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RUSH DEMAND UNLIKELY

OPINION IN PETROL INDUSTRY

From Our Own Reporter WELLINGTON, May 31

Oil companies do not expect that there will be any heavy rush for petrol, as a result of the lifting of rationing. Inquiries made in Wellington to-day suggest that there are between 3.000.000 and 4,000.000 gallons of petrol stored in motorists’ cars and in cans in garages. The immediate effect of the lifting of rationing, it is thought, will be that this petrol will be used up before more is bought. In any case, it is said, the end of rationing could hardly have come at a better time, mid-winter being the period when the demand is lowest. There are in hand, however, adequate stocks to meet even an exceptional demand.

Questioned about the possibility of an improvement in the quality of petrol, those closely in touch with the industry said that the quality was controlled by the Government. “Because of what has now happened," said one man. “it is anybody’s guess what might happen next.’’

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19500601.2.93

Bibliographic details

Press, Volume LXXXVI, Issue 26127, 1 June 1950, Page 6

Word Count
170

RUSH DEMAND UNLIKELY Press, Volume LXXXVI, Issue 26127, 1 June 1950, Page 6

RUSH DEMAND UNLIKELY Press, Volume LXXXVI, Issue 26127, 1 June 1950, Page 6

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