Energy Minister Collins puts petrol prices under the microscope

Thu, 09 Feb 2017

By Rebecca Howard Feb. 9 (BusinessDesk) - The Ministry of Business, Innovation and Employment will conduct a review to determine how fair petrol and diesel prices are at the pump, Energy and Resources Minister Judith Collins said today. “MBIE data shows that fuel margins have more than doubled over the last five years. The market study will report on fuel company returns and will include in-depth analysis of oil companies’ finances," said Collins. She said the study will focus on the returns on average capital employed against cost of c...

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