Petrol prices will be pushed up by new minimum fuel stock laws, according to watchdog, but Minister disagrees - ABC News

3/14/2022 12:00:00 AM3 years 1 month ago
by Jake Evans

From July the federal government will require fuel importers to maintain minimum levels of petrol, diesel and jet fuel — but despite advice from his own department, the Energy Minister denies it will push petrol prices up further.

Energy Minister Angus Taylor has denied new laws set to take effect in July will further increase petrol prices, despite contrary advice from the petrol price watchdog and his own department.