Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Petrol Consumption Declines

New Zealand’s petrol consumption has fallen, according to the latest statistics from the Ministry of Economic Development.

Energy Minister Pete Hodgson today released the latest edition of the Ministry’s biannual Energy Data File, which contains comprehensive statistics on energy supply, demand and prices up to March 2001.

In recent years petrol consumption has been growing at around 1.8% a year. But overall consumption fell by 2.4% in the year to March 2001. This resulted mainly from a decline of nearly 13% in premium petrol consumption, which accounts for about one-quarter of all petrol sales. Consumption of regular petrol rose by just over 1%.

“Higher prices during the year undoubtedly contributed to the reduction in petrol consumption," Mr Hodgson said. "Petrol use is typically unresponsive to price increases, but this shows the savings possible when people decide to be more careful about how much they use their vehicles.”

Consumption of other liquid fuels increased ¡X diesel by 2%, fuel oil by 11%, LPG by 15% and aviation fuel by 30%. This meant overall consumption of oil products rose by 1.1%.

“A major issue for New Zealand and other developed countries in limiting greenhouse gas emissions is how to constrain growth in liquid fuel use. The moderation in our use of petrol is encouraging, although the continued growth in the use of oil products overall shows the magnitude of the challenge we face.”

The Energy Data File also shows that in the year to March 2001:

- Total primary energy supply, which includes imports of oil and oil products, grew by 1.8% to 806PJ. Total domestic energy consumption for the same period rose by 1.6% to 453PJ.

- Net crude oil imports by volume increased by 5%, while New Zealand's production of crude oil and related products decreased by 8%. New Zealand's self-sufficiency in oil declined to 34% from 37% the preceding year.

- The real value of oil imports (crude and products) increased by 65%, basically as a result of the rise in crude oil prices. This meant the value of oil imports rose from 7.1% to 10.7% of the value of all goods imported by New Zealand.

- Coal production increased by 11% to 3.8 million tonnes. Total utilisation, including exports, increased by about 10%.

- New Zealand gas production by volume rose by 5%, with 77% coming from the Maui field. About 42% was used for petrochemical production, 44% for electricity generation and 14% for commercial and domestic purposes.

- Overall estimated gas reserves of 2273PJ as at 1 January 2001 were about 430PJ or 16% lower than estimated twelve months earlier. This was as a result of production of 230PJ plus a downward revision of estimates.

The data file also covers electricity prices to March 2000. More recent data on residential electricity prices is compiled quarterly from surveys, the latest of which will be available shortly.

For further details see http://www.med.govt.nz/ers/en_stats.html

Ends


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news