Kiwi motorists deserve better from Energy Minister
Simon Bridge’s letter to petrol companies warning them they have been too slow to cut their prices is no way to regulate an industry or hold the oil companies to account. It’s also a blatant admission New Zealand motorists are being overcharged, says Labour's Energy spokesman, Stuart Nash.
“I’m surprised the Energy Minister thinks a warning letter to these companies will achieve any results at all, or is the right way to ensure transparency and accountability in an industry that doesn’t have the best reputation for openness and honesty. Kiwi motorists deserve a much higher level of transparency on fuel pricing and now is the time for action, not words.