was “narrow but still achievable”.

“The scale and speed of the efforts demanded by this critical and formidable goal – our best chance of tackling climate change and limiting global warming to 1.5C – make this perhaps the greatest challenge humankind has ever faced,” he said. 


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Built using its industry network and energy modelling tools, the IEA’s roadmap lays out more than 400 milestones on the path to net-zero by mid-century. 

These include “no new oil and gas fields approved for development” beyond projects that are already committed as of 2021. 

It predicts “a sharp decline in fossil fuel demand, meaning that the focus for oil and gas producers switches entirely to output – and emissions reductions – from the operation of existing assets”.

The roadmap also said that sales of new internal combustion engine passenger cars would have to end in 2035 and energy efficiency would need to improve four per cent annually this decade – around three times faster than the current trajectory. 

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With annual additions of solar and wind power reaching 630 and 390 gigawatts respectively by 2030, the IEA said that investment in renewables could put global GDP four per cent higher by 2050 than it would be based on current trends.

By 2050, it said that renewables capacity and greater efficiency would see global energy demand drop about eight per cent compared to today, even as two billion more people gained access to electricity. 

Investment totalling around $40 billion USD a year – around one per cent of current energy sector investment- is projected to hook hundreds of millions up to the global grid.

The IEA said that clean energy and access to clean cooking solutions could cut the number of premature deaths by 2.5 million a year by 2050.

Overall, fossil fuels are set to account for only around a fifth of energy supply by 2050, down from almost four fifths currently, the report showed. 

Dave Jones, global lead at the energy think tank Ember, said Tuesday’s assessment was “a complete turnaround of the fossil-led IEA from five years ago”.

“This is truly a knife into the fossil fuel industry,” he said.

Clive Palmer on the Gold Coast in August 2020

Clive Palmer’s coal mine 10km from Great Barrier Reef park deemed ‘not suitable to proceed’


Under a scenario where all current national net-zero pledges are met on time and in full, the IEA outlined a changing energy mix in the coming decades.

Oil demand is predicted to plateau at around 104 million barrels a day just after 2030, the report said. 

Gas use is likely to increase significantly in the stated pledges pathway, as is nuclear.

Under its net-zero pathway however, oil is projected to decline 75 per cent and gas 55 per cent by mid-century.

It also said that all inefficient coal power plants needed to close by 2030 in order to achieve net-zero by 2050.

While most of the global CO2 reductions until 2030 in the net-zero pathway come from “technologies available today”, the IEA said that around half of reductions by 2050 would be provided by “technologies that are currently only in demonstration or prototype phase”. 

These include direct air capture and storage of CO2 from the atmosphere, which it said could be “particularly impactful”. 

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Florida, Virginia, Georgia and North Carolina declare states of emergency over gas shortages after Colonial Pipeline hack as 1,000 fuel stations run dry in Southeast as people panic buy

The governors of Florida, Virginia and Georgia all declared states of emergency Tuesday in a bid to protect fuel supplies, with some gas pumps already dry in Atlanta and other cities, as the impact from the Colonial Pipeline ransomware attack continues to ripple across the country – hitting the Southeast especially hard. 

Panic buyers streamed into gas stations across the Southeast as the key pipeline that supplies the area was threatened by the attack. 

More than 1,000 gas stations in the Southeast are now running out of fuel, according to S&P’s Oil Price Information Service. 

The Southeast is particularly vulnerable because it has fewer refineries and pipelines to deliver fuel, compared to the Northeast, which is less at risk. The Southeast is also less equipped to quickly import large quantities of gasoline from other countries, according to The Wall Street Journal.

The worst shortages were in North Carolina, where 9.7 per cent of all stations in the state were without fuel, according to Gas Buddy Tracker. Virginia was second hardest-hit, with 7.9 per cent of gas stations empty, followed by Georgia with 6.5 per cent and South Carolina with 4.3 per cent.  

In five states – Georgia, Florida, South Carolina, North Carolina and Virginia – demand was up by a collective 40.1 per cent on Monday. 

