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


Gull Holds Fuel Prices

Gull Holds Fuel Prices

Auckland, 6 August 2009 – Gull has this afternoon committed to holding their fuel prices for at least the weekend. This is in contrast to today’s increase by several of the oil giants.

David Bodger, Gull General Manager, says that while the refined barrel and exchange rates are both volatile this does not equate to a price increase.

Bodger further notes the irony of this latest move coming shortly after the AA said that the New Zealand market had not been adversely affected by the recent introduction of the Emissions Trading Scheme.

“No sooner had the AA announcement been made that the price increased to levels above those seen prior to the ETS,” says Bodger.

“Increasing prices on a Friday afternoon also goes against Gull’s philosophy of value to the motorist. This is the time that most Kiwi motorists are filling their vehicles for the weekend, and increasing prices at this time takes advantage of a captive market.”

Bodger concludes, “We’ll look at our margins again on Monday morning, but because it’s a Monday, we’ll be in no rush to do so.”

At the majority of Gull outlets where Gull controls retail prices, prices are as follows:

Gull Regular Plus (91 Octane) $1.739
Gull Regular (91 Octane) $1.759
Gull Force 10 (98 Octane) $1.879
Gull Low Sulphur Diesel $1.179

Gull’s increasing network of unmanned sites will offer a further discount on these prices


© Scoop Media

Business Headlines | Sci-Tech Headlines


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news