Government releases terms of reference on fuel price study

Thu, 23 Feb 2017

By Rebecca Howard Feb. 24 (BusinessDesk) - The government has released the terms of reference of a study to determine how fair petrol and diesel prices are at the pump and the aim is to wrap it up by June, said Energy and Resources Minister Judith Collins. According to data from the Ministry of Business, Innovation and Employment - which is undertaking the study - fuel margins have more than doubled over the last five years. "We need to know why this is happening and determine if what people are paying at the pump is reasonable or whethe...

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