Ron DeSantis, Republican governor of Florida; Ralph Northam, the Democrat governor of Virginia, and Brian Kemp, Georgia’s Republican governor, announced their state’s measures on Tuesday.

Their moves came a day after the governor of North Carolina took the same step. 

Kemp announced the waiving of sales tax on gasoline until May 15 – a move which critics said could push more people to attempt to fill their cars at the pumps.   

The states of emergency provide more leeway to local officials to deal with the crisis, and increases flexibility and funding for state and local governments to make sure they have enough fuel supply.

DeSantis on Tuesday night in an executive order, said ‘the disruption of Colonial Pipeline operations poses a significant and immediate threat to the continued delivery of such fuel products to the State of Florida.’ 

Florida’s gasoline supplies are largely unaffected by the outage, but a rash of panic buying starting Monday — especially across north Florida — has caused local shortages. 

Northam said: ‘This emergency declaration will help the Commonwealth prepare for any potential supply shortages and ensure Virginia motorists have access to fuel as we respond to this evolving situation.’

Northam’s order says that current gasoline reserves in Virginia are sufficient to address immediate supply concerns. 

Kemp signed an executive order to temporarily suspend the gas tax in Georgia in light of the Colonial Pipeline cyber attack.

He urged Georgians not to panic buy, and also announced that the state is increasing the weight limits for trucks transporting fuel, providing more supply for stations as they receive deliveries. 

A small gas station chain, Parker’s, which serves Georgia and South Carolina, announced on Facebook on Tuesday that customers would be limited to $50 worth of gas. 

The governor’s office said in a release that the order further prohibits price gouging by bad actors looking to exploit the situation.

‘My office has been in close contact with company and industry officials since we first learned of the Colonial cyber attack over the weekend,’ said Kemp. 

‘Unfortunately, extensive media coverage has caused people to panic which has resulted in higher gas prices. We are taking action to relieve some of the cost burden from Georgians as Colonial recovers by suspending fuel taxes, increasing the weight limit for supply trucks, and prohibiting price gouging.

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US gas prices surge to seven-year high on fifth day of DarkSide cyber shutdown of Colonial Pipeline: Fuel distributors warn of ‘catastrophic’ shortages as Putin denies link to hackers

Gas prices have spiked to a seven-year high after Colonial Pipeline was forced to shut off the nation’s biggest fuel pipeline in the wake of a cyberattack as some fuel distributors warned of ‘catastrophic’ shortages across the South and Northeast. 

The national average for retail gasoline prices was at $2.985 as of Tuesday, according to the American Automobile Association. The last time the average gas prices were above $2.99 was back in November 2014.

Colonial Pipeline has said it is trying to ‘substantially’ restore operations by the end of the week but reports of gas shortages and panic buying are already emerging with motorists lining up from Florida to Virginia for fuel.

The 5,500 mile pipeline, which runs from Texas to New Jersey and transports 45 percent of the East Coast’s fuel supply, shut down five days ago following the ransomware hack. 

The FBI has confirmed that DarkSide, a Russian hacking outfit made up of ransomware veterans, was responsible for the attack. 

Russian President Vladimir Putin on Tuesday denied any involvement. His spokesman said: ‘Russia has nothing to do with these hacker attacks, and had nothing to do with the previous hacker attacks. We categorically do not accept any accusations against us.’ 

Colonial, which is based in Atlanta, Georgia, hasn’t said whether it has already paid or is negotiating a ransom with the hackers. 

The White House earlier declined to say whether companies that are hacked like Colonial should pay ransom to their attackers, saying instead that it was typically a ‘private sector decision’ – a move that has since been condemned by cybersecurity experts.

Meanwhile, as the shutdown entered its fifth day, a Maryland fuel distributor warned there would be ‘catastrophic’ shortages in the coming days given Colonial has only managed to restore some services in the wake of the hack. 

‘It’s going to be catastrophic,’ John Patrick, chief operating officer of Liberty Petroleum LLC, told Bloomberg. 

