Lpg Gas Prices Australia

LPG Prices in Australia: What You Need to Know

Current LPG Price and Trends

As of April 8, 2024, the current LPG price in Australia is AUD 0.68 per liter or USD 0.45 per liter.

The LPG price in Australia has been relatively stable in recent months, with the average price over the past year being AUD 0.71 per liter. However, prices have fluctuated between AUD 0.67 and AUD 0.75 per liter during that period.

Factors Affecting LPG Prices

There are a number of factors that can affect LPG prices in Australia, including:

• International LPG prices: The international price of LPG is set in US dollars, so the Australian dollar exchange rate can have a significant impact on the average LPG price in Australia.
• Local supply and demand: The supply and demand for LPG in Australia can also affect the price. For example, if there is a high demand for LPG during the winter months, prices may increase.
• Government regulations: The Australian government regulates the LPG industry, and these regulations can also affect prices. For example, the government may impose taxes or subsidies on LPG, which can increase or decrease the price.

LPG Prices Compared to Other Fuels

LPG prices in Australia are currently less than half the cost of 98 octane petrol gasoline. This makes LPG a more affordable fuel option for many Australian motorists.

However, it is important to note that LPG is not as efficient as petrol, so you may need to use more LPG to travel the same distance. Additionally, LPG is not as widely available as petrol, so you may need to plan your trips accordingly.

Conclusion

LPG is a more affordable fuel option than petrol in Australia, but it is important to consider the efficiency and availability of LPG before making a decision about whether or not to switch fuels.