The Western Australian government has ruled out implementing a temporary cap on petrol prices, despite a sharp increase in fuel costs amid the Middle East conflict. Premier Roger Cook made the announcement following an urgent roundtable meeting with stakeholders on Wednesday, as the average price of unleaded petrol in Perth reached $2.27 per litre, with some stations charging up to $2.45.
Premier Cook stated that the government would instead focus on ensuring fuel supply stability by prioritising fuel and fertiliser imports through WA's ports and restocking regional areas. A new industry operational group will meet weekly to address domestic supply chain issues. The Premier emphasised that price caps, allowed under a unique WA law, were not necessary, describing the legislation as from a 'bygone era'.
The cost of unleaded petrol in Perth has risen by 63.4 cents per litre in a week, driven by volatility in global oil prices following US and Israeli strikes on Iran on February 28. The government attributed the price hikes to panic buying rather than supply shortages, urging motorists to 'shop around' for cheaper fuel.
However, farmers expressed concern over fuel availability and costs. Kojonup farmer Gordon Coleman reported being unable to secure his full fuel order for seeding, while Manjimup farmer Amy Dyer said diesel supply uncertainty was affecting planting decisions. Carnarvon grower Tam Chinnery warned that high fuel prices could force her to stop production.
Opposition Leader Basil Zempilas called on Premier Cook to be transparent about fuel supply levels and potential risks of shortages. The government maintained there were no direct supply impacts from the war and that the measures announced would help manage the situation.
