The Automobile Association (AA) is demanding New Zealand’s fuel companies cut the price of petrol, claiming margins are now at a level when politicians intervene.
Petrol prices in many parts of the country are at the highest level in three years, at $2.149. The so-called “main port” price is in place in Wellington and many parts of the South Island.
AA spokesman Mark Stockdale said based on its tracking of the margins on retail prices, there was no justification for the last time fuel companies raised prices on November 24.
Since then the New Zealand dollar had moved in the petrol companies’ favour, while commodity prices appeared to have eased, boosting margins further.
from Ellie NZ Rss http://www.stuff.co.nz/business/99546698/AA-calls-for-petrol-price-cut-claims-margins-are-well-above-average
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https://ellieplume83.wordpress.com/2017/12/05/aa-calls-for-petrol-price-cut-claims-margins-are-well-above-average/
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