Petrol prices

There has been a big stir up about petrol price variations in the lower North Island.

Free competition between supply companies and their service stations so I’m not sure what the big deal is.

Sure large fuel companies push for as much profit as they can get where they can get it – it’s a bummer if you live in a high price area. And I don’t see a problem putting pressure on companies that jack up prices.

But most of us have choices, about where we buy petrol, and to an extent how much we use. prices seem to vary by 5-10% – it wouldn’t be difficult for most of use to reduce our use of petrol by 5-10% if we put our minds to it.

A lot of companies and industries put whatever price they think they can get on their products.

19 Comments

  1. Talking of petrol price manipulation:

  2. Blazer

     /  May 1, 2018

    Z control Caltex .Caltex and BP operate with the AA smartcard.Unless there is a Gull or Waitomo handy prices rocket.The price of Oil is a barometer for the U.S dollar…generally dollar down,oil up.The greenback needs to weaken alot more after such rampant..Q.E.

    • Kitty Catkin

       /  May 1, 2018

      What does Queen Elizabeth have to do with it ?

      • 2Tru

         /  May 1, 2018

        Humour? – would be QEII. Otherwise Quantitative Easing – essentially government fiscal manipulation.

        • Kitty Catkin

           /  May 1, 2018

          I thought he meant QED, which didn’t make much sense (old joke, QED is Latin for Quite Easily Done)

    • Kitty Catkin

       /  May 1, 2018

      We saw that on the news; people in the country mad as wasps at paying for services that won’t be available to them. I didn’t blame them at all. It’s absurd for the Minister to ‘brush these off’ unless he wants to brush their votes off as well.

  3. NOEL

     /  May 1, 2018

    https://www.transport.govt.nz/about/governance/ris-bccs/bymode/
    So the companies are taxed an the decide how to collect it and from where???
    Should the title be Auckland Rdgional Fuel Tax but maybe non Aucklanders are pinged.

    • Gerrit

       /  May 1, 2018

      That is what I understand Noel. The fuel companies (and Auckland Council) don’t want a hard border (say the top of the Bombays) where one franchisee holder (say the fuel stop on the south bound Southern Motorway at Drury gets no traffic due to the Auckland price and a service station say at Mercer or Pokeno gets most traffic due to the cheaper Waikato price.

      So the “levy” will be charged to all New Zealander’s instead, even those in Invercargill who may never set foot in Auckland

      • Blazer

         /  May 1, 2018

        allocation of the entire tax take has never been necessarily proportionate to regions or population.

        • NOEL

           /  May 1, 2018

          Ok so lets rename it “Regional Fuel Tax to better Auckland transport options.”

          • Patzcuaro

             /  May 1, 2018

            So it is a bit like a perpetual telethon (minus the TV) for Aucklanders -thank you very much for your kind donation.

            • Kitty Catkin

               /  May 1, 2018

              As the bank robber said to the bank teller.

  4. Gerrit

     /  May 1, 2018

    Those of more advanced years will remember that petrol in the rural areas was always more expensive than the urban ones.

    Used to be a Europa service station on the Great South Road outside Drury with the big sign “Last Stop For City Prices”.

    Wonder if we get service station with signs “Last Stop For Waikato (or Northland) Prices”.

    • Alan Wilkinson

       /  May 1, 2018

      Expecting to see more pumps installed at Kaiwaka.

      • Patzcuaro

         /  May 1, 2018

        The existing one in Kaiwaka has a head start, the prices are competitive in the north with Gulls in Wellsford & Whangarei and the Waitomo in Paihia has made a difference there.

        It depends whether the petrol companies charge it in Auckland or smooth the payment over the whole country based on the Auckland sales. One option would be to lift the price in Auckland when the increase becomes effective but then over time they could spread it out over the whole country.

        • Kitty Catkin

           /  May 1, 2018

          Waikato prices aren’t low.

          BP must be kicking themselves. It seems odd business practice, I must say.

  5. phantom snowflake

     /  May 1, 2018

    Petrol prices on Great Barrier Island are somewhere north of $3 per litre. But it’s not all bad; if my experience is anything to go by it’s probably the easiest place in New Zealand to hitch a ride.

  6. duperez

     /  May 1, 2018

    BP on Maunu Road Whangarei today had 91 at $2.01. I see AA Smartfuel at BP has 10 cents a litre off tomorrow. I wonder if the list price there tomorrow will still be $2.01.