Fuel Prices to Hit Pockets Everywhere

Fuel Prices to Hit Pockets Everywhere
A fuel bowser is seen with different petrol types on Feb. 29, 2012 in Sydney, Australia. Cameron Spencer/Getty Images
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A spike in petrol prices to well above $2  (US$1.46) a litre will hit hip pockets everywhere from the bowser to supermarket shelves, experts are warning.

The warning comes as two Nationals MPs call on the federal government to cut the fuel excise as petrol prices continue to climb towards $2.20 (US$1.60) a litre due to global pressures including the Ukraine-Russia war.