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

 

Worldwide Fears Of Iraqi War Force Petrol Prices U

Shell New Zealand


Media Statement
For Immediate Release
20 December 2002

Worldwide Fears Of Iraqi War Force Petrol Prices Up

Shell New Zealand today announced it was increasing the price of both grades of petrol and diesel by 2 cents per litre, amid mounting fears of possible war on Iraq. The increase is effective immediately.

Shell's Retail Manager Bruce Emson says talk of a US-led offensive on Iraq was pushing up oil prices worldwide.

"Talk of military action against Iraq has driven up the price of crude to near 22 months highs. We are reluctant to increase our prices, but we are monitoring the situation daily and we remain committed to bringing New Zealanders the best possible fuel prices."

Mr Emson said Shell attracted many customers yesterday and this morning who benefited from the 10-cent discount day.

"As the originator of the 10-cent discount day, Shell was delighted to be able to give motorist a chance to fill up at a discounted price in time for Christmas."

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Budget Policy Statement: 'Wellbeing Of NZers At The Heart Of Budget Priorities'

“We want a wellbeing focus to drive the decisions we make about Government policies and Budget initiatives. This means looking beyond traditional measures - such as GDP - to a wider set of indicators of success,” Grant Robertson said. More>>

ALSO:

Short Of 2017 Record: Insurers Pay $226m Over Extreme Weather

Insurers have spent more than $226 million this year helping customers recover from extreme weather, according to data from the Insurance Council of NZ (ICNZ). More>>

Environment Commissioner: Transparent Overseer Needed To Regulate Water Quality

Overseer was originally developed as a farm management tool to calculate nutrient loss but is increasingly being used by councils in regulation... “Confidence in Overseer can only be improved by opening up its workings to greater scrutiny.” More>>

ALSO:

Deal Now Reached: Air NZ Workers Vote To Strike

Last week union members voted overwhelmingly in favour of industrial action in response to the company’s low offer and requests for cuts to sick leave and overtime. More>>

ALSO: