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ABC News Daily · August 3 · 15 min

Are we on the road to $2.50 petrol?

The cut to the fuel excise has ended, causing petrol prices across the country to spike. With conflict in the Middle East continuing to strain global oil supplies, many drivers are wondering how long the pain at the bowser will last. Today, energy expert at MST financial Saul Kavonic on the world’s diminishing oil supply and whether we’re all out of fixes. Featured: Saul Kavonic, Senior Energy Analyst at MST Financial

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The cut to the fuel excise has ended, causing petrol prices across the country to spike.  

With conflict in the Middle East continuing to strain global oil supplies, many drivers are wondering how long the pain at the bowser will last.  

Today, energy expert at MST financial Saul Kavonic on the world’s diminishing oil supply and whether we’re all out of fixes. 

Featured:  

Saul Kavonic, Senior Energy Analyst at MST Financial