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Petrol pump price war heats up

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Petrol pump price war heats up

3News NZ

Today Gull has undercut competitors' prices to $1.99 a litre

Today Gull has undercut competitors' prices to $1.99 a litre

Petrol prices have dropped below the psychological $2 barrier for the first time in four months.

BP and Z service stations reduced the price of 91-octane petrol to just under $2.03 a litre today.

But today Gull has undercut that price to $1.99 a litre.

The price drops are in response to falling international prices and the relatively stable Kiwi dollar.

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Comments

20/06/2012 2:06:39 p.m.

Mandy wrote:

Go Gull! Always the good guys. Why doesn't everyone support the company that is first to drop their prices and last to raise them, and is always below the prices of the others. Show your support everyone, or stop moaning about the price of petrol

20/06/2012 1:38:35 p.m.

Robo wrote:

They could go alot lower still if we had even more competition in that market.
Same with food prices - they should be lower.