![Gull boss opens up about fuel price competition, 22 years of disrupting the market](/pf/resources/images/placeholders/placeholder_l.png?d=780)
Gull boss opens up about fuel price competition, 22 years of disrupting the market
Fuel retailer says its model is geared up for a decarbonised future.
Fuel retailer says its model is geared up for a decarbonised future.
The discount will run until midday on Thursday December 17.
New law seeks greater competition in petrol industry and cheaper prices for motorists.
The cost of filling up will increase around the country on July 1.
National says Govt should give motorists a break, with price increase due in July.
The impact of coronavirus on the oil market is a major factor behind the fuel price drop.
Oil prices have plummeted following the virus outbreak, driving down the price of fuel.
Two big chains have reduced what motorists pay at the pump after an oil price plunge.
COMMENT: The big questions are, what happens next, and where does it end?
Mark Stockdale says the AA expects fuel prices to fall at pumps around the country.
Petrol company boss and analyst say uncertainty has been removed.
The cheap prices won't last for long - from 7am Thursday until midday Friday.
Crude prices dropped 6 per cent as Saudi Arabia said repairs would take only three weeks.
Economist Cameron Bagrie warned prices could reach $3 a litre in a worst-case scenario.
Motorists at Gull Kingsland thought they would get in quick before prices surge.
Airfares could also increase as consumers await market response.
Comment: Oil industry operates in an oligopoly - largely protected from market forces.
Kiwis will have a smile on their fuel dial with this deal!
Fuel frenzy: Two BP stations give away free petrol. Video / Supplied
More official interest rate cuts are in store despite an expected lift in the quarter CPI.
Fuel prices aren't budging in the central city a week on from Waitomo opening.
Clear divide between full service and low cost models.
Good news for drivers as oil prices have repeated 2018 mid-year slump.
Kiwis will have to go elsewhere for their Smartfuel discounts.
Government needs to determine whether the big oil companies are in genuine competition.
The highest price in Wellington today was $2.35 for 91.
Low costs at the new fuel stop shouldn't be seen as a good thing, Iona Pannett says.
Gull is gearing up to open service stations in the South Island.
The national carrier has launched $19 one-way fares on its Grabaseat platform.