‘Governors should declare a state of emergency and ask people chasing tanker trucks to gas stations to stay home. School buses stay put.’ 

North Carolina Governor Roy Cooper issued an emergency declaration in his state on Monday to help people prepare for possible shortages. 

Fears of a looming shortage have already prompted panic buying with gas stations in various cities already running out of fuel or restricting sales.

Motorists were also lining for hours across Florida, North Carolina, Georgia and Virginia.

American Airlines has also been forced to add refuel stops to two long haul flights from its Charlotte, North Carolina hub as a likely effort to conserve fuel in areas where it could run short.

The AAA had already warned that gasoline prices could spike three to seven cents per gallon this week and said that there also could be ‘limited fuel availability’ in places. 

‘This shutdown will have implications on both gasoline supply and price, but the impact will vary regionally,’ an AAA spokesperson said. 

‘Areas including Mississippi, Tennessee and the East Coast from Georgia into Delaware are most likely to experience limited fuel availability and prices increases as early as this week.

‘These states may see prices increase three to seven cents this week.’  

On the streets, motorists in Atlanta were reporting having to go to three different gas stations to fill up.

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Putin’s cyber soldiers: DarkSide hackers who hit America’s biggest fuel pipeline started eight months ago in Russia where they’re given free rein to target the West and have already been paid millions by 80 companies

The cyberextortion attack that forced the shutdown of America’s largest fuel pipeline was carried out by a criminal gang known as DarkSide that is believed to based out of Russia where they are given free rein to target Western countries.  

DarkSide is made up of veteran cybercriminals but insists it is not political. Like many others, however, DarkSide seems to spare Russian, Kazakh and Ukrainian-speaking companies, which does suggest a link to Russia. 

Ransomware rackets are now dominated by Russian-speaking cybercriminals who are shielded – and sometimes employed – by Russian intelligence agencies, according to US officials.  

Cyber experts say Russia gives free rein to hackers who target the US and European countries.

DarkSide has already boasted that it has been paid millions of dollars in ransom from 80 companies across the US and Europe. 

‘Whether they work for the state or not is increasingly irrelevant, given Russia’s obvious policy of harboring and tolerating cybercrime,’ Dmitri Alperovitch, a co-founder of CrowdStrike, told NBC News of DarkSide’s recent hacking. 

The FBI on Monday confirmed that DarkSide was responsible for the attack on Colonial Pipeline that has experts fearing widespread gas shortages and significant price hikes. 

The agency has been tracking the group since at least October and are investigating whether they have ties to the Russian government.  

The US last month slapped sanctions on Russia for malign activities including state-backed hacking. The Treasury Department said Russian intelligence has enabled ransomware attacks by cultivating and co-opting criminal hackers and giving them safe harbor.  

DarkSide, which cultivates a Robin Hood image of stealing from corporations and giving a cut to charity, said in a statement posted on the dark web that their only goal was to ‘make money’ and not create problems for society. 

‘We are apolitical, we do not participate in geopolitics,’ the statement read. ‘Our goal is to make money and not creating problems for society.’

DarkSide seemed to suggest that an affiliate may have been responsible for the attack.  

‘From today we introduce moderation and check each company that our partners want to encrypt to avoid social consequences in the future,’ the statement said.  

Colonial, which is based in Atlanta, Georgia, has not yet said whether it has paid or is negotiating a ransom with the hackers.  

The White House declined to weigh in on Monday on whether companies that are hacked like Colonial should pay ransom to their attackers. 

Despite only emerging in August last year, DarkSide appears to be very organized, according to cybersecurity experts. 

Those who have tracked DarkSide said it appears to be composed of veteran cybercriminals who are focused on squeezing out as much money as they can from their targets. 

‘They’re very new but they’re very organized,’ Lior Div, the chief executive of Boston-based security firm Cybereason, said. 

‘It looks like someone who’s been there, done that.’

