2026 Fuel Prices & Security of Supply

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#3484549 27-Apr-2026 07:46

fastbike:

At work I have colleagues that are "waiting" for the prices of air fares to come down so they can book an overseas holiday, waiting for the price of fuel to come down as they want to replace their car with something else which is using > 10l/100km, etc.

Surely that's a false economy? Presuming that the old car is not costing thousands per year in repairs then it makes much more sense to hang on to the old car if you want to save money.

My newest car costs about 26c per kilometre to own. Selling it and buying a more efficient car would have a very long payback time.

johno1234

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#3484662 27-Apr-2026 10:40

Spot on. I mostly work from home and wife’s work is only a few km away. We just don’t spend much on fuel so there’s practically no economic benefit in getting more efficient modes of travel.
Would be a whole different story if we were hiking from one side of Auckland to the other every day. I think I’d move home to avoid that nightmare.

SaltyNZ

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#3484682 27-Apr-2026 11:14

johno1234:

Spot on. I mostly work from home and wife’s work is only a few km away. We just don’t spend much on fuel so there’s practically no economic benefit in getting more efficient modes of travel.
Would be a whole different story if we were hiking from one side of Auckland to the other every day. I think I’d move home to avoid that nightmare.

Across Auckland? Erk, yeah. Although we did move further out from (originally) Albany. But we work in the CBD so we only have to get to the city, not across it.

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SaltyNZ

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#3484683 27-Apr-2026 11:17

mudguard:

fastbike:

At work I have colleagues that are "waiting" for the prices of air fares to come down so they can book an overseas holiday, waiting for the price of fuel to come down as they want to replace their car with something else which is using > 10l/100km, etc.

Surely that's a false economy? Presuming that the old car is not costing thousands per year in repairs then it makes much more sense to hang on to the old car if you want to save money.

My newest car costs about 26c per kilometre to own. Selling it and buying a more efficient car would have a very long payback time.

Yes, we only replaced the Swift with a Leaf when the water pump blew and the engine overheated and died with 320,000km on it. Likewise the Pajero, on it's third catastrophic oil leak plus a dead alternator with 310,000km.

Having said that since the Leaf was replaced with the Tesla and the Pajero ultimately with the MG ZS EV we decided this time round to roll them over while they were still in good working order rather than worth $200 to wrecker (which at least covered the cost of the full tank of petrol I put in the Pajero the day before).

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gzt

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#3484702 27-Apr-2026 11:35

johno1234: Spot on. I mostly work from home and wife’s work is only a few km away. We just don’t spend much on fuel so there’s practically no economic benefit in getting more efficient modes of travel.
Would be a whole different story if we were hiking from one side of Auckland to the other every day. I think I’d move home to avoid that nightmare.

One of my key financial benefits is less impulse spending at gas stations. Coffee, chocolate, pies, and lazy car washing ; )

Edit: Gosh darn it this is the fuel price thread!

HarmLessSolutions

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#3484703 27-Apr-2026 11:45

gzt:
johno1234: Spot on. I mostly work from home and wife’s work is only a few km away. We just don’t spend much on fuel so there’s practically no economic benefit in getting more efficient modes of travel.
Would be a whole different story if we were hiking from one side of Auckland to the other every day. I think I’d move home to avoid that nightmare.

One of my key financial benefits is less impulse spending at gas stations. Coffee, chocolate, pies, and lazy car washing ; )

Edit: Gosh darn it this is the fuel price thread!

That benefit is of course lost if you're charging at a Z or BP EV charger where you're trying to kill time, and refuel yourself, while being held captive on a petrol station forecourt.

https://www.harmlesssolutions.co.nz/

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#3484712 27-Apr-2026 13:26

mudguard:

Surely that's a false economy? Presuming that the old car is not costing thousands per year in repairs then it makes much more sense to hang on to the old car if you want to save money.

My newest car costs about 26c per kilometre to own. Selling it and buying a more efficient car would have a very long payback time.

thats what happened on the big increase 10+ years ago. people sold off their big cars dirt cheap and overpaid for small cars. they spent more on the new car than the money they would ever save.

but interesting, some relatives sold their new small car back to the dealer for more than they had bought it for new. thats how much small car prices shot up.

people panicking and not making rational discissions.

Rikkitic

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#3484714 27-Apr-2026 13:44

I never sold my 2003 Diamante 3.5 litre profligate petrol pig. I never use it so the economics are fine and so is the environmental loading.

Plesse igmore amd axxept applogies in adbance fir anu typos

richms

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#3484741 27-Apr-2026 15:23

HarmLessSolutions:

gzt:
johno1234: Spot on. I mostly work from home and wife’s work is only a few km away. We just don’t spend much on fuel so there’s practically no economic benefit in getting more efficient modes of travel.
Would be a whole different story if we were hiking from one side of Auckland to the other every day. I think I’d move home to avoid that nightmare.

One of my key financial benefits is less impulse spending at gas stations. Coffee, chocolate, pies, and lazy car washing ; )

Edit: Gosh darn it this is the fuel price thread!

That benefit is of course lost if you're charging at a Z or BP EV charger where you're trying to kill time, and refuel yourself, while being held captive on a petrol station forecourt.

The thing is you are there long enough to go a little further to an actual food place that will be nearby.

Richard rich.ms

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#3484742 27-Apr-2026 15:27

My screenshot from the Prior release:

What is described as previously reported on todays release (small amendments noted in the footnote):

And todays Release:

Picture hasn't really chance massively from last release regardless. We still have really good stocks onshore / in EEZ. But this will trend down over the next couple of weeks, given fuel in transit is less than the typical shipping time of around two weeks.

Impossible to say if this downwards trend is going to be an issue without knowledge of what ship's are planned to depart for NZ over the next month or so.

johno1234

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#3485032 28-Apr-2026 13:18

Singapore trade agreement strengthens NZ fuel security, in return strengthens Singapore food security:

https://archive.is/fV4eb

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SaltyNZ

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#3485122 28-Apr-2026 14:56

johno1234:

Singapore trade agreement strengthens NZ fuel security, in return strengthens Singapore food security:

https://archive.is/fV4eb

Definitely a good thing that Luxon didn't cancel it along with everything else the previous government started.

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Handle9

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#3485124 28-Apr-2026 15:07

SaltyNZ:

johno1234:

Singapore trade agreement strengthens NZ fuel security, in return strengthens Singapore food security:

https://archive.is/fV4eb

Definitely a good thing that Luxon didn't cancel it along with everything else the previous government started.

There's a thread for you to be sarky about Luxon

wellygary

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#3485128 28-Apr-2026 15:29

johno1234:

Singapore trade agreement strengthens NZ fuel security, in return strengthens Singapore food security:

https://archive.is/fV4eb

Its all pretty "Hand wavy" though.. especially on our side...

"According to a senior official, it is possibly unique in the world: two countries voluntarily waiving their rights to impose export restrictions on each other in a crisis."

I don't believe the NZ has ever imposed export controls on food exports at any time in its history,

We shame people to not export to Russia, but food is pretty much exempted under most UN sanctions, (Although Lobster, Truffles and Wine get banned as "Luxuries") but the bulk of what we sell can go anywhere...

I think we'd likely be pretty far down the "mad max" petrol wars road before we looked at banning exports of butter and beef... Where would all the production go?? we certainly can't consume it all here...

johno1234

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#3485133 28-Apr-2026 15:33

SaltyNZ:

johno1234:

Singapore trade agreement strengthens NZ fuel security, in return strengthens Singapore food security:

https://archive.is/fV4eb

Definitely a good thing that Luxon didn't cancel it along with everything else the previous government started.

<Sigh>

Just to be clear on this, the fuel-food security part of the trade deal was created under the current government in 2025 under the "Agreement on Trade in Essential Supplies" (AOTES) agreement.

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