r/newzealand • • 1h ago

News Petrol price hits highest level since start of Iran war

https://www.rnz.co.nz/news/business/1745943/petrol-price-hits-highest-level-since-start-of-iran-war
77 Upvotes

80 comments sorted by

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u/H1REV LASER KIWI 42m ago

Better invest in an LNG terminal

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u/Random-Mutant Marmite 34m ago

‘Leccy National Grid.

Electrify Aotearoa

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u/Expensive_Ring_4546 18m ago

Imagine if we used that billion dollars to buy solar panels and inverters in bulk instead..

Let the bloody commercial users pay for the import terminal if they want it so badly

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u/MinimumAmbassador545 33m ago

How expensive do you think our local made gas will get if we don’t?

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u/king_john651 Tūī 30m ago

It already is pretty much the ceiling. Gas users in industry are either pulling out of the NZ market entirely or electrifying their gas use. Less users less demand. The LNG terminal is a pipe dream that I sure as shit don't want to pay for, as a non gas user

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u/H1REV LASER KIWI 13m ago

Not much at all, Methanx and most other large users are pulling out of the market.

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u/Fickle-City1122 57m ago

An orange pedophile wants to play battleship (badly) so I gotta pay $200 at the petrol pump. Love this timeline

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u/YetAnotherBrainFart 24m ago

Get an EV. Switched from diesel ranger - fuel cost has dropped from $5000 (at today's diesel price) to $700 for electric charging.

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u/Fickle-City1122 22m ago

It's honestly looking more and more tempting by the day, but I don't have enough money yet for an EV

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u/Expensive_Ring_4546 17m ago

A cheap hybrid toyota is always a good budget friendly option ans there's a decent selection available

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u/zergy55 Gayest Juggernaut 4m ago

I'm lucky that the in-laws offered to buy an 09 Prius for us to rent-to-buy off them. The difference in how much gas costs compared to what I had to pay for my Caldina is crazy.

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u/RuckusOGx 37m ago

One day the degree to which he is being blackmailed by Israel will be known. It will be too late, but etched into the pages of history nonetheless. This is the legacy he is leaving, not whatever his narcissistic brain is telling him.

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u/basscycles 32m ago

Epstein says hello from the grave.

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u/Expensive_Ring_4546 17m ago

Its very unfortunate.

But honestly if you can make the switch to a hybrid or an ev or even some other kind of pt or emobility device now it the time to do so

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u/InvestmentFuzzy4365 37m ago

Good thing our govt has been encouraging the purchase of EV’s and public transport…

We’re fucked

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u/theheliumkid 29m ago

And all the investment in solar too....

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u/Expensive_Ring_4546 16m ago

Im excited to see that supposedly both major parties are supporting pro solar policies at this election

Its only 20 years behind Australia.. but better late than never i guess

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u/Expensive_Ring_4546 16m ago

That clean car rebate looks like genius in hindsight

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u/hueythecat 7m ago edited 4m ago

Was good enough for Luxons Tesla. Maybe if we reduced the bright line test from two years to one year more of the exited the contributing to society class could trickle down the wealth faster.

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u/MinimumAmbassador545 32m ago

This isn’t encouragement enough?

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u/123felix 32m ago

You mean the 5.5b public transport project the government just opened? Yeah, that's a good thing.

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u/Subject_Strike8546 19m ago

There's been 2 changes of government since the CRL was approved and funded.

The current government has only managed to fund roads and Lockheed Martin's Christmas party.

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u/Jeffery95 Auckland 18m ago

Yeah it is. But it was started before they got into power. So this government cant claim credit. They would not have started it if it hadn’t already been going. They certainly haven’t made progress on any other equivalent projects.

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u/creative_avocado20 46m ago

Will be $5 a litre soon.

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u/Expensive_Ring_4546 15m ago

Its entirely possible

Though the volume of oil making it through the straight of hormuz is almost back to pre war volumes currently so if that continues that will take some pressure off the price of oil

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u/Party_Government8579 5m ago

Problem is a bunch of supply has been taken offline in Russia at the same time as Saudi refinement has been targeted. Uncharted territory

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u/toiletbowlwisdom green 59m ago

My farts smell so good in the EV this week

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u/0oodruidoo0 Red Peak 51m ago

The smell of smug

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u/BlacksmithNZ 23m ago

These threads keep popping up, and we EV owners have to shut up as only recently have I noticed people starting to think of them as an option

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u/toiletbowlwisdom green 11m ago

I talk to coworkers about buying an EV for their next car, I tried to explain the figures but they are not ready to except it

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u/Puzzleheaded_Net4131 55m ago

Powerbill

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u/toiletbowlwisdom green 53m ago

Three free hours every weeknight does the trick barely notice it

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u/quog38 100% Vaccinated. 100% Not magnetic. 49m ago

That depends on the time of day and how much charge you need. However, generally speaking, if you drive an average of 25-30km a day, the cost of charging an EV is about the same as paying 30c per litre for petrol. You can charge your EV overnight for about $3.00 per 100km, depending on the model and your electricity plan. A fast charge can cost up to $10 for 100km and takes about 20 minutes.

Straight from genesis power, However Fast charging is anywhere from 10-20$ depending on where you are these days sadly.

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u/Nolsoth 45m ago

Which is still significantly cheaper than petrol.

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u/quog38 100% Vaccinated. 100% Not magnetic. 40m ago

Oh for sure. Just pointing out that the genesis site was a bit outdated compared to recent costs.

