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ETS Watch #1

July 4, 2010

Bromhead - HoS - 4 July

A few days ago, pre July 1, Adam purchsed some household items from the Lower Hutt Pak ‘N Save. At the time he did not fill up with petrol, probably a mistake, but was sure that he saw that the price for 91 octane was $1.729 per litre. The voucher he got with the bill for the purchases was for 6 cents a litre discount. So if he had purchased a tank then, it would have cost after discount $1.669 per litre.

Today, Adam had to buy petrol, imagine his surprise on finding that 91 octane was now $1.789 per litre, so much for the estimated 3 cents impact of the ETS.

Indeed, not having noticed any great spikes in oil prices recently, Adam wonders if we are seeing an ETS rip-off.

According to Cardlink Pricewatch BP in Lower Hutt has 91 Octane at $1.759 per litre, Caltex is at $1.789 maybe Pak ‘N Save buy from Caltex, but why?

OK so after discount the price is still cheaper than BP, but why the big rise?

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2 Comments
  1. Bill The Bunyip permalink
    July 4, 2010 2:09 pm

    Pak n Save along with all the foodstuffs chain, get their fuel from BP.

    Caltex are just ripping into the public in the time honoured tradition of big oil.

    • adamsmith1922 permalink*
      July 4, 2010 2:32 pm

      So Pak ‘N Save are selling their fuel, if you do not have a voucher for 6 cents a litre at 3 cents a litre more than retail at BP.

      Makes their advertising tagline rather inaccurate:-

      “Everything we do, we do to save you money”

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