Panic Buying Spurs Fuel Price Hikes; WA Stations Impose Sales Limits

Panic Buying Spurs Fuel Price Hikes; WA Stations Impose Sales Limits

Panic buying across Western Australia has led to significant fuel price hikes, causing concern among local motorists and officials. The surge in fuel prices comes amid fears tied to escalating conflict in the Middle East.

Fuel Price Increases and Panic Buying

As of March 10, 2026, petrol prices in Perth have reached 219.9¢ per litre, while diesel prices soared to 238.9¢ per litre. These increases prompted several fuel stations to limit how much fuel customers could purchase.

  • Current petrol price: 219.9¢ per litre
  • Current diesel price: 238.9¢ per litre

WA Premier Roger Cook reassured residents that fuel supplies were arriving regularly, despite the rising prices. He stated that panic buying was exacerbating supply issues, urging motorists to remain calm.

Government Response to Fuel Supply Concerns

In response to the situation, Premier Cook announced a forthcoming “fuel security roundtable” involving fuel suppliers and industries reliant on consistent fuel supply. The aim is to assess the current conditions and find solutions to ensure price stability.

Energy Minister Amber-Jade Sanderson echoed these sentiments, advising against panic buying. She emphasized that disruptions were caused by increased demand rather than actual fuel shortages. “We ask that people don’t stockpile,” she stated during a press conference, stressing that fuel contracts were being filled adequately.

Impact on Local Farmers and Businesses

The fuel crisis is affecting farmers, especially in regional areas. Reports indicate some farmers are facing halted diesel deliveries, which threatens their operations. Opposition agriculture spokesman Lachlan Hunter highlighted that deliveries could be delayed for up to six weeks, raising alarms about agricultural sustainability.

  • Farmers unable to access diesel for up to six weeks
  • Concerns over operational halts due to fuel shortages

Pledges for Future Action

WA Police Commissioner Col Blanch compared the current fuel situation to prior panic buying seen during the COVID-19 pandemic. He urged calm, asserting that historical perspective on conflict should guide responses.

Amid ongoing discussions, Energy Minister Sanderson confirmed that government intervention via the Petroleum Pricing Act remains a possibility should circumstances worsen. “We’re looking closely at all options,” she said.

Looking Ahead

On March 11, 2026, FuelWatch expects prices to rise further, anticipating diesel will hit 259.9¢ per litre and petrol 234.9¢ per litre. The government continues to monitor the situation closely, hoping to stabilize prices promptly.

Authorities encourage residents to avoid panic and help maintain normal supply chains. Continuous communication between government and fuel suppliers is crucial to mitigate further disruptions in Western Australia.