Scoop has an Ethical Paywall
Licence needed for work use Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Shell Holding Off Petrol And Diesel Increases

Friday 20 October 2000


Shell New Zealand Ltd
Media Release


SHELL HOLDING OFF PETROL AND DIESEL INCREASES PETROL PRICES DUE TO HOLIDAY WEEKEND

Shell has decided to delay an inevitable petrol and diesel price increase until midday tomorrow, saying motorists deserve a break on the long weekend.

The company says that rising oil and refined product costs and an ever-weakening dollar have made current prices unsustainable, but it is deferring an increase for 24 hours.

Shell will be raising petrol prices by four cents and diesel prices by seven cents from midday tomorrow (Saturday 21 October).

Says Shell Retail Manager, Steve Foster: “Despite our reluctance to undo all the good work we’ve done in bringing prices down, events on the international stage make a price rise unavoidable. Our competitors timing has, however been lousy, and we want to ensure that motorists heading away for the weekend have some time to fill up at cheaper prices."

Ends

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.