4 May 2018

What's wrong with our petrol market?

From The Panel, 4:11 pm on 4 May 2018

Energy minister Megan Woods says the petrol market is not working for consumers, after meeting with BP executives over the company's pricing tactics. BP stands by its actions but the minister isn't satisfied.

We ask economist Donal Curtin whether their tactics are unfair and whether a Commerce Commission investigation would achieve anything.

The BP petrol staion in Paraparaumu (left) is 18 cents dearer than the BP petrol station in Levin (right).

The BP petrol staion in Paraparaumu (left) is 18 cents dearer than the BP petrol station in Levin (right). Photo: RNZ / Richard Tindiller