The price of petrol has risen after a brief dip that appeared to coincide with the release of a report of competiveness within the fuel industry.
The study, commissioned by Energy and Resources Minister Judith Collins earlier this year, suggests it has features which may not be consistent with a workably competitive market
According the AA website, the national price of fuel rose three cents per litre on September 6, bringing the price of 91 octane petrol to $2.05 per litre, although many service stations around the country continue to discount prices below that.
Speaking on RNZ's Morning Report earlier this month, Judith Collins suggested fuel companies have increased petrol prices after dropping them around the release of her ministry's investigation into the fuel industry.
'I noticed a significant drop coincided with the release of the report, while they increased during the school holidays.
'It is a very serious issue. Every one cent in margin increase takes $30 million from buyers of diesel and petrol and puts it into the hands of sellers.”
SunLive visited a small sample of local petrol stations on September 14 to find out what motorists might be paying at the pump. See below for the results, and be sure to let us know if you've seen it cheaper – or wildly more expensive.
Gull Hewletts Road (both stations)
Petrol: $1.73
Diesel: $0.99
Z Hewletts Road
Petrol: $1.79
Diesel:$1.04
Waitomo Hewletts Road
Petrol: $1.79
Diesel: $1.04
Mobil Chapel Street
Petrol: $1.73
Diesel: $0.99
BP Ngatai Road
Petrol: $1.89
Diesel: $1.17
Caltex Otumoetai Road
Petrol: $1.88
Diesel: $1.17
6 comments
Fuel prices
Posted on 15-09-2017 10:43 | By Andrew B
The free smartphone app, Gaspy, shows current fuel prices in the area you are, no driving around needed. I think the app was developed by a Tauranga company
Best to
Posted on 15-09-2017 14:28 | By waiknot
Park up your BP/AA fuel discount card and shop at Gull. Even after the so called discount (read builtin extra profit margin) Gull is cheaper and more honest. The displayed price is real price.
Gaspy is great
Posted on 15-09-2017 16:56 | By chewy
Open the app before you plan your trip and find who is greedy and who isn't along the way
Elecric Vehicles
Posted on 15-09-2017 19:17 | By R1Squid
When 50% of the population has an EV, petrol will be as cheap as chips and service stations will be stocking more grocery lines and selling more coffee and pastries.
the
Posted on 15-09-2017 21:38 | By Capt_Kaveman
real price should be around $1.55 and gull are they only ones close to that, the rest should be prosecuted for Price gouging, as normal Judith has no idea
Get the app
Posted on 17-09-2017 13:32 | By Pamaxx
There is a fantastic app called GASPY we use it EVERY TIME WE NEED TO TOP UP ....it's saving us HEAPS of dollars
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