Petrol prices 'may not be reasonable' - News Summed Up

Petrol prices 'may not be reasonable'


Retail fuel margins have increased significantly over the past five years, while fuel margins for commercial road and aviation users have been flat or falling. Photo: FileAn inquiry into fuel prices has concluded the prices Kiwis pay at the pump may not reasonable - and higher prices in the South Island and Wellington are not explained by higher costs in those areas. Retail fuel margins have increased significantly over the past five years, while fuel margins for commercial road and aviation users have been flat or falling. Higher fuel prices in the South Island and Wellington are not explained by higher costs in those areas. "As a result, the study doesn't definitively answer whether fuel prices are reasonable or not."


Source: Otago Daily Times July 03, 2017 22:18 UTC



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