Fuel - Its got to be the money.
Seldom to I try and title a blog of mine with such an obvious statement at the start.
I do find it curiously stunning that within hours of a crude oil price rise on the markets, that the fuel companies strike with a 3-5c per litre pump increase. But yet, within the last few weeks, petrol companies have been hit hard with a oil price drop and a strengthening NZ dollar, thus bringing the price down a little bit more, and yet, until Wednesday, the price was still in the same place it was two weeks before Christmas 06.
So...tell me why? Will oil companies do that? Doubt it. They will do something like, we we are buying a reserve, we are absorbing some of these costs before we absolutly have to pass it on to the consumer. Hell, they can't be doing half bad if the price of petrol has not only dropped 3 cents in the last week, but also now, they are offering in-store or allied petrol discounts for up to 6 cents a litre off at the shop. In all, I could save up to 7 cents a litre if I at a Mobil station, have a shopping voucher AND spend $4 or more in store to save another 4 cents a litre.
I don't get it. Its gotta be the $$$$
I do find it curiously stunning that within hours of a crude oil price rise on the markets, that the fuel companies strike with a 3-5c per litre pump increase. But yet, within the last few weeks, petrol companies have been hit hard with a oil price drop and a strengthening NZ dollar, thus bringing the price down a little bit more, and yet, until Wednesday, the price was still in the same place it was two weeks before Christmas 06.
So...tell me why? Will oil companies do that? Doubt it. They will do something like, we we are buying a reserve, we are absorbing some of these costs before we absolutly have to pass it on to the consumer. Hell, they can't be doing half bad if the price of petrol has not only dropped 3 cents in the last week, but also now, they are offering in-store or allied petrol discounts for up to 6 cents a litre off at the shop. In all, I could save up to 7 cents a litre if I at a Mobil station, have a shopping voucher AND spend $4 or more in store to save another 4 cents a litre.
I don't get it. Its gotta be the $$$$

