MOTOR SPIRIT PRICE.
FIXATION AT GISBORNE.
(By Telegraph.—Press Association.)
WELLINGTON, Thursday
Regulations were gazetted to-day iixitig the price of motor spirit iu Gisborne and the immediate vicinity. "In bringing down the regulations, I am pleased to be able to indicate that the price that will operate as from to-day will be Id a gallon less than previously ruling," said the Minister of Industries and Commerce, the Hon. D. G. Sullivan.
"It has been possible to do this by effecting Jd a gallon reduction in the resellers' margin of profit and Jd a gallon reduction in the differential charges at present being made by the oil companies in marketing their products in the Gisborne area. It will no doubt be appreciated that already this year there has been a reduction of Id a gallon in the price of motor spirit and, with these regulations, the public in Gisborne has benefited to the extent of 2d a gallon since May this year."
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Bibliographic details
Auckland Star, Volume LXIX, Issue 225, 23 September 1938, Page 16
Word Count
160MOTOR SPIRIT PRICE. Auckland Star, Volume LXIX, Issue 225, 23 September 1938, Page 16
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