A spike in petrol prices to well above $2 (US$1.46) a litre will hit hip pockets everywhere from the bowser to supermarket shelves, experts are warning. The warning comes as two Nationals MPs call on the federal government to cut the fuel excise as petrol prices continue to climb towards $2.20 (US$1.60) a litre due to global pressures including the Ukraine-Russia war. The NRMA’s Peter Khoury says truck fleets now paying more than double the average price of fuel compared to April 2020 will inevitably pass the price hike on to consumers. “Diesel is the fuel that our economy runs on. Farming, agriculture and mining, transport, small businesses that run fleets,” he told the ABC on Monday. “This is coast to coast and we have never seen anything like it in history. Your family will feel it at the bowser, in the supermarket aisles and everywhere else.” Queensland senator Susan …
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