Fuel media releases
3 August 2007
AA PetrolWatch July 2007. High New Zealand dollar keeping prices down
"The welcome fall in petrol prices is largely attributed to the rising New Zealand dollar which reached over 0.80 US cents in the last week of July, although international refined petrol prices also fell later in the month," said General Manager of AA Motoring Affairs, Mike Noon.
2 August 2007
AA's scorecard for Gull Force 10
Below are the AA's six conditions and Gull Petroleum's responses relating to Gull Force 10:
2 July 2007
PetrolWatch June 2007
"While the New Zealand exchange rate rose three cents against the United States dollar in June, unfortunately both crude and refined product prices also increased and partially offset the currency gains," says AA Motoring Policy Analyst Mark Stockdale.
17 May 2007
Budget's fuel tax commitment great news for motorists
"We also welcome the Budget's additional $145 million for roads. This money honours the Government's promise to offset rising costs and keep the Transit 10-Year State Highway Forecast road construction programme on track."
13 February 2007
AA offers conditional support for biofuels
The Government's sales obligation, starting in April 2008, would require 3.4 per cent of all fuel sold by oil companies to be biofuel by 2012. The obligation will likely be reached by the widespread sale of petrol and diesel blended with varying percentages of biofuels.
7 November 2006
AA welcomes vehicle fuel economy labelling
Mike Noon, AA General Manager Motoring Affairs said “Motorists want better and more complete data on the fuel economy of vehicles so they can make informed choices at time of purchase.
4 September 2006
PetrolWatch – August 2006
“The falling prices reflect a continuing drop in the international price for refined product, crude oil, and the steadying of the New Zealand dollar,” says AA Motoring Affairs General Manager Mike Noon.
1 August 2006
PetrolWatch July 2006
“The latest rise is largely due to increasing tensions in the Middle East, which have caused the international prices for both petrol and diesel to increase,” says AA Motoring Affairs General Manager Mike Noon.
5 July 2006
Petrolwatch June 2006
“The moderate price reduction largely reflected competitive pressure. Crude oil prices only reduced very slightly during the month, in contrast with the three cents fall in the exchange rate against the US dollar during the same period. This would normally have resulted in price rises. The outlook for fuel prices is still uncertain with many commentators predicting further weakening of the New Zealand dollar,” says AA Motoring Affairs General Manager Mike Noon.