Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Gull Puts Lowest Petrol Price Dispute Beyond Doubt

NEWS RELEASE
7 November 2001

Gull Puts Lowest Petrol Price Dispute Beyond Doubt

Gull Petroleum says Shell's new petrol prices are by no means the cheapest in the market.

Gull spokesman Ulrik Olsen says his company's prices were already equal to or lower than Shell's newly reduced levels but, to ensure there is no further dispute, Gull have dropped theirs even further.

Gull is now selling 91 octane petrol for 93.9c a litre, 96 for 98.9c and diesel for 63.9c. These are maximum prices for the Gull chain with some stations' prices pitched even lower.

"Gull customers have known for some time that they've been enjoying the cheapest prices in the country. Now it's time for the rest of New Zealand to find out. We've dropped our prices five times over the past two weeks to maintain that position," Mr Olsen said.

The price of crude oil is now the cheapest for some time and Gull's policy was to pass the savings on to the motoring public as quickly as possible, he said.

Gull Petroleum has 24 stations in New Zealand from Whangarei to Masterton.

******

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Judicial Review: China Steel Tarrif Rethink Ordered

On 5 July 2017 the Minister determined not to impose duties on Chinese galvanised steel coil imports. NZ Steel applied for judicial review of the Minister’s decision. More>>

Debt: NZ Banks Accelerate Lending In June Quarter

New Zealand's nine major lenders boosted lending at the fastest quarterly pace in almost two years as fears over bad debts subsided. More>>

ALSO:

Balance Of Trade: Annual Current Account Deficit Widens To $9.5 Billion

New Zealand’s current account deficit for the year ended June 2018 widened to $9.5 billion, 3.3 percent of GDP, Stats NZ said today. More>>

ALSO:

Talking Up The Economy: NZD Gains On PM's Mistaken GDP Comment

Her comments were downplayed by her chief press secretary who said she was referring the government's June year financial statements and had "made a mistake." More>>

ALSO: