Petrol prices highest since October 2008

I don't really see a case for Petrol hitting $2 a litre. If we look at the financial problems in America that are still unfolding and will for a few years. The kiwi should be worth more than the greenback soon. The rises lately have been due to a weakening dollar that is now strengthening so petrol should start to come back down again shortly. The world has changed. I notice kids complaining about the distance they have to go to school so they need cars. I remember when I was in primary school walking an hour to school and back with friends each day. Great memories. High School, Cycling 40 minutes to school each day with friends. Time our nation got active again instead of lazy. A wife and mum, not that isn't directed at you, it's directed at how lazy we have become as a society. The price of oil will fall soon, the dollar will rise more. Throw some veggies in the garden for winter and enjoy life.

This is bloody wonderful news! It'll get more people getting rid of gas for their daily driving. No, I don't mean riding bikes in the rain (what a thought), I mean electric vehicles. I've started my next electric car project last week (www.KiwiEV.com). This fuel price increase could be a good thing in the long run.

@Wife & Mum : rest assured that when an economist opens his/her mouth, the market often does the exact opposite of what was predicted. It wasn't that long ago we had economists like Hickey talking of the NZ dollar going to US40c, or the NZD getting to parity with Aussie dollar.....

And sooooo it goes again. We are a two car family because we need to be. My husband leaves for work at 4.50am and spends around $35.00 per week on petrol. I spend around $60.00 pre week. This is on taking and picking up our son to school as his school is not within walkin distant (he is 8) also taking him to sports ie rugby training twice a week and games on a Saturday which are due to start end of the month.It is hard enough trying to pay for just everyday living now days and now again with petrol prices on the up so will everything else. Looks to me like it will be another long hard year ahead.Maybe I should become a MP at least then I would have some money in the Bank and think about all the free travel I would get. I know there are people who are worse of than us but by god life can be very bloody hard at times and we donot smoke or drink or eat out like some people do.But on the bright side we are still breathing so that is a very big plus.Chin up and smile on the face.