The Automobile Association (AA) wants fuel companies to cut prices at the pump ahead of the holiday season.
AA spokesman Mark Stockdale told the NZ Herald margins have crept up in recent weeks.
“The AA monitors fuel prices and fuel company margins.
“We’ve seen those margins have crept up in the last fortnight and they’re above average.”
Stockdale says an immediate four cent cut to the average national price of $2.15 a litre for 91 unleaded and $1.49 for diesel is warranted.
“The AA’s view is they should be cutting prices,” Stockdale says.
Stockdale is predicting the government could step in if fuel companies don’t act.
“If [companies] don’t reduce prices they are likely to invite closer scrutiny.”