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u/toiletbowlwisdom green 34m ago

Its about 120km free each night

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u/quog38 100% Vaccinated. 100% Not magnetic. 33m ago

Are you on an EV power plan?

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u/toiletbowlwisdom green 13m ago

Contact, free 3 hours power weeknights 9-12, it's a 32a outlet

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u/FlugMe 45m ago

Fast chargers are public chargers. If you can charge at home why would you bother with a public charger?

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u/quog38 100% Vaccinated. 100% Not magnetic. 43m ago

Depends on the person.

I know people who go shopping and charge their car while they shop. My friend goes to Costco every couple of months so going from Hamilton to Auckland they fast charge to get home at times.

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u/FlugMe 41m ago

What an extremely common scenario...

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u/quog38 100% Vaccinated. 100% Not magnetic. 33m ago

I'm not sure why you're being sarcastic. People fast charge because they do. I gave you two situations from people I personally know. I cant speak for everyone else.

Next time I'm in my local parking building I'll ask the people charging there for you.

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u/FlugMe 29m ago

Lol I'm not saying that people don't fast charge, it's just not that common if you can charge at home, jeez louise

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u/quog38 100% Vaccinated. 100% Not magnetic. 25m ago

it's just not that common if you can charge at home

How does this have anything to do with me correcting an out of date price?

The price doesn't go back down because you think its not common.

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u/meetthereaper84 39m ago

People travelling to another town is rare?? Wow you must live a sad little life in mummy's basement.

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u/FlugMe 34m ago

Holy moly, guns blazing over here. Once every couple of months is by definition not very common right? 

Statistics show that the vast majority of people barely travel most of the time.

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u/MinimumAmbassador545 33m ago

Free charging with solar you mean?

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u/toiletbowlwisdom green 14m ago

Cos the rental I'm in has fixed gas line I'm with contact for power and they have an addon that is 9pm-12 free power weeknights

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u/computer_d 51m ago

I'll find out if my car is written off tomorrow. I guess it'd be dumb not to go electric, but doubt there's anything in my price range. I hate the idea of buying a new car. I also don't like how electric cars have screens and all this unnecessary fluff. Stuff which probably makes it so expensive...

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u/dottybotty 34m ago

The petrol and maintenance savings alone will offset buying an old dunger at a lower cost. Literally brought my first EV because it was cheaper to pay a loan + insurance on it than it was to keep filling my tank each week in a petrol car. Petrol is even more expensive now.

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u/FlugMe 50m ago

New petrol cars get all the same screens, has nothing to do with it.

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u/computer_d 44m ago

Won't be buying new. The comparison is with older, 201x petrol cars. That's what I'd otherwise buy, second hand.

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u/FlugMe 40m ago

What's you budget?

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u/BlacksmithNZ 28m ago

r/nzev might have ideas

The Leaf for example doesn't have touch screens, even if many getting on a bit

The EVDB website is useful as well

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u/Puzzleheaded_Net4131 6m ago

Leafs not good

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u/Lassdoggo 22m ago

Been driving for 30 plus years and I think screens are very important and definitely necessary. They keep the wind and rain out and make seeing what's in front of you easier.

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u/Imaginary-Task9973 16m ago

this person drives

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u/ChiefMuppetWrangler 27m ago

Screens are cheaper than the wiring harness required for physical switches - that’s why they’re in every new car.

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u/Expensive_Ring_4546 13m ago

Used toyota hybrids are still an excellent and budget friendly option just fyi and are a massive improvement over fuel economy of non hybrid vehicles

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u/bitshifternz 8m ago

The battery makes it expensive

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u/jacobthellamer 4m ago

New ones start from 30k

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u/mechatui 44m ago

What a stupid war to send every country into a economic spiral again

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u/Expensive_Ring_4546 14m ago

Depressing to see brazil seems set to vote for yet another version of trump yet again

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u/Ok-Currency1593 49m ago

Nice

more demand for EVs

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u/CptMcLaggins 53m ago

sounds like a great time to spend a few more billion on roads

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u/Ok-Currency1593 47m ago

EVs still need roads

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u/basscycles 34m ago

Spending money on public transport, trains and bicycle lanes help take cars and trucks off the roads. Though you are right we still need to maintain the roads.

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u/Kiwi_Dubstyle LASER KIWI 24m ago

Waiting for that headline, that headline that tells us we are once and forever released from that orange nightmare. Like bad shit won't stop happening after he's gone but I'll still drink my first alcoholic toast in years.

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u/wineandsnark 42m ago

For fucks sake hurry up God or fate and smite him.

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u/SoulsofMist-_- 34m ago

Yup pretty expensive.

Use to cost $85 to fill from empty for my car, paid $110 from just under a quarter of a tank the other day

Crazy, glad work pays for my petrol.

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u/Loveth3soul-767 5m ago

Coca Cola fuel instead I guess.

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u/chatam94 Longfin eel 57m ago

You know what, fuck this planet

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u/RuckusOGx 35m ago

Nah, just America and Israel. The rest of the planet is fine for the most part.

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u/FlugMe 33m ago

I heard Russia and Ukraine is a dreamy paradise.

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u/RuckusOGx 31m ago

Haha touche. Add them to the list. May as well toss on a bunch of other African and Middle Eastern countries while we are at it.

You know what, fuck this planet....

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u/catchmepiggy111 56m ago

Good stuff...bring on $4 a liter 👊