Petrol prices getting close to last year's record. What about your city or town?

Forums › Transport (cars, bikes and boats) › Petrol prices getting close to last year's record. What about your city or town?

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#3010126 15-Dec-2022 09:33

vexxxboy:

ok Petrol has fallen under $2.00 a litre for 91, i just paid $1.96 at Rotorua PaknSave

WOW!

We can only dream of sub-$2.00 petrol here in Auckland...

In saying that, it's a fair bit cheaper than it was: Gaspy tells me that Gull Whenuapai is doing $2.03/l today.

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#3010135 15-Dec-2022 09:48

Gull are doing 20c day and rest appear to have slumped about 7 on Tues afternoon.

Wrong direction for my sharetank excess!!

Naturally it was the afternoon after I filled thinking the .35 was looking stable.

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#3010155 15-Dec-2022 10:39

Handsomedan:

vexxxboy:

ok Petrol has fallen under $2.00 a litre for 91, i just paid $1.96 at Rotorua PaknSave

WOW!

We can only dream of sub-$2.00 petrol here in Auckland...

In saying that, it's a fair bit cheaper than it was: Gaspy tells me that Gull Whenuapai is doing $2.03/l today.

Gull 20c off special today - Auckland petrol $2.13 and diesel $1.94. Seems to have dragged others down too - local Z diesel $2.21 with discount.

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#3010157 15-Dec-2022 10:41

Gull Woolston reporting 2.07

Haven't seen fuel prices that low in a very long time.

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#3010180 15-Dec-2022 11:45

wouldn't this be the best time to phase out the subsidy ...

panther2

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#3010311 15-Dec-2022 13:22

Atiamuri 1.85 for 91

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#3010407 15-Dec-2022 16:34

Just posted to the Costco group. Never thought I would see under $2 again

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#3010410 15-Dec-2022 16:46

Wait... people actually use 91 in their cars? What sort of cars do you not care enough about to use decent octane fuel?

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#3010415 15-Dec-2022 16:58

JPNZ:

Wait... people actually use 91 in their cars? What sort of cars do you not care enough about to use decent octane fuel?

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#3010418 15-Dec-2022 17:06

Batman:

wouldn't this be the best time to phase out the subsidy ...

What subsidy?

The government have temporarily reduced the amount they take from you. But the ‘temporary’ nature of the reduction keeps getting extended (not because an election is within 12 months of course). Fuel is now cheaper than when they panicked.

Of note, if you take the ‘Goff Tax’ off that Costco price, it is $1.85 per litre.

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#3010419 15-Dec-2022 17:10

JPNZ:

Wait... people actually use 91 in their cars? What sort of cars do you not care enough about to use decent octane fuel?

My cars do just fine on 91. Not everyone needs a four ton nature crusher to get around town.

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#3010426 15-Dec-2022 17:30

Dingbatt:

Batman:

wouldn't this be the best time to phase out the subsidy ...

What subsidy?

The government have temporarily reduced the amount they take from you. But the ‘temporary’ nature of the reduction keeps getting extended (not because an election is within 12 months of course). Fuel is now cheaper than when they panicked.

Of note, if you take the ‘Goff Tax’ off that Costco price, it is $1.85 per litre.

A big part of it is the exchange rate, which has not been good lately. If NZ hadn't increased the OCR it potentially could be a lot higher due to the exchange rate. So the price can quickly rocket up again. The thing is that this was supposed to help reduce inflation, and Infact it has reduced inflation figures. Inflation would be higher if they hadn't done this, and fuel costs get added to the cost of most goods too due to transport. It also takes the load of people who face other price increases.

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#3010442 15-Dec-2022 18:14

Rikkitic:

JPNZ:

Wait... people actually use 91 in their cars? What sort of cars do you not care enough about to use decent octane fuel?

My cars do just fine on 91. Not everyone needs a four ton nature crusher to get around town.

I bought a 2010 Honda Fit just for golf. It uses 91. Small on the outside , a Tardis on the inside. 3 sets of clubs and folded trundlers, easy....

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#3010444 15-Dec-2022 18:19

mattwnz:

A big part of it is the exchange rate, which has not been good lately. If NZ hadn't increased the OCR it potentially could be a lot higher due to the exchange rate. So the price can quickly rocket up again. The thing is that this was supposed to help reduce inflation, and Infact it has reduced inflation figures. Inflation would be higher if they hadn't done this, and fuel costs get added to the cost of most goods too due to transport. It also takes the load of people who face other price increases.

It was done to help people. Its not cheap. But it helps poor people and rich people. End of the day it helps poor people.

Globally, its reducing, so its the right time. Say petrol was increasing? when is the right time, as its basically money for jam for consumers. What else can we subsidise? Toilet paper, jam, margarine??? Would have been easier to just not bother, as its a problem when they added the subsidy and its a problem when they drop it.

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#3010451 15-Dec-2022 18:42

Rikkitic:

JPNZ:

Wait... people actually use 91 in their cars? What sort of cars do you not care enough about to use decent octane fuel?

My cars do just fine on 91. Not everyone needs a four ton nature crusher to get around town.

Indeed. Most cars are fine on 91. Some high compression performance engines are no go.

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