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CUT IN PRICE
OF PETROL
CANBERRA, Tuesday. — Reduc
tions In the price of petrol and
eight other petroleum products,
to operate from to-morrow, were
announced by the Prices Com
missioner (Mr. McCarthv) to-
day.
The reductions will be: — Petrol,
range fuel, lighting and power
kerosene, id. per gallon; distil
late, 2d. a gallon; aviation spirit
octane, 95V4d. a gallon; octane,
lOOd. per gallon; dlesel oil and
furnace oil, 25/ a ton.
Mr. McCarthy said the reduc
tions. followed a fall in landed
costs.
Petrol would now be 414d. a
gallon cheaper and power kero
sene 3V4d. a gallon cheaper than
the highest level reached dur
ing the war. Fuel oil would be
£3 .5/6. a' ton cheaper.
$