On Thursday, April 23 unleaded petrol got down to just 86 cents per litre at some stations around Nowra - but not all of the South Coast is seeing low prices.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
Just an hour south along the highway in Ulladulla, prices were significantly higher.
Unleaded prices in Milton and Ulladulla were generally over 120 cents per litre on Thursday, with the cheapest price at 110 cents.
Further south, in Batemans Bay, the cheapest price was 95 cents per litre but most stations were selling unleaded petrol for 130 cents.
It was similar in Bega, with unleaded hovering around the 130 cents mark as well - although that in itself was a drop from 139cpl the week before.
Metco at Merimbula was the cheapest Unleaded 91 on the Far South Coast on Friday at 107.8cpl, while Cobargo United was at 109.9cpl and Bermagui's fuel is sitting at 119.9cpl across its three stations
According to the Australian Competition and Consumer Commission, fuel prices in regional areas can lag up to six weeks behind capital cities.
The ACCC chair Rod Sims said the turnover of stock is generally lower in the country so the reduction in demand for petrol due to current travel restrictions may have further exacerbated the lag.
"We have previously found that the lack of vigorous and effective competition in some regional locations was a major reason for higher prices in those locations," Mr Sims said.
"Where there is competition, you tend to see lower prices. Giving your business to outlets that are pricing competitively sends a strong message to those that have high prices that they will lose your business.
"Especially at this difficult time, retailers must not take advantage of the situation to increase their profits, but should pass on savings to motorists."
The ACCC has found fuel prices are generally higher in regional Australia because of the lower population and demand, meaning less competition. The cost to transport fuel and storage is also more expensive than in cities.
NRMA said last week in regional NSW unleaded prices fell 4.4 cents while diesel prices fell 3.1 cents.