Written By: - Date published: 9:41 am, August 30th, 2018 - 43 comments
Categories: Abuse of power, energy, making shit up, national, Politics, same old national, Simon Bridges, social media lolz, spin, the praiseworthy and the pitiful, you couldn't make this shit up - Tags:
For a while Simon Bridges has been trying to create a narrative about petrol prices.
Fuel prices are at an all time high of $2.39 a litre vs $1.59 in Aussie. The main reason for the difference is tax, & this Govt is piling more and more on, hurting Kiwi families all over our country. National will repeal the regional fuel tax & reduce that burden.
— Simon Bridges (@simonjbridges) August 28, 2018
But not in Auckland where a healthy dose of competition is keeping prices down.
And not according to BP. From Hamish Rutherford at Stuff three days ago:
BP said the latest increase was “predominantly due to an increase in the cost of product, coupled with the recent exchange rate weakening”.
A spokeswoman for Z Energy said the price of crude oil had risen around US$5 (NZ$7.47) and was now trading at more than US$75.
“While the Kiwi [dollar] is up slightly in the last few days, it is down 6cents [against the US$) in the last couple of months and has been a big driver of price increases recently.”
I suspect this is going to become a regular post …