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Motorists can give their wallets a break as petrol prices plummet across nation
New South Wales reached an average of 138.9cents a litre on Tuesday
Last month the cost of petrol reached eye-watering figures - the highest its been
Prime Minister Scott Morrison facing pressure to get rid of $12 billion fuel tax

By Sahar Mourad For Daily Mail Australia

Published: 03:15 EST, 13 November 2018 | Updated: 03:24 EST, 13 November 2018

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Motorists can give their wallets a break as petrol prices plummet across the nation to as low as 133.2cents a litre.

New South Wales reached an average of 138.9cents a litre on Tuesday, while Melbourne reached an average 143.5cents a litre, and Queensland enjoyed 134.1cents a litre.

Last month, the decade-high price of petrol strained the wallets of drivers across the country.

Petrol in Sydney reached an eye-watering $1.75 a litre, Melbourne hit a 10-year high last month, and Adelaide motorists forked out an average of $1.67 a litre.

Motorists can give their wallets a break as petrol prices plummet across the nation (stock)

New South Wales reached an average of 138.9cents a litre on Tuesday (stock image)

However, this relief might not last long and motorists are advised to continue checking various petrol stations before filling up.

Currently, NSW is the only state where fuel prices are published in real time.

Queensland and South Australia have expressed interest in trialling a similar scheme.

NRMA spokesman Peter Khoury is calling for a national live fuel publication.

Prices are also published on the state government's website and the motoring group's mobile phone app, which has been downloaded close to 840,000 times since its launch in May.

NSW is the only state at the moment with where fuel prices are published in real time (stock)

Prime Minister Scott Morrison is also facing pressure from Coalition MPs to slash the $12 billion a year fuel excise (stock)

Prime Minister Scott Morrison is facing pressure from Coalition MPs to slash the $12 billion a year fuel excise.

Liberal MP Craig Kelly has called on Mr Morrison to 'substantially reduce' the crippling fuel tax, which adds an extra 40 cents to the cost of every litre.

The fuel tax is levied by the federal government and used to repair roads and fund infrastructure projects.

Mr Morrison put the soaring fuel prices on notice and is pressuring the Australian Competition and Consumer Commissioner (ACCC) Rod Sims, to take action.

'I want some answers out of the ACCC,' Mr Morrison told K Rock 95.5.

'They're the cop on the beat, they're the ones we fund to go out there and monitor why prices are moving up and down and how they're timed.'

The prime minister conceded some factors, such as the international cost of oil, were out of the local market's control, but said the ACCC had powers to investigate if consumers were being hard done by.

'What we can ensure is the people who are selling it here behave,' he said.

'I'm expecting some action.'