Why does fuel cost more in Auckland ?

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sbiddle

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#1298805 6-May-2015 08:35

lapoonman:
nakedmolerat: In my area (south auckland)

1991 - 1.65
Diesel - 94 cent

question, NZ $ is nearly on par with the aus $ yet aussie fuel is 40cents cheaper , did notice oil companies are using a new tact blaming higher refining costs

The exchange rate difference is 5%, Aussie GST is 5% less and the Aussie excise tax is significantly less for a start.

The NZ fuel market has been completely and utterly screwed by BP's SmartFuel and supermarket discounts. Such discounting is now illegal in Australia and discounts are limited to a maximum of 4c per litre due to the fuel market being skewed with the heavy discounting which leads those paying full price to essentially subsidise those buying petrol at a discounted price. That's just wrong.

The fact the AA are in the media every day accusing fuel companies of ripping off customers is hypocrisy at it's best. The fact the Commerce Commission refuse to act in the same way the ACCC did once again just shows how inept they are.

MikeB4

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#1298817 6-May-2015 08:49

sbiddle:
lapoonman:
nakedmolerat: In my area (south auckland)

1991 - 1.65
Diesel - 94 cent

question, NZ $ is nearly on par with the aus $ yet aussie fuel is 40cents cheaper , did notice oil companies are using a new tact blaming higher refining costs

The exchange rate difference is 5%, Aussie GST is 5% less and the Aussie excise tax is significantly less for a start.

The NZ fuel market has been completely and utterly screwed by BP's SmartFuel and supermarket discounts. Such discounting is now illegal in Australia and discounts are limited to a maximum of 4c per litre due to the fuel market being skewed with the heavy discounting which leads those paying full price to essentially subsidise those buying petrol at a discounted price. That's just wrong.

The fact the AA are in the media every day accusing fuel companies of ripping off customers is hypocrisy at it's best. The fact the Commerce Commission refuse to act in the same way the ACCC did once again just shows how inept they are.

I look at it this way, the discounting brings the price down which is good, also market forces should be allowed, if discounting is what the consumer wants then why not or are we advocating a return to the Muldoon era interventionism.

Here is a crazy notion, lets give peace a chance.

BTR

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#1298821 6-May-2015 08:59

Boo Hoo poor Aucklanders whinging again, its over $2 per litre for 91 in the south island. Make yourself a cup of concrete and get over it.

Mark

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#1298830 6-May-2015 09:22

BTR: Boo Hoo poor Aucklanders whinging again, its over $2 per litre for 91 in the south island. Make yourself a cup of concrete and get over it.

There are cars in the south island ?!?

Batman

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#1298836 6-May-2015 09:32

lapoonman:
nakedmolerat: In my area (south auckland)

1991 - 1.65
Diesel - 94 cent

question, NZ $ is nearly on par with the aus $ yet aussie fuel is 40cents cheaper , did notice oil companies are using a new tact blaming higher refining costs

after the old exchange rate, everything is the same and the difference was the taxes.

not sure about the state of affairs at the current exchange rate. anyone knows the price in Oz today and did some maths ?

sbiddle

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#1298848 6-May-2015 09:49

MikeB4:
sbiddle:
lapoonman:
nakedmolerat: In my area (south auckland)

1991 - 1.65
Diesel - 94 cent

question, NZ $ is nearly on par with the aus $ yet aussie fuel is 40cents cheaper , did notice oil companies are using a new tact blaming higher refining costs

The exchange rate difference is 5%, Aussie GST is 5% less and the Aussie excise tax is significantly less for a start.

The NZ fuel market has been completely and utterly screwed by BP's SmartFuel and supermarket discounts. Such discounting is now illegal in Australia and discounts are limited to a maximum of 4c per litre due to the fuel market being skewed with the heavy discounting which leads those paying full price to essentially subsidise those buying petrol at a discounted price. That's just wrong.

The fact the AA are in the media every day accusing fuel companies of ripping off customers is hypocrisy at it's best. The fact the Commerce Commission refuse to act in the same way the ACCC did once again just shows how inept they are.

I look at it this way, the discounting brings the price down which is good, also market forces should be allowed, if discounting is what the consumer wants then why not or are we advocating a return to the Muldoon era interventionism.

Fuel discounting is bring down prices in the same way a Briscoes 60% off sale brings prices down. It's a false economy when the price is heavily inflated in the first place.

This is nothing like Muldoon era intervention - it's simply ensuring that a market is opeting in a far way and not being skewed.

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richms

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#1298859 6-May-2015 10:01

MikeB4:
I look at it this way, the discounting brings the price down which is good, also market forces should be allowed, if discounting is what the consumer wants then why not or are we advocating a return to the Muldoon era interventionism.

But it doesnt bring the prices down. It keeps them higher without a discount applied.

I dont ever shop at a supermarket enough to get a discount there, and the AA one is limited to a fill of a small car.

I dont think they should limit the discounts etc, but the AA should STFU about high prices when they are behind the crappest discount scheme of all.

Richard rich.ms

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#1298864 6-May-2015 10:06

Maybe we should form a consortium. If the govt starts a fuel business/consortium will that help bring prices down? I suppose we need to produce oil (petroleum) to do that I imagine?

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#1298865 6-May-2015 10:06

ps you can tell i know nothing about companies, business, finannce or economics

richms

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#1298900 6-May-2015 10:50

joker97: ps you can tell i know nothing about companies, business, finannce or economics

Yes, have gathered that in the past.

Richard rich.ms

nzkiwiman

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#1300435 8-May-2015 09:22

Another 3c increase in Dunedin, taking 91 to $2.099

Guess it is still sub $2 in most of the upper North Island

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#1300490 8-May-2015 10:08

nzkiwiman: Another 3c increase in Dunedin, taking 91 to $2.099

Guess it is still sub $2 in most of the upper North Island

I saw Regular down by the Vector Arena on Wednesday for 207.9, at Bombay for 201.9, and 179.9 in Pukekohe.

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#1300512 8-May-2015 10:29

Mark: Yesterday I filled up in Whangarie and paid $1.699 a litre for 91 ... why when I look out of my window here do I see 91 selling for $1.999 a litre ?

Does a 34,000 litre fuel tanker really cost $10,000 to drive from Marsdon Point to the Auckland ?

Or is there some extra Auckland tax that the petrol stations have to pay ?

Just curious :-)

My wife was paying $1.60 in Takanini when I was paying over $2 in Martinborough...

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