DarkSide is one of a number of increasingly professionalized groups of digital extortionists, with a mailing list, a press center and a victim hotline to help facilitate ransom payments. 

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US fuel pipeline hackers ‘didn’t mean to create problems’

A cyber-criminal gang that took a major US fuel pipeline offline over the weekend has acknowledged the incident in a public statement.

“Our goal is to make money and not creating problems for society,” DarkSide wrote on its website.

The US issued emergency legislation on Sunday after Colonial Pipeline was hit by a ransomware cyber-attack.

The pipeline carries 2.5 million barrels a day – 45% of the East Coast’s supply of diesel, petrol and jet fuel.

The operator took itself offline on Friday after the cyber-attack. Work to restore service is continuing.

On Monday, the FBI officially confirmed that DarkSide was responsible for compromising Colonial Pipeline’s networks, saying that it was continuing to work with the firm and other government agencies on the investigation.

DarkSide posted a statement on its website, describing itself as “apolitical”.

“We do not participate in geopolitics, do not need to tie us with a defined government and look for… our motives,” the group said.

The group also indicated it had not been aware that Colonial was being targeted by one of its affiliates, saying: “From today, we introduce moderation and check each company that our partners want to encrypt to avoid social consequences in the future.”

The US government relaxed rules on fuel being transported by road, meaning drivers in 18 states can work extra or more flexible hours when transporting refined petroleum products.

US fuel prices at the pump were largely unaffected on Monday, but there are fears that this could change if the shutdown is prolonged.

Independent oil market analyst Gaurav Sharma told the BBC a lot of fuel was now stranded at refineries in Texas.

“Unless they sort it out by Tuesday, they’re in big trouble,” said Mr Sharma. “The first areas to be hit would be Atlanta and Tennessee, then the domino effect goes up to New York.”

He said oil futures traders were now “scrambling” to meet demand, at a time when US inventories are declining.

Demand – especially for fuel for cars – is on the rise as consumers return to the roads and the economy recovers.

The temporary waiver issued by the Department of Transportation enables oil products to be shipped in tankers up to New York, but this would not be anywhere near enough to match the pipeline’s capacity, Mr Sharma warned.

Sources said the ransomware attack was likely to have been caused by a cyber-criminal gang called DarkSide, who infiltrated Colonial’s network and locked the data on some computers and servers, demanding a ransom on Friday.

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Must-watch TV to fuel £1bn summer advertising bonanza

Covid hit UK’s ad-dependent broadcasters but rebound is on cards, with Euro 2020 and more

  • See all our coronavirus coverage

The return of must-watch TV such as football’s pandemic-delayed European Championship and guilty pleasure Love Island is set to fuel a £1bn advertising bonanza this summer as spending bounces back to pre-coronavirus levels.

Streaming services such as Netflix and Disney+ have enjoyed record-setting subscriber growth during the coronavirus pandemic, with the public stuck at home. But for broadcasters with advertising-dependent models, such as ITV, Channel 4 and Channel 5, the closure of businesses and leisure activities resulted in unprecedented cuts to marketing budgets.

Continue reading…

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US enacts emergency powers to keep fuel flowing after cyber attack

The US government enacted emergency powers on Sunday in a bid to keep fuel supply lines open as fears of shortages rose following the shutdown of an essential pipeline.

The move lifted various limits on the transport of fuels by road to ease the fallout from the continuing closure of the Colonial pipeline, which carries almost half the fuel consumed on the US east coast, following a ransomware cyber attack on Friday.

“This Declaration addresses the emergency conditions creating a need for immediate transportation of gasoline, diesel, jet fuel and other refined petroleum products and provides necessary relief,” the Department of Transportation said.

The order came as the government scrambled to deal with the repercussions from the closure of Colonial, the biggest refined products pipeline in the US, which transports 2.5m barrels of fuel a day from refineries on the Gulf Coast to markets such as Atlanta, Washington and New York. 

The pipeline’s operator, the Colonial Pipeline Company, was forced to take the entire system offline on Friday after an attack it attributed to ransomware, whereby hackers seize control of a victim’s computer systems or data by installing illicit software and release the assets only once payment is made.

Colonial said on Sunday evening that its main lines remained offline, but that some smaller lines between terminals and delivery points had been returned to service. It gave no indication of when full service would resume.

“We are in the process of restoring service to other laterals and will bring our full system back online only when we believe it is safe to do so, and in full compliance with the approval of all federal regulations,” the company said.

Petrol prices were 1.5 per cent higher at just under $2.16 a gallon on Monday morning. Prices had jumped as much 4 per cent when trading reopened on Sunday.

If the pipeline was not quickly reopened, the impact on prices could become more severe in the coming days, said Patrick De Haan, head of petroleum analysis at data provider GasBuddy.

“We’re realising the gravity of it is maybe worse than what we’d expected,” said De Haan. “There’s still a little breathing room, we’re starting to run low on it. But Monday, Tuesday if there’s no news, you know we’re dealing with something fairly significant.”

The pipeline is the country’s biggest conduit for refined products, spanning more than 5,500 miles from Pasadena, Texas to Linden, New Jersey and New York Harbor. It serves some of the country’s transport hubs, including its busiest airport, Hartsfield-Jackson in Atlanta. 

Gasoline demand in areas served by the pipeline rose about 4 per cent on Saturday compared with the previous week, according to GasBuddy, indicating panic buying as consumers fretted over the potential for a prolonged outage.

The shutdown may trigger another rise in US petroleum imports, exposing the country’s energy vulnerability despite a decade of soaring domestic and gas production.

“The base case is that it’s resolved quickly, but if not US gasoline and diesel prices will have to rise very significantly to draw in sufficient imports from Europe,” said Robert Campbell, head of oil products research at consultancy Energy Aspects.

Refiners on Gulf Coast that used the pipeline to ship products eastward would be forced to trim back fuel production, he said.

Large pipelines increasingly rely on automation to monitor flows and pressure and control batches of deliveries of petroleum products, increasing the potential disruption of a hack.

“This is definitely not a schoolboy prank. This is a highly sophisticated attack on a piece of critical infrastructure,” said Campbell.

The attack came amid growing concerns about cyber security vulnerabilities in critical US infrastructure after last year’s SolarWinds attack, which authorities have attributed to Russia.

It also followed a proliferation of ransomware attacks in recent years, with cyber criminals — often operating from jurisdictions where they will not be prosecuted by authorities — making average ransom demands to victims of more than $100,000, according to the US Department of Justice.

Last month, a coalition of Big Tech companies and officials from the FBI and justice department called for governments to designate ransomware as a national security threat and to “exert pressure” on nations that refused to join efforts to tackle the hacking epidemic, for example through sanctions.

The attack came as the White House prepared for another round of negotiations with legislators about the president’s proposed $2.3tn infrastructure package.

Biden and the Democrats said unprecedented federal spending for areas ranging from broadband access to subsidised childcare was needed to propel and sustain an economic recovery. But Republicans have pushed for a slimmed-down bill more tightly focused on traditional infrastructure projects such as roads, bridges and tunnels.

Adam Kinzinger, Republican congressman from Illinois, said the attack on the Colonial pipeline underscored the importance of investing in critical infrastructure and energy projects.

“This needs to redouble our efforts as a country to get past our internal divisions . . . and focus on things like critical infrastructure in the future,” he told CBS News. “Because this is only going to continue to happen more often if we’re not careful.”

*This story has been amended to clarify that the federal government has made a Regional Emergency Declaration to ease the transport of fuels by road

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Brisbane motorists facing ‘obscene rip-off’ as the city once more becomes the nation’s most expensive capital city for unleaded fuel

The latest RACQ data reveals Brisbane service stations were pumping fuel at a 15-month record high in April, despite a fall in the international oil price.

In recent weeks, prices at many petrol stations have hovered between $1.60 and $1.70 a litre, giving the big oil companies more than 45 cents profit for every litre pumped into a car.

RACQ spokeswoman Lauren Ritchie said the data showed what many people feared.

“Brisbane is the most expensive capital city in Australia when it comes to unleaded petrol prices,” Ms Ritchie said.

“When we are seeing jumps of around 40 cents a litre from the bottom of the cycle to the top of the cycle that really hurts.

“Retailers are taking a very healthy margin on top of what we should be paying here.”

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Cyberattack shuts down top U.S. fuel pipeline network

Top U.S. fuel pipeline operator Colonial Pipeline has shut its entire network, which supplies fuel from U.S refiners on the Gulf Coast to the eastern and southern United States, after a cyberattack that industry sources said was caused by ransomware.

The company transports 2.5 million barrels per day of gasoline, diesel, jet fuel and other refined products through 5,500 miles (8,850 km) of pipelines, and transports 45% of East Coast fuel supply.

Colonial shut down systems to contain the threat after learning of the attack on Friday, it said in a statement. That action has temporarily halted operations and affected some of its IT systems, the company said.

While the U.S. government investigation is in its early stages, one former U.S. government official and two industry sources said the hackers are most likely a highly professional cybercriminal group. Investigators are looking into whether a group dubbed “DarkSide” by the cybersecurity research community is responsible.

DarkSide is known for deploying ransomware and extorting victims, while selectively avoiding targets in post-Soviet states.

The malicious software used in the attack was ransomware, two cybersecurity industry sources familiar with the matter said. Ransomware is a type of malware that is designed to lock down systems by encrypting data and demanding payment to regain access. The malware has grown in popularity over the last five years.

Colonial has engaged a third-party cybersecurity firm to launch an investigation and contacted law enforcement and other federal agencies, it said.

Cybersecurity company FireEye has been brought in to respond to the attack, the cybersecurity industry sources said. FireEye declined to comment when asked if it was working on the incident.

Colonial did not give further details or say for how long its pipelines would be shut.

“Cybersecurity vulnerabilities have become a systemic issue,” said Algirde Pipikaite, cyber strategy lead at the World Economic Forum’s Centre for Cybersecurity.

“Unless cybersecurity measures are embedded in a technology’s development phase, we are likely to see more frequent attacks on industrial systems like oil and gas pipelines or water treatment plants,” Pipikaite added.

Reuters reported earlier on Friday that Colonial had shut its main gasoline and distillate lines.

During the trading session on Friday, Gulf Coast cash prices for gasoline and diesel edged lower.

Both gasoline and diesel futures on the New York Mercantile Exchange rose more than crude prices during the day. Gasoline futures gained 0.6% to settle at $2.1269 a gallon, while diesel futures rose 1.1% to settle at $2.0106 a gallon.

“The fact that this attack compromised systems that control pipeline infrastructure indicates that either the attack was extremely sophisticated or the systems were not well secured,” said Mike Chapple, a professor at the University of Notre Dame’s Mendoza College of Business and a former computer scientist with the U.S. National Security Agency.

Longer-term price effects will depend on the amount of time that the lines are shut. If barrels are not able to make it onto the lines, Gulf Coast prices could weaken further, while benchmark prices in New York Harbor could rise, one market participant said. Rising benchmark prices are typically followed by price hikes at the pump.

Colonial shut down its gasoline and distillate lines during Hurricane Harvey, which hit the Gulf Coast in 2017. That contributed to tight supplies and gasoline price rises in the United States after the hurricane forced many Gulf refineries to shut down.

East Coast gasoline cash prices rose to the highest since 2012 during Hurricane Harvey and have not gone higher since, while diesel prices rose to a more than two-year high, Refinitiv Eikon data showed.

(Reporting by Stephanie Kelly and Christopher Bing Editing by Simon Webb and Alistair Bell)

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Where to find the cheapest fuel in Manly

The number of confirmed coronavirus cases in NSW
Every day, NewsLocal tracks local fuel prices, so that you know when and where you are paying too much.
The cheapest U91 petrol at 1.15am today, according to Fuel Check, was 123.9 cents a litre, 34.0 cents cheaper than the most expensive bowsers.
These are the cheapest stations for Unleaded:
Metro Fuel Killarney Heights, 702-704 Warringah Road, Forestville, 123.9
Metro Petroleum Forestville, 656 Warringah Road, Forestville, 125.9
Coles Express Hunters Hill, 4 Ryde Rd, Hunters Hill, 127.9
7-Eleven Lane Cove, 203 Burns Bay Road, Lane Cove, 131.9
Bp Lane Cove, 62-70 Epping Rd, Lane Cove, 131.9
Today’s other average and cheapest fuel prices:
Premium 98
The cheapest is 139.9 cents, while the average is 163.8 cents.
Cheapest stations for Premium 98 are :
Metro Fuel Killarney Heights, 702-704 Warringah Road, Forestville, 139.9
7-Eleven Lane Cove, 203 Burns Bay Road, Lane Cove, 149.9
Coles Express Hunters Hill, 4 Ryde Rd, Hunters Hill, 150.9
Metro Castle Cove, 327 Eastern Valley Way, Castle Cove, 151.9
Bp Lane Cove, 62-70 Epping Rd, Lane Cove, 153.9
Premium 95
The cheapest is 142.9 cents, while the average is 157.6 cents.
Cheapest stations for Premium 95 are :
Coles Express Hunters Hill, 4 Ryde Rd, Hunters Hill, 142.9
Metro Castle Cove, 327 Eastern Valley Way, Castle Cove, 145.9
United Terrey Hills, 43 Booralie Rd, Terrey Hills, 152.9
United Petroleum Dee Why, 1 The Strand, Dee Why, 152.9
7-Eleven Mona Vale, 24 Barrenjoey Road (Corner Darley Street East), Mona Vale, 153.9
The cheapest is 125.9 cents, while the average is 136.2 cents.
Cheapest stations for Diesel are:
Metro Fuel Killarney Heights, 702-704 Warringah Road, Forestville, 125.9
Metro Petroleum Forestville, 656 Warringah Road, Forestville, 127.9
United Beacon Hill, 214 Warringah Road, Beacon Hill, 132.9
Speedway Cammeray, 330 Miller St, Cammeray, 133.9
Shell Cromer, 189 South Creek Road, Cromer, 133.9
Coles Express Chatswood, 877-879 Pacific Hwy, Chatswood, 133.9
United Petroleum Dee Why, 1 The Strand, Dee Why, 133.9
United Petroleum Dee Why Pittwater, 625 Pittwater Road, Dee Why, 133.9
The cheapest is 79.9 cents, while the average is 84.3 cents.
Cheapest stations for LPG are :
7-Eleven Artarmon, 477 Pacific Highway, Artarmon, 79.9
7-Eleven Lane Cove, 203 Burns Bay Road, Lane Cove, 79.9
7-Eleven Mosman, 45 Spit Road, Mosman, 79.9
7-Eleven Killara, 494 Pacific Hwy, Killara, 79.9
7-Eleven Narrabeen, 1497 Pittwater Road & Gondola Street, Narrabeen, 79.9
Why you should shop around:
The Australian Competition and Consumer Commission says petrol price cycles bear little relation to the wholesale price of fuel.
“The cheapest and most expensive days to buy petrol can change from cycle to cycle,” it says, recommending motorists “use price cycles to help you decide when to buy petrol”.
What service stations must do:
Service station operators must ensure the price of fuel in FuelCheck matches the standard price of the fuel at their service station at all times.
NSW Fair Trading says consumers who notice a price difference are “encouraged to raise this with the service station operator”.
“Consumers are able to lodge a complaint with NSW Fair Trading directly via FuelCheck regarding instances of fuel price mismatch,” it says.
“Fair Trading will review each complaint and depending on the circumstances the service station may be fined for non-compliance. Penalty notices of $550 can be issued for each offence.”

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