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AUSTRALIAN PETROL CONSUMPTION

STATEMENT BY USERS’ ORGANISATIONS » SYDNEY, August IS. The secretaries of the Service Station Association of New South Wales and the National Roads and Motorists Association said in Sydney to-day that the Federal Prime Minister (Mr Chifley), in a statement to the State Premiers yesterday that after the abolition of rationing, petrol consumption throughout Australia in June had increased by 45 per cent, had confused petrol sales and petrol consumption. The increase in consumption was about 11 per cent., but there had been a marked rise in sales as a result of panic buying. In June, petrol sales increased from 35,000,000 gallons to nearly 50,000,000 gallons, but the increase was the result of the restocking of their underground tanks by 10,000 retailers, and of abnormal purchases by industrial users.

There had also been much scare buying as a result of the manner in which rationing was ended and of speculation whether the States would institute their own rationing systems.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19490819.2.42

Bibliographic details

Ashburton Guardian, Volume 69, Issue 263, 19 August 1949, Page 3

Word Count
161

AUSTRALIAN PETROL CONSUMPTION Ashburton Guardian, Volume 69, Issue 263, 19 August 1949, Page 3

AUSTRALIAN PETROL CONSUMPTION Ashburton Guardian, Volume 69, Issue 263, 19 August 1949, Page 3