Queues of cars were lined up at some Rotorua petrol stations yesterday as prices dropped to a low of 142.9c.
Gull New Zealand dropped its prices by up to 20c a litre from 7am, its Te Ngae Rd station among those across the country dropping to 142.9c for regular 91 fuel and 65.9c for diesel.
The Mobil and Caltex stations on Te Ngae Rd quickly matched that price, as did BP Fairy Springs on the other side of town. All three Te Ngae Rd stations had queues stretching out on to the main highway most of the day as motorists took advantage of what Mobil Te Ngae owner Matt Ralm said were possibly the best recorded prices in 10 years.
He described it as "absolutely insane" as traffic backed up 100m down the road. Gull Te Ngae manager Virender Singh said the forecourt had been "crazy" and he had doubled staff numbers to keep up with the demand.
"With school holidays on it will be crazy throughout the day - busy as - it's a good Christmas present and bonus from Gull."