Why AA predicts fuel prices are about to drop sharply - News Summed Up

Why AA predicts fuel prices are about to drop sharply


Some service stations, including in Auckland, have already begun to display four or five prices of fuel on their sign boards. Stockdale said fuel retailers were compromising competition and keeping motorists in the dark by not displaying the price of premium grade fuel. The lack of transparency around premium fuel prices had been an ongoing issue, and the AA had been advocating for a mandate to require service stations to display the prices of all fuel that they sold, he said. Some service stations, including in Auckland, have already begun to display four or five prices of fuel on their sign boards. Where premium prices of fuel were displayed already, voluntarily, the difference had been reduced to about 13 cents.


Source: Otago Daily Times January 27, 2020 00:33 UTC



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