A steep drop in petrol being sold in Canberra is spreading the fixed costs of running a service station across fewer and fewer litres a year, partly explaining the high prices the capital's motorists are paying at the bowser, the government has argued.
The ACT government on Wednesday backed a new inquiry into the ACT's petrol prices, which surged by more than 10 cents a litre, faster and higher than any other part of Australia, in the week to September 16.