A little sad today to see that we can be expecting the price of petrol to touch $3/litre by Xmas. Without trying to be political, it is a little hypocritical to simply blame the petrol companies when the tax take on a litre is approx 80cents/litre and I believe that this figure doesnt include GST. The PM said we are now paying one of the the highest prices per litre in the world.

Surely it is timely to look at the entirety of the tax take and analyse what it is used for plus holding the fuel companies to task. It would be quite interesting to see a breakdown of what the tax is used for on a per annum basis.

We are now in a situation where local governments across NZ are all wanting to add regional taxes to our fuel costs.

I do hope that our politicians are aware of just how much this is going to contribute to annual inflation as it will affect almost everything we purchase.

Not only are we now paying massive excesses on our electricity but our fuel as well.