Petrol prices are low.
In some parts of Sydney on Wednesday morning, they fell to under a dollar per litre for unleaded fuel.
NRMA spokesman Peter Khoury says that's thanks to competition.
The independents compete on price, that's all they've got to compete on. Without the independents, who knows what we'd be paying at the bowser. The only way the independents are going to survive is on price, and that is exactly what they are doing."
But not all consumers are feeling the benefits.
Industry representative The Australian Institute of Petroleum says the average price for unleaded fuel last week remained at $1.20.
David Lennox, resources analyst at financial services provider Fat Prophets, says retailers may have something to do with it.
"We have in this country a fairly entrenched distribution network with two major players distributing fuel around this country. When we see oil prices falling, they get that cheaper price to the distribution and they want to maintain or hold on to some of that price."
Last month the Australian Competition and Consumer Commission said petrol retailer profit margins were the widest it had ever seen.
The NRMA's Peter Khoury says the ACCC is monitoring the situation.
"And we want them to continue to put that pressure on the oil companies, continue to focus on the industry, because we know there is more competition to be had - we just need to drag the oil companies to the table."
What the consumer monitor can't control - as David Lennox explains - is the lower Australian dollar.
"Oil is denominated in US dollars. That means as our dollar falls in value against the US dollar, when we come to buy a barrel of oil we have to actually pay out more."
Still, CommSec analyst Craig James says consumers have more money in their wallets.
"If we go back to July last year, we were forking out around $171 a month on petrol, now it's about $144, so we've got a gain of about $26 a month that consumers have got extra in their pockets."
It's not just motorists enjoying some of the benefits of the lower oil price: so is another group of travellers, up in the sky.
Craig James notes government data which points to a 6 per cent fall in discount air fares over the past year.
"Certainly lower jet fuel prices are one of the reasons that the discount fares are lower but there is also significant competition right across the globe and that's driving these prices down."
It's helping airlines like Qantas - where fuel is a major cost - boost their bottom line.
Shares have rallied 77 per cent in the last 12 months.
Resources analyst David Lennox says there is also a down side.
"There is no doubt when you have a look across the Australian energy sector, the fall in the oil price has unfortunate impacts on most of our listed energy companies and that's because of two things: they see a fall in their revenues and they see changes in valuations inside their balance sheet."
And with some bearish forecasts of 10 US-dollar barrels of oil - there may be slippery times ahead.
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