Scoop has an Ethical Paywall
Diesel prices reach highest level in 21 months
Media Release: 2 SEPTEMBER
2013
PetrolWatch – August
2013
Diesel prices reach highest level in 21 months
Diesel prices rose 7 cents through August to finish at $1.60 a litre at most service stations, the highest diesel prices have been since November 2011.
In contrast, petrol prices fell to their lowest level in 10 weeks during August, but after several weeks of price cuts they began an upward climb again at the end of the month.
After beginning August on $2.21 a litre for
91 octane, petrol prices fell another 3 cents before rising
7 cents to end the month on $2.25 a litre in the main
centres.
“Concerns about a
possible US strike against the Syrian government have led to
an increase in commodity prices,” says AA PetrolWatch
spokesperson Mark Stockdale. “At the same time, the New
Zealand dollar lost 3 cents against the US currency during
the month.”
“Oil prices are now at their highest
level since February. Back then motorists were paying $2.21
for a litre of petrol – but the exchange rate was worth 5
cents more while taxes were 3 cents per litre less,” Mr
Stockdale said.
The AA’s
monitoring of commodity prices and exchange rates show the
imported cost of fuel rose 6 cents per litre since the last
drop in pump prices in mid-August.
• For more information, go to: www.aa.co.nz/petrolwatch
Ends
Business Canterbury: Urges Council To Cut Costs, Not Ambition For City
Wellington Airport: On Track For Net Zero Emissions By 2028
Landcare Research: ANZAC Gall Fly Release Promises Natural Solution To Weed Threat
NZ Anti-Vivisection Society: Auckland Rat Lovers Unite!
University of Canterbury: $1.35 Million Grant To Study Lion-like Jumping Spiders
Federated Farmers: Government Ends War On Farming
