Overnight queues form for $1.99 fuel at Portelli's new Adelaide pump
Billionaire Adrian Portelli opened a membership-fuel station offering $1.99 per litre unleaded.
Drivers queued from midnight on Saturday to fuel up at Portelli's new Edwardstown petrol station, with some waiting three hours. Unleaded cost $1.99 per litre, diesel $2.59.
Unleaded and diesel prices are the lowest at the pump in years. The membership-based site charges $99 annually, with new customers receiving $50 free fuel.
Billionaire Adrian Portelli said he had 'smashed the pricing boards.' The opening comes as the G7 Nations announced a 100 million barrel oil release.
This is expected to put downward pressure on fuel prices in Australia. Australian petrol is currently at its highest since April.
- $1.99 per litre
- Unleaded price
- $99
- Annual membership
- $50
- New customer fuel credit
- 100 million barrels
- G7 oil release
Why it mattersCheap fuel options are rare right now, and a G7 oil release could push prices down further across the country.
AustraliaAdelaide drivers now have a cheap fuel option, and an international oil release may ease petrol prices across Australia.
✓ Claims checked against the source and corrected before publish. checked 51 min ago
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