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The doubling of the usual saving means that Coles shoppers who've spent at least $30 in a single transaction can cut the cost of refilling a Holden Commodore at an affiliated service station by $5.68 per 71litre tank.
The initiative has attracted the attention of the Australian Competition and Consumer Commission, which is already examining whether supermarket docket deals "in the long term lead to consumer detriment".
The consumer cop began an investigation into petrol discounts in July this year. While it has not publicly discussed details of its inquiries, it has said it is scrutinising the "size and duration of the discounts".
An ACCC spokesman said yesterday: "The current episode of extended discounting will be considered as part of that investigation."
However, history suggests the ACCC will probably not end up intervening. In 2004 it found shopper docket petrol scheme provided "significant benefits to consumers" and in 2007 it concluded that they "continue to generate a public benefit in the form of lower petrol prices for consumers, particularly with respect to priceconscious consumers".