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1726 days ago

North Island petrol gouging

Andrew from Gisborne District

Global economic challenges and most North Island stations are charging excessive petrol prices. Barrel price dropped, PM requested a price drop, South Island petrol prices dropped $1.84.
However, due to North Island lower supply and lower population are being penalized at nearly $0.30/liter for several days. 10 days ago the price was $1.99/liter in both islands. Why the increase? Why the panic from greedy petroleum corporates? Government regulations should review their $0.70/liter taxes and greedy corporates should review their $1.40/liter charges.

CEO's salaries generally have seen 514% wage increase since 1990. Average empolyee wage increase since 1990 seen 147.869% or an average of 3.624% annually over 30 years.

$31.13 to $33.93/barrel that's 159 liters/barrel. We might be forced to pay high prices. We know where our loyalties are.
Multigenerational petrol investor since WW1. NZ has a self imposed petrol shortage based on corporate calculated greed. Prices increase and decrease in 12 hours or less depending on how busy the station is. The real truth to decades of exploiting the consumer over oil family feuds.

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Do you think banning gang patches is reasonable?
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    76.2% Complete
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Mei Leng Wong Reporter from NZ Gardener & Get Growing

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Should all neighbours have to contribute to improvements?
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    81.9% Complete
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