On Tuesday morning BP yet again lead the way by increasing their price of petrol by 3c per litre and diesel by 5c per litre. BP have lead every fuel price increase in New Zealand over the past 17 1/2 months.
Lots of people (including the AA) keep saying that it makes no difference who you support as they all raise their prices very soon afterwards anyway. Why is is then that 48 hours afterwards no other fuel chain in New Zealand has raised their prices to match BP? Some Chevron (company owned Caltex sites who make up about 10% of the total number of Caltex sites) did temporarily raise their price but have since dropped back.
Gull even responded yesterday by *dropping* their prices by 5c per litre. This meant you could buy a litre of 91 for 8c per litre less than the price charged at BP. This competitive reaction was matched by many other fuel companies with sites located near Gull who all dropped their prices and still have these lower prices this morning.
If you've been to BP and filled up with 91, 95 or diesel and been overcharged in the past 48 hours I'd love to know why you went there and were happy to pay more for your fuel than you needed to. Do you like paying too much for all products & services or is it just petrol?
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