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surfisup1000:joker97: Apparently last year crude oil was US115 a barrel. Today it's US50 a barrel. I think petrol prices at the station only went down a few cents ... hmm ...
Same with dairy products ...
Someone explain?
Prices were around 2.20/l . Now, the local Z is selling for around 1.77/l. Thats around a 30% discount.
But, when oil was last at the todays price we were paying around 1.30/l for 91.
I'd say the 0.47/l extra we are paying today can be explained by new taxes, wages/non-cogs inflation, and maybe fatter margins.
My guess is that we are paying about 10-20c too much by historical standards. Maybe a bit more because the nzd is stronger than it was back then.
joker97: why are we paying more than Auckland?!
joker97: why are we paying more than Auckland?!
joker97: Maybe the north island should pay more for butter? (That could reveal some ignorance about where we grow cows)
Behodar: I filled up an hour ago at Caltex in Whakatane at $1.77 (after 6c Smartfuel discount), only to hear that it's dropping to $1.75 tonight. I should've waited an extra day!
KiwiNZ: hmmm 0.02c per litre, in my car it would save $1.30 on a full up from empty not worth the hassle
Behodar:joker97: Maybe the north island should pay more for butter? (That could reveal some ignorance about where we grow cows)
Hey there's no ignorance here! I'm not stupid! Butter is made from cream, not cows!
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These comments are my own and do not represent the opinions of 2degrees.
joker97: Dunedin usually pays the same for fuel. Suddenly we pay more ... Where does fuel come from? Ie from a ship (we have ports here) or from a factory in the country? Maybe the north island should pay more for butter? (That could reveal some ignorance about where we grow cows)
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