Government will rush through legislation to look into petrol price margins - News Summed Up

Government will rush through legislation to look into petrol price margins


GLENN JEFFREY/STUFF A low Kiwi dollar has contributed to very high petrol prices. AA spokesman Mark Stockdale said the sharp increase in petrol prices this year had left some motorists angry, and the Government appeared to be listening. RECORD HIGH PRICESA low NZ dollar has seen record high petrol prices in recent weeks, with prices for 91 octane averaging $2.41 in September. "Petrol companies are no saints but [Jacinda Ardern] trying to blame them for current petrol price hikes is real pot calling kettle black stuff when it's her petrol taxes doing the most damage," Bridges tweeted. The Government has put the blame on petrol companies, releasing data showing price margins have climbed significantly since 2008.


Source: Stuff October 08, 2018 02:30 UTC



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