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The Guardian - AU

National

Catie McLeod, Luca Ittimani and Guardian staff

Fuel prices fall despite Geelong refinery blaze as Albanese says facility production has slipped by 40%

Geelong Anthony Albanese Viva Energy Petrol Australia

From left: energy minister Chris Bowen, Viva Energy Australia executive general manager, energy and infrastructure Bill Patterson, PM Anthony Albanese and deputy PM Richard Marles at the refinery — From left: energy minister Chris Bowen, Viva Energy executive general manager, energy and infrastructure Bill Patterson, PM Anthony Albanese and deputy PM Richard Marles at the refinery. Photograph: William West/AFP/Getty Images

Anthony Albanese says petrol production has fallen 40% at one of Australia’s two remaining oil refineries but the damage caused by fire at the Geelong facility will not lead to fuel restrictions.

Petrol prices have fallen below $2.10 a litre and diesel below $3 a litre in most cities, as a price spike predicted to follow the refinery shutdown failed to materialise on Friday